Guillaume, Yes, I have. I have regularly resorted to term sheets which are non-binding but detail the terms of our future arrangement and the circumstances required to get the full agreement in place. You'd want to make it low-key and not legally binding so as to avoid triggering his 457 issues. I would go through the steps you would ordinarily undertake to understand your proposed terms of agreement, number of shares, vesting schedule, etc, then just jot those down in terms format in a single page letter. Put an expiry date on this offer at which time something else needs to be negotiated between the two of you.
Patrick. On 14 August 2013 16:57, Guillaume Ang <[email protected]> wrote: > Very interesting Patrick. > > It actually could fit very well. Have you implemented it before for equity > ? > > > On Wednesday, August 14, 2013 7:20:18 PM UTC+10, [email protected] wrote: > >> Hi mates, >> >> Who has a clue on how to give equity to a 457 Visa holder to work -during >> its free time- on my startup, without putting him at risk to get fired ? >> >> Few options I'm considering : >> - giving equity in a US company instead of an Australian company (lower >> risk ?) >> - giving him equity as an investor (how ?) >> - giving equity to his wife (risky ?) >> >> Any other option or advice is highly welcome !! >> >> You can email privately ([email protected]) and I'll be happy to offer >> you a beer if you have time to share your own experience with me. >> >> THANKS >> >> -- > -- > You received this message because you are subscribed to the Silicon Beach > Australia mailing list. Vist http://siliconbeachaustralia.org for more > > Forum rules > 1) No lurkers! It is expected that you introduce yourself. > 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs > > > To post to this group, send email to > [email protected] > To unsubscribe from this group, send email to > [email protected] > For more options, visit this group at > http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en > > --- > You received this message because you are subscribed to the Google Groups > "Silicon Beach Australia" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > For more options, visit https://groups.google.com/groups/opt_out. > -- -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Vist http://siliconbeachaustralia.org for more Forum rules 1) No lurkers! It is expected that you introduce yourself. 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en --- You received this message because you are subscribed to the Google Groups "Silicon Beach Australia" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/groups/opt_out.
