[skeeter2020]

Not a lawyer, but been involved in two startups where a founder left with some animosity and a lot of emotions, once as a third party and the other as the leaving founder. Short answer from my experiences: you can't take equity with you but you can get more money.

Slighty longer answer: dead weight founder equity on the books will kill the company unless it's already achieved some level of success and you're into a more dividend phase (doesn't sound like it) or it's young but doesn't need to ever take outside money . From your perspective it may "feel" good to keep some of your baby but you don't want that, as the company will fail/wildy succeed and you'll be really upset, or (more probable) land somewhere on the spectrum from mildly successful to zombie and you won't care about it.

I think you can probably get a bigger buy-out, but have no details. You don't typically value a young company on one-time, past revenues but on projected or recurring sales. A grant might impact goodwill in the future, but a potential grant wouldn't have much impact in my view. These deals around very early stage companies are not going to pay out like a typical startup (wild valuations on theoretical future growth) but on assets and free cash flow. You should push for a buyout in line with that, while recognizing you are not driving and if your CEO thinks it is unreasonable they can stall, fight or torpedo the company before paying you out.