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Spicy,
I remember reading that same article in PB and believe it said that Neil leveraged all his assets to be an equity partner in Cigarette. I imagine his stake was minor as compared to Skip Braver. Regardless, it's a shame that he is no longer at the company he helped build into the #1 recognizable performance boat company in the world! Good Luck Neil! |
Its a private company ran by the guy that paid for it.
What he does is none of our business. If it affects your choice of what you will buy it is your choice. But criticizing what someone else does with his possessions is a slippery slope. I have enough managing my sh!t, I sure won't jam my nose in other people's business. |
Originally Posted by GLH
(Post 2751256)
Its a private company ran by the guy that paid for it.
What he does is none of our business. If it affects your choice of what you will buy it is your choice. But criticizing what someone else does with his possessions is a slippery slope. I have enough managing my sh!t, I sure won't jam my nose in other people's business. |
dont forget that Tim is still there and is very knowledgable and helps customers out alot, cigarette is going nowhere, they will stay strong
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anyone think that just because he doesnt work there doesnt mean he doesnt have a equity stake still?
just thinking out loud |
I would also expect that there is some form of a "no compete" in place that would prohibit Neil from joining another boat mfg. for some time. Customary is 2 years, typically not enforceable beyond 5 years.
It is also customary in such agreements to require some form of "cause" in order to be terminated. Regardless, this is really none of our business as to who did what or why. Of course I wish Neil the best in his future endeavors. |
I think anything that happens at Cigarette is our business. Owning a Cig is addictive and very involving. Going to the factory is like going to the Holy land. And, I wish both Skip and Neil the best and hope they both do well in their new endeavors.
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Originally Posted by omerta one
(Post 2751549)
I would also expect that there is some form of a "no compete" in place that would prohibit Neil from joining another boat mfg. for some time. Customary is 2 years, typically not enforceable beyond 5 years.
It is also customary in such agreements to require some form of "cause" in order to be terminated. Regardless, this is really none of our business as to who did what or why. Of course I wish Neil the best in his future endeavors. |
Originally Posted by pm203
(Post 2751622)
I think anything that happens at Cigarette is our business. Owning a Cig is addictive and very involving. Going to the factory is like going to the Holy land. And, I wish both Skip and Neil the best and hope they both do well in their new endeavors.
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Originally Posted by Quicksilver
(Post 2751699)
Agree, as I've had similar agreements in my business. You can't just fire a partner so something must have happened between the two, believe me I know, lol. Wish Neil the best.
going thru this sh!t now.... i wish i had skips lawyer write up my partnership agreement:angry-smiley-038: |
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