Question juridique clé
How should the shareholder agreement be interpreted, and was the buyer bound to purchase all shares despite the later end of the licence agreement?
Solution extraite
The shareholder agreement was a sale by successive deliveries, and its performance was subject to a resolutory condition tied to the continued existence of the copyright licence.
Motifs extraits
The agreements formed a composite contract. On the basis of the trust principle, the parties could not reasonably have intended share purchases to continue once Y________ AG could no longer use the work for which it had been created.