3 ms·
"contains non-binding language that allows you to specify how equity split in the new venture is planned" If it's non-binding, what's the point?
by taybin 14y ago
"contains non-binding language that allows you to specify how equity split in the new venture is planned"
If it's non-binding, what's the point?
- obiefernandez 14y agoThe details of the equity split are the only parts of this agreement that are non-binding, because they are complex and will usually be couched in boilerplate language as part of the incorporation process. Still, I think it is better to put this information in writing even if it's non-binding because it helps to prevent misunderstandings in the future.