What is a good leaver?
Good leaver refers to a shareholder (participating manager) who leaves the company. A distinction is made according to the reasons for the departure and the previous holding period of the investment. The departing manager is a good leaver if his departure is due to personal circumstances for which he is not responsible, such as death, old age or occupational disability, or if the departure is caused by the company without him having provided an important reason for this.
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