Preemptive Rights

When purchasing stock in a corporation an investor will typically ask for a representation in the purchase agreement setting forth the percentage of......

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Drag-Along Rights

When investors purchase equity in a corporation or limited liability company they often ask for tag-along rights, which provide that if one of the......

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Tag-Along Rights

When investors purchase equity in a corporation or limited liability company the primary purpose of the transaction is to obtain an ownership......

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Preferred Stock

Unlike S corporations which, per the Internal Revenue Code, can only issue one class of stock, C corporations can issue multiple classes of stock,......

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Security Interests

Loan Agreements and Notes are executed when loans are advanced in order to evidence the fact a loan was made and to set forth the loan terms,......

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Convertible Notes

Start-up companies face a number of hurdles when seeking to raise capital. Among them is the challenge of determining the price at which to sell......

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Buy-Sell Agreements: Key-Man Insurance

Buy/Sell Agreements are agreements entered into among owners of companies, and they typically provide for and sometimes require sales of interests in......

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Why it is Important to have a Loan Agreement/Promissory Note?

When lending money, as with any contract, it is important that the parties execute a written agreement setting forth their rights and obligations. ......

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Equity Compensation and Stock Option Grants

In addition to being paid salaries and fees employees and service providers often seek to be compensated by receiving stock in the companies they......

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Non-Compete/Non-Solicitation Provisions

Newly hired employees, and particularly those who are being hired for executive positions, are often asked to sign agreements which contain......

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