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Stock Option Plan Rule of Thumb No. 2

Stock Option Rule of Thumb from The Startup Garage

This article was contributed by William W Eigner, Esq. & Brian Headman of Procopio, Cory, Hargreaves & Savitch LLP.   Issue Options According To Value Added And Risk Taken Options are often issued as a reward, either for services rendered or risk assumed by the recipient. Thus, the number of shares and ownership percentage covered by the […]

Stock Option Plan Rule of Thumb No. 1

Stock Option Rule of Thumb from The Startup Garage

This article was contributed by William W Eigner, Esq. & Brian Headman of Procopio, Cory, Hargreaves & Savitch LLP.   Reserve 10-20% Of Your Company’s Outstanding Equity For A Stock Option Plan Equity incentives are a major form of compensation for most emerging growth and technology companies. Without them, most start-ups cannot afford critical labor, let alone […]

Equity Options to Attract Directors and Advisors

Equity Options to Attract Advisors and Directors from The Startup Garage

This article was contributed by William W Eigner, Esq. & Brian Headman of Procopio, Cory, Hargreaves & Savitch LLP.  William Eigner’s bio is available at https://www.procopio.com/attorneys/william-w-eigner and his LinkedIn is available at https://www.linkedin.com/profile/view?id=616218&trk=tab_pro. A properly selected Board of Directors and Board of Advisors can be an invaluable asset to an emerging company. Building these boards is an early opportunity for […]

Non-Profit Legal Issues: Lobbying

Non-Profit Lobbying from The Startup Garage

Lobbying is the act of working to influence legislative or administrative decisions.  Any activity by a charity relating to proposed or pending legislation or molding public opinion on legislative matters could qualify as lobbying.  Lobbying can be done either professionally or on a certain issue by passionate members of the community.  There are many organizations […]

Non-Profit Legal Issues: Fundraising

Non-Profit Fundraising from The Startup Garage

As mentioned in our earlier blog post on State Filing, most states require that you register with the Attorney General for the right to solicit funds within the state, and most states additionally require you to report on your fundraising revenues and expenditures.  Fundraising for a non-profit can take many forms, and below we discuss […]

Overview of Common Non-Profit Legal Issues

Non-Profit Legal Overview from The Startup Garage

There are two categories of common legal problems this post will discuss: the problems that arise by virtue of being a business (contract, employment and personal injury issues) and the problems that are common to non-profits (fundraising, lobbying, profit-seeking).  Here we will explain the former as they are more simple, and will reserve individual blog […]