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		<title>Work with friends, what should they sign?</title>
		<link>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm</link>
		<description>Work with friends, what should they sign?</description>
		<lastBuildDate>Thu, 1 Nov 2007 7:08:01 GMT</lastBuildDate>
		
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				<title><![CDATA[The biggest mistake you can make]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm</link>
				<description><![CDATA[The biggest mistake you can make is not having things written down.&nbsp; When things go well (or bad), people conveniently forget the verbal agreements. &nbsp;I would even review the agreement periodically to make sure everyone is on the same page.]]></description>
				<pubDate>Thu, 1 Nov 2007 7:08:01 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm#711609</guid>
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				<title><![CDATA[Just a legal chime in.
They are]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm</link>
				<description><![CDATA[Just a legal chime in.
They are friends, but it is important to have agreements laid out.
NDA`s are great, as are partnership agreements.&#160; The reality is they nor you will take it seriously until there is a paper document.&#1]]></description>
				<pubDate>Thu, 1 Nov 2007 7:08:01 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm#711608</guid>
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				<title><![CDATA[



I am working on a start-]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm</link>
				<description><![CDATA[



I am working on a start-up and currently have 4 friends helping me. They are not official employees, simply working on the same project. I am planning to share equity with them soon though. We are developing a product and]]></description>
				<pubDate>Thu, 1 Nov 2007 7:08:01 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm#711607</guid>
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				<title><![CDATA[Just to give you an example. Let]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm</link>
				<description><![CDATA[Just to give you an example. Let`s say that you decide to work out a temporary agreement in lieu of something more permanent, with governing documents, stock certificates, etc. Even a temporary agreement has tricky elements. You probably need a clause that[...]]]></description>
				<pubDate>Thu, 1 Nov 2007 7:08:01 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm#711606</guid>
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				<title><![CDATA[Well there are ways to allow the]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm</link>
				<description><![CDATA[Well there are ways to allow them to be partners even if you`re already operating as an LLC. I.E. Stock grants. It really depends on what you want. You should hike on down to the library and get a few books. Then you should talk to a lawyer. This is not]]></description>
				<pubDate>Thu, 1 Nov 2007 7:08:01 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm#711605</guid>
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				<title><![CDATA[Here is one I found: http://www.]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm</link>
				<description><![CDATA[Here is one I found: http://www.ilrg.com/forms/partnership-agreement.html
It says that profit and losses are share equally among partners. I c]]></description>
				<pubDate>Thu, 1 Nov 2007 7:08:01 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm#711604</guid>
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				<title><![CDATA[I concur, a partnership agreemen]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm</link>
				<description><![CDATA[I concur, a partnership agreement.
I have a startup with two friends and we have signed an agreement spelling out the division of equity and other matters.&#160; We wrote it ourselves since we haven`t officially filed for an LLC yet.&#160; But]]></description>
				<pubDate>Thu, 1 Nov 2007 7:08:01 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm#711603</guid>
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				<title><![CDATA[You should have a partnership ag]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm</link>
				<description><![CDATA[You should have a partnership agreement. ]]></description>
				<pubDate>Thu, 1 Nov 2007 7:08:01 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm#711602</guid>
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				<title><![CDATA[I am working on a start-up and c]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm</link>
				<description><![CDATA[I am working on a start-up and currently have 4 friends helping me. They are not official employees, simply working on the same project. I am planning to share equity with them soon though. We are developing a product and I did not have them sign anythi]]></description>
				<pubDate>Thu, 1 Nov 2007 7:08:01 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Work-with-friends-what-should-they-sign.htm#711601</guid>
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