Recent content by LucyLu33

Thank you so much for your intelligent answer! (Seems that everyone else on here is just playing games.) So, if I may further this example (though poorly worded, I know - feel free to make suggestions :) ) to make my point as to the differences that I am potentially envisioning between the two...

PayrollHRGuy, I can’t do your homework for you. You’ll have to figure that out for yourself.

And here I thought we were on a first name basis.

Throw me a bone here, LdiJ! What context am I lacking here? Specifically.

Haha! So I take it you are not Tony!

Yes, the devil is in the details, and I'm trying to understand all the details. Feel free to add context so it's not in a vacuum, so I can better understand the scope involved in the question I am asking. The end result would be the same after 5 years - the cofounder would own 12.5% equity in...

I get what you are saying Tony. I understand that maybe I am not adding crucial details. I don't know enough to put it in the context you are looking for. Since it's a hypothetical situation, can you add a scenario to put it in context and then comment?

Ok, change "potential to earn" to "will earn"... then what are the differences.

Oh my gosh! Not the case! There is no contract. I am truly just trying to understand the difference, because I was debating with him on the issue, and I thought maybe someone could enlighten me! Guess this isn't a very "friendly" atmosphere! :)

I'm doing homework on my brother-in-law who is trying to tell me these are the same, and I think not. Can you help a scientist (non-lawyer) out?

Yep.

Hi Zigner, I'm not asking for a contract review, I'm asking for help to understand if there is a difference between two equity structures that are presented. Can you help with that? And yes, pertaining to U.S. Law.

What is the difference between a contract that states the cofounder gets 12.5% equity total fully vested over 5 years (2.5%/year), and a contract that states that the cofounder starts at 0% equity and gets 2.5% equity per year for 5 years for a total of 12.5% equity? How do these contracts...