Claims to compensation in the context of post-formation agreements

Sections 46, 47 and 49 to 51 governing the company’s claims to compensation apply accordingly to post-formation agreements. The members of the management board and of the supervisory board take the stead of the founders. They are to exercise the due care of a prudent manager faithfully complying with their duties. Inasmuch as time limits commence running upon the company being entered in the Commercial Register, the entry of the post-formation agreement in the register takes the stead of the company’s entry in same.