Anyone can purchase membership and benefit, in accordance with the law, from expected profits and value growth.
Co.Co is entitled to first refusal right in purchasing shared “membership units”. Membership can also be sold to any of the other partners. Selling to a third party is subject to the board’s approval. Maintaining the special community blend that we have created together with each and every partner is of utmost importance to Co.Co.
Unfortunately not. The discount is not transferable. We do encourage anyone who likes the collection to become a partner because we believe that it is a worthy investment both in practice and in principle. The investment made by the partners is carefully handled and funds the current operation.
The investment is returned in products over a period of two years, in addition to special discounts on various products. Above all, we consider the investment a business opportunity to become engaged in an innovative startup company with significant growth potential.
You can vote and exert your influence on decisions made. You are welcome to share your knowledge in the relevant fields, make suggestions with regard to the business and the community in which the company is involved. You can serve as our representative among your social circles and avail yourself as a community leader. The company is interested in manning partners in local branches in order to leverage the identity of interests.
According to Co. Co guidelines, the top salary will not exceed ten times the lowest in the company. Partners with larger share in the company will not be given priority. The board will receive reports and assume responsibility as if a public company. The chairperson of the board elected in the annual assembly will report to the partners. Each year 10% of the profits will be donated to social activities defined by the partners.
The company is managed by its founders, a team of professionals and experts. The board of directors comprises of ten members whose duty is to review the company’s financial and operational activity. The board includes entrepreneurs, partners and an attorney who is not a partner but has accompanied us from its first day. The broad representation is not required by law but asserts our wish for transparency and supervision. We believe that the company’s interest are identical to the interests of the entrepreneurs and of the partners. The auditing is handled by Tenenbaum Bar Levav Accountants.
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