But then he would have no say, no access to the books, and 'profit' could get to the others one way or another prior to the level where he gets a %age.
Either stick to his guns, or go for a clean break at the right price in cash.
Don't accept a conditional sale paid in stages. Something often...
If you don't want to hand over your 50% equity, and don't want to resign as a director, then nothing can force you.
Do not sign anything, and do not allow a fresh issue of shares, which could dilute your holding meaning you could be outvoted at general meetings.
If eventually, it is going...