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New Member
- Jurisdiction
- Delaware
Hello,
A C corp was registered under one owner who owns all the shares.
This owner would like to give 40% to a friend.
How can the process of giving 40% of the shares be done? How can she set conditions for this transfer, for example that friend needs to commit at least 4 years to the company. Or that these 40% cannot be re-sold for non-existing share holders.
Is the friend considered a founder? Is there a need for a founders agreement?
Thanks
A C corp was registered under one owner who owns all the shares.
This owner would like to give 40% to a friend.
How can the process of giving 40% of the shares be done? How can she set conditions for this transfer, for example that friend needs to commit at least 4 years to the company. Or that these 40% cannot be re-sold for non-existing share holders.
Is the friend considered a founder? Is there a need for a founders agreement?
Thanks