Vesting Schedule is the mechanism that measures the amount of vested equity that a co-founder or startup employee has at any given time. Usually the vesting schedule is time-based (e.g. 4 years with a one-year cliff), but a vesting schedule can be based on milestones.
ACCELERATE YOUR STARTUP LAW KNOWLEDGE!
Startup Law doesn’t have to be a confusing maze. The practical knowledge in "Acceleration: What All Entrepreneurs Must Know About Startup Law" will help you make the smart decisions to protect your startup and its future. Available in ebook and hardcover.
Buy the Book on Amazon