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Vesting and Buyback Rights
There are few things that create more resentment than the departure of a founder after only a short time with the corporation, who retains all of his or her shares and thus gets a “free-ride” on the efforts of those who stay behind. For this reason, startups often institute a vesting s... read more.
The Anatomy of a Financing
Where a personal introduction is not possible, the investor’s preferred method of being contacted should be determined. In addition, attending local industry events where investors will be present (such as venture capital fairs) is a good way to introduce the business to potential investors o... read more.
There is no legal requirement for shareholders to enter into a shareholder agreement, and it is possible for a corporation to be governed only by the applicable corporation statute, together with its articles of incorporation and by-laws. However, most shareholders find that this “default” scenar... read more.
From the Blog
Unpaid internships were discussed in an April 8th posting in this blog and it is clear that most Ontario interns have to be paid. But what about employees in start-up companies? Can employers provide them with stock options, shareholdings or the promise of future payment in lieu of current payment of wages?...
Dentons is a proud sponsor of the FounderFuel Demo Day, being held on Tuesday, December 2 at the Théâtre Rialto....
Join Dentons’ Andrea Johnson and Andre Garber at The Indus Entrepreneurs’ (TiE) flagship conference for entrepreneurs, SMEs, industry veterans, investors, and other members of the Canadian business community. Organized in partnership with Canadian sister chapters in Toronto and Vancouver, and global TiE chapters in Silicon Valley and Boston, this event features industry leaders, technology gurus and investors from different sectors and all spheres of business....