Honestly this depends on the company because its a question of confidence. Do you have confidence that the company will be generating real revenues and how bad

Honestly this depends on the company because its a question of confidence. Do you have confidence that the company will be generating real revenues and how bad to you need the money. If you have a family and need to have guaranteed income at set levels, then you should be conservative and pick option 1. But, to put it in perspective. To see what the back-of-the-napkin calc is for the maximun annual total income. 1. 140k no matter what 2. 140k Max (60 x 2 = 120k plus the max 20K) This option sucks balls. 3. 150k Max (50 x 2 = 100k plus the max 50k) 4. 160k