Examlex
A ____ is like a notebook.
Vesting
The concept of imposing equity forfeitures on cofounders over a certain period of time on a piecemeal basis should they not stay with the company.
Equity Forfeitures
Situations where shareholders or stockholders must give up their ownership stakes, often due to contractual agreements or failure to meet certain conditions.
Cofounders
Individuals who jointly start a business or enterprise, sharing the risks and rewards of the company's development and success.
Legal Structure
The organizational framework within which a business operates, determining its legal obligations, tax liabilities, and governance.
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