Model Memo and Addendum Responding to Offer of Ownership Interests in New or Young Company

To attract and retain the best employees, many employers offer ownership interests – LLC units, restricted stock, “phantom stock,” stock appreciation units, etc. To employees, this represents the possibility of gaining financial security. However the “legal papers” that are usually required to be signed commonly (a) permit reduction in compensation, (b) offers no job security, (c) makes the ownership interests easily forfeited or of very little value, and (d) includes non-compete restrictions. Thus, the “dream” can end up being a nightmare. This Model Memo and Addendum helps employees in this circumstance reduce the risks and raise the rewards. It provides clauses to request be inserted into the required “legal papers.” “What to Say, and How to Say It.”™

$127.75

Members Get 10% OFF

- More info SKU: Comp 10 Category:

THIS IS A DOWNLOADABLE PRODUCT: Your purchase will be delivered to you by emailed link within 10 minutes, so that you can instantly download it. If you do not receive yours within that time, please first check your Spam folder and Junkmail. If it is not there, please email us at Vanessa@ExecutiveLaw.com. [If you need to speak with us, from 9 am to 5 pm Eastern Time, just call our office at 212.757.5000; at other times, call 516.223.1330. If needed, we can email your purchase directly to you.]