As one of the cofounders of company K, I am going to leave the company recently. Per our agreement, I shall give up my intangible property associated shares but keep my cash contributed shares. I am wondering how much shares I should have after I leaving this company.
We have three cofounders, say A, B and C. I am C.
A’s Cash contribute was a1, A’s intangible property contribute was a2
B’s Cash contribute was b1, B’s intangible property contribute was b2
C’s Cash contribute was c1, C’s intangible property contribute was c2
If E=a1+b1+c1+a2+b2+c2, our initial percentages were
A%=(a1+a2)/E
B%=(b1+b2)/E
C%=(c1+c2)/E
If I leave and only keep my cash contribution shares, my (C’s) share percentage should be (c1+c2)/E or c1/(a1+b1+c1)?
We have three cofounders, say A, B and C. I am C.
A’s Cash contribute was a1, A’s intangible property contribute was a2
B’s Cash contribute was b1, B’s intangible property contribute was b2
C’s Cash contribute was c1, C’s intangible property contribute was c2
If E=a1+b1+c1+a2+b2+c2, our initial percentages were
A%=(a1+a2)/E
B%=(b1+b2)/E
C%=(c1+c2)/E
If I leave and only keep my cash contribution shares, my (C’s) share percentage should be (c1+c2)/E or c1/(a1+b1+c1)?