Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

You don't need a lawyer. I suggest an LLC with vesting. Just look up online for different types of company structures.

I have a little thing we got from Nolo press (nolo.com- the centrla cheap legal document hub), which was an original operating agreement. We have a 3-year vesting on the agreement that you can use and if he walks, he gets a small amount, but I would also build into the agreement an attachment for rights and responsibilities. We had one partner who was not performing and we had to include an addendum so that if people were not performing, bad stuff could happen. Just send me an e-mail.and I'll pass the doc over.

FYI, the number one thing that all CEOs regret is not getting rid of people who don't belong earlier. So make sure that this person you're hiring on is worthy.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: