Our client, a co-founder of a mental health tech platform, was in a dispute with the other co-founder in relation to the way the shares would vest. Their understanding of the vesting schedule was very different probably due to the lack of professionally drafted legal documentation early on.
Our client had developed the code for the platform, which was essentially the product. However, the other co-founder had the contacts. Their disagreement centred around the point of time that my client’s shares would start vesting – was it as soon as the code was delivered or when he quit his other job and joined the start-up as CTO?