When a Co-Founder Leaves Before the Cliff: Unvested Stock, the Board Seat, and the Advisor Package
A co-founder leaves before the one-year cliff. The repurchase option, board removal by written consent, and a small advisor stake usually settle it — here is the sequence.
How a $2,250 Vacation Balance Becomes an $11,250 Wage Claim: Final-Pay Timing and Waiting-Time Penalties
A small final-paycheck miss can trigger penalties measured by daily wages, not the shortfall. How waiting-time penalty math works, what ‘willful’ means, and how to limit exposure.
The CHOICE Act Rewired Key-Employee Retention in Florida Deals — Garden Leave and § 542.45
Florida’s CHOICE Act gives buyers mandatory injunctions on key-employee noncompetes — and a seven-day notice rule that ordinary closing mechanics violate by default.
No Records Is Still an Answer: How a Florida Company Responds to a Third-Party Subpoena It Has Nothing For
A Florida company gets a Rule 45 records subpoena and finds nothing responsive. Why ‘no records’ still needs a sworn answer, and how to deliver it in one email.
A Term Sheet Is Not Nothing — Postbit v. Look Dynamics and Type II Reliance Damages
Chancery enforced a term sheet’s good-faith negotiation covenant but denied expectation damages, awarding reliance damages instead. What that means for LOI drafting.
The Founder Employment Agreement Nobody Prices: Transition Risk When You Sell and Stay
When a founder sells and signs an at-will employment agreement, the severance months are the wrong fight. Cause, Good Reason, metrics, non-competes, and IP carry the risk.
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