Starting a Business

saden1 · 06-23-2012, 07:48 PM

Just to give you guys an update...

I talked to the lawyer and he instructed me to send out an email that calls a mandatory meeting in which meeting attendance is explicitly tied to equity stake in the company. Basically, partners that don't show up forfeit their stake and the partner I was having an issue with didn't show up thus firing himself and relinquishing current and future stake in the company.

The best thing that could happen happened and now we can move on without him.

06-23-2012, 07:48 PM	#32
saden1 MVP Join Date: Feb 2004 Location: Seattle Age: 46 Posts: 10,069	Re: Starting a Business Just to give you guys an update... I talked to the lawyer and he instructed me to send out an email that calls a mandatory meeting in which meeting attendance is explicitly tied to equity stake in the company. Basically, partners that don't show up forfeit their stake and the partner I was having an issue with didn't show up thus firing himself and relinquishing current and future stake in the company. The best thing that could happen happened and now we can move on without him. __________________ "The Redskins have always suffered from chronic organizational deformities under Snyder." -Jenkins

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Starting a Business

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