Tatango - Latest Comments in Buy-Sell Agreements

Re: Buy-Sell Agreements

Çelik kapı — Sat, 12 Feb 2011 03:21:45 -0000

posted buy sell ?

Re: Buy-Sell Agreements

medyumlar — Fri, 13 Aug 2010 07:19:14 -0000

Yes, another great point. I would encourage anyone starting a company
with a partner to seek the advice of an attorney before starting
anything.

Re: Buy-Sell Agreements

Derek Johnson — Tue, 08 Sep 2009 21:25:07 -0000

Yes, another great point. I would encourage anyone starting a company
with a partner to seek the advice of an attorney before starting
anything.

Re: Buy-Sell Agreements

William Carleton — Mon, 07 Sep 2009 12:51:23 -0000

Derek, definitely a "must cover" topic for entrepreneurs starting a new business together. Another means to cover some of these issues, particularly where all agree at the outset that there is going to be some "sweat equity" to be put into the business over time instead of / along with cash, is to issue founder's stock as restricted stock (or the founders' interest in an LLC as "restricted units") and then subject that stock (those units) to "reverse vesting." This is something that outside investors will often insist be put in place at the time of an outside financing, but there are very good planning reasons for partners in a new business to put this in place ahead of time (and often, when you do and you do it reasonably, you don't need to revisit the subject later).