The Richard Spellman case deals with an entrepreneur who has decided to leave one dot-com, where...

  

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The Richard Spellman case deals with an entrepreneur who has decided to leave one dot-com, where he was a VP, to become CEO of another start- up. The cases focuses on two key agreements that are part of the negotiation a restricted stock agreement and an employment agreement. As the devil is in the details, students will be expected to read each agreement carefully, even those sections they might initially dismiss as boilerplate. In the (A) case, we will see the first drafts of these agreements, prepared by the attorney for the start-up. In the (B) case, which will be passed out during class, we will have an opportunity to review the final versions and consider the impact of the changes. What are the key issues related to the restricted stock agreement? What should Spellman's priorities be with respect to these issues, and what resolution of these issues would constitute a "fair" outcome from your point of view? Be specific as to which provisions you would want added or modified. The Richard Spellman case deals with an entrepreneur who has decided to leave one dot-com, where he was a VP, to become CEO of another start- up. The cases focuses on two key agreements that are part of the negotiation a restricted stock agreement and an employment agreement. As the devil is in the details, students will be expected to read each agreement carefully, even those sections they might initially dismiss as boilerplate. In the (A) case, we will see the first drafts of these agreements, prepared by the attorney for the start-up. In the (B) case, which will be passed out during class, we will have an opportunity to review the final versions and consider the impact of the changes. What are the key issues related to the restricted stock agreement? What should Spellman's priorities be with respect to these issues, and what resolution of these issues would constitute a "fair" outcome from your point of view? Be specific as to which provisions you would want added or modified.

Answer rating: 100% (QA)

There is a need for Richard Spellman to go through the draft documents He needs to ensure that the employment deal that he had discussed with Walt Sawyer was in fact what the contract spelled out and ... View the full answer