|
Originally Posted by dreamer
(Post 2751536)
anyone think that just because he doesnt work there doesnt mean he doesnt have a equity stake still?
just thinking out loud He would have to bought out unless he signed a VERY goofy contract with Skip. |
Originally Posted by pm203
(Post 2751622)
Going to the factory is like going to the Holy land.
|
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 dreamer
(Post 2751768)
going thru this sh!t now.... i wish i had skips lawyer write up my partnership agreement:angry-smiley-038:
You and Cashbar breakup AGAIN ???:evilb::evilb: |
Originally Posted by otis311
(Post 2752054)
You and Cashbar breakup AGAIN ???:evilb::evilb:
|
I would not worry about the value of your Cigarette's as they will hold their value no matter what happen's to the company. Look at Apache/Apache's, the company was run by drug runner's and was non existant for some time. It does suck that Neil is gone. Now, Cigarette has changed owner's tons of times and needed major updates, Skip dumped tons into the company and made the needed updates. I think Skip can do a better job by getting the website up and offer some excellent customer service. Customer service goes along way and thats why most cig owners will go to Lip Ship.
JT |
Obviously I don't know anything about Cigarette like everyone else here, however this may explain why I can't get a return phone call for some parts that I need. I love my boat, but am very dissapointed by the lack of customer service.
|
Originally Posted by Ona-Mission
(Post 2755487)
Obviously I don't know anything about Cigarette like everyone else here, however this may explain why I can't get a return phone call for some parts that I need. I love my boat, but am very dissapointed by the lack of customer service.
|
Chatter Chatter Chatter
Partners always get fired or just leave to be bought out = its the "exit part" of your investment. Sure you can fire someone, but you have to buy them out, they still OWN their stake. Its very complex when that happens, most companies have two starting partners - SALES GUY/TALENT GUY - or MONE GUY/TALENT GUY - we all know who the TALENT GUY is
|
Originally Posted by freshwaterfiend
(Post 2751975)
Up here, if the non-compete prevents you from making a livelihood it will not hold up in a court of law. Now, the equity ownership part may be more problematic.
|
| All times are GMT -5. The time now is 02:06 PM. |
Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.