DEVLIN COMEDY

Project Description:

TBD
Call scheduled 5/9 3:30 pm EST

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Capital contribution of each founder:

The founders agree to split all costs equally with AR/Cash as required for the development and maintenance of the platform and protection of company resources from the time of this agreement.  No founder is required to make an initial capital contribution.

 

Percentage of shares to be held by each founder: 

The founders agree to an equal split of any shares, units, or other methods of ownership assignment.

 

Remuneration of Founders:

The founders agree to no remuneration until after a series A round of funding, acquisition, or until this agreement is replaced via incorporation.



 

Role of each founder: 

Ideatrek will be responsible for all institutional backend, operational, and reporting responsibilities

Matt Devlin // 17 Northstar Street #100 Marina del Rey, CA 90292 //

Travis Storch // 1938 Oakwood View Dr, Verona, WI 53593, USA //

Whether the founders are restricted from competing with the business of the company after they exit: 

The founders may work on other businesses during the life of the company until otherwise required by future agreements.  However, the founders are not allowed to share company secrets, technology, or intellectual property with other ventures unless permitted by the other founders in writing.

 

How the company’s confidential information and intellectual property will be protected:

No founder shall share, sell or otherwise disseminate any information regarding company  business with any outside party for the life of the company until a future agreement is reached.

Revenues

Progress Reports

Mon Sep 12 2022 // Will Pivot to Hoove Comedy Club // // $

Mon May 09 2022 // Jeremy Colon is now EPE. // undefined // $undefined

Approved!
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