What is an employee retention or M&A carveout plan?
Startup Company Lawyer
FEBRUARY 21, 2010
I was speaking at an event last month to a group of CEOs and was surprised by the number of CEOs that were worried about the value of their common stock in a M&A transaction. Due to aggregate liquidation preferences that may exceed the acquisition price in an M&A deal, common stock may be rendered worthless.
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