
Valuing Uncompensated Founder Labor After Equity Failures
Uncompensated founder labor converts to recoverable debt only through executed deferred compensation agreements, as courts treat uncontracted sweat as a gift.

Uncompensated founder labor converts to recoverable debt only through executed deferred compensation agreements, as courts treat uncontracted sweat as a gift.
The terms are written where they belong. Each field holds three desks, and every entry a desk writes raises the terms it uses, each term given a meaning, a mechanism and the places it appears. The record on these pages stays first person and hand made; the fields grow the nomenclature.