Stock Option Plan Rule of Thumb No. 4
This article was contributed by William W Eigner, Esq. & Brian Headman of Procopio, Cory, Hargreaves & Savitch LLP. Set a Lenient Post-Termination Exercise Period When Possible If a director or advisor’s term is discontinued, a lenient post-termination exercise period may be very valuable to an option holder. I advise clients to draft the option grant […]
Stock Option Plan Rule of Thumb No. 3
This article was contributed by William W Eigner, Esq. & Brian Headman of Procopio, Cory, Hargreaves & Savitch LLP. Subject Director And Advisor Shares To A Two-Year Vesting Schedule Directors assume general corporate law fiduciary duties and potential liability from the very first day they serve on a company’s board. For this reason, independent directors expect […]
Stock Option Plan Rule of Thumb No. 2
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
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
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 […]
So You Want to Start a Business?
7 visual steps to guide you through the startup process This infographic from Bolt effectively outlines what you will need to know to get your business up and running. Below are links for more information on each step. Step 1: Write a Business Plan Step 2: Choose a Business Location Step 3: Finance your Business […]
Create an Effective Online Presence
The environment of the web is continually changing, the weighted importance of real-time content, social integration and mobile compatibility rising significantly in the last few years. These changes are creating opportunities and challenges for companies and organizations of all scales and experience depending on adaptability and preparation. Your online presence is created by the ongoing […]
Build an All-Star Startup Team
You have a great new business idea. As it forms into a plan, decisions will be made around how to support business functions necessary to succeed and if you should plan to assemble a team. Create a clear outline of how the company will develop as an organization. Understand your goals and format them to […]
Five Professionals That Should Be in Your Entrepreneurial Network
Networking expands your social circle and improves your working effectiveness by expanding the resources available to you. You and your friends can exchange expertise and integrate different resources to achieve outstanding results that a one-man team would otherwise never be able achieve. Growing your entrepreneurial network is a worthy long-term investment and you should have […]
Top Aspects to Look for When Finding a Business Location
Once a business plan is finished, subsequently the next phase is to implement the key elements in the business plan, including finding a location if you are a brick and mortar business. Location, Location, Location. This saying has been used time and time again to emphasize the association of being successful and having a good […]
