I think that's way, way too much, though I can see why it would seem like a good idea. Sure, when you run the numbers that seems fair. In reality, I want to be

I think that's way, way too much, though I can see why it would seem like a good idea. Sure, when you run the numbers that seems fair. In reality, I want to be helpful (and not critical) and point out that $120,000 a year for three co-founders is not a business worth pursuing?? I suspect you agree?? (which is why your leaving) Your two partners will need to hire a technical founder. How much of the profit will that take???? (maybe $60-$100k). You have maybe $20-$60k profit. You should ask for $20-$40k max! Or increase the profit before you make the transition. Again, trying to helpful!!