Issue the Ownership Stakes

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Once you have decided how the company will be owned and controlled, and know which entity makes the most sense for the business, the ownership stakes must be distributed to the founders, and the rules of owning those stakes must be established in an agreement. These rules are primarily occupied with the purchase and sale of ownership, addressing issues such as what happens when a founder becomes disabled, or wants to sell his stake to an outsider. You will get an overview of the legal issues and concerns surrounding each, and can see a sample restricted stock purchase agreement at the end of the chapter.

The author would like to thank Jim Eberz of Meiselman, Denlea, Packman, and Eberz P.C. ( www.mdpelaw.com ) for his assistance with preparing this chapter.

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Game Development Business and Legal Guide
Game Development Business and Legal Guide (Premier Press Game Development)
ISBN: 1592000428
EAN: 2147483647
Year: 2003
Pages: 63

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