Aye that would work, but even on 415V I've only ever added a remote stop in series with the fixed stop & O/L.
The Mach. came in, was over-hauled, wiring tidied (conduit etc). Thisis where I noticed the240V set up, with the remotes. But I was told not touch it as the other company's sparkies had wired it that way.
If we would have built it, it would be ok to do it right. But in this case I suppose the Gaffer's attitude was "They're not paying us to do that!"... At least I've got him to notify them to correct it!