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		<title>Can equity agreements be negotiated before an entity exists?</title>
		<link>http://www.startupnation.com/community/orca/topic/Can-equity-agreements-be-negotiated-before-an-entity-exists.htm</link>
		<description>Can equity agreements be negotiated before an entity exists?</description>
		<lastBuildDate>Mon, 10 Dec 2007 0:00:39 GMT</lastBuildDate>
		
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				<title><![CDATA[You should write up a Letter of ]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Can-equity-agreements-be-negotiated-before-an-entity-exists.htm</link>
				<description><![CDATA[You should write up a Letter of Intent agreement,outline the terms, and sign and notarize. That way, the "agreement" isn`t just verbal, but it`s somewhat legally binding. If there are any issues where one party tries to change or manuver away from the orig[...]]]></description>
				<pubDate>Mon, 10 Dec 2007 0:00:39 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Can-equity-agreements-be-negotiated-before-an-entity-exists.htm#715090</guid>
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				<title><![CDATA[We didn`t get very detailed in o]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Can-equity-agreements-be-negotiated-before-an-entity-exists.htm</link>
				<description><![CDATA[We didn`t get very detailed in our agreement, rather we simply said X% equity goes to this person, X% to the other.&#160; We didn`t worry too much about language or legal phrasing because we were basically agreeing on terms that would get rewritten when I [...]]]></description>
				<pubDate>Mon, 10 Dec 2007 0:00:39 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Can-equity-agreements-be-negotiated-before-an-entity-exists.htm#715089</guid>
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				<title><![CDATA[
  Thanks a lot for your respon]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Can-equity-agreements-be-negotiated-before-an-entity-exists.htm</link>
				<description><![CDATA[
  Thanks a lot for your responses.
  &#160;
  I phrased this question very poorly.&#160; When I said I hoped there was "another way of doing this", I meant a way besides incorporating first.&#160; Both of your responses were ]]></description>
				<pubDate>Mon, 10 Dec 2007 0:00:39 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Can-equity-agreements-be-negotiated-before-an-entity-exists.htm#715088</guid>
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				<title><![CDATA[Robert got it right by putting "]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Can-equity-agreements-be-negotiated-before-an-entity-exists.htm</link>
				<description><![CDATA[Robert got it right by putting "agree" in quotes.&#160; I was in the same exact situation as you, partnered with a web developer on my business.&#160; We agreed on the percentage of equity terms before officially filing.&#160; And we put it in writing too![...]]]></description>
				<pubDate>Mon, 10 Dec 2007 0:00:39 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Can-equity-agreements-be-negotiated-before-an-entity-exists.htm#715087</guid>
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				<title><![CDATA[Generally speaking, if you are g]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Can-equity-agreements-be-negotiated-before-an-entity-exists.htm</link>
				<description><![CDATA[Generally speaking, if you are going to be partners in the company- you can "agree" before you execute. This is not uncommon for founders.
As to creating legally binding agreements - agreements&nbsp;between 2 individuals is possible, but&nbsp;th]]></description>
				<pubDate>Mon, 10 Dec 2007 0:00:39 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Can-equity-agreements-be-negotiated-before-an-entity-exists.htm#715086</guid>
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				<title><![CDATA[
  So I`m trying to negotiate a]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Can-equity-agreements-be-negotiated-before-an-entity-exists.htm</link>
				<description><![CDATA[
  So I`m trying to negotiate an agreement with a developer who is willing to partner with me on my project and get a prototype out.&#160; However, neither of us is sure whether we can really discuss terms when the corprate entity issuing stock isn`t]]></description>
				<pubDate>Mon, 10 Dec 2007 0:00:39 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Can-equity-agreements-be-negotiated-before-an-entity-exists.htm#715085</guid>
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