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One reasonable settlement would be to take 50% equity in the firm in exchange for his contract. Then he extracts half of all dividends for as long as he likes.
by chillydawg 10y ago
One reasonable settlement would be to take 50% equity in the firm in exchange for his contract. Then he extracts half of all dividends for as long as he likes. Taking 100% probably would not be wise, as he'd be in charge of it and he probably has no idea how to run it.
- peteretep 10y agoThere are estimated 30 people with the same contracts, and as there's not 1500% equity to go around, that won't work.