"So you are suggesting that we all willingly sell our shares to a third party, and that third party would then go around the intent of the FRoO? There's probably a reason why it wouldn't happen--like it wouldn't be cheaper and the contract wouldn't be satisfactory, or they wouldn't pay enough for EE or the rest of us to sell. They couldn't really start buying on the open market either because it wouldn't take long for the price to go out of reach. "

No I am saying if all shareholders agree to be be bought out at $3 a share, the new shareholder(s) honours the JV agreement. And the FroO clause is not touched. The FRoO only applies if an asset sale is desired, not a share sale.