Illinois Founder's Vesting Agreement

State:
Multi-State
Control #:
US-ENTREP-00103-1
Format:
Word; 
Rich Text
Instant download

Description

Founder shares vesting means that after a specified time period or event, aB company founder may keep all or a certain percentage of his or her stock shares even after leaving the company. Shares that are not vested may be repurchased by the corporation, often at a lower value than would be commanded on the open market.
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Illinois Founder's Vesting Agreement