Board consists of 5 members representing different areas of expertise.
1. Advise the Management team on issues related to your area of expertise.
2. Review documents, marketing materials, self-learning or other company materials as requested to give input from your area of expertise.
3. Attend a quarterly video meeting to discuss company business. The meetings would be quarterly unless there is an urgent matter that needs discussion.
4. Allow the company to publicize your association as a member of the “Managing board.” This would require you to provide a fun photo and short “friendly” bio for the company website and marketing materials.
1/2% of the initial ownership pool vested over 3 years starting Jan 1, 2019.
Reimbursement for any expenses incurred (approved in advance of course.)
Year end distributions to owners based on ownership vested.
Ownership would be non-voting with an acceleration clause to full vesting if more than 50% of the company were to be acquired by outside investors. If your involvement is terminated for non-activity or at your request, you will retain any ownership that has vested.
If you would like to help implement specific projects, a fee for that labor would be negotiated separate from ownership.