Collins is an employee and a shareholder of a company. The company was incorporated in 2005 and adopts the full version of Table
A、of theCompanies OrdinanceCap 32) as its articles of association.Yesterday,Collins heard that the board of directors of the company intended to pass a resolution to terminate the employment contracts of all the employees who had worked for the company for more than four years (‘the Resolution’).On the following morning, as a shareholder of the company,Collins called the chairman of the board and demanded that the board not pass the resolution (‘Collins’sDemand’).Required:In relation to company law: (a)Explain to the chairman whether the board must comply withCollins’sDemanD、(5 marks)