My husband, whose moved away from New York City to Miami, unexpectedly is actually being very nice to me again. I was suspicious as to why and a week ago I was asked to signed papers because he was starting a new company. can anyone help me to understand what this all means.
Vesting Commencement Date:_______, 2009
I, -----------, spouse of --------------------,have read and hereby approve the foregoing Agreement.In considerationof the Company's granting my spouse the right to purchase the Shares asset forth in the Agreement, I hereby agree to be irrevocably bound bythe Agreement and further agree that any community property or similarinterest that I may have in the Shares shall be similarly bound by theAgreement. I hereby appoint my spouse as my attorney-in-fact withrespect to any amendment or exercise of any rights under the agreement.
Spouse
of_________________________
Question--
If I sign this paper am I giving up all my rights to the company ? or is this paper just allowing my husband to make decisions in the percentage of stocks I am to have. and if we divorce, can I still get a portion of the company?
Any help will be much appreciated.... thanking all of you.
Vesting Commencement Date:_______, 2009
I, -----------, spouse of --------------------,have read and hereby approve the foregoing Agreement.In considerationof the Company's granting my spouse the right to purchase the Shares asset forth in the Agreement, I hereby agree to be irrevocably bound bythe Agreement and further agree that any community property or similarinterest that I may have in the Shares shall be similarly bound by theAgreement. I hereby appoint my spouse as my attorney-in-fact withrespect to any amendment or exercise of any rights under the agreement.
Spouse
of_________________________
Question--
If I sign this paper am I giving up all my rights to the company ? or is this paper just allowing my husband to make decisions in the percentage of stocks I am to have. and if we divorce, can I still get a portion of the company?
Any help will be much appreciated.... thanking all of you.