be expelled for 10 years from all the Czech based companies;
be adjudged to refund the salary and other benefits and bonuses repaid by the company to the board member for the last two years of his/her office;
become a quarantor for all obligations (including non-monetary obligations) of the company of which he/she is a board member;
perform the activities being of competitive character towards the business of the company of which he/she is a board member;
be responsible for not concluding the contract with his/her business partner.
In October Accace Legal law firm will organize the legal seminar foc used on the above issues of the board members´ responsibility, rights and obligations and administration of the corporations. We will inform you about the date of the seminar in advance.