1. Unless the articles of association provide otherwise, a manager is entitled to remuneration, to be fixed by the members.
1 - Salvo disposição do contrato de sociedade em contrário, o gerente tem direito a uma remuneração, a fixar pelos sócios.
2. The remuneration of managers who are members may be reduced by the court, on the application of any member, in judicial inquiry proceedings, where it is grossly disproportionate either to the work performed or to the company’s situation.
2 - As remunerações dos sócios gerentes podem ser reduzidas pelo tribunal, a requerimento de qualquer sócio, em processo de inquérito judicial, quando forem gravemente desproporcionadas quer ao trabalho prestado quer à situação da sociedade.
3. Unless the articles of association contain an express clause to that effect, the remuneration of managers may not consist, in whole or in part, of a share in the company’s profits.
3 - Salvo cláusula expressa do contrato de sociedade, a remuneração dos gerentes não pode consistir, total ou parcialmente, em participação nos lucros da sociedade.
The default right to remuneration fixed by the members, court reduction of member-managers' pay in judicial inquiry proceedings, and the bar on profit-sharing remuneration absent an express clause are retained.
We advise on Portuguese company law in English every day: formation, capital, members’ resolutions, managers’ liability and restructuring. A written answer and a fixed quote within one working day.
Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.