Must privately held companies comply with Rule 409A when issuing Incentive Stock Options? How about for non-qualified options?

As far as I know, the short answer is yes to both (assuming typical stock options). There are potentially ways to give equity incentives without...

The first answer is very good at summarizing the law. If your employer has any sort of a decent form, in all likelihood it tracks the CA statutory...

I think you can sell him some stock and do an explicit agreement between the company and the third person that he can be called a 'co-founder.' ...

Can a current Board member who also owns and sits on the Board for her own company be sued or removed for competing?

I would differ slightly with the other answers. I would suggest that both state law and the particular corporate documents will govern. First is...

Issuing the stock at $0.01 per share is claiming that the company's current fair market value is $150. The current board of directors has a...

For a software startup in California, is it worthwhile to incorporate in Nevada? If we mess up, won't Nevada protect us better?

While I agree with the first poster that piercing the corporate veil is relatively difficult in California, and also agree that you will have...

As mentioned in the last response, a corporation (including an S-Corporation) is typically owned by shareholders, which are issued shares. It is...