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  • partner in ICU

    updated 1 week, 6 days ago 0 Member · 1 Post
  • Charles

    Member
    October 31, 2019 at 3:35 pm

    So my partner is in the ICU, had a pretty bad heart attack. We’re not expecting him to be able to get back to work for several months. He might not even make it. We have an agreement in place that addresses situations like this. Lay terms it basically says if one of us dies or is unable to perform duties for an extended period of time the other has the sole right to buy the other half out. The contract just says extended period of time. My guess if he lives he either will be incapable of his half of the business or it will take 6 months to get him back up to speed. At what point should I start the process of taking over the rest of it? We’re roughly two weeks in but its not looking good. Thanks in advanced guys! – by hq overview throwaway12828329 – –

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