How to avoid problems when firing any employee or executive

Article Abstract:

Termination of employment should be conducted with utmost care. When firing an employee, it is advisable to request for a written resignation letter if the termination is mutual, to study the benefit plans of the company and ensure that the employee collects accumulated money, and ensure that the employee returns all company belongings before he leaves. When firing an executive, employment contracts should be studied to avoid problems, examine the bylaws and stockholder agreements of the company for any obligations, terminate the signatory power of the executive over bank accounts and avoid libelous or slanderous words against the executive.

Employee dismissals, Employment terminations, Employment at will, Executive dismissals

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Protect yourself when you give, sell, or transfer stock

Article Abstract:

Distributing stock or stock options, as management incentives, as gifts, or as part of a stock sale, can create a number of minority stockholders. Minority stockholders can be quite troublesome to a business if precautions are not taken in drafting an investment or shareholders' agreement. Suggstions are included on how to protect against unduly intrusive interference by minority stockholders, including placing restrictions on the character of the securities, including a right of first refusal clause to stock sale or transfer, and other measures. Article includes a model stock legend.

Stock transfer

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