US Legal Forms
Founder's Vesting Agreement

Nevada Founder's Vesting Agreement

Category:

Small Business - Business Types and Forms - Corporations - Formation

State:

Multi-State

Control #:

US-ENTREP-00103-1

Format:

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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