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I'm not talking about grant-making case by case, but delegation authorization resolution itself. Delaware General Corporation Law has sections describing how it
by nabla9 2y ago
I'm not talking about grant-making case by case, but delegation authorization resolution itself. Delaware General Corporation Law has sections describing how it can be done.
- JumpCrisscross 2y ago> delegation authorization resolution itself. Delaware General Corporation Law has sections describing how it can be done How what can be done? Nothing in Delaware law says the CEO--let alone the Board--has to sign off on every form of employment agreement. That's a classic business judgement.
- danielmarkbruce 2y agofwiw, re-reading your initial comment, I think you may have meant to say one thing and have inadvertantly said two things. The comment sounds like you are saying any clause in any contract which has any effect on equity. You might have intended to say any clause in the contracts you then copy/pasted, which deal with process around granting equity. ?