Tagged Questions

1
vote
2answers
141 views

Is there a word for “don't dilute my shares faster than yours”?

I am entering discussions where the subject of me receiving equity in a company might be brought up. I would like to know if there is a common business term (manner-of-speaking term) for an ...
0
votes
2answers
88 views

Alternative to expensive legal contract review? [closed]

I have a partnership agreement I'd like a second opinion on, but I can't afford a lawyer right now. What other resources are out there? I've found a web-based contract review site that uses attorneys ...
1
vote
0answers
89 views

Partner is leaving, is there any common legal agreement that will allow him to return?

We have a company that has three business partners (all of us are liable for whatever happens in the company). One of the partners is temporarily leaving the company as he can't fulfill his duties ...
3
votes
3answers
207 views

Is there anything special an underage founder/freelancer doing business with startups needs to be aware of?

Since I'm not a legal adult, is there anything special I need to watch out for in terms of startup culture? Technically, I can get out of any legal agreement (since they can't be binding until I'm ...
1
vote
1answer
177 views

Is there a guide on writing a Founder's Termination Agreement?

My co-founder wants to suspend our company instead of terminating it. Is there such a thing as a Founder's Suspension Agreement? If not, is there a guide on how to write a Founder's Termination ...
0
votes
1answer
132 views

May I use content from Foursquare in commercial purposes?

I really hope this is the right forum, if not you have to excuse me. I am planning to build a commercial service (in this case a mobile app) that uses content from Foursquare and presents it to my ...
5
votes
4answers
254 views

In the agreement for hiring an offshore provider, should the governing jurisdiction be my country, theirs, or both?

I am considering hiring a firm in India for a website development and am in the process of drafting the agreement. I am located in Australia. Standard agreements include a clause stating which ...
8
votes
3answers
508 views

How to relieve customer's concerns about what happens to my one-man startup web service if I die?

I own an S Corporation that has launched a niche market web service and have signed up a few customers. I'm still very much bootstrapping this and doing everything myself (a one-man show). I'm ...
3
votes
1answer
74 views

How do you know someone signing an agreement has the right to do so?

Always, wondered this, and never found a good answer. Guess the opposite applies, too -- how do you know someone does NOT have the right to enter a legal agreement on behalf of a company? Please cite ...
0
votes
1answer
257 views

multi-owner corp startup kit, shareholder agreement?

I'm looking for a basic kit with forms for establishing a multi-owner corporation (S-election). In particular, we want some basic clauses in the shareholder agreement to cover: buy-sell clause, a ...
2
votes
6answers
995 views

Validity of Shareholder Agreement

We are a newly formed corporation in NY and have just drafted our first shareholders' agreement. There are five shareholders in all but only four of us have signed the agreement. We are acting as if ...
2
votes
2answers
2k views

Protections for minority shareholder in SHA (shareholders agreement)

We are in early startup phase. One founder has a big majority stake and we are co-founders with small 5 minority stake. We have good relations and we are happy with the stakes, but we would like to ...
9
votes
4answers
5k views

Founders Agreement

Can anyone recommend a place where I can download standard founders-agreement for a tech-startup? Preferably, it should include something about founders vesting (e.g. founders will become diluted if ...