My two cents…
1) They buyout the shares. If they don’t want to do that then…
2) Sell the company.
If either of these can’t happen the company is dead and everyone parts ways. It’s as simple as that. No free rides here.
My two cents…
1) They buyout the shares. If they don’t want to do that then…
2) Sell the company.
If either of these can’t happen the company is dead and everyone parts ways. It’s as simple as that. No free rides here.
What? No. A departing founder doesn't necessitate either a buyout or an immediate sale. This happens all the time.
Sorry, you’re right. There should be a third option
3) You keep the shares and hope for the best outcome. (If they don’t want you to then go back to 1 or 2)z
No, you don't.
You don’t keep the shares?
You don't have recourse to force a sale, buyout, or wind-down of the company.