|
Equity Compensation 101
By Gary T. Moyer, April 11, 2000
Recapitalization (Value Freeze)
- Assumed Facts: Company is owned by Mr. Smith, and it has a value of $10 million today. Mr. Smith wants to give 10% of the growth of the Company to Star on a tax-favored basis. Mr. Smith prefers (though not a crucial fact to a recapitalization/value freeze) that Star not be entitled to vote as a shareholder.
|
