www.payne.org

SEPTEMBER 22, 2011

Startup Equity For Employees. 2 Stock Classes: Common and Preferred. NOTE: If youre an attorney or tax accountant with experience helping startup employees with stock and option issues, drop me a note. By convention, preferred stock classes are lettered, increasing for each round of funding: Series A, Series B, etc.

Equity 56

Equity Employee Vesting Preferred Stock 56

Feld Thoughts

FEBRUARY 28, 2023

Corporate law: In Germany, most companies in general and most VC-financed companies are structured in the legal form of a “Gesellschaft mit beschränkter Haftung” (GmbH). Often, this integration results in VC-financed GmbH companies having little to do with the GmbH as envisaged by the law. regarding employee issues.

Germany 165

Germany Liquidation Preference Option Pool Advisory Board 165

Startup Company Lawyer

FEBRUARY 21, 2010

Due to aggregate liquidation preferences that may exceed the acquisition price in an M&A deal, common stock may be rendered worthless. If you can’t figure this out yourself, you should probably build a liquidation preference spreadsheet to model how liquidation preferences work depending on M&A transaction value.

Retention 31

Retention Liquidation Preference Employee Common Stock 31