I worked (scheduled)for 5 months in a startup company, with the promise of future compensation and ownership.

Asked about 1 year ago - Maitland, FL

After one year I was given a small percent of the company (incorporated) but have never received the compensation for the 5 months working .

Attorney answers (5)

  1. Tamara Mychelle Clay

    Contributor Level 7

    5

    Lawyers agree

    Answered . You may want to speak with an attorney who can advise you based on the facts of your particular situation. Was there a written agreement in place? Did you work as an employee or an independent contractor? Did you work hourly or on a particular project? Was partial ownership of the company the only agreed upon compensation for the 5 months? What is the understanding regarding future compensation? Good luck to you.

    Answers to questions are for general purposes only and do not establish an attorney-client relationship. The... more
  2. Michael Charles Doland

    Contributor Level 20

    4

    Lawyers agree

    Answered . Your facts are too ambiguous to be analyzed. Written or oral promises. "Given a percent" - Written or oral? Demands, oral or written to company (which is or is not still in existance)?

    The above is general legal and business analysis. It is not "legal advice" but analysis, and different lawyers may... more
  3. Joseph Franklin Pippen Jr.

    Pro

    Contributor Level 20

    2

    Lawyers agree

    Answered . "Future" compensation is very vague.
    Let this be a lesson to always get everything in writing.

    The answer given does not imply that an attorney-client relationship has been established and your best course of... more
  4. Phillip Monroe Smith

    Contributor Level 18

    3

    Lawyers agree

    Answered . Please state a question that you would like answered.

    THESE COMMENTS ARE NOT LEGAL ADVICE. They are provided for informational purposes only. Actual legal advice can... more
  5. John P Corrigan

    Contributor Level 19

    3

    Lawyers agree

    Answered . Your statement speaks to "future" compensation so what are your expectations as to the first 5 months of work performed? You give no facts about what your deal was as to current compensation for ongoing services vs. Deferred compensation ? Please repost with some decent facts and the question you want answered as the current post will not garner you much value...because no one knows what you are really asking. Help us help you!

    My answer is not intended to be giving legal advice and this topic can be a complex area where the advice of a... more

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