I can tell you that I would not agree to such an arrangement. Of course, I would probably not be solely manager/business either. But it seems to be that he needs you as much as you need him. Sounds like 50/50 to me. Unless you really wnt to go out and chase clients. Remember, you get what you pay for. As an aside, you are saying patnership, but you are really a corporation, right? You *really* don't want to go into a partnership. Dana
On 10/16/05, Jeffry Houser <[EMAIL PROTECTED]> wrote: > > So, then, this is not a theoretical question at all? > > I thought company ownership defined in the incorporation records? It > sounds to me like you are one your way to serious trouble. Generally, I > would have had some form of written "partner agreement" in place before > incorporating the company. > > That said, it sounds (from other posts you've made) that you are both in > the company 50/50. You brought to table "web experience" and he brought to > the table "management experience". I don't think that one should have more > weight than the other. > > At 09:01 AM 10/16/2005, you wrote: > >Subject: Starting a new company, apportioning shares > >From: Vivec <[EMAIL PROTECTED]> > >Date: Sat, 15 Oct 2005 18:00:35 -0400 > >Thread: > > > http://www.houseoffusion.com/cf_lists/index.cfm/method=messages&threadid=19015&forumid=5#177139 > > > >WEll, there were several negotiations etc. and initial client meetings. > >Things like agreements, client meetings, liasing with clients etc. and > >selecting partners for the job we did together more or less equally. > > > >The shares is in the company as a whole. There is currently no capital > >that needs to be provided to get this first project off the ground as > >there is an advance payment that should more or less cover expenses. > > > >We've already signed everything re: the company directors, we are both > >directors on the company's incorporation records.It's just the shares > >that need to be worked out at this point. > > > > -- > Jeffry Houser, Software Developer, Writer, Songwriter, Recording Engineer > AIM: Reboog711 | Phone: 1-203-379-0773 > -- > My Company: <http://www.dot-com-it.com> > My Books: <http://www.instantcoldfusion.com> > My Recording Studio: <http://www.fcfstudios.com> > Connecticut Macromedia User Group: <http://www.ctmug.com> > Now Blogging at <http://www.jeffryhouser.com> > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Discover CFTicket - The leading ColdFusion Help Desk and Trouble Ticket application http://www.houseoffusion.com/banners/view.cfm?bannerid=48 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:177145 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
