I am working win an S-Corp that has two owners of equal shares 100 each.
There is a verbal agreement that one owner has 20% claim to equity before the shares distribution at 50/50.
Is it plausible to issue 40 non-voting shares to account for the extra 20% claim to RTE/Equity and still maintain equal stake in the company?
Any help here would be greatly appreciated.
There is a verbal agreement that one owner has 20% claim to equity before the shares distribution at 50/50.
Is it plausible to issue 40 non-voting shares to account for the extra 20% claim to RTE/Equity and still maintain equal stake in the company?
Any help here would be greatly appreciated.