Employment contracts +

What is the name of your state? PA

We are a start-up company, beginning to gain momentum. The company is 51% owned by a disabled veteran (SDVOSB), and there are three senior managers below him. We want to formalize contracts for the senior managers (I'm one of these guys) to work out how we can benefit from our own profit center, as well as collaboratively across all profit centers, and also how we can address remaining ownership of the company, with shares available to us but also available for raising capital. We also need to deal with potential issues of succession, should we graduate as an SDVOSB, or something happen to the principal owner, or should we be bought by another firm.

Is there any boilerplate we can start with? Are there any sites which offer good information on these issues?

Thanks

Yes, there is a boilerplate and good resource in one office.

It's called an Attorney.

A word of advice from someone who has done this three times. You get what you pay for. So, unless one of you graduated for a good law school, get LEGAL advice.

Or do you hire employees based on the color of their eyes and NOT they expertise?

This is NOT a do it yourself project. You really need to have a local attorney, familiar with all your state laws, advising you on this. It's not something that a message board can or should handle.