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Where does the 1mn USD come from, and how do you keep ownership of it? e.g. why doesn't your company hold say, 700k back? as 300k is still a massive 150% bonus.
by crispyporkbites 9y ago
Where does the 1mn USD come from, and how do you keep ownership of it? e.g. why doesn't your company hold say, 700k back? as 300k is still a massive 150% bonus.
- throw20180411 9y agoIt comes from a profit-sharing agreement. Mine is roughly formulaic but not contractual (keep X% of profits). Contractual agreements can have X ranging from 10 to 50.