Converting Early Verbal Promises Into Formal Equity Grants
Unwritten equity promises become enforceable ownership through formal board consents, valid intellectual property assignments, and stock purchase agreements.
vesting commencement date
Unwritten equity promises become enforceable ownership through formal board consents, valid intellectual property assignments, and stock purchase agreements.
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.