This presents a question I've had for a while. Suppose I want a small number of units (say the 15000 he has here) in a company that's pre-IPO, is there a standardized agreement for me to buy it from him?
While his past employer probably has right of first refusal on the units, wouldn't he still come out ahead if I wanted to pay him, say, $10000 for the 15000 units?
Could they have legally pre-emptively blocked the sale? Are there standard agreements where I could take ownership of the value behind those units without having full ownership or voting rights?
While his past employer probably has right of first refusal on the units, wouldn't he still come out ahead if I wanted to pay him, say, $10000 for the 15000 units?
Could they have legally pre-emptively blocked the sale? Are there standard agreements where I could take ownership of the value behind those units without having full ownership or voting rights?