VW Blog Search Results: company agreement

In corporate loan agreements, negative covenants are restrictions and prohibitions that are designed to preserve the credit of the borrower as it was when the lender initially made its underwriting decision.

Esports gamers’ talents are opening up portals to fame, and their brands are worth a lot more than they’re projecting. In this blog, we outline three overarching strategies for esports players’ to appropriately protect their brands. 

A smart contract is simply a piece of code that is executed on the blockchain network. It may or may not be a legal contract. As most code does, it runs off an “if/then” statement. Blockchain allows this code to run on a distributed system, across thousands of computers participating in the network, thus in a completely autonomous, tamper-resistant way.

Recently formed companies often issue restricted equity to stakeholders, but once the companies close a funding round or achieve significant revenue, restricted equity is inappropriate. Instead, the company needs an option plan and to issue options. This blog will answer, […]

From time to time we’ll get a client who asks us to help determine the equity split between co-founders. As attorneys to the company, it’s not our place to say who should get how much equity. But we can help […]

A client reached out yesterday to ask what the difference was between an independent contractor agreement and a master services agreement. He had two sitting in his inbox – different titles, though they were for the same project. At their […]

Who can play the game Angel Investors are individuals who provide seed or startup financing to entrepreneurs. If you give your little brother a few hundred dollars to start a business, technically, you’re an angel investor. However, the more intricate […]

Vesting is the process whereby a recipient of equity earns the equity, or the right to purchase it in the case of options, over time. As I mentioned in my last post, the typical schedule is 4 years with a 1-year cliff. […]

Stop demanding NDAs and whispering your ideas to friends at cocktail parties. Tell your idea to every smart person you know. Get their thoughts and ask them to work with you.

“How much do you weigh?” There are some questions so personal and invasive social mores dictate that they should never be asked. Well, almost never asked. A colleague remarking about any extra poundage I was carrying as a result of […]