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4
votes
4answers
432 views

Startup Employment Considerations

A former co-worker of mine has started an LLC that is owned 100% by him. He has asked me to assist him in market research / analysis and sales, based on the theory that I will come on board and be ...
2
votes
1answer
290 views

Questions around vesting vis-a-vis dilution, leaving a company and being fired from a company

I am just curious about vesting as against 3 things - Dilution, a Co-founder leaving, a co-founder getting fired Please assume a 2-man team with the equity split among the founder & CEO (A) and ...
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 ...
1
vote
3answers
511 views

Forced to sign intellectual property agreement or be terminated after 4 years of service

I have worked for a small 25 employee non-profit in the US for the past 4 years. About 9 months ago, I identified some deficiencies within the company in the areas of data management and ...
1
vote
1answer
417 views

Sample agreements document for founders

Are there any good and short agreements document for founders? (not investors) Focusing on: Responsibility, e.g. hours of work (some of them may not be fulltime) Vesting period Any hints?
5
votes
6answers
1k views

How do I fire a co-founder of my startup?

I have been working with a business cofounder for about a year and it is time for me to let him go. We were supposed to get funded and we never did. So, I am thinking of terminating the company and ...
4
votes
5answers
652 views

What if partner quits? Who owns the code?

If there is agreement with 50-50 split between two partners but what if one partner quits after lets say 1 year. How to handle that kind of scenario? Give some stocks for that 1 year work?