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CDL Jobs

Project Description:

Trucking placement service catering to trucking companies and enabling other trucking recruiters to source candidates.

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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

Jeff Miller // 6844 Schneider Rd Unit B // Jeff is responsible for sourcing new business contacts and offering insight to the development team with industry experience

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

Wed May 18 2022 // Tewodrose Woldemariam is now EPE. // undefined // $undefined

Wed May 18 2022 // Jeff is AWOL right now. Project on hold until C Corp is finalized by him. // // $0

Mon May 09 2022 // Still no word on status of C corp documents from Jeff. // // $0

Sun May 01 2022 // // // $0

Sun May 01 2022 // Jeff and Roger spoke about how best to handle Jeff's hesitation. It is resolved and Jeff is now creating a C Corp to handle the finances. // // $0

Fri Apr 22 2022 // Jeff contacted me with some hesitation about doing this project with Hoove. The last request was for him to add some test job listings and I do not believe that has been done. Going to schedule another call with him early next week and try and bring him back in. // // $0

Sat Apr 16 2022 // Matthew Anderson is now EPE. // undefined // $undefined

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