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UT state partnership law, winding down, partnership buyout
I am part owner of a startup Corporation. I own 10% of the company. The agreement was that we would keep track of our time and money spent for the company and it would go towards our ownership. In my case I need to provide $50K of time and/or money to be fully vested for my 10%. I have spent about $5K of my time and money and am asking to be bought out. The others only want to pay me $1K now instead of the full 5K I have put in.
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