The Startup Lawyer
MARCH 17, 2010
4) Type of Shares: Common Stock. (5) 5) Par Value of Common: $0.0001. (6) 10) Consideration for Founders Shares: Cash & IP. (11) 11) Handling of “Lost Founders&# : Lock Down the IP. 1) Length of NDA: 0 pages. (2) Here’s what I’d do in the beginning: Incorporation. (1) Hell Yes. (9)
The Startup Lawyer
MARCH 17, 2010
4) Type of Shares: Common Stock. (5) 5) Par Value of Common: $0.0001. (6) 10) Consideration for Founders Shares: Cash & IP. (11) 11) Handling of “Lost Founders&# : Lock Down the IP (then Wish Them Well). 1) Length of NDA: 0 pages. (2) 1) Entity Choice: Corporation or Corporation. (2) Hell Yes. (9)
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