Sample Deferred Compensation Agreement

While we are not tax lawyers, we understand the tax impact of converted compensation and can review and negotiate job exchange and compensation agreements to protect your compensation and avoid unnecessary pitfalls. However, if the employer retains an unlimited right to refuse or reduce the payment (such as a fully discretionary bonus), this would not be considered deferred compensation. Poorly crafted or insufficiently considered compensation conversion agreements can result.. Read More

Safe Agreement Explained

Our first vault was a “pre-money” vault, because at the time of its launch, startups raised small amounts of money before launching a cheap funding round (typically a round of Serie A preferred shares). The safe was an easy and quick way to get the first money in the business, and the concept was that safe owners were just early investors in this future price cycle. But fundraising at.. Read More