Investor Professor Beware of SAFE Offerings From Crowdfunded
Companies Simple agreements for future equity may sound enticing, but they are not an actual equity stake in the company.
Not exact matches
Sequoia's investment was in the form of a SAFT, or a
Simple Agreement for Future Tokens, an emerging fundraising technique in which investors buy a share of cryptotokens from
companies.
Student loan
agreements are
simple contract debts and this gives the
company asking you to pay five years from the date you last paid or acknowledged the debt to go to court to enforce the
agreement.
We concluded that the
company could lift the moratorium by implementing a few
simple steps: (a) re-establish curtailable
agreements with two large customers that already have dual - fuel capability, and (b) change the way it estimates impacts from current and future energy efficiency programs.
You'll be able to set up your unique
company the way you want to with just a
simple LLC Operating
Agreement.
But there are others that may gain access to your
company information and a
simple verbal
agreement is difficult to enforce, so you may benefit from asking others to sign an
agreement.
Even my own
company, EasyNDA, could be considered machine processing of what has been a «legal process» of creating and executing a
simple non-disclosure
agreement, correct?
A SAFE (
Simple Agreement for Future Equity) is a financing contract used by
companies to raise capital in their seed financing rounds.
Ken illustrated another example in an
agreement between two cable
companies where a
simple comma caused ambiguity.
To keep things
simple and general, the home and car insurance
company or second party involved in an auto insurance contract agrees to insure the driver for the specific areas of coverage up to the stated limits as listed in the terms of the contractual
agreement.
Already, several
companies have introduced solutions that improve on several traditional business activities, from creating better
agreements —
companies such as Jincor, which offers
simple smart contract creation — to giving consumers better access to services like financing and cloud storage.
To take advantage of his employer's MBA Assistance Plan, Bernie had to sign a
simple «Reimbursement
Agreement» that required him to remain with the
company for three years, so that the
company would see a «return» on its «investment» in him.
Although that definition may seem overly complicated and wildly expansive, it is actually a
simpler version of what we usually find in employment
agreements, equity awards, employee handbooks, and
company policies.
The
company's financial model is
simple: the agent pays $ 89 per month ($ 59 per month if you're a new agent who signs a one - year
agreement) and $ 295 per transaction.