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by cmapes
4439 days ago
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This. I just drafted a stock purchase agreement for my business partner and I on our new startup and one of the basic boilerplate additions to the stock purchase / vesting agreement is a spousal agreement to the terms of the purchase. The communal property law only relates during a divorce were the shares are split up between the couple by the courts. Any decently written stock purchase agreement has a first right of refusal for the company to purchase back those shares in the event of an involuntary transfer. |
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