Podcasts about Vesting

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Best podcasts about Vesting

Latest podcast episodes about Vesting

Chain Reaction
TAOFU's Mikel & Mitch: Enabling Capital Formation for Subnets on Bittensors $10B+ Network

Chain Reaction

Play Episode Listen Later May 27, 2025 42:43


Join Tommy Shaughnessy as he hosts Mitch and Mikel, co-founders of Taofu and TPN, to discuss Taofu, a launchpad for Bittensor subnets. Learn about how they're democratizing subnet funding and their first subnet launch.Taofu: https://www.Taofu.xyz/Taofu Funding Form: https://form.typeform.com/to/KmvNfUg5

The Data Minute
Backing Founders From Day Zero | Ed Sim (Founding Partner, Boldstart Ventures)

The Data Minute

Play Episode Listen Later May 22, 2025 51:40


What does it mean to be a “day one partner” for founders—and how does that change in an era of AI-driven acceleration?On this episode of The Data Minute, Peter sits down with Ed Sim, founding partner of Boldstart Ventures and the voice behind “What's Hot

PROPERTY LEGENDS with novak properties
EP. 1421 CANT BUY PERFECT , BUY SMART RENT VESTING - RENT or OWN WHERE YOU LIVE?

PROPERTY LEGENDS with novak properties

Play Episode Listen Later May 16, 2025 13:13 Transcription Available


Stop waiting for the perfect property and start building wealth now through rentvesting - the strategy that's changing how Australians enter the property market. Rentvesting turns traditional property ownership on its head. While your parents might have laughed at the idea of paying someone else's mortgage instead of your own, today's financial landscape makes this approach surprisingly powerful. By purchasing an investment property (anything to get into the market) while renting where you actually want to live, you can start building equity years before you might afford your dream home.We break down exactly why this makes mathematical sense: a $500,000 studio apartment growing at 10% annually generates $50,000 in equity compared to saving just $5,000 extra per year while waiting. The numbers become even more compelling with today's interest rates - a $3 million home in Freshwater could cost $6,000 weekly in mortgage payments but rent for just $2,000! As tenants, you also avoid maintenance headaches, council rates, strata fees and repair costs.For first home buyers, we dispel myths about grant requirements and explain the multiple financial assistance programs available, including using your super for deposits and avoiding Lenders Mortgage Insurance with smaller deposits. Stop letting perfect be the enemy of progress - the property market waits for no one, and the sooner you're in, the faster you'll build wealth. Ready to explore if rentvesting could work for you? Calculate what you can buy today, compare potential rental income to mortgage costs, and witness how this strategy could accelerate your property journey.

52 Pearls: Weekly Money Wisdom
Episode 269: RSU's Demystified: How Smart Women Manage Equity Compensation

52 Pearls: Weekly Money Wisdom

Play Episode Listen Later Apr 29, 2025 22:49 Transcription Available


Results Junkies
ESOP Vesting And The Model Context Protocol Goes Mainstream

Results Junkies

Play Episode Listen Later Apr 19, 2025 30:14


Watch us on YouTube!Paul and Ed discuss the standards for employee stock options pools and how a portfolio company can deal with a unique situation. More large AI models are adopting a common protocol for how to transfer data. Lastly, Paul brings up some important points from the CEO of Shopify. We'd love it if you'd leave us a rating.  It takes less than a minute and really helps us out.  Just click here!If you've got a comment or question for the show, you can e-mail us at show@resultsjunkies.com.  You can find Paul and Ed  online @paulsingh and @pizzainmotion.

Founder Thesis
ESOPs Aren't Monopoly Money, Here's Why | Satish Mugulavalli (Hissa)

Founder Thesis

Play Episode Listen Later Mar 28, 2025 98:16


"ESOPs aren't lottery tickets; they're a calculated risk with a potential for real wealth creation." This seemingly simple statement from Satish Mugulavalli, Founder and Managing Partner of Hissa, encapsulates the core message of this episode: shifting the perception of ESOPs from "paper money" to a strategic tool for both companies and employees. We unpack the often-confusing world of ESOPs, going beyond the jargon to reveal the real-world mechanics and benefits. Satish Mugulavalli is the Founder and Managing Partner of Hissa, a platform revolutionizing private market transactions in India. Hissa facilitates ESOP liquidity for employees and provides access to growth-stage private companies for investors. Satish is building a 150Cr fund with a 150 Cr greenshoe option. They have already closed 30 crores in their first round. The platform has generated over 5Cr in revenue till date. Key Insights from the Conversation: ✅Discounts are Normal: Understand why ESOP transactions often happen at a discount to the last valuation, and why it's not necessarily a red flag. ✅Tax Implications: Learn the crucial difference between perquisite tax and long-term capital gains, and how it impacts your decision to exercise. ✅The Founder's Perspective: Discover why companies offer ESOPs in the first place, and how they view them as a strategic tool. ✅The Employee's Perspective: Get practical advice on evaluating an ESOP offer and understanding your potential upside. ✅Building the Future: Hear Satish's ambitious vision for creating a transparent and efficient private market exchange in India. ✅The right questions to ask as an employee. Chapters: 0:00:00 - Introduction: Demystifying ESOPs and the Rise of Hissa 0:03:15 - Satish's Journey: From Startup Ecosystem to Private Markets 0:05:36 - Hissa's Dual Approach: SaaS Platform and Investment Fund 0:11:05 - Target Market: Identifying the Right Companies for ESOP Liquidity 0:20:30 - The Hissa Fund: Investment Strategy and Fundraising 0:39:23 - Understanding Valuation Discounts in Secondary ESOP Transactions 0:58:11 - ESOP 101: Grant, Vesting, Exercise, and Tax Implications 1:02:37 - The "Why Exercise?" Question: Balancing Risk and Reward 1:07:38 - Employee friendly ESOPs 1:11:51 - Building the "NSE/BSE of Private Markets": Hissa's Long-Term Vision 1:18:00 - Hissa's Go-To-Market Strategy: Reaching Founders and Companies 1:25:00- Future of ESOPs#ESOPs #StartupIndia #PrivateMarkets #Hissa #SatishMugulavalli #FounderThesis #Equity #Compensation #Vesting #StockOptions #Startups #Investing #Finance #India #Liquidity #TaxPlanning

The Property Academy Podcast
I tried Rent-vesting to get a cheaper house⎥Ep. 1995

The Property Academy Podcast

Play Episode Listen Later Feb 26, 2025 15:24


In this episode, we discuss the rent-vesting strategy (also called Rentvesting). This is where you live in a rental property while you buy investment properties yourself. Andrew and Ed share why they rent-vested and how this strategy works in 2025. For more from Opes Partners: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sign up for the weekly Private Property newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠

Joe Benigno and Evan Roberts
2-14-25 Hour 2: Stroman's Vesting Option

Joe Benigno and Evan Roberts

Play Episode Listen Later Feb 14, 2025 52:21


Money has a lot to do with why Marcus Stroman is unhappy

Fr. Brent Maher
Vesting and Dressing for Mass - Sermon for February 9 (TLM)

Fr. Brent Maher

Play Episode Listen Later Feb 9, 2025 22:38


Sermon for Sunday, February 9, 2025 - 5th Sunday after Epiphany (Traditional Latin Mass).

Property ExpLained
Rent-vesting – What are the pros and cons?⎥Ep. 112

Property ExpLained

Play Episode Listen Later Feb 6, 2025 5:10


In this episode, you'll learn whether or not rent-vesting is the right choice for you. It may be the best of both worlds – on the property ladder while enjoying the flexibility of renting – but it's not for everyone.  To read the article on the Opes Partners website click ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

Law School
Contract Law Lecture Three (of 3) – Third-Party Rights

Law School

Play Episode Listen Later Feb 1, 2025 14:57


Lecture 3 I. Third-Party Rights A. Third-Party Beneficiaries Intended vs. Incidental Beneficiaries Intended: Has rights to enforce the contract. (Example: life insurance policy beneficiaries) Incidental: No legal rights to enforce. Vesting of Rights Occurs when a beneficiary detrimentally relies, assents, or brings suit. Before vesting, parties can modify or revoke the beneficiary's rights. B. Assignment and Delegation Assignment of Rights Transfer of rights to a third party. Generally valid unless it materially changes the obligor's duty or contract language forbids it. Must be clear and present intent; no formalities usually required unless statute says otherwise. Delegation of Duties Permitted unless the duty is personal in nature (requires special skill) or the contract prohibits delegation. Original party typically remains liable if delegatee fails to perform. II. Distinctions: UCC vs. Common Law Scope of the UCC Governs the sale of goods, including implied warranties like merchantability or fitness for a particular purpose. Formation Differences Firm Offer Rule: Under the UCC, a merchant's signed, written offer to buy or sell goods remains open for the stated time (or up to three months if none stated). Battle of the Forms: UCC 2-207 modifies the common law mirror image rule. Remedies for Sellers and Buyers Sellers may recover damages (e.g., resale damages, lost volume profits) or enforce specific performance in limited cases (unique goods). Buyers may reject non-conforming goods, cover (purchase substitute goods) and sue for the difference, or seek specific performance (unique or shortage goods). III. Exam Tips, Strategy, and Conclusion A. Analytical Roadmap Identify Governing Law: Is it goods (UCC) or services (common law)? Check for Formation: Offer, acceptance, consideration. Look for Defenses: SoF, capacity, illegality, fraud, duress, etc. Evaluate Performance and Breach: Material breach vs. minor breach, anticipatory repudiation. Select Remedies: Expectation, reliance, restitution, specific performance. B. Use IRAC (Issue, Rule, Application, Conclusion) Issue: Identify the problem (e.g., “Does a valid contract exist?” “Has a breach occurred?”). Rule: State the applicable legal doctrines. Application: Apply those rules to the facts methodically. Conclusion: Provide a clear resolution. C. Final Thoughts Contract law is often tested heavily on exams and the bar due to its prevalence in legal practice. Mastering contract formation, performance, breach, and remedies, along with third-party rights and the distinctions under the UCC, will set you up for success. Remain systematic in your approach—follow the sequence from formation to remedies, note specific rules for the sale of goods, and carefully apply the facts to the rules. This methodical approach is the best defense against tricky exam questions.

TPA Tidbits: A Sentinel Pension Podcast

Welcome back to the Sentinel Pension Show! Melissa and Kasey are starting off this brand new season continuing our discussion of the plan adoption agreement. This next section is all about vesting, or when you become entitled to employer contributions given to a retirement plan. We go over vesting schedules, forfeiture accounts, the rule of parity, and much more!  Have any questions about this episode's topic? Let us know! Visit our website for more information: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sentinel Pension (sp-tpa.com)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Call us at 225-300-8478 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on Facebook ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Music by Adam Vitovsky

vesting adam vitovsky
The Sugar Daddy Podcast
73: How to Maximize Your 401K Benefits

The Sugar Daddy Podcast

Play Episode Listen Later Jan 15, 2025 30:01 Transcription Available


This episode dives deep into understanding your 401K and retirement options through employers, emphasizing the importance of maximizing contributions, especially around employer matches. Key topics include auto-enrollment processes, investment options, Roth vs. pre-tax contributions, and what to do when changing jobs or needing to access funds.• Importance of understanding employer matches • Differences in auto enrollment versus manual enrollment • Contribution percentages and how to adjust them • Vesting periods and their impact on your retirement savings • How to choose investments within your 401k • Exploration of pre-tax and Roth contributions • Loan and hardship withdrawal options • Considerations when leaving an employer and rolling over your 401k • Guiding principles on retirement planning and strategyBe sure to connect with us on socials @thesugardaddypodcast we are most active on InstagramLearn more about Brandon and schedule a free 30-minute introductory call with himWatch this episode on YouTubeLeave us a question via voicemail to be answered during future episodesYou can email us at: thesugardaddypodcast@gmail.com 

International Bankruptcy, Restructuring, True Crime and Appeals - Court Audio Recording Podcast
Intrum chapter 11 bankruptcy ruling, read by the bankruptcy judge on the record 12-31-2024, appealed by creditors via notice of appeal filed 1-13-2025

International Bankruptcy, Restructuring, True Crime and Appeals - Court Audio Recording Podcast

Play Episode Listen Later Jan 14, 2025 55:40


1UNITED STATES BANKRUPTCY COURTSOUTHERN DISTRICT OF TEXASHOUSTON DIVISIONIn re:INTRUM AB, et al.,1Debtors.Chapter 11Case No. 24-90575 (CML)(Jointly Administered)NOTICE OF APPEALPursuant to 28 U.S.C. § 158(a) and Federal Rules of Bankruptcy Procedure 8002 and 8003,notice is hereby given that the Ad Hoc Committee of holders of 2025 notes issued by Intrum AB(the “AHC”) hereby appeals to the United States District Court for the Southern District of Texasfrom (i) the Order Denying Motion of the Ad Hoc Committee of Holders of Intrum AB Notes Due2025 to Dismiss Chapter 11 Cases Pursuant to 11 U.S.C. § 1112(b) and Federal Rule ofBankruptcy Procedure 1017(f)(1) (ECF No. 262) (the “Motion to Dismiss Order”) and (ii) theOrder (I) Approving Disclosure Statement and (II) Confirming Joint Prepackaged Chapter 11Plan of Intrum AB and Its Affiliated Debtor (Further Technical Modifications) (ECF No. 263) (the“Confirmation Order”). A copy of the Motion to Dismiss Order is attached as Exhibit A and acopy of the Confirmation Order is attached as Exhibit B. Additionally, the transcript of theBankruptcy Court's oral ruling accompanying the Motion to Dismiss Order and ConfirmationOrder (ECF No. 275) is attached as Exhibit C.Below are the names of all parties to this appeal and their respective counsel:1 The Debtors in these Chapter 11 Cases are Intrum AB and Intrum AB of Texas LLC. The Debtors'service address in these Chapter 11 Cases is 801 Travis Street, Ste 2101, #1312, Houston, TX 77002.Case 24-90575 Document 296 Filed in TXSB on 01/13/25 Page 1 of 62I. APPELLANTA. Name of Appellant:The members of the AHC include:Boundary Creek Master Fund LP; CF INT Holdings Designated Activity Company; CaiusCapital Master Fund; Diameter Master Fund LP; Diameter Dislocation Master Fund II LP; FirTree Credit Opportunity Master Fund, LP; MAP 204 Segregated Portfolio, a segregated portfolioof LMA SPC; Star V Partners LLC; and TQ Master Fund LP.Attorneys for the AHC:QUINN EMANUEL URQUHART & SULLIVAN, LLPChristopher D. Porter (SBN 24070437)Joanna D. Caytas (SBN 24127230)Melanie A. Guzman (SBN 24117175)Cameron M. Kelly (SBN 24120936)700 Louisiana Street, Suite 3900Houston, TX 77002Telephone: (713) 221-7000Facsimile: (713) 221-7100Email: chrisporter@quinnemanuel.comjoannacaytas@quinnemanuel.commelanieguzman@quinnemanuel.comcameronkelly@quinnemanuel.com-and-Benjamin I. Finestone (admitted pro hac vice)Sascha N. Rand (admitted pro hac vice)Katherine A. Scherling (admitted pro hac vice)295 5th AvenueNew York, New York 10016Telephone: (212) 849-7000Facsimile: (212) 849-7100Email: benjaminfinestone@quinnemanuel.comsascharand@quinnemanuel.comkatescherling@quinnemanuel.comB. Positions of appellant in the adversary proceeding or bankruptcy case that isthe subject of this appeal:CreditorsCase 24-90575 Document 296 Filed in TXSB on 01/13/25 Page 2 of 63II. THE SUBJECT OF THIS APPEALA. Judgment, order, or decree appealed from:The Order Denying Motion of the Ad Hoc Committee of Holders of Intrum AB Notes Due2025 to Dismiss Chapter 11 Cases Pursuant to 11 U.S.C. § 1112(b) and Federal Rule ofBankruptcy Procedure 1017(f)(1) (ECF No. 262); the Order (I) Approving Disclosure Statementand (II) Confirming Joint Prepackaged Chapter 11 Plan of Intrum AB and Its Affiliated Debtor(Further Technical Modifications) (ECF No. 263); and the December 31, 2024 Transcript of OralRuling Before the Honorable Christopher M. Lopez United States Bankruptcy Court Judge (ECFNo. 275).B. The date on which the judgment, order, or decree was entered:The Motion to Dismiss Order and the Confirmation Order were entered on December 31,2024. The Court issued its oral ruling accompanying the Motion to Dismiss Order and theConfirmation Order on December 31, 2024.III. OTHER PARTIES TO THIS APPEALIntrum AB and Intrum AB of Texas LLCMILBANK LLPDennis F. Dunne (admitted pro hac vice)Jaimie Fedell (admitted pro hac vice)55 Hudson YardsNew York, NY 10001Telephone: (212) 530-5000Facsimile: (212) 530-5219Email: ddunne@milbank.comjfedell@milbank.com–and–Andrew M. Leblanc (admitted pro hac vice)Melanie Westover Yanez (admitted pro hac vice)1850 K Street, NW, Suite 1100Washington, DC 20006Telephone: (202) 835-7500Facsimile: (202) 263-7586Email: aleblanc@milbank.commwyanez@milbank.com–and–PORTER HEDGES LLPJohn F. Higgins (SBN 09597500)Case 24-90575 Document 296 Filed in TXSB on 01/13/25 Page 3 of 64Eric D. Wade (SBN 00794802)M. Shane Johnson (SBN 24083263)1000 Main Street, 36th FloorHouston TX 77002Telephone: (713) 226-6000Facsimile: (713) 226-6248Email: jhiggins@porterhedges.comewade@porterhedges.comsjohnson@porterhedges.comIV. OTHER PARTIES THAT MAY HAVE AN INTEREST IN THIS APPEALThe following chart lists certain parties that are not parties to this appeal, but that may havean interest in the outcome of the case. These parties should be served with notice of this appealby the Debtors who are aware of their identities and best positioned to provide notice.All Other Creditors of the Debtors, Including, But Not Limited To:• Certain funds and accounts managed by BlackRock Investment Management (UK)Limited or its affiliates;• Capital Four;• Davidson Kempner European Partners, LLP;• Intermediate Capital Managers Limited;• Mandatum Asset Management Ltd;• H.I.G. Capital, LLC;• Spiltan Hograntefond; Spiltan Rantefond Sverige; and Spiltan Aktiefond Stabil;• The RCF SteerCo Group;• Swedbank AB (publ).Any Holder of Stock of the Debtors• Any holder of stock of the Debtors, including their successors and assigns.Case 24-90575 Document 296 Filed in TXSB on 01/13/25 Page 4 of 65Respectfully submitted this 13th day of January, 2025.QUINN EMANUEL URQUHART &SULLIVAN, LLP/s/ Christopher D. PorterChristopher D. Porter (SBN 24070437)Joanna D. Caytas (SBN 24127230)Melanie A. Guzman (SBN 24117175)Cameron M. Kelly (SBN 24120936)700 Louisiana Street, Suite 3900Houston, TX 77002Telephone: (713) 221-7000Facsimile: (713) 221-7100Email: chrisporter@quinnemanuel.comjoannacaytas@quinnemanuel.commelanieguzman@quinnemanuel.comcameronkelly@quinnemanuel.com-and-Benjamin I. Finestone (admitted pro hac vice)Sascha N. Rand (admitted pro hac vice)Katherine A. Scherling (admitted pro hac vice)295 5th AvenueNew York, New York 10016Telephone: (212) 849-7000Facsimile: (212) 849-7100Email: benjaminfinestone@quinnemanuel.comsascharand@quinnemanuel.comkatescherling@quinnemanuel.comCOUNSEL FOR THE AD HOC COMMITTEE OFINTRUM AB 2025 NOTEHOLDERSCase 24-90575 Document 296 Filed in TXSB on 01/13/25 Page 5 of 6CERTIFICATE OF SERVICEI, Christopher D. Porter, hereby certify that on the 13th day of January, 2025, a copy ofthe foregoing document has been served via the Electronic Case Filing System for the UnitedStates Bankruptcy Court for the Southern District of Texas./s/ Christopher D. PorterBy: Christopher D. PorterCase 24-90575 Document 296 Filed in TXSB on 01/13/25 Page 6 of 6EXHIBIT ACase 24-90575 Document 296-1 Filed in TXSB on 01/13/25 Page 1 of 31IN THE UNITED STATES BANKRUPTCY COURTFOR THE SOUTHERN DISTRICT OF TEXASHOUSTON DIVISION)In re: ) Chapter 11)Intrum AB, et al.,1 ) Case No. 24-90575 (CML)))Jointly AdministeredDebtors. ))ORDER DENYING MOTION OF THE AD HOCCOMMITTEE OF HOLDERS OF INTRUM AB NOTES DUE 2025TO DISMISS CHAPTER 11 CASES PURSUANT TO 11 U.S.C. § 1112(B) ANDFEDERAL RULE OF BANKRUPTCY PROCEDURE 1017(F)(1)(Related to Docket No. 27)This matter, having come before the Court upon the Motion of the Ad Hoc Committee ofHolders of Intrum AB Notes Due 2025 to Dismiss Chapter 11 Cases Pursuant to 11 U.S.C. §1112(b) and Federal Rule of Bankruptcy Procedure 1017(f)(1) [Docket No. 27] (the “Motion toDismiss”); and this Court having considered the Debtors' Objection to the Motion of the Ad HocCommittee of Holders of Intrum AB Notes Due 2025 to Dismiss Chapter 11 Cases Pursuant to 11U.S.C. § 1112(b) and Federal Rule of Bankruptcy Procedure 1017(f)(1) (the “Objection”) andany other responses or objections to the Motion to Dismiss; and this Court having jurisdiction overthis matter pursuant to 28 U.S.C. § 1334 and the Amended Standing Order; and this Court havingfound that this is a core proceeding pursuant to 28 U.S.C. § 157(b)(2); and this Court having foundthat it may enter a final order consistent with Article III of the United States Constitution; and thisCourt having found that the relief requested in the Objection is in the best interests of the Debtors'1 The Debtors in these Chapter 11 Cases are Intrum AB and Intrum AB of Texas LLC. The Debtors' serviceaddress in these Chapter 11 Cases is 801 Travis Street, STE 2101, #1312, Houston, TX 77002.United States Bankruptcy CourtSouthern District of TexasENTEREDDecember 31, 2024Nathan Ochsner, ClerkCCaassee 2 244-9-900557755 D Dooccuummeennt t2 29662-1 F Filieledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 1 2 o of f2 32estates; and this Court having found that the Debtors' notice of the Objection and opportunity fora hearing on the Motion to Dismiss and Objection were appropriate and no other notice need beprovided; and this Court having reviewed the Motion to Dismiss and Objection and havingheard the statements in support of the relief requested therein at a hearing before this Court; andthis Court having determined that the legal and factual bases set forth in the Objectionestablish just cause for the relief granted herein; and upon all of the proceedings had beforethis Court; and after due deliberation and sufficient cause appearing therefor, it is HEREBYORDERED THAT:1. The Motion to Dismiss is Denied for the reasons stated at the December 31, 2024 hearing.2. This Court retains exclusive jurisdiction and exclusive venue with respect to allmatters arising from or related to the implementation, interpretation, and enforcement of this Order.DAeucegmubste 0r 23,1 2, 0210294CCaassee 2 244-9-900557755 D Dooccuummeennt t2 29662-1 F Filieledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 2 3 o of f2 3EXHIBIT BCase 24-90575 Document 296-2 Filed in TXSB on 01/13/25 Page 1 of 135IN THE UNITED STATES BANKRUPTCY COURTFOR THE SOUTHERN DISTRICT OF TEXASHOUSTON DIVISION)In re: ) Chapter 11)Intrum AB et al.,1 ) Case No. 24-90575 (CML)))(Jointly Administered)Debtors. ))ORDER (I) APPROVINGDISCLOSURE STATEMENT AND(II) CONFIRMING JOINT PREPACKAGED CHAPTER 11PLAN OF INTRUM AB AND ITS AFFILIATEDDEBTOR (FURTHER TECHNICAL MODIFICATIONS)The above-captioned debtors and debtors in possession (collectively, the“Debtors”), having:a. entered into that certain Lock-Up Agreement, dated as of July 10, 2024 (asamended and restated on August 15, 2024, and as further modified,supplemented, or otherwise amended from time to time in accordance with itsterms, the “the Lock-Up Agreement”) and that certain Backstop Agreement,dated as of July 10, 2024, (as amended and restated on November 15, 2024 andas further modified, supplemented, or otherwise amended from time to time inaccordance with its terms), setting out the terms of the backstop commitmentsprovided by the Backstop Providers to backstop the entirety of the issuance ofNew Money Notes (as may be further amended, restated, amended and restated,modified or supplemented from time to time in accordance with the termsthereof, the “Backstop Agreement”) which set forth the terms of a consensualfinancial restructuring of the Debtors;b. commenced, on October 17, 2024, a prepetition solicitation (the “Solicitation”)of votes on the Joint Prepackaged Chapter 11 Plan of Reorganization of IntrumAB and its Debtor Affiliate Pursuant to Chapter 11 of the Bankruptcy Code (asthe same may be further amended, modified and supplemented from time totime, the “Plan”), by causing the transmittal, through their solicitation andballoting agent, Kroll Restructuring Administration LLC (“Kroll”), to theholders of Claims entitled to vote on the Plan of, among other things: (i) the1 The Debtors in these chapter 11 cases are Intrum AB and Intrum AB of Texas LLC. The Debtors' serviceaddress in these chapter 11 cases is 801 Travis Street, STE 2102, #1312, Houston, TX 77002.United States Bankruptcy CourtSouthern District of TexasENTEREDDecember 31, 2024Nathan Ochsner, ClerkCCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Filieledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 1 2 o of f1 133452Plan, (ii) the Disclosure Statement for Joint Prepackaged Chapter 11 Plan ofReorganization of Intrum AB and its Debtor Affiliate (as the same may befurther amended, modified and supplemented from time to time, the“Disclosure Statement”), and (iii) the Ballots and Master Ballot to vote on thePlan (the “Ballots”), (iv) the Affidavit of Service of Solicitation Materials[Docket No. 7];c. commenced on November 15, 2024 (the “Petition Date”), these chapter 11 cases(these “Chapter 11 Cases”) by filing voluntary petitions in the United StatesBankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”or the “Court”) for relief under chapter 11 of title 11 of the United States Code(the “Bankruptcy Code”);d. Filed on November 15, 2024, the Affidavit of Service of Solicitation Materials[Docket No. 7] (the “Solicitation Affidavit”);e. Filed, on November 16, 2024 the Joint Prepackaged Chapter 11 Plan ofReorganization of Intrum AB and its Debtor Affiliate Pursuant to Chapter 11of the Bankruptcy Code (Technical Modifications) [Docket No. 16] and theDisclosure Statement for Joint Prepackaged Chapter 11 Plan of Intrum AB andits Debtor Affiliate [Docket No. 17];f. Filed on November 16, 2024, the Declaration of Andrés Rubio in Support of ofthe Debtors' Chapter 11 Petitions and First Day Motions [Docket No. 14] (the“First Day Declaration”);g. Filed on November 17, 2024, the Declaration of Alex Orchowski of KrollRestructuring Administration LLC Regarding the Solicitation of Votes andTabulation of Ballots Case on the Joint Prepackaged Chapter 11 Plan ofReorganization of Intrum AB and its Debtor Affiliate Pursuant to Chapter 11of the Bankruptcy Code [Docket No. 18] (the “Voting Declaration,” andtogether with the Plan, the Disclosure Statement, the Ballots, and theSolicitation Affidavit, the “Solicitation Materials”);h. obtained, on November 19, 2024, the Order(I) Scheduling a Combined Hearingon (A) Adequacy of the Disclosure Statement and (B) Confirmation of the Plan,(II) Approving Solicitation Procedures and Form and Manner of Notice ofCommencement, Combined Hearing, and Objection Deadline, (III) FixingDeadline to Object to Disclosure Statement and Plan, (IV) Conditionally (A)Directing the United States Trustee Not to Convene Section 341 Meeting ofCreditors and (B) Waiving Requirement to File Statements of Financial Affairsand Schedules of Assets and Liabilities, and (V) Granting Related Relief[Docket No. 71] (the “Scheduling Order”), which, among other things: (i)approved the prepetition solicitation and voting procedures, including theConfirmation Schedule (as defined therein); (ii) conditionally approved theDisclosure Statement and its use in the Solicitation; and (iii) scheduled theCombined Hearing on December 16, 2024, at 1:00 p.m. (prevailing CentralCCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Filieledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 2 3 o of f1 133453Time) to consider the final approval of the Disclosure Statement and theconfirmation of the Plan (the “Combined Hearing”);i. served, through Kroll, on November 20, 2025, on all known holders of Claimsand Interests, the U.S. Trustee and certain other parties in interest, the Noticeof: (I) Commencement of Chapter 11 Bankruptcy Cases; (II) Hearing on theDisclosure Statement and Confirmation of the Plan, and (III) Certain ObjectionDeadlines (the “Combined Hearing Notice”) as evidence by the Affidavit ofService [Docket No. 160];j. caused, on November 25 and 27, 2024, the Combined Hearing Notice to bepublished in the New York Times (national and international editions) and theFinancial Times (international edition), as evidenced by the Certificate ofPublication [Docket No. 148];k. Filed and served, on December 10, 2024, the Plan Supplement for the Debtors'Joint Prepackaged Chapter 11 Plan of Reorganization [Docket 165];l. Filed on December 10, 2024, the Declaration of Jeffrey Kopa in Support ofConfirmation of the Joint Prepackaged Plan of Reorganization of Intrum ABand its Debtor Affiliate Pursuant to Chapter 11 of the Bankruptcy Code [DocketNo. 155];m. Filed on December 14, 2024, the:i. Debtors' Memorandum of Law in Support of an Order: (I) Approving, on aFinal Basis, Adequacy of the Disclosure Statement; (II) Confirming theJoint Prepackaged Plan of Reorganization; and (III) Granting Related Relief[Docket No. 190] (the “Confirmation Brief”);ii. Declaration of Andrés Rubio in Support of Confirmation of the JointPrepackaged Plan of Reorganization of Intrum AB and its Debtor Affiliate.[Docket No. 189] (the “Confirmation Declaration”); andiii. Joint Prepackaged Chapter 11 Plan of Reorganization of Intrum AB and itsDebtor Affiliate Pursuant to Chapter 11 of the Bankruptcy Code (FurtherTechnical Modifications) [Docket No. 191];n. Filed on December 18, 2024, the Joint Prepackaged Chapter 11 Plan ofReorganization of Intrum AB and its Debtor Affiliate Pursuant to Chapter 11of the Bankruptcy Code (Further Technical Modifications) [Docket No. 223];CCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Filieledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 3 4 o of f1 133454WHEREAS, the Court having, among other things:a. set December 12, 2024, at 4:00 p.m. (prevailing Central Time) as the deadlinefor Filing objection to the adequacy of the Disclosure Statement and/orConfirmation2 of the Plan (the “Objection Deadline”);b. held, on December 16, 2024 at 1:00 p.m. (prevailing Central Time) [andcontinuing through December 17, 2024], the Combined Hearing;c. heard the statements, arguments, and any objections made at the CombinedHearing;d. reviewed the Disclosure Statement, the Plan, the Ballots, the Plan Supplement,the Confirmation Brief, the Confirmation Declaration, the SolicitationAffidavit, and the Voting Declaration;e. overruled (i) any and all objections to approval of the Disclosure Statement, thePlan, and Confirmation, except as otherwise stated or indicated on the record,and (ii) all statements and reservations of rights not consensually resolved orwithdrawn, unless otherwise indicated; andf. reviewed and taken judicial notice of all the papers and pleadings Filed(including any objections, statement, joinders, reservations of rights and otherresponses), all orders entered, and all evidence proffered or adduced and allarguments made at the hearings held before the Court during the pendency ofthese cases;NOW, THEREFORE, it appearing to the Bankruptcy Court that notice of theCombined Hearing and the opportunity for any party in interest to object to the DisclosureStatement and the Plan having been adequate and appropriate as to all parties affected or to beaffected by the Plan and the transactions contemplated thereby, and the legal and factual bases setforth in the documents Filed in support of approval of the Disclosure Statement and Confirmationand other evidence presented at the Combined Hearing establish just cause for the relief grantedherein; and after due deliberation thereon and good cause appearing therefor, the BankruptcyCourt makes and issues the following findings of fact and conclusions of law, and orders for thereasons stated on the record at the December 31, 2024 ruling on plan confirmation;2 Capitalized terms used but not otherwise defined herein have meanings given to them in the Plan and/or theDisclosure Statement. The rules of interpretation set forth in Article I.B of the Plan apply to this CombinedOrder.CCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Filieledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 4 5 o of f1 133455I. FINDINGS OF FACT AND CONCLUSIONS OF LAWIT IS HEREBY FOUND AND DETERMINED THAT:A. Findings of Fact and Conclusions of Law.1. The findings and conclusions set forth herein and in the record of theCombined Hearing constitute the Bankruptcy Court's findings of fact and conclusions of law underRule 52 of the Federal Rules of Civil Procedure, as made applicable herein by Bankruptcy Rules7052 and 9014. To the extent any of the following conclusions of law constitute findings of fact,or vice versa, they are adopted as such.B. Jurisdiction, Venue, Core Proceeding.2. This Court has jurisdiction over these Chapter 11 Cases pursuant to28 U.S.C. § 1334. Venue of these proceedings and the Chapter 11 Cases in this district is properpursuant to 28 U.S.C. §§ 1408 and 1409. This is a core proceeding pursuant to 28 U.S.C.§ 157(b)(2) and this Court may enter a final order hereon under Article III of the United StatesConstitution.C. Eligibility for Relief.3. The Debtors were and continue to be entities eligible for relief under section109 of the Bankruptcy Code and the Debtors were and continue to be proper proponents of thePlan under section 1121(a) of the Bankruptcy Code.D. Commencement and Joint Administration of the Chapter 11 Cases.4. On the Petition Date, the Debtors commenced the Chapter 11 Cases. OnNovember 18, 2024, the Court entered an order [Docket No. 51] authorizing the jointadministration of the Chapter 11 Case in accordance with Bankruptcy Rule 1015(b). The Debtorshave operated their businesses and managed their properties as debtors in possession pursuant toCCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Filieledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 5 6 o of f1 133456sections 1107(a) and 1108 of the Bankruptcy Code. No trustee, examiner, or statutory committeehas been appointed in these Chapter 11 Cases.E. Adequacy of the Disclosure Statement.5. The Disclosure Statement and the exhibits contained therein (i) containssufficient information of a kind necessary to satisfy the disclosure requirements of applicablenonbankruptcy laws, rules and regulations, including the Securities Act; and (ii) contains“adequate information” as such term is defined in section 1125(a)(1) and used in section1126(b)(2) of the Bankruptcy Code, with respect to the Debtors, the Plan and the transactionscontemplated therein. The Filing of the Disclosure Statement satisfied Bankruptcy Rule 3016(b).The injunction, release, and exculpation provisions in the Plan and the Disclosure Statementdescribe, in bold font and with specific and conspicuous language, all acts to be enjoined andidentify the Entities that will be subject to the injunction, thereby satisfying Bankruptcy Rule3016(c).F. Solicitation.6. As described in and evidenced by the Voting Declaration, the Solicitationand the transmittal and service of the Solicitation Materials were: (i) timely, adequate, appropriate,and sufficient under the circumstances; and (ii) in compliance with sections 1125(g) and 1126(b)of the Bankruptcy Code, Bankruptcy Rules 3017 and 3018, the applicable Local Bankruptcy Rules,the Scheduling Order and all applicable nonbankruptcy rules, laws, and regulations applicable tothe Solicitation, including the registration requirements under the Securities Act. The SolicitationMaterials, including the Ballots and the Opt Out Form (as defined below), adequately informedthe holders of Claims entitled to vote on the Plan of the procedures and deadline for completingand submitting the Ballots.CCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Filieledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 6 7 o of f1 1334577. The Debtors served the Combined Hearing Notice on the entire creditormatrix and served the Opt Out Form on all Non-Voting Classes. The Combined Hearing Noticeadequately informed Holders of Claims or Interests of critical information regarding voting on (ifapplicable) and objecting to the Plan, including deadlines and the inclusion of release, exculpation,and injunction provisions in the Plan, and adequately summarized the terms of the Third-PartyRelease. Further, because the form enabling stakeholders to opt out of the Third-Party Release (the“Opt Out Form”) was included in both the Ballots and the Opt Out Form, every known stakeholder,including unimpaired creditors was provided with the means by which the stakeholders could optout of the Third-Party Release. No further notice is required. The period for voting on the Planprovided a reasonable and sufficient period of time and the manner of such solicitation was anappropriate process allowing for such holders to make an informed decision.G. Tabulation.8. As described in and evidenced by the Voting Declaration, (i) the holders ofClaims in Class 3 (RCF Claims) and Class 5 (Notes Claims) are Impaired under the Plan(collectively, the “Voting Classes”) and have voted to accept the Plan in the numbers and amountsrequired by section 1126 of the Bankruptcy Code, and (ii) no Class that was entitled to vote on thePlan voted to reject the Plan. All procedures used to tabulate the votes on the Plan were in goodfaith, fair, reasonable, and conducted in accordance with the applicable provisions of theBankruptcy Code, the Bankruptcy Rules, the Local Rules, the Disclosure Statement, theScheduling Order, and all other applicable nonbankruptcy laws, rules, and regulations.H. Plan Supplement.9. On December 10, 2024, the Debtors Filed the Plan Supplement with theCourt. The Plan Supplement (including as subsequently modified, supplemented, or otherwiseCCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Filieledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 7 8 o of f1 133458amended pursuant to a filing with the Court), complies with the terms of the Plan, and the Debtorsprovided good and proper notice of the filing in accordance with the Bankruptcy Code, theBankruptcy Rules, the Scheduling Order, and the facts and circumstances of the Chapter 11 Cases.All documents included in the Plan Supplement are integral to, part of, and incorporated byreference into the Plan. No other or further notice is or will be required with respect to the PlanSupplement. Subject to the terms of the Plan and the Lock-Up Agreement, and only consistenttherewith, the Debtors reserve the right to alter, amend, update, or modify the Plan Supplementand any of the documents contained therein or related thereto, in accordance with the Plan, on orbefore the Effective Date.I. Modifications to the Plan.10. Pursuant to section 1127 of the Bankruptcy Code, the modifications to thePlan described or set forth in this Combined Order constitute technical or clarifying changes,changes with respect to particular Claims by agreement with holders of such Claims, ormodifications that do not otherwise materially and adversely affect or change the treatment of anyother Claim or Interest under the Plan. These modifications are consistent with the disclosurespreviously made pursuant to the Disclosure Statement and Solicitation Materials, and notice ofthese modifications was adequate and appropriate under the facts and circumstances of the Chapter11 Cases. In accordance with Bankruptcy Rule 3019, these modifications do not require additionaldisclosure under section 1125 of the Bankruptcy Code or the resolicitation of votes under section1126 of the Bankruptcy Code, and they do not require that holders of Claims or Interests beafforded an opportunity to change previously cast acceptances or rejections of the Plan.Accordingly, the Plan is properly before this Court and all votes cast with respect to the Plan priorto such modification shall be binding and shall apply with respect to the Plan.CCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Filieledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 8 9 o of f1 133459J. Objections Overruled.11. Any resolution or disposition of objections to Confirmation explained orotherwise ruled upon by the Court on the record at the Confirmation Hearing is herebyincorporated by reference. All unresolved objections, statements, joinders, informal objections,and reservations of rights are hereby overruled on the merits.K. Burden of Proof.12. The Debtors, as proponents of the Plan, have met their burden of provingthe elements of sections 1129(a) and 1129(b) of the Bankruptcy Code by a preponderance of theevidence, the applicable evidentiary standard for Confirmation. Further, the Debtors have proventhe elements of sections 1129(a) and 1129(b) by clear and convincing evidence. Each witness whotestified on behalf of the Debtors in connection with the Confirmation Hearing was credible,reliable, and qualified to testify as to the topics addressed in his testimony.L. Compliance with the Requirements of Section 1129 of the BankruptcyCode.13. The Plan complies with all applicable provisions of section 1129 of theBankruptcy Code as follows:a. Section 1129(a)(1) – Compliance of the Plan with Applicable Provisions of theBankruptcy Code.14. The Plan complies with all applicable provisions of the Bankruptcy Code,including sections 1122 and 1123, as required by section 1129(a)(1) of the Bankruptcy Code.i. Section 1122 and 1123(a)(1) – Proper Classification.15. The classification of Claims and Interests under the Plan is proper under theBankruptcy Code. In accordance with sections 1122(a) and 1123(a)(1) of the Bankruptcy Code,Article III of the Plan provides for the separate classification of Claims and Interests at each Debtorinto Classes, based on differences in the legal nature or priority of such Claims and Interests (otherCaCsaes e2 42-49-09507557 5 D oDcoucmumenetn 2t 9266-32 FFiilleedd iinn TTXXSSBB oonn 1021//3113//2245 PPaaggee 91 0o fo 1f 3143510than Administrative Claims, Professional Fee Claims, and Priority Tax Claims, which areaddressed in Article II of the Plan and Unimpaired, and are not required to be designated asseparate Classes in accordance with section 1123(a)(1) of the Bankruptcy Code). Valid business,factual, and legal reasons exist for the separate classification of the various Classes of Claims andInterests created under the Plan, the classifications were not implemented for any improperpurpose, and the creation of such Classes does not unfairly discriminate between or among holdersof Claims or Interests.16. In accordance with section 1122(a) of the Bankruptcy Code, each Class ofClaims or Interests contains only Claims or Interests substantially similar to the other Claims orInterests within that Class. Accordingly, the Plan satisfies the requirements of sections 1122(a),1122(b), and 1123(a)(1) of the Bankruptcy Codeii. Section 1123(a)(2) – Specifications of Unimpaired Classes.17. Article III of the Plan specifies that Claims and Interests in the classesdeemed to accept the Plan are Unimpaired under the Plan. Holders of Intercompany Claims andIntercompany Interests are either Unimpaired and conclusively presumed to have accepted thePlan, or are Impaired and deemed to reject (the “Deemed Rejecting Classes”) the Plan, and, ineither event, are not entitled to vote to accept or reject the Plan. In addition, Article II of the Planspecifies that Administrative Claims and Priority Tax Claims are Unimpaired, although the Plandoes not classify these Claims. Accordingly, the Plan satisfies the requirements of section1123(a)(2) of the Bankruptcy Code.CCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 1 101 o of f1 1334511iii. Section 1123(a)(3) – Specification of Treatment of Voting Classes18. Article III.B of the Plan specifies the treatment of each Voting Class underthe Plan – namely, Class 3 and Class 5. Accordingly, the Plan satisfies the requirements of section1123(a)(3) of the Bankruptcy Code.iv. Section 1123(a)(4) – No Discrimination.19. Article III of the Plan provides the same treatment to each Claim or Interestin any particular Class, as the case may be, unless the holder of a particular Claim or Interest hasagreed to a less favorable treatment with respect to such Claim or Interest. Accordingly, the Plansatisfies the requirements of section 1123(a)(4) of the Bankruptcy Code.v. Section 1123(a)(5) – Adequate Means for Plan Implementation.20. The Plan and the various documents included in the Plan Supplementprovide adequate and proper means for the Plan's execution and implementation, including: (a)the general settlement of Claims and Interests; (b) the restructuring of the Debtors' balance sheetand other financial transactions provided for by the Plan; (c) the consummation of the transactionscontemplated by the Plan, the Lock-Up Agreement, the Restructuring Implementation Deed andthe Agreed Steps Plan and other documents Filed as part of the Plan Supplement; (d) the issuanceof Exchange Notes, the New Money Notes, and the Noteholder Ordinary Shares pursuant to thePlan; (e) the amendment of the Intercreditor Agreement; (f) the amendment of the FacilityAgreement; (g) the amendment of the Senior Secured Term Loan Agreement; (h) theconsummation of the Rights Offering in accordance with the Plan, Rights Offering Documentsand the Lock-Up Agreement; (i) the granting of all Liens and security interests granted orconfirmed (as applicable) pursuant to, or in connection with, the Facility Agreement, the ExchangeNotes Indenture, the New Money Notes Indenture, the amended Intercreditor Agreement and theCCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 1 112 o of f1 1334512Senior Secured Term Loan Agreement pursuant to the New Security Documents (including anyLiens and security interests granted or confirmed (as applicable) on the Reorganized Debtors'assets); (j) the vesting of the assets of the Debtors' Estates in the Reorganized Debtors; (k) theconsummation of the corporate reorganization contemplated by the Plan, the Lock-Up Agreement,the Agreed Steps Plan and the Master Reorganization Agreement (as defined in the RestructuringImplementation Deed); and (l) the execution, delivery, filing, or recording of all contracts,instruments, releases, and other agreements or documents in furtherance of the Plan. Accordingly,the Plan satisfies the requirements of section 1123(a)(5) of the Bankruptcy Codevi. Section 1123(a)(6) – Non-Voting Equity Securities.21. The Company's organizational documents in accordance with the SwedishCompanies Act, Ch. 4, Sec 5 and the Plan prohibit the issuance of non-voting securities as of theEffective Date to the extent required to comply with section 1123(a)(6) of the Bankruptcy Code.Accordingly, the Plan satisfies the requirements of section 1123(a)(6) of the Bankruptcy Code.vii. Section 1123(a)(7) – Directors, Officers, and Trustees.22. The manner of selection of any officer, director, or trustee (or any successorto and such officer, director, or trustee) of the Reorganized Debtors will be determined inaccordance with the existing organizational documents, which is consistent with the interests ofcreditors and equity holders and with public policy. Accordingly, the Plan satisfies therequirements of section 1123(a)(7) of the Bankruptcy Code.b. Section 1123(b) – Discretionary Contents of the Plan23. The Plan contains various provisions that may be construed as discretionarybut not necessary for Confirmation under the Bankruptcy Code. Any such discretionary provisionCCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 1 123 o of f1 1334513complies with section 1123(b) of the Bankruptcy Code and is not inconsistent with the applicableprovisions of the Bankruptcy Code. Thus, the Plan satisfies section 1123(b).i. Section 1123(b)(1) – Impairment/Unimpairment of Any Class of Claims orInterests24. Article III of the Plan impairs or leaves unimpaired, as the case may be,each Class of Claims or Interests, as contemplated by section 1123(b)(1) of the Bankruptcy Code.ii. Section 1123(b)(2) – Assumption and Rejection of Executory Contracts andUnexpired Leases25. Article V of the Plan provides for the assumption of the Debtors' ExecutoryContracts and Unexpired Leases as of the Effective Date unless such Executory Contract orUnexpired Lease: (a) is identified on the Rejected Executory Contract and Unexpired Lease List;(b) has been previously rejected by a Final Order; (c) is the subject of a motion to reject ExecutoryContracts or Unexpired Leases that is pending on the Confirmation Date; or (4) is subject to amotion to reject an Executory Contract or Unexpired Lease pursuant to which the requestedeffective date of such rejection is after the Effective Date. Thus, the Plan satisfies section1123(b)(2).iii. Compromise and Settlement26. In accordance with section 1123(b)(3)(A) of the Bankruptcy Code andBankruptcy Rule 9019, and in consideration for the distributions and other benefits provided underthe Plan, the provisions of the Plan constitute a good-faith compromise of all Claims, Interests,and controversies relating to the contractual, legal, and subordination rights that all holders ofClaims or Interests may have with respect to any Allowed Claim or Interest or any distribution tobe made on account of such Allowed Claim or Interest. Such compromise and settlement is theproduct of extensive arm's-length, good faith negotiations that, in addition to the Plan, resulted inCCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 1 134 o of f1 1334514the execution of the Lock-Up Agreement, which represents a fair and reasonable compromise ofall Claims, Interests, and controversies and entry into which represented a sound exercise of theDebtors' business judgment. Such compromise and settlement is fair, equitable, and reasonableand in the best interests of the Debtors and their Estates.27. The releases of the Debtors' directors and officers are an integral componentof the settlements and compromises embodied in the Plan. The Debtors' directors and officers: (a)made a substantial and valuable contribution to the Debtors' restructuring, including extensive preandpost-Petition Date negotiations with stakeholder groups, and ensured the uninterruptedoperation of the Debtors' businesses during the Chapter 11 Cases; (b) invested significant timeand effort to make the restructuring a success and maximize the value of the Debtors' businessesin a challenging operating environment; (c) attended and, in certain instances, testified atdepositions and Court hearings; (d) attended and participated in numerous stakeholder meetings,management meetings, and board meetings related to the restructuring; (e) are entitled toindemnification from the Debtors under applicable non-bankruptcy law, organizationaldocuments, and agreements; (f) invested significant time and effort in the preparation of the Lock-Up Agreement, the Plan, Disclosure Statement, all supporting analyses, and the numerous otherpleadings Filed in the Chapter 11 Cases, thereby ensuring the smooth administration of the Chapter11 Cases; and (g) are entitled to all other benefits under any employment contracts existing as ofthe Petition Date. Litigation by the Debtors or other Releasing Parties against the Debtors'directors and officers would be a distraction to the Debtors' business and restructuring and woulddecrease rather than increase the value of the estates. The releases of the Debtors' directors andofficers contained in the Plan have the consent of the Debtors and the Releasing Parties and are inthe best interests of the estates.CCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 1 145 o of f1 1334515iv. Debtor Release28. The releases of claims and Causes of Action by the Debtors, ReorganizedDebtors, and their Estates described in Article VIII.C of the Plan in accordance with section1123(b) of the Bankruptcy Code (the “Debtor Release”) represent a valid exercise of the Debtors'business judgment under Bankruptcy Rule 9019. The Debtors' or the Reorganized Debtors' pursuitof any such claims against the Released Parties is not in the best interests of the Estates' variousconstituencies because the costs involved would outweigh any potential benefit from pursuingsuch claims. The Debtor Release is fair and equitable and complies with the absolute priority rule.29. The Debtor Release is (a) an integral part of the Plan, and a component ofthe comprehensive settlement implemented under the Plan; (b) in exchange for the good andvaluable consideration provided by the Released Parties; (c) a good faith settlement andcompromise of the claims and Causes of Action released by the Debtor Release; (d) materiallybeneficial to, and in the best interests of, the Debtors, their Estates, and their stakeholders, and isimportant to the overall objectives of the Plan to finally resolve certain Claims among or againstcertain parties in interest in the Chapter 11 Cases; (e) fair, equitable, and reasonable; (f) given andmade after due notice and opportunity for hearing; and (g) a bar to any Debtor asserting any claimor Cause of Action released by the Debtor Release against any of the Released Parties. Theprobability of success in litigation with respect to the released claims and Causes of Action, whenweighed against the costs, supports the Debtor Release. With respect to each of these potentialCauses of Action, the parties could assert colorable defenses and the probability of success isuncertain. The Debtors' or the Reorganized Debtors' pursuit of any such claims or Causes ofAction against the Released Parties is not in the best interests of the Estates or the Debtors' variousCCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 1 156 o of f1 1334516constituencies because the costs involved would likely outweigh any potential benefit frompursuing such claims or Causes of Action30. Holders of Claims and Interests entitled to vote have overwhelmingly votedin favor of the Plan, including the Debtor Release. The Plan, including the Debtor Release, wasnegotiated before and after the Petition Date by sophisticated parties represented by able counseland advisors, including the Consenting Creditors. The Debtor Release is therefore the result of ahard fought and arm's-length negotiation process conducted in good faith.31. The Debtor Release appropriately offers protection to parties thatparticipated in the Debtors' restructuring process, including the Consenting Creditors, whoseparticipation in the Chapter 11 Cases is critical to the Debtors' successful emergence frombankruptcy. Specifically, the Released Parties, including the Consenting Creditors, madesignificant concessions and contributions to the Chapter 11 Cases, including, entering into theLock-Up Agreement and related agreements, supporting the Plan and the Chapter 11 Cases, andwaiving or agreeing to impair substantial rights and Claims against the Debtors under the Plan (aspart of the compromises composing the settlement underlying the revised Plan) in order tofacilitate a consensual reorganization and the Debtors' emergence from chapter 11. The DebtorRelease for the Debtors' directors and officers is appropriate because the Debtors' directors andofficers share an identity of interest with the Debtors and, as previously stated, supported and madesubstantial contributions to the success of the Plan, the Chapter 11 Cases, and operation of theDebtors' business during the Chapter 11 Cases, actively participated in meetings, negotiations, andimplementation during the Chapter 11 Cases, and have provided other valuable consideration tothe Debtors to facilitate the Debtors' successful reorganization and continued operation.CCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 1 167 o of f1 133451732. The scope of the Debtor Release is appropriately tailored under the factsand circumstances of the Chapter 11 Cases. In light of, among other things, the value provided bythe Released Parties to the Debtors' Estates and the critical nature of the Debtor Release to thePlan, the Debtor Release is appropriate.v. Release by Holders of Claims and Interests33. The release by the Releasing Parties (the “Third-Party Release”), set forthin Article VIII.D of the Plan, is an essential provision of the Plan. The Third-Party Release is: (a)consensual as to those Releasing Parties that did not specifically and timely object or properly optout from the Third-Party Release; (b) within the jurisdiction of the Bankruptcy Court pursuant to28 U.S.C. § 1334; (c) in exchange for the good and valuable consideration provided by theReleased Parties; (d) a good faith settlement and compromise of the claims and Causes of Actionreleased by the Third-Party Release; (e) materially beneficial to, and in the best interests of, theDebtors, their Estates, and their stakeholders, and is important to the overall objectives of the Planto finally resolve certain Claims among or against certain parties in interest in the Chapter 11Cases; (f) fair, equitable, and reasonable; (g) given and made after due notice and opportunity forhearing; (h) appropriately narrow in scope given that it expressly excludes, among other things,any Cause of Action that is judicially determined by a Final Order to have constituted actual fraud,willful misconduct, or gross negligence; (i) a bar to any of the Releasing Parties asserting anyclaim or Cause of Action released by the Third-Party Release against any of the Released Parties;and (j) consistent with sections 105, 524, 1123, 1129, and 1141 and other applicable provisions ofthe Bankruptcy Code.34. The Third-Party Release is an integral part of the agreement embodied inthe Plan among the relevant parties in interest. Like the Debtor Release, the Third-Party ReleaseCCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 1 178 o of f1 1334518facilitated participation in both the Debtors' Plan and the chapter 11 process generally. The Third-Party Release is instrumental to the Plan and was critical in incentivizing parties to support thePlan and preventing significant and time-consuming litigation regarding the parties' respectiverights and interests. The Third-Party Release was a core negotiation point in connection with thePlan and instrumental in developing the Plan that maximized value for all of the Debtors'stakeholders and kept the Debtors intact as a going concern. As such, the Third-Party Releaseappropriately offers certain protections to parties who constructively participated in the Debtors'restructuring process—including the Consenting Creditors (as set forth above)—by, among otherthings, facilitating the negotiation and consummation of the Plan, supporting the Plan and, in thecase of the Backstop Providers, committing to provide new capital to facilitate the Debtors'emergence from chapter 11. Specifically, the Notes Ad Hoc Group proposed and negotiated thepari passu transaction that is the basis of the restructuring proposed under the Plan and provideda much-needed deleveraging to the Debtors' business while taking a discount on their Claims (inexchange for other consideration).35. Furthermore, the Third-Party Release is consensual as to all parties ininterest, including all Releasing Parties, and such parties in interest were provided notice of thechapter 11 proceedings, the Plan, the deadline to object to confirmation of the Plan, and theCombined Hearing and were properly informed that all holders of Claims against or Interests inthe Debtors that did not file an objection with the Court in the Chapter 11 Cases that included anexpress objection to the inclusion of such holder as a Releasing Party under the provisionscontained in Article VIII of the Plan would be deemed to have expressly, unconditionally,generally, individually, and collectively consented to the release and discharge of all claims andCauses of Action against the Debtors and the Released Parties. Additionally, the release provisionsCCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 1 189 o of f1 1334519of the Plan were conspicuous, emphasized with boldface type in the Plan, the DisclosureStatement, the Ballots, and the applicable notices. Except as set forth in the Plan, all ReleasingParties were properly informed that unless they (a) checked the “opt out” box on the applicableBallot or opt-out form and returned the same in advance of the Voting Deadline, as applicable, or(b) timely Filed an objection to the releases contained in the Plan that was not resolved beforeentry of this Confirmation Order, they would be deemed to have expressly consented to the releaseof all Claims and Causes of Action against the Released Parties.36. The Ballots sent to all holders of Claims and Interests entitled to vote, aswell as the notice of the Combined Hearing sent to all known parties in interest (including thosenot entitled to vote on the Plan), unambiguously provided in bold letters that the Third-PartyRelease was contained in the Plan.37. The scope of the Third-Party Release is appropriately tailored under thefacts and circumstances of the Chapter 11 Cases, and parties in interest received due and adequatenotice of the Third-Party Release. Among other things, the Plan provides appropriate and specificdisclosure with respect to the claims and Causes of Action that are subject to the Third-PartyRelease, and no other disclosure is necessary. The Debtors, as evidenced by the VotingDeclaration and Certificate of Publication, including by providing actual notice to all knownparties in interest, including all known holders of Claims against, and Interests in, any Debtor andpublishing notice in international and national publications for the benefit of unknown parties ininterest, provided sufficient notice of the Third-Party Release, and no further or other notice isnecessary. The Third-Party Release is designed to provide finality for the Debtors, theReorganized Debtors and the Released Parties regarding the parties' respective obligations underthe Plan. For the avoidance of doubt, and notwithstanding anything to the contrary, anyparty who timely opted-out of the Third-Party Release is not bound by the Third-PartyRelease.CCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 1 290 o of f1 133452038. The Third-Party Release is specific in language, integral to the Plan, andgiven for substantial consideration. The Releasing Parties were given due and adequate notice ofthe Third-Party Release, and thus the Third-Party Release is consensual under controllingprecedent as to those Releasing Parties that did not specifically and timely object. In light of,among other things, the value provided by the Released Parties to the Debtors' Estates and theconsensual and critical nature of the Third-Party Release to the Plan, the Third-Party Release isappropriatevi. Exculpation.39. The exculpation described in Article VIII.E of the Plan (the “Exculpation”)is appropriate under applicable law, including In re Highland Capital Mgmt., L.P., 48 F. 4th 419(5th Cir. 2022), because it was supported by proper evidence, proposed in good faith, wasformulated following extensive good-faith, arm's-length negotiations with key constituents, and isappropriately limited in scope.40. No Entity or Person may commence or continue any action, employ anyprocess, or take any other act to pursue, collect, recover or offset any Claim, Interest, debt,obligation, or Cause of Action relating or reasonably likely to relate to any act or commission inconnection with, relating to, or arising out of a Covered Matter (including one that alleges theactual fraud, gross negligence, or willful misconduct of a Covered Entity), unless expresslyauthorized by the Bankruptcy Court after (1) it determines, after a notice and a hearing, such Claim,Interest, debt, obligation, or Cause of Action is colorable and (2) it specifically authorizes suchEntity or Person to bring such Claim or Cause of Action. The Bankruptcy Court shall have soleand exclusive jurisdiction to determine whether any such Claim, Interest, debt, obligation or Causeof Action is colorable and, only to the extent legally permissible and as provided for in Article XI,CCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 2 201 o of f1 1334521shall have jurisdiction to adjudicate such underlying colorable Claim, Interest, debt, obligation, orCause of Action.vii. Injunction.41. The injunction provisions set forth in Article VIII.F of the Plan are essentialto the Plan and are necessary to implement the Plan and to preserve and enforce the discharge,Debtor Release, the Third-Party Release, and the Exculpation provisions in Article VIII of thePlan. The injunction provisions are appropriately tailored to achieve those purposes.viii. Preservation of Claims and Causes of Action.42. Article IV.L of the Plan appropriately provides for the preservation by theDebtors of certain Causes of Action in accordance with section 1123(b) of the Bankruptcy Code.Causes of Action not released by the Debtors or exculpated under the Plan will be retained by theReorganized Debtors as provided by the Plan. The Plan is sufficiently specific with respect to theCauses of Action to be retained by the Debtors, and the Plan and Plan Supplement providemeaningful disclosure with respect to the potential Causes of Action that the Debtors may retain,and all parties in interest received adequate notice with respect to such retained Causes of Action.The provisions regarding Causes of Action in the Plan are appropriate and in the best interests ofthe Debtors, their respective Estates, and holders of Claims or Interests. For the avoidance of anydoubt, Causes of Action released or exculpated under the Plan will not be retained by theReorganized Debtors.c. Section 1123(d) – Cure of Defaults43. Article V.D of the Plan provides for the satisfaction of Cure Claimsassociated with each Executory Contract and Unexpired Lease to be assumed in accordance withsection 365(b)(1) of the Bankruptcy Code. Any monetary defaults under each assumed ExecutoryCCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 2 212 o of f1 1334522Contract or Unexpired Lease shall be satisfied, pursuant to section 365(b)(1) of the BankruptcyCode, by payment of the default amount in Cash on the Effective Date, subject to the limitationsdescribed in Article V.D of the Plan, or on such other terms as the parties to such ExecutoryContracts or Unexpired Leases may otherwise agree. Any Disputed Cure Amounts will bedetermined in accordance with the procedures set forth in Article V.D of the Plan, and applicablebankruptcy and nonbankruptcy law. As such, the Plan provides that the Debtors will Cure, orprovide adequate assurance that the Debtors will promptly Cure, defaults with respect to assumedExecutory Contracts and Unexpired Leases in accordance with section 365(b)(1) of theBankruptcy Code. Thus, the Plan complies with section 1123(d) of the Bankruptcy Code.d. Section 1129(a)(2) – Compliance of the Debtors and Others with the ApplicableProvisions of the Bankruptcy Code.44. The Debtors, as proponents of the Plan, have complied with all applicableprovisions of the Bankruptcy Code as required by section 1129(a)(2) of the Bankruptcy Code,including sections 1122, 1123, 1124, 1125, 1126, and 1128, and Bankruptcy Rules 3017, 3018,and 3019.e. Section 1129(a)(3) – Proposal of Plan in Good Faith.45. The Debtors have proposed the Plan in good faith, in accordance with theBankruptcy Code requirements, and not by any means forbidden by law. In determining that thePlan has been proposed in good faith, the Court has examined the totality of the circumstancesfiling of the Chapter 11 Cases, including the formation of Intrum AB of Texas LLC (“IntrumTexas”), the Plan itself, and the process leading to its formulation. The Debtors' good faith isevident from the facts and record of the Chapter 11 Cases, the Disclosure Statement, and the recordof the Combined Hearing and other proceedings held in the Chapter 11 CasesCCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 2 223 o of f1 133452346. The Plan (including the Plan Supplement and all other documents necessaryto effectuate the Plan) is the product of good faith, arm's-length negotiations by and among theDebtors, the Debtors' directors and officers and the Debtors' key stakeholders, including theConsenting Creditors and each of their respective professionals. The Plan itself and the processleading to its formulation provide independent evidence of the Debtors' and such other parties'good faith, serve the public interest, and assure fair treatment of holders of Claims or Interests.Consistent with the overriding purpose of chapter 11, the Debtors Filed the Chapter 11 Cases withthe belief that the Debtors were in need of reorganization and the Plan was negotiated and proposedwith the intention of accomplishing a successful reorganization and maximizing stakeholder value,and for no ulterior purpose. Accordingly, the requirements of section 1129(a)(3) of the BankruptcyCode are satisfied.f. Section 1129(a)(4) – Court Approval of Certain Payments as Reasonable.47. Any payment made or to be made by the Debtors, or by a person issuingsecurities or acquiring property under the Plan, for services or costs and expenses in connectionwith the Chapter 11 Cases, or in connection with the Plan and incident to the Chapter 11 Cases,has been approved by, or is subject to the approval of, the Court as reasonable. Accordingly, thePlan satisfies the requirements of section 1129(a)(4).g. Section 1129(a)(5)—Disclosure of Directors and Officers and Consistency with theInterests of Creditors and Public Policy.48. The identities of or process for appointment of the Reorganized Debtors'directors and officers proposed to serve after the Effective Date were disclosed in the PlanSupplement in advance of the Combined Hearing. Accordingly, the Debtors have satisfied therequirements of section 1129(a)(5) of the Bankruptcy Code.CCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 2 234 o of f1 1334524h. Section 1129(a)(6)—Rate Changes.49. The Plan does not contain any rate changes subject to the jurisdiction of anygovernmental regulatory commission and therefore will not require governmental regulatoryapproval. Therefore, section 1129(a)(6) of the Bankruptcy Code does not apply to the Plan.i. Section 1129(a)(7)—Best Interests of Holders of Claims and Interests.50. The liquidation analysis attached as Exhibit D to the Disclosure Statementand the other evidence in support of the Plan that was proffered or adduced at the CombinedHearing, and the facts and circumstances of the Chapter 11 Cases are (a) reasonable, persuasive,credible, and accurate as of the dates such analysis or evidence was prepared, presented orproffered; (b) utilize reasonable and appropriate methodologies and assumptions; (c) have not beencontroverted by other evidence; and (d) establish that each holder of Allowed Claims or Interestsin each Class will recover as much or more value under the Plan on account of such Claim orInterest, as of the Effective Date, than the amount such holder would receive if the Debtors wereliquidated on the Effective Date under chapter 7 of the Bankruptcy Code or has accepted the Plan.As a result, the Debtors have demonstrated that the Plan is in the best interests of their creditorsand equity holders and the requirements of section 1129(a)(7) of the Bankruptcy Code are satisfied.j. Section 1129(a)(8)—Conclusive Presumption of Acceptance by UnimpairedClasses; Acceptance of the Plan by Certain Voting Classes.51. The classes deemed to accept the Plan are Unimpaired under the Plan andare deemed to have accepted the Plan pursuant to section 1126(f) of the Bankruptcy Code. EachVoting Class voted to accept the Plan. For the avoidance of doubt, however, even if section1129(a)(8) has not been satisfied with respect to all of the Debtors, the Plan is confirmable becausethe Plan does not discriminate unfairly and is fair and equitable with respect to the Voting Classesand thus satisfies section 1129(b) of the Bankruptcy Code with respect to such Classes as describedCCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 2 245 o of f1 1334525further below. As a result, the requirements of section 1129(b) of the Bankruptcy Code are alsosatisfied.k. Section 1129(a)(9)—Treatment of Claims Entitled to Priority Pursuant to Section507(a) of the Bankruptcy Code.52. The treatment of Administrative Claims, Professional Fee Claims, andPriority Tax Claims under Article II of the Plan satisfies the requirements of, and complies in allrespects with, section 1129(a)(9) of the Bankruptcy Code.l. Section 1129(a)(10)—Acceptance by at Least One Voting Class.53. As set forth in the Voting Declaration, all Voting Classes overwhelminglyvoted to accept the Plan. As such, there is at least one Voting Class that has accepted the Plan,determined without including any acceptance of the Plan by any insider (as defined by theBankruptcy Code), for each Debtor. Accordingly, the requirements of section 1129(a)(10) of theBankruptcy Code are satisfied.m. Section 1129(a)(11)—Feasibility of the Plan.54. The Plan satisfies section 1129(a)(11) of the Bankruptcy Code. Thefinancial projections attached to the Disclosure Statement as Exhibit D and the other evidencesupporting the Plan proffered or adduced by the Debtors at or before the Combined Hearing: (a)is reasonable, persuasive, credible, and accurate as of the dates such evidence was prepared,presented, or proffered; (b) utilize reasonable and appropriate methodologies and assumptions; (c)has not been controverted by other persuasive evidence; (d) establishes that the Plan is feasibleand Confirmation of the Plan is not likely to be followed by liquidation or the need for furtherfinancial reorganization; (e) establishes that the Debtors will have sufficient funds available tomeet their obligations under the Plan and in the ordinary course of business—including sufficientamounts of Cash to reasonably ensure payment of Allowed Claims that will receive CashCCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 2 256 o of f1 1334526distributions pursuant to the terms of the Plan and other Cash payments required under the Plan;and (f) establishes that the Debtors or the Reorganized Debtors, as applicable, will have thefinancial wherewithal to pay any Claims that accrue, become payable, or are allowed by FinalOrder following the Effective Date. Accordingly, the Plan satisfies the requirements of section1129(a)(11) of the Bankruptcy Code.n. Section 1129(a)(12)—Payment of Statutory Fees.55. Article XII.C of the Plan provides that all fees payable pursuant to section1930(a) of the Judicial Code, as determined by the Court at the Confirmation Hearing inaccordance with section 1128 of the Bankruptcy Code, will be paid by each of the applicableReorganized Debtors for each quarter (including any fraction of a quarter) until the Chapter 11Cases are converted, dismissed, or closed, whichever occurs first. Accordingly, the Plan satisfiesthe requirements of section 1129(a)(12) of the Bankruptcy Code.o. Section 1129(a)(13)—Retiree Benefits.56. Pursuant to section 1129(a)(13) of the Bankruptcy Code, and as provided inArticle IV.K of the Plan, the Reorganized Debtors will continue to pay all obligations on accountof retiree benefits (as such term is used in section 1114 of the Bankruptcy Code) on and after theEffective Date in accordance with applicable law. As a result, the requirements of section1129(a)(13) of the Bankruptcy Code are satisfied.p. Sections 1129(a)(14), (15), and (16)—Domestic Support Obligations, Individuals,and Nonprofit Corporations.57. The Debtors do not owe any domestic support obligations, are notindividuals, and are not nonprofit corporations. Therefore, sections 1129(a)(14), 1129(a)(15), and1129(a)(16) of the Bankruptcy Code do not apply to the Chapter 11 Cases.CCaassee 2 244-9-900557755 D Dooccuummeennt t2 29663-2 F Fileiledd i nin T TXXSSBB o onn 1 021/3/113/2/245 P Paaggee 2 267 o of f1 1334527q. Section 1129(b)—Confirmation of the Plan Over Nonacceptance of VotingClasses.58. No Classes rejected the Plan, and section 1129(b) is not applicable here,but even if it were, the Plan may be confirmed pursuant to section 1129(b)(1) of the BankruptcyCode because the Plan is fair and equitable with respect to the Deemed Rejecting Classes. ThePlan has been proposed in good faith, is reasonable, and meets the requirements and all VotingClasses have voted to accept the Plan. The treatment of Intercompany Claims and IntercompanyInterests under the Plan provides for administrative convenience does not constitute a distributionunder the Plan on account of suc

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Law School
Lecture 4 of 5: Contract Law: Remedies and Third-Party Rights

Law School

Play Episode Listen Later Dec 18, 2024 19:11


Week 4 Lecture: Remedies and Third-Party Issues in Contract Key Themes: Remedies for Breach of Contract: When a party breaches a contract, the law provides various remedies to compensate the non-breaching party. Third-Party Issues in Contract Law: This section explores situations where individuals or entities not originally party to a contract may have enforceable rights or obligations. Most Important Ideas/Facts: Part I: Remedies for Breach of Contract Legal Remedies (Monetary Damages):Compensatory Damages: Aim to put the non-breaching party in the position they would have been in had the contract been performed. Includes expectation damages (covering expected benefits) and incidental damages (additional expenses due to breach). Consequential Damages: Cover indirect losses foreseeable at the time of contract formation. Ex: Lost profits due to a supplier's breach (illustrated in Hadley v. Baxendale). Nominal Damages: Small sums awarded when breach occurred but caused no significant loss, affirming the violation of the plaintiff's rights. Liquidated Damages: Pre-determined amounts agreed upon by parties for specific breaches. Must be a reasonable estimate of actual damages and not a penalty. Limitations on Monetary Damages:Foreseeability: Damages must have been foreseeable to the breaching party (Hadley v. Baxendale). Certainty: Damages must be proven with reasonable certainty, not speculative. Duty to Mitigate: Non-breaching party must take reasonable steps to minimize their losses. Equitable Remedies: Granted when monetary damages are inadequate. Specific Performance: Compels breaching party to fulfill their obligations, often used for unique goods or real property. Injunctions: Prohibit a party from performing a specific act or compel them to act, often used to enforce negative covenants like non-compete clauses. Rescission and Restitution: Rescission cancels the contract, releasing both parties. Restitution restores the non-breaching party to their pre-contract position by requiring the breaching party to return benefits received. Restitutionary Remedies: Focuses on preventing unjust enrichment of the breaching party, applied in quasi-contract situations or when no formal contract exists. Part II: Third-Party Issues in Contract Law Third-Party Beneficiaries: Someone who benefits from a contract's performance but is not a party to it. Intended Beneficiaries: Explicitly named or contemplated to receive benefits and can enforce the contract once their rights vest. Ex: Life insurance beneficiary. Incidental Beneficiaries: Benefit indirectly but have no enforcement rights. Ex: Neighbor benefitting from homeowner's landscaping contract. Vesting of Rights (Intended Beneficiaries): Rights vest when the beneficiary: Accepts the benefit. Relies on the benefit. Sues to enforce the contract. Assignment and Delegation:Assignment: Transferring contractual rights to a third party (assignee), who can then enforce those rights against the obligor. Delegation: Transferring contractual duties to a third party. Delegating party remains liable unless there's a novation. Restrictions on Delegation: Duties involving personal skill, trust, or unique discretion cannot be delegated. Novation: Replaces an original party with a new one, releasing the original party from liability. Requires: A valid contract. Agreement of all parties. Intent to release the original party. Part III: Case Studies and Applications Remedies in Real Property Contracts: Specific performance often granted due to the unique nature of real estate. Third-Party Beneficiaries in Commercial Contracts: Lawrence v. Fox established the enforceability of intended third-party beneficiary rights. Limitations on Assignment: Franchise agreements often prohibit assignment without consent. Quotes: "When a contract is breached, remedies are the mechanisms the law uses to compensate the non-breaching party or enforce the agreement." "Damages must have been foreseeable to the breaching party at the time of contract formation (Hadley v. Baxendale)." "Equitable remedies are available when monetary damages are inadequate to compensate for the breach." "An intended beneficiary's rights vest when they: Accept the benefit, Rely on the benefit, or Bring a suit to enforce the contract." Conclusion: This lecture provided a comprehensive overview of remedies for breach of contract and the intricacies of third-party involvement. Understanding these concepts is crucial for analyzing contractual disputes and advocating for clients' rights. --- Support this podcast: https://podcasters.spotify.com/pod/show/law-school/support

Investor Connect Podcast
Startup Funding Espresso – Token Vesting Strategies

Investor Connect Podcast

Play Episode Listen Later Dec 13, 2024 2:11


Token Vesting Strategies Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Vesting is the process for distributing an asset to someone who is entitled to it. This could be shares of stock in a company. Cliff is the initial wait time before the distribution begins. Startups use vesting to distribute shares to the founders and employees. A typical startup vesting schedule is a one-year cliff and a four-year vesting period. This means the first distribution comes one year after the start of the process. And the shares are distributed each year over four years in equal amounts. In Web3, tokens can also be distributed using a vesting schedule.   The typical cliff time is 6 months.  The token can be vested using a linear model in which case the token is vested in equal amounts over time. Alternatively, the token can be vested on specific dates at varying amounts. The linear model provides less price fluctuation and more stability in the community compared to specific date vesting. Vesting reduces short-term speculation and provides an incentive for token holders to remain with the community longer. Consider the vesting schedule for your token distribution.   Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .

Investor Connect Podcast
Startup Funding Espresso – Elements of Tokenomics

Investor Connect Podcast

Play Episode Listen Later Dec 9, 2024 2:07


Elements of Tokenomics Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Tokenomics focuses on the supply and demand of the token in an ecosystem. Supply and demand determine the price of the token. Increasing the supply of tokens generates inflation of the price while decreasing the supply causes deflation. The demand side is determined by how the market views the token. The market assesses the potential return on investment for the token. The ability of the token to generate revenue through yield farming would increase the token's ROI. Additional utilities such as governance capabilities, access to community resources, and access to revenue streams increase the token's ROI. In some cases, pure speculation will drive the price of the token. Vesting schedules, lockups, and other tools can be used to increase the demand for the token. Airdrops can be used to establish an initial community of token holders. Tokens can be burned to increase the value of the token by increasing scarcity. The goal is to create a stable price for the token and provide incentives to encourage others to become token holders. These are the basic elements of tokenomics for managing the token supply and demand.   Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .

Investor Connect Podcast
Startup Funding Espresso – What Is Tokenomics

Investor Connect Podcast

Play Episode Listen Later Dec 6, 2024 2:16


What Is Tokenomics Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Tokenomics is a combination of “token” and “economics” and encompasses the creation, distribution, supply and demand, and destruction of tokens in an ecosystem. It's important to apply proper tokenomics or token management for the following reasons: Incentive -- provides incentives to move the community towards its goals. Distribution -- disburses the tokens to miners and stakers who validate the transactions, and users who provide value to the community. Stability -- create a stable price for the token so the community remains focused on the project at hand rather than the price volatility of the token. Yield -- create a token of value that can generate income through interest rate arbitrage. Dissolution -- a path for removing tokens from the ecosystem to foster a stable price and prevent inflation. Supply management -- maintain an adequate number of tokens to grow the community and meet its objectives. Vesting -- required hold time of the token to prevent short-term speculation and create cohesion in the community. Tokenomics fosters the economy of the community. A good tokenomics structure leads to a healthy community through proper management of the token economics.   Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .

Cómo Cincelar en un mundo volátil

Conversamos un poco sobre el reciente interes por el vesting

The Broadcast Retirement Network
The Effects of 401k Vesting Schedules

The Broadcast Retirement Network

Play Episode Listen Later Oct 27, 2024 11:07


#BRN #Sunday #1878 | The Effects of 401k Vesting Schedules  | Samantha J. Prince, Penn State University | #Tunein: broadcastretirementnetwork.com | #Independent. #GetTheFullStory. #JustTheFacts. #Everyday. #AllInOnePlace.

NerdWallet's MoneyFix Podcast
Vest Without the Stress: Mastering Job Transitions and Vesting Schedules

NerdWallet's MoneyFix Podcast

Play Episode Listen Later Oct 21, 2024 30:36


Learn how to navigate job changes, maximize retirement benefits, and celebrate personal and financial accomplishments. How should you navigate job changes when it affects your retirement benefits? What options do military spouses have for saving for retirement? Hosts Sean Pyles and Sara Rathner discuss managing unvested retirement funds to help you understand how to make the most of your employment benefits. They begin with a discussion of the importance of celebrating success after working towards a goal, financial or otherwise. Then Sean talks to Lacey Langford, an accredited financial coach and founder of MILMO, a platform to help the military community better their finances, about tips and tricks for financial planning for military families. Lacey helps Sean answer a listener's question about changing jobs, discussing how vesting schedules work, how to negotiate benefits with employers, the challenges of frequent relocations, how to maximize retirement savings through IRAs and spousal IRAs, and the importance of tapping into community and government resources to build financial stability. In their conversation, the Nerds discuss: retirement benefits, 401k vesting, job changes and retirement, military spouse financial planning, saving for retirement, how vesting schedules work, spousal IRA, financial tips for military families, retirement savings options, navigating job changes, maximizing employer benefits, retirement planning, emergency savings, career transitions, negotiating with employers, military spouse benefits, financial stability, investment strategies, saving for the future, IRA contributions, how to handle job transitions, individual retirement accounts, and navigating career changes. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend.

Jungunternehmer Podcast
Von Termsheet bis Closing - Darauf musst du bei der ersten Priced Round achten - mit Gründer Bastian Krautwald und musfeldt. Anwalt Manuel Nikoleyczik

Jungunternehmer Podcast

Play Episode Listen Later Oct 11, 2024 111:54


Termsheet erhalten, was nun? Die rechtlichen Aspekte der ersten institutionellen Finanzierungsrunde sind eine Herausforderung, welche es nicht zu unterschätzen gilt. Bastian und Manuel geben dir tiefe Einblicke in den Prozess vom Termsheet bis zum Closing und erklären, worauf Gründer bei der Vorbereitung und Verhandlung achten sollten.Was du lernst:Wie bereitest du dich optimal auf eine institutionelle Finanzierungsrunde vor?Welche Punkte sollten bereits im Termsheet geregelt werden?Welche Auswirkungen haben ausgewählte Entscheidungen auf zukünftige Runden?Welche Vertragsbestandteile solltest du verhandeln?Was ist beim Board-Setup zu beachten?Wichtig: Dies ist keine Rechtsberatung. Für deinen individuellen Fall fragst du bitte zusätzlich deinen Anwalt des Vertrauens.Schreib mir gerne deine Gedanken zum Format, damit es Legal Bakery in Zukunft öfter geben kann. (fabian@unicornbakery.de)ALLES ZU UNICORN BAKERY: https://zez.am/unicornbakeryRESSOURCEN & TOOLSCap Table Tool von Cherry Ventures: https://drp.li/rp64UMitarbeiterbeteiligungsrechner von Index Ventures: https://drp.li/rdjW6Datenraum Template: https://drp.li/U3IftBastian Krautwald:LinkedIn: https://www.linkedin.com/in/bastiankrautwald/ Manuel Nikolajic:LinkedIn: https://www.linkedin.com/in/manuelnikoleyczik/ Musfeldt: https://www.musfeldt.law/Join our Founder Tactics Newsletter: 2x die Woche bekommst du die Taktiken der besten Gründer der Welt direkt ins Postfach: https://newsletter.unicornbakery.deMarker:(00:00:00) Der richtige Zeitpunkt für Price Rounds & die rechtliche Unterstützung(00:08:23) Fundraising Seasons (00:12:53) Best Practices: Data-Room & Fundraising Process(00:29:40) VC Investment Process(00:39:55) Term-Sheet - Was passiert danach?(01:08:36) How To: Board Management (01:13:59) Die wichtigsten Terms (01:18:34) Darauf solltest du beim Gründer-Vesting achten(01:28:39) Verträge der Priced Round(01:37:00) Signing to Closing Hosted on Acast. See acast.com/privacy for more information.

Orrick Podcasts
Legal Ninja Snapshot: New Court Ruling – Vesting and Cliff under the Microscope

Orrick Podcasts

Play Episode Listen Later Oct 10, 2024 7:28


The Court of Appeal in Berlin has made another decision on founder vesting that brings some clarity to what is permissible.

Selling With Social Sales Podcast
Sales Secrets to Landing a Lucrative Compensation Plan | Devon Hennig | MSP #282

Selling With Social Sales Podcast

Play Episode Listen Later Sep 10, 2024 64:35 Transcription Available


  Are you ready to uncover the unexpected key to maximizing your sales compensation? Get ready to dive into a conversation that will transform the way you negotiate your compensation packages. You won't believe the game-changing strategies shared in this episode. Stay tuned to discover the secrets that will elevate your sales career to new heights. If you're feeling frustrated by missed opportunities and leaving money on the table, then you are not alone! Are you tired of negotiating compensation packages that don't reflect your true value and potential? It's time to enhance your negotiation skills and optimize your compensation packages to maximize your earnings. Let's dive in and unlock the secrets to getting the compensation you deserve. This is Devon Hennig's story: Devin Hennig, an experienced author, seasoned executive and negotiation expert, candidly shared his journey of learning about compensation through trial and error. As a former VP of marketing in various startups and public companies, he admitted to making costly mistakes in negotiating his own compensation, leaving substantial sums on the table. Drawing from his personal experiences, Devin recognized the common pitfalls that leaders encounter in negotiations, emphasizing the importance of understanding what, how, and why when it comes to compensation. His refreshing approach, devoid of traditional HR perspectives, resonates with those seeking to navigate the complexities of compensation packages. Devin's journey serves as an inspiring reminder that even seasoned professionals have faced the challenges of underselling themselves and not fully comprehending the intricacies of negotiation. His down-to-earth storytelling and relatable experiences create an engaging narrative, offering valuable insights and a fresh perspective on optimizing compensation packages. Severance is a protection piece, especially at a higher title and more senior roles. It's making things right. - Devon Hennig My special guest is Devon Hennig Devon Hennig, an accomplished author with eight books under his belt, including "The Senior Compensation Bible" and "How to Be a VP," brings a unique perspective to sales compensation negotiations. With a background as a VP of marketing at various startups and public companies, Devon learned from firsthand experiences, having left millions on the table due to negotiation mishaps. His approachable style and focus on helping others avoid similar pitfalls make him a valuable resource for understanding the intricacies of compensation packages and negotiation strategies. Devon's insights cater to both sales leaders and individual contributors, making him a relatable and trusted guide in the realm of optimizing compensation packages. In this episode, you will be able to: Master the art of negotiating sales compensation packages to maximize your earnings. Unlock the potential of equity and stock options for startup employees to build your financial future. Learn how to maximize severance in executive roles, ensuring a safety net for your career. Craft a compelling career story in sales that captivates potential employers and clients alike. Discover strategies for long-term career growth in sales, paving the way for sustained success. Key Moments: 00:00:00 - Intro

“HR Heretics” | How CPOs, CHROs, Founders, and Boards Build High Performing Companies

Today Nolan Church and Kelli Dragovich tackle knowing when it's time to leave a job -- considering factors such as energy levels, learning opportunities, and impact. They cover the art of giving notice, protecting your financial interests, and nurturing professional connections when moving to a new opportunity.*Email us your questions or topics for Kelli & Nolan: hrheretics@turpentine.coHR Heretics is a podcast from Turpentine.Support HR Heretics Sponsors:Planful empowers teams just like yours to unlock the secrets of successful workforce planning. Use data-driven insights to develop accurate forecasts, close hiring gaps, and adjust talent acquisition plans collaboratively based on costs today and into the future. ✍️ Go to http://planful.com/heretics to see how you can transform your HR strategy.Discover Workvivo, Zoom's employee experience platform, designed to delight your hybrid workforce. With dynamic and intuitive features people actually like using, Workvivo fosters a sense of belonging and boosts retention and productivity. Join Ryanair, Dollar General, and Virgin — head to https://bit.ly/hrhereticsworkvivo to book a demo (tell them Kelli and Nolan sent you).Metaview is the AI assistant for interviewing. Metaview completely removes the need for recruiters and hiring managers to take notes during interviews—because their AI is designed to take world-class interview notes for you. Team builders at companies like Brex, Hellofresh, and Quora say Metaview has changed the game—see the magic for yourself: https://www.metaview.ai/hereticsKEEP UP WITH NOLAN, + KELLI ON LINKEDINNolan: https://www.linkedin.com/in/nolan-church/Kelli: https://www.linkedin.com/in/kellidragovich/—TIMESTAMPS:(00:00) Intro(00:55) Recognizing It's Time to Leave(03:54) The Importance of Networking and Taking Recruiter Calls(06:57) Sponsor: Planful | Workvivo(09:59) Job Tenure and Career Narratives(12:53) How to Put in Notice(16:55) Sponsor: Metaview(18:55) Vesting and Financial Considerations When Leaving(19:53) Maintaining Relationships After Leaving a Company(22:53) Closing Thoughts and Lessons Learned(23:01) Wrap This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hrheretics.substack.com

The Great Canadian Talk Show
Aug 16 2024- And Dunnator Makes 6, As RMs Pan Metro Plan20-50

The Great Canadian Talk Show

Play Episode Listen Later Aug 17, 2024 46:56


Friday morning started with our Winnipeg Sun report about the wheels falling off of the Plan 2050 bus. RMs ask province to let them out of Manitoba's Metro Plan20-50 We have additional details in Episode 16 about why the rural municipalities of Headingley, Niverville, and St. Andrews- and then 2 more - joined Selkirk in pronouncing the document substandard and the take-it-but-you-can't-leave-it organizational structure unacceptable. The outpouring of opposition followed the WMR having to reschedule a vital public hearing when a reported 650 concerned citizens arrived in Niverville as discussed in Episode 14. 8.30- Among the issues raised by the RMs: The forced membership in the WMR was undemocratic, The weighted voting rules giving Winnipeg a veto even more undemocratic, Vesting the Metro board with final say on local land-use decisions and the power of expropriation was unthinkably undemocratic. Headingley warned: "the plan is being advanced without comprehensive background studies in crucial areas." Selkirk CAO Duane Nicol said "we're seeing the disconnect between the decisions being made and the actual on-the-ground lived experience of the communities and the residents that have to live with these decisions." Friday afternoon, East St. Paul issued a statement relaying "this Bill effectively strips elected local governments of their autonomy, placing final municipal decisions in the hands of unelected Provincial Government appointees." With evidence mounting that Plan20-50 is dysfunctional, it's been almost like a make-work project for the planners. And under their plan, Scott Gillingham - who supports the plan and claimed detractors had "misconceptions"- is the kingmaker of the Capital Region. 13.00 - The plan opens the door to things being put in later by an unelected board. When it suits them, the WMR calls Plan20-50 a "guide." That's deceptive- because it's a blueprint, with no deviations permitted. 20.30 And then there were 6! Only TGCTS found that the Village of Dunnator had put out a statement abandoning the plan on Wednesday. The Winnipeg media ignored the controversy of Plan20-50 until Marty's column at this link. 23.33 PART 2 - In contrast to the dissidents, the RM of St. Clements declared unquestioned loyalty to the WMR. You'll hear just a few of their official responses about "media coverage", "public debate" and "body oversight" that seem disconnected from reality, especially the claim that "the Winnipeg Metropolitan Region (WMR) is not an unelected body controlling local decisions. Local councils retain their authority." There is no mention made of the 4 unelected provincial appointees, or of the Gillingham veto, or the power to expropriate RM property. 36.00- Marty gives a good example of why Dunnator would want no part of the WMR having control of the beach at Matlock. The Metro disinformation campaign is laid bare by this statement: "These FAQs are provided as information for residents of St. Clements, on how Plan20-50 impacts the community. Everyone is encouraged to read the plan." However, Metro executive director Jennifer Freeman has conceded, “a planning document like a regional planning bylaw can be hard to read when it's not your field.” "Read the plan"? Now, that's a scam. You still won't get it, so your questions are just misconceptions and you're confused. Just like those 6 RM councils. That's how planners have rigged the process. Welcome to Winnipeg. ***** The Season 5 Funding Drive is now at $2905 - over 50% of the target. Your support has ensured we can stay on the beat with unique interviews and investigations on ActionLine.ca and in the Winnipeg Sun. Donors of over $250 will get a rare hardcover copy Retropeg, a collection of black and white photographs of Winnipeg in the 1970's by James Donahue. Softcovers will be gifted to donors over $50.00. Use the Donate page to contribute- or send E-transfers and sponsor inquiries to martygoldlive@gmail.com Next Sun Column- Save the 7-Elevens

Jungunternehmer Podcast
Warum Enpal-Gründer Mario Kohle Unternehmer für Leadership Positionen einstellt und wie er diese incentiviert

Jungunternehmer Podcast

Play Episode Listen Later Jul 5, 2024 54:38


Mario Kohle ist wohl einer der bekanntesten Vorantreiber der Energiewende. Mit einer Umsatzverdoppelung im letzten Jahr auf ca. 900 Mio. EUR und derzeit über 1.000 Mitarbeitenden ist Enpal eines der erfolgreichsten GreenTech Startups Deutschlands.Mario spricht darüber, wie er Unternehmer für Leadership Positionen hired und diese langfristig incentiviert - von der Kombination aus Unternehmertum und Impact über “das längste Vesting, welches ein Gründer vergibt".Mario war zuletzt vor ca. 2 Jahren in der Unicorn Bakery zu Gast. Zu dem Zeitpunkt, frisch ein Unicorn, hat sich Enpal seitdem einiges verändert. Da ich die Firma auch durch einige Bekannte, die dorthin gewechselt sind, beobachtet habe, wollte ich mit Mario über einige seiner Schachzüge nochmal sprechen.Was du lernst:Herausforderungen bei der Expansion in neue Märkte und GeschäftszweigeDie Auswirkungen einer gesteigerten Unternehmenskomplexität auf EntscheidungenHiring und langfristige Incentivierung von Leadership & ExDie Wichtigkeit einer Performance- und Streit-KulturEnergiemanagement als Gründer und GeschäftsführerALLES ZU UNICORN BAKERY: https://zez.am/unicornbakeryMario Kohle:LinkedIn: https://www.linkedin.com/in/mario-kohle-600a8a112/ Enpal: https://www.enpal.de/ Unicorn Bakery WhatsApp Broadcast: Hier erfährst du alles, was du als Gründer wissen musst: https://drp.li/jrq5SUnser WhatsApp Broadcast hält dich mit Einblicken in die Szene, News und Top-Inhalten auf dem Laufenden.Marker:(00:00:00) Die Entstehung und Entwicklung von Enpal(00:16:24) Warum Mario Kohle Unternehmer für Leadership Positionen einstellt(00:25:29) Performance Kultur & Vertrauen(00:28:19) Wie richtet man 1000+ Mitarbeitende auf dasselbe Ziel aus und welche Rolle spielt die Kultur dabei?(00:34:21) Welche Transformation musstest du persönlich durchleben, um eine Company zu führen, die an der Milliarde Umsatz kratzt?(00:38:45) Wie behält man den Fokus, wenn man B2B und B2C bedient?(00:42:52) Externe Kommunikation des Wachstumskurs(00:44:57) Cap Table Zusammenstellung(00:47:17) Burn-Management(00:51:07) Wie stellst du gutes Energiemanagement und eine gute Entscheidungsfähigkeit sicher? Hosted on Acast. See acast.com/privacy for more information.

The Press Box with Joel Blank and Nick Sharara
06/28 Hour 1 - Do we seriously expect Justin Verlander hit his vesting option??

The Press Box with Joel Blank and Nick Sharara

Play Episode Listen Later Jun 28, 2024 49:21


Hour 1 on the Killer B's with Joel Blank and Jeremy Branham This Hour included... Joe Espada's control of the Astros. Will Justin Verlander hit his vesting option?  How much would you be willing to pay Verlander on a one year deal for next season? Luis Garcia makes his first minor league rehab start.

Jungunternehmer Podcast
Diese 5 rechtlichen Fragen musst du vor der Gründung & ersten Finanzierung beantworten können

Jungunternehmer Podcast

Play Episode Listen Later Jun 21, 2024 90:43


Eines der wohl härtesten Themen als Gründer: Rechtliche Fragestellungen.Dieser Podcast kann keine Rechtsberatung ersetzen, soll dir aber dabei helfen, einen Überblick über die bevorstehenden Fragestellungen zu bekommen.Moderiert wird die Episode von Gründer Bastian Krautwald, der sowohl von Top-Investoren wie 468 Capital und EQT Ventures Finanzierung bekommen, als auch seine Firma erfolgreich an Getsafe verkauft hat.Sein Anwalt Manuel Nikoleyczik von musfeldt., sitzt ihm gegenüber und die beiden blicken auf die wichtigsten Fragestellungen zurück. Bastian und Manuel haben sowohl Finanzierungsrunden als auch den Exit gemeinsam gestemmt und können deswegen sehr genau sagen, welche Entscheidungen in früher Phase auch hinten raus erhebliche Auswirkung hatten.Sie diskutieren wichtige Themen wie die Wahl der Gesellschaftsform, die Verteilung von Anteilen, den Umgang mit geistigem Eigentum (IP) und die Bedeutung von gut vorbereiteten Dienstverträgen.Was du lernst:Die wichtigsten rechtlichen Fragen bei der Gründung eines StartupsWie man Anteile gerecht verteilt und zukünftige Konflikte in Gründerteams vermeidetDie Bedeutung von IP-Rechten und wie man sie korrekt überträgtWie Vesting-Mechanismen funktionieren und warum sie wichtig sindWann und wie man rechtlichen Rat einholen sollte, um rechtliche Fallstricke zu vermeidenWichtig: Wir sind keine Rechtsberatung. Für deinen individuellen Fall fragst du bitte zusätzlich deinen Anwalt des Vertrauens.Schreib mir gerne deine Gedanken zum Format, damit es Legal Bakery in Zukunft öfter geben kann. (fabian@unicornbakery.de)Weiterführende Links:ALLES ZU UNICORN BAKERY: https://zez.am/unicornbakeryBastian Krautwald:LinkedIn: https://www.linkedin.com/in/bastiankrautwald/ Manuel Nikolajic:LinkedIn: https://www.linkedin.com/in/manuelnikoleyczik/ Musfeldt: https://www.musfeldt.law/Investment Zuschuss BAFA: https://www.bafa.de/DE/Wirtschaft/Beratung_Finanzierung/Invest/invest_node.html Marker:(00:00:00) Welche rechtlichen Fehlentscheidungen kann ich vor der Gründung treffen?(00:09:17) Ich habe zwei Mitgründer gefunden - wie geht es jetzt juristisch weiter?(00:13:23) Vesting erklärt: Wie schütze ich Anteile, wenn ein Mitgründer vorzeitig das Unternehmen verlässt?(00:21:15) Wie gehe ich mit IP und vorangegangener Erfahrung um, wenn ich neu ins Team komme?(00:24:10) Wann sollte ich einen Anwalt an Board holen?(00:31:30) Was sollte man als Gründer gesellschaftsrechtlich auf jeden Fall angehen und was ist nice to have?(00:41:11) Warum möchten Investoren, dass der VSOP-Pool schon "erledigt" ist, bevor sie einsteigen?(00:48:41) Welche Unterschiede gibt es in der Equity-Finanzierung?(00:56:18) Warum sind Wandeldarlehen so verbeitet - Vor- und Nachteile?(01:08:42) Fallstricke bei Wandeldarlehen(01:20:32) Muss man Wandeldarlehenbeglaubigen lassen? Hosted on Acast. See acast.com/privacy for more information.

Returns on Investment
ESG backlash in Congress and at Tesla, gender lens in vesting in LatAm; and Ava Duverney rewrites the Hollywood funding script

Returns on Investment

Play Episode Listen Later Jun 13, 2024 16:03


Host Brian Walsh takes up ImpactAlpha's top stories with editor David Bank. Congressional hearings on ESG: https://impactalpha.com/political-risk-antitrust-hearing-escalates-republican-attacks-on-climate-action/ Shareholder votes at Tesla: https://impactalpha.com/elon-musks-pay-grab-is-a-skirmish-in-the-broader-battle-of-the-billionaires/ Women's growing economic power in Latin America: https://impactalpha.com/in-latin-america-investors-see-economic-opportunities-through-a-gender-lens/ How Ava Duvernay flipped the script on how Hollywood funds films: https://impactalpha.com/ava-duvernay-impact-filmmaking Sign up for ImpactAlpha LatAm: ⁠⁠⁠⁠⁠⁠https://impactalpha.com/latam-newsletter-email/⁠⁠⁠⁠⁠ Subscribe to ImpactAlpha: ⁠⁠⁠⁠⁠https://impactalpha.com/subscribe/⁠⁠⁠⁠ This episode featured music by Isaac Silk and by ⁠⁠⁠⁠Yurii Semchyshyn⁠⁠⁠⁠. --- Send in a voice message: https://podcasters.spotify.com/pod/show/impact-alpha/message

The Stacking Benjamins Show
All About Vesting Schedules and Stock Market Predictions! (SB1530)

The Stacking Benjamins Show

Play Episode Listen Later Jun 12, 2024 63:18


There's another lawsuit brewing in the world of retirement planning. This time, participants in a 401(k) plan in California are raising concerns about how Qualcomm is handling the money forfeited when employees don't complete their vesting schedules. Vesting schedule? What's that all about? Today, we'll break down everything you need to know about vesting schedules, so you can navigate your job benefits with confidence. Whether you're dealing with a vesting cliff or a staggered vesting schedule, we've got you covered. We'll explain how they work, the taxes involved, how to plan around them, and how to think about any money that isn't fully yours yet. Plus, for business owners, we'll discuss how to balance keeping talent with implementing vesting schedules. Get ready for a fun and informative session on one of the trickier aspects of financial planning! In our TikTok minute, we're sharing a clip from Fox News where a contributor predicts what will happen to the stock market if Trump is convicted after his recent trial. Spoiler: He was convicted. Let's see if his prediction came true and how it might impact your money. We also have a note from a fellow Stacker who thought, "I better call Saul...Sehy & OG." He's worried about contributing to a Roth IRA because his income is too high. We'll discuss strategies like backdoor Roth contributions, Roth 401(k) plans, and some of the tricky rules around Roth IRA conversions that can trip people up. And of course, we'll share a fun trivia question from Doug, sit on the back porch, and so much more! FULL SHOW NOTES: https://stackingbenjamins.com/all-about-vesting-1530 For deeper dives with curated links, topics, and discussions, check out our newsletter, The 201, at https://www.stackingbenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Venture in the South
E121: Liquidation Preferences and Vesting are your Ticket to Ride

Venture in the South

Play Episode Listen Later Jun 3, 2024 35:54


Send us a Text Message.E121: Fundraising terms are critical to not only successful startup growth but also to a successful exit for Founders and Investors. Arguably, the most important term for Founders may be the Vesting terms that determine their take at exit. For Investors it's the Liquidation Preference that determines not only their position in the line to get money after a liquidity event but also which line(s) they are are in. These terms also have a downstream effect on both parties and warrant awareness and careful scrutiny. David and Paul discuss the principles and precedence that guide these terms and explain how they can work for or against Founders and Investors. We review some of the pitfalls are illustrated in The FanDuel Exit Fiasco as explained in detail by Chris Harvey, Emerging Fund Lawyer. Have a question or comment? Send us a confidential text message using the Link above. (recorded 5/28/24)Follow David on LinkedIn or reach out to David on Twitter/X @DGRollingSouth for comments. We invite your feedback and suggestions at ventureinthesouth.com or email david@ventureinthesouth.com. Learn more about RollingSouth at rollingsouth.vc or email david@rollingsouth.vc. Follow Paul on LinkedIn. Download our White Papers and Cheat Sheets HERE. Thanks for listening and remember: Our mission is to MAKE MONEY, HAVE FUN AND DO GOOD.

The Financial Mirror
Ep. 181 | Decoding Vesting in Your Employee Retirement Plan

The Financial Mirror

Play Episode Listen Later Apr 9, 2024 30:14


Dive into the essential world of retirement savings with this weeks episode. This episode is your ultimate guide to understanding vesting, a critical element in making the most of your retirement accounts. Whether you're contributing to a 401(k), 403(b), IRA, or any employer-sponsored retirement plan, our in-depth discussion clarifies how vesting affects your financial future.   Learn the ins and outs of different vesting schedules - immediate, cliff, and graded - and discover how each impacts your employer's contributions and your overall retirement fund. We tackle common misconceptions about non-vested funds, offering strategic advice on managing these assets for optimal growth. Our clear, jargon-free explanations make complex topics like vesting schedules and retirement planning accessible to all.   Moreover, this episode provides actionable tips on how to check your vesting status, interpret retirement account statements, and make informed decisions for your financial well-being. Whether you're a new employee, nearing retirement, or considering a job change, understanding the nuances of vesting can profoundly influence your retirement planning strategy. Subscribe to the channel for more empowering content on personal finance, investing, and self-improvement. Don't miss out on the opportunity to unlock your true financial potential and live a life of abundance. It's time to invest in yourself and create the future you deserve! **Support the Stream By Shopping at Our Store**    Buy Your Financial Mirror Gear: https://www.thefinancialmirror.org/shop    YouTube: https://www.youtube.com/@thefinancialmirror Rumble: https://rumble.com/TheFinancialMirror Facebook: https://www.facebook.com/thefinancialmirr0r X: https://twitter.com/financialmirr0r Instagram: https://www.instagram.com/thefinancialmirror/ Podcast: https://thefinancialmirror.podbean.com/   If you are in need of a Financial Coach, don't waste another day of being in debt, not planning for retirement, or simply wondering where your money went each month. Today is the day to take control of your finances and I can help, no issue is too big or too small. Contact me at https://www.thefinancialmirror.org/ #InvestInYourself #PersonalFinance #FinancialEmpowerment #personalfinance #financialfreedom #finance #money #investing #financialliteracy #financialindependence #budgeting #debtfreecommunity #financialplanning #debtfree #financialeducation #debtfreejourney #wealth #financetips #business #budget #investment #entrepreneur #moneymanagement #moneytips #stockmarket #financialgoals #invest #motivation #debt #savings #moneymindset #savingmoney #success #RetirementPlanning #401kSavings #InvestmentEducation #VestingExplained #RetirementAccounts #WealthBuilding #SavvyInvestor #PersonalFinanceTips #RetirementGoals #SmartSaving #InvestSmart #FuturePlanning --- Support this podcast: https://podcasters.spotify.com/pod/show/thefinancialmirror/support

The Financial Mirror
Ep. 181 | Decoding Vesting in Your Employee Retirement Plan

The Financial Mirror

Play Episode Listen Later Apr 9, 2024 30:14


Dive into the essential world of retirement savings with this weeks episode. This episode is your ultimate guide to understanding vesting, a critical element in making the most of your retirement accounts. Whether you're contributing to a 401(k), 403(b), IRA, or any employer-sponsored retirement plan, our in-depth discussion clarifies how vesting affects your financial future.   Learn the ins and outs of different vesting schedules - immediate, cliff, and graded - and discover how each impacts your employer's contributions and your overall retirement fund. We tackle common misconceptions about non-vested funds, offering strategic advice on managing these assets for optimal growth. Our clear, jargon-free explanations make complex topics like vesting schedules and retirement planning accessible to all.   Moreover, this episode provides actionable tips on how to check your vesting status, interpret retirement account statements, and make informed decisions for your financial well-being. Whether you're a new employee, nearing retirement, or considering a job change, understanding the nuances of vesting can profoundly influence your retirement planning strategy. Subscribe to the channel for more empowering content on personal finance, investing, and self-improvement. Don't miss out on the opportunity to unlock your true financial potential and live a life of abundance. It's time to invest in yourself and create the future you deserve! **Support the Stream By Shopping at Our Store**    Buy Your Financial Mirror Gear: https://www.thefinancialmirror.org/shop    YouTube: https://www.youtube.com/@thefinancialmirror Rumble: https://rumble.com/TheFinancialMirror Facebook: https://www.facebook.com/thefinancialmirr0r X: https://twitter.com/financialmirr0r Instagram: https://www.instagram.com/thefinancialmirror/ Podcast: https://thefinancialmirror.podbean.com/   If you are in need of a Financial Coach, don't waste another day of being in debt, not planning for retirement, or simply wondering where your money went each month. Today is the day to take control of your finances and I can help, no issue is too big or too small. Contact me at https://www.thefinancialmirror.org/ #InvestInYourself #PersonalFinance #FinancialEmpowerment #personalfinance #financialfreedom #finance #money #investing #financialliteracy #financialindependence #budgeting #debtfreecommunity #financialplanning #debtfree #financialeducation #debtfreejourney #wealth #financetips #business #budget #investment #entrepreneur #moneymanagement #moneytips #stockmarket #financialgoals #invest #motivation #debt #savings #moneymindset #savingmoney #success #RetirementPlanning #401kSavings #InvestmentEducation #VestingExplained #RetirementAccounts #WealthBuilding #SavvyInvestor #PersonalFinanceTips #RetirementGoals #SmartSaving #InvestSmart #FuturePlanning

The Edge Podcast
Why This Crypto Bull Run Is and Is Not Different

The Edge Podcast

Play Episode Listen Later Apr 5, 2024 76:10


Marc Weinstein is a Partner at Mechanism Capital. In this episode, we discuss why this time is and is not different, as it relates to the crypto bull run. Marc shares what keeps him up at night as an early stage venture investor but also as a retail trader. According to him, we are all retail traders! As one of the more relatable investors, he is able to break down a number of observations and hypotheses related to founders, memecoins, speculation, L2s, and inflated private market valuations this cycle. ------

Administrative Static Podcast
Biden's Student Loan Debt Cancellation Plan Undermines Congress

Administrative Static Podcast

Play Episode Listen Later Apr 4, 2024 12:30


The Biden Administration's illegal plan to unilaterally cancel student loan debt is getting pushback in the courts from NCLA. NCLA represents the Cato Institute, a nonprofit organization that promotes individual liberty, limited government, free markets, and peaceful international relations. The complaint argues the Biden Administration's arbitrary one-time student loan debt cancellation scheme violates the Constitution's Appropriations and Vesting clauses, infringing on Congress' sole power of the purse. The program abuses the Department of Education's discretionary power and must be set aside. Mark is joined by NCLA's Russ Ryan to discuss the case and the recent oral argument. See omnystudio.com/listener for privacy information.

Pak Schaal Podcast
S04E23 met Horace Cohen: 'Tegen PSV moet het een onneembare vesting zijn'

Pak Schaal Podcast

Play Episode Listen Later Feb 1, 2024 77:13


Om onze exclusieve korting op je NordVPN-abonnement + 4 maanden gratis te krijgen, ga naar nordvpn.com/pakschaal Het is volledig risicovrij met de 30 dagen geld-terug-garantie van Nord!Deze aflevering op beeld? Ga naar: https://www.vi.nl/pro/hoe-moet-ajax-het-aanpakken-tegen-psvHorace Cohen is te gast om onder meer de topper tegen PSV die eraan komt te bespreken, de mannen bellen Lentin Goodijk voor de laatste updates op de transfermarkt en uiteraard spreek Horace iedereen weer wat moed in. Natuurlijk zijn er ook wat spelerspaspoortjes en een goal en zijn verhaal!Zie het privacybeleid op https://art19.com/privacy en de privacyverklaring van Californië op https://art19.com/privacy#do-not-sell-my-info.

Law School
Mastering the Bar Exam: Contracts & Sales Law - Third Party Rights and Obligations - Detailed Analysis (Module Six)

Law School

Play Episode Listen Later Jan 30, 2024 4:14


1. Assignment and Delegation. Assignment of Rights. Definition: Assignment involves transferring contractual rights from one party (assignor) to another (assignee). Effectiveness: For an assignment to be effective, the assignor must intend to make the assignment and not merely promise to assign in the future. Limitations: Assignments that materially change the duties or risks of the obligor, violate the law or public policy, or are prohibited by the contract itself, are not allowed. Delegation of Duties. Definition: Delegation is the transfer of contractual duties from one party (delegator) to another (delegatee). Obligor's Consent: Generally, contractual duties can be delegated without the obligor's consent unless the contract prohibits delegation or the duties are highly personal in nature. Delegator's Liability: The delegator remains liable to the obligee for the performance of the contractual duty. Rights of the Assignee. Rights Acquired: The assignee steps into the shoes of the assignor and acquires the rights under the contract. Enforcement: The assignee can enforce the rights against the obligor, subject to the same defenses the obligor could have raised against the assignor. Notification: It is generally advisable for the assignee to notify the obligor of the assignment to protect their rights. Obligations of the Delegator. Liability: The delegator remains liable for the performance of the contractual obligations unless the obligee agrees to release them and accept the delegatee as the new party to the contract. 2. Third-Party Beneficiary Contracts. Third-party beneficiary contracts create rights or benefits for a person who is not a party to the contract. Intended Beneficiaries. Definition: Intended beneficiaries are those whom the contracting parties intend to benefit at the time of contracting. Rights: Intended beneficiaries can enforce the contract if they meet certain criteria: the performance under the contract must satisfy a duty owed to the beneficiary, and the contract must clearly express an intention to benefit the third party. Vesting of Rights: Rights of the intended beneficiary vest when they learn of and detrimentally rely on the contract, assent to it at the request of the parties, or file a lawsuit to enforce it. Case Example: In Lawrence v Fox (1859), the court held that a third-party beneficiary could sue the promisor directly to enforce the promise. Incidental Beneficiaries. Definition: Incidental beneficiaries are third parties who may benefit from the performance of a contract but for whom the benefit was not intended. Lack of Enforceable Rights: Incidental beneficiaries do not have rights to enforce the contract as they are not the intended focus of the contract. --- Send in a voice message: https://podcasters.spotify.com/pod/show/law-school/message Support this podcast: https://podcasters.spotify.com/pod/show/law-school/support

Investor Connect Podcast
Startup Funding Espresso -- Equity Vesting

Investor Connect Podcast

Play Episode Listen Later Dec 28, 2023 2:04


Equity Vesting Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Vesting is conveying the ownership of equity to the holder. Vesting schedules show the rate at which equity is vested over time. It is used to ensure founders and employees stay with the company till the proposed milestones are achieved. Investors will look for standard vesting schedules on all equity given to founders, co-founders, and employees.   The standard vesting schedule for early-stage companies is a four-year vesting schedule with a one-year cliff for founders and employees. The one-year cliff means the vesting starts after one year but conveys equity each month thereafter. At the end of the first year, the holder receives one-quarter of the equity. Fully vested means that all ownership has been conveyed to the holder.  For founders and cofounders, the vesting schedules should be the same even if the equity percentages are different. The standard vesting for advisors and directors is 2 years with a 3-month cliff. In some cases, the founders can get double trigger acceleration. This accelerates the vesting if two events happen at the same time such as the founder leaves and the company undergoes an acquisition. Vesting is a key concept in equity that founders should understand.   Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .

Investor Connect Podcast
Startup Funding Espresso – Key Equity Terms

Investor Connect Podcast

Play Episode Listen Later Dec 12, 2023 2:17


Key Equity Terms Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Equity represents the ownership stake in a startup. Here are some key terms to know about equity. Vesting -- the transfer of equity ownership from the company to the employee.   A typical vesting schedule is four years. Each month a portion of the promised equity is vested which gives the employee ownership over that portion. One-year cliff -- this term is used with vesting and indicates vesting starts after one year. Companies do this to encourage employees to stay at least a year.  Options -- a contract giving the holder the right to buy shares at a specified price later. Strike price -- this is the price the holder will pay for the options. The difference between the strike price and the market price is the gain the holder receives. Stock options -- for non-qualified stock options you'll need to pay tax on the difference between the strike price and the market price.  For incentive stock options, you'll pay capital gains tax on the gains when you sell the shares. Liquidity event -- this is an event such as selling the company or going public on the stock exchange.   It creates liquidity for the shareholders. Preference stack -- this is the order of payout to the shareholders based on term sheet clauses.  This puts some shareholders first by way of a liquidity preference.  The remaining shareholders get paid from the remaining proceeds. Consider these terms when dealing with equity negotiations at a startup.   Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .

What God is Not
Vesting Bishops

What God is Not

Play Episode Listen Later Dec 6, 2023 68:41


We're in person this week! This week Father Michael walks through the prayers that are said as a bishop is vested at a hierarchical Divine Liturgy. Plus we've got a minitopic on confession.References:CSYSK Episode on Priestly Vesting PrayersLord of the World by Robert Hugh BensonFollow and Contact Us!Follow us on Instagram and FacebookWe're on YouTube!Join our Goodreads GroupFr. Michael's TwitterChrist the Bridegroom MonasteryOur WebsiteOur NonprofitSupport the show

Loan Officer Training with The Mortgage Calculator
Loan Officer Training 11/29/2023 Title & Vesting Conditions

Loan Officer Training with The Mortgage Calculator

Play Episode Listen Later Nov 30, 2023 30:38 Transcription Available


Welcome to a pivotal episode of "Loan Officer Training." In this session, we're delving into the essential realm of "Title & Vesting Conditions."Understanding title and vesting conditions is a cornerstone of successful loan origination. In this episode, we'll guide you through the intricacies of evaluating and addressing title-related matters and vesting conditions. From ensuring clear ownership to navigating potential challenges, we'll provide insights to help you navigate this crucial aspect of the lending process.Tune in to gain valuable expertise in managing title and vesting conditions effectively. We'll share best practices, industry insights, and practical tips to enhance your ability to address these conditions with confidence. Join The Mortgage Calculator at https://themortgagecalculator.com/joinCatch all the episodes of the Loan Officer Training Podcast at https://themortgagecalculator.com/Page/Loan-Officer-Training-Series-Podcast Catch all the episodes of the Loan Officer Training Podcast at https://themortgagecalculator.com/Page/Loan-Officer-Training-Series-PodcastLoan Officers for Unlimited Free Non-QM Leads & Trainings Join The Mortgage Calculator at https://themortgagecalculator.com/joinThe Mortgage Calculator is a licensed Mortgage Lender (NMLS #2377459) that specializes in using technology to enable borrowers to access Conventional, FHA, VA, and USDA Programs, as well as over 5,000 Non-QM mortgage loan programs using alternative income documentation! Using The Mortgage Calculator proprietary technology, borrowers can instantly price and quote thousands of mortgage loan programs in just a few clicks. The Mortgage Calculator technology also enables borrowers to instantly complete a full loan application and upload documents to our AI powered software to get qualified in just minutes! Our team of over 350 licensed Mortgage Loan Originators can assist our customers with Conventional, FHA, VA and USDA mortgages as well as access...

Startup Savants
The Basics to Startup Legal With Venturous Counsel

Startup Savants

Play Episode Listen Later Nov 1, 2023 54:49


This week we are joined by Aravinda Seshadri founder of Venturous Counsel, a startup law firm specializing in helping diverse-led startups and their allies navigate the legal complexities of entrepreneurship. The pair chat about the insights and advice on the basics of startup legal, covering topics such as equity distribution, founder shares, funding options, building strategic partnerships, and much more. Whether you're an aspiring entrepreneur or a seasoned startup founder, this episode is packed with valuable information to help you navigate the legal landscape and set your startup up for success.Venturous Counsel Links:https://www.venturouscounsel.com/ https://www.linkedin.com/in/aravindas/Startup Savant Links: https://startupsavant.com/podcasthttps://www.youtube.com/@StartupSavantPodcast/https://www.instagram.com/startupsavantpodcast/https://www.linkedin.com/company/startup-savant/

Dear Bernadebt Joy
Episode 6: The RSU Millionaire: How to Build Wealth with Restricted Stock Units

Dear Bernadebt Joy

Play Episode Listen Later Oct 17, 2023 16:16


Hi y'all, Stefanie coming to you solo today to talk about RSUs (Restricted Stock Units)! I personally leveraged RSUs to build around $200k of my networth and I want to make sure you know the ins and outs of how they work WAY EARLIER than I did.   Did you also know I left over $100k UN-vested when I left my job in 2022?  I'll share how having a PLAN for your RSUs helps aid in decisions such as this + share how this could be great scenario to test out when you fill out my independence planner.    I hope this episode helps you take advantage of your RSUs… or future awards! Today we cover: What RSUs are How RSUs actually work (vesting, taxes, etc) How RSUs can be used to build wealth Tips for how you can best manage your RSUs… aka have a plan and strategy. How you can find Bernadette & Stef: Follow Bernadette on Instagram at https://www.instagram.com/bernadebtjoy/ You can grab Bernadette's FREE guide on The 10 Money Tools You Need Right Now at www.crushyourmoneygoals.com/freeguide Follow Stefanie on Instagram at https://www.instagram.com/womenswealtheffect/ You can download Stefanie's FREE Independence Planner to help you create clarity, control and confidence with your financial independence journey at www.womenswealtheffect.com/planner  Resources from today's episode:  Common types of vesting schedules:  One-year cliff vesting: All of the RSUs vest at the end of the first year of employment. Three-year cliff vesting: All of the RSUs vest at the end of the third year of employment. Four-year cliff vesting: All of the RSUs vest at the end of the fourth year of employment. Back-loaded vesting: A larger percentage of the RSUs vest in the later years of the vesting schedule. For example, 50% of the RSUs might vest in the fourth year and 50% of the RSUs might vest in the fifth year. Performance-based vesting: A portion of the RSUs vests based on the employee's performance against certain goals. Companies may also use a combination of these vesting schedules. If you have questions about RSUs or Vesting schedules email Stefanie at womenswealtheffect@gmail.com

Loan Officer Training with The Mortgage Calculator
Loan Officer Training 10/11/23: Property Vesting

Loan Officer Training with The Mortgage Calculator

Play Episode Listen Later Oct 11, 2023 25:09 Transcription Available


Welcome to a critical episode of "Loan Officer Training" where we tackle the pivotal topic of Vesting for Business Loans.In this session, we explore the ins and outs of how vesting works in the context of securing business loans. Understanding the various vesting options and their implications on loan agreements is vital for any loan officer. We'll walk you through the key considerations and shed light on the best practices in navigating this essential aspect of lending.Tune in to enrich your knowledge and skills, ensuring you're well-equipped to guide your clients through the intricacies of vesting when applying for business loans. Let's dive deep and master this crucial facet of the lending landscape.Join The Mortgage Calculator at https://themortgagecalculator.com/joinCatch all the episodes of the Loan Officer Training Podcast at https://themortgagecalculator.com/Page/Loan-Officer-Training-Series-Podcast Catch all the episodes of the Loan Officer Training Podcast at https://themortgagecalculator.com/Page/Loan-Officer-Training-Series-PodcastLoan Officers for Unlimited Free Non-QM Leads & Trainings Join The Mortgage Calculator at https://themortgagecalculator.com/joinThe Mortgage Calculator is a licensed Mortgage Lender (NMLS #2377459) that specializes in using technology to enable borrowers to access Conventional, FHA, VA, and USDA Programs, as well as over 5,000 Non-QM mortgage loan programs using alternative income documentation! Using The Mortgage Calculator proprietary technology, borrowers can instantly price and quote thousands of mortgage loan programs in just a few clicks. The Mortgage Calculator technology also enables borrowers to instantly complete a full loan application and upload documents to our AI powered software to get qualified in just minutes! Our team of over 350 licensed Mortgage Loan Originators can assist our customers with Conventional, FHA, VA and USDA mortgages as well as access...

Coffee Sometimes
Q&A – Roastery Startups, Bookkeeping Tips, Vesting Schedules, OH MY! – 09/27/2023

Coffee Sometimes

Play Episode Listen Later Sep 28, 2023 72:29


Thanks for listening, following/subscribing, giving us a good review, and sharing with your friends on social media. It goes a long way!We taste a banger of a coffee from Touchy Coffee brewed on our new toy, the Next Level Pulsar, followed by answering some listener questions on a VARIETY of topics, including hidden costs associated with starting a coffee roastery, bookkeeping, operating agreements and more. Thanks for listening!Buy Valor Coffee: https://valor.coffee/shop00:00:00 Intro00:01:40 Coffee Review: Valor Coffee Freethrow00:27:37 Unreasonable Hospitality Chapter 20 & Epilogue00:39:46 Our Chat w/ Our Espresso Tech, Caleb Hall of Bronnie's01:38:09 OutroWatch on Youtube: https://youtube.com/valorcoffee16Want to become a Wholesale Partner? Email us at wholesale@valor.coffee to set up an account!Follow Coffee Sometimes: http://instagram.com/coffeesometimespodFollow Valor: http://instagram.com/valor.coffee____Subscribe to Riley's YouTube Channel:  https://youtube.com/@rileywestbrookFollow Riley:  https://instagram.com/rileywestbrookFollow Ross: https://instagram.com/rosswaltersFollow Ethan's Parody Account:  https://instagram.com/ethanrivers777

The BetterWallet
Your Vesting Schedule: What Your Employer Does't Want You To Know

The BetterWallet

Play Episode Listen Later Aug 15, 2023 24:15


Check out my resources!Click Here To Join The Financially Bulletproof Investing Course! Click Here To Download my Free Financially Bulletproof Checklist---Welcome to the BetterWallet podcast! In this episode, I will break down a crucial topic that often goes unnoticed—your vesting schedule. You might be unfamiliar with the term, but it holds significant implications for your financial future. Join me as I break down the ins and outs of vesting schedules, their impact on your retirement savings, and why they deserve your attention.Timestamps:[00:00] - Introduction to vesting schedules.[01:50] - Matching contributions explained clearly.[04:40] - Different types of vesting schedules.[06:50] - Graded vesting over several years.[09:20] - Reasons behind employer vesting schedules.[11:40] - Importance of diversity and inclusion.[13:40] - Personal example of potential loss.[15:40] - Taking proactive action to understand.[17:50] - Employers won't remind you.[19:40] - Implications of leaving early.[21:30] - Encouragement for rating and review.[22:00] - Signing off the BetterWallet podcast.--- Connect with Me! Instagram: @BetterWallet TikTok: @BetterWallet Twitter: @TheBetterWallet YouTube: @BetterWallet

Financial Decoder
How Can You Maximize Your Employee Benefits?

Financial Decoder

Play Episode Listen Later Aug 7, 2023 43:55


Many people's financial lives are deeply intertwined with their employee benefits. Saving for retirement in a 401(k) is a vital part of many of our financial plans. And an increasing number of employees receive restricted stock units as part of their compensation package—or they enroll in their employer's Employee Stock Purchase Plan. Is there a holistic approach to treating financial planning when so much is tied to one's employer?In episode of Financial Decoder, we dig into the details of how to maximize your workplace benefits. First, Mark speaks with Brian Bender, head of Workplace Financial Services at Schwab. They discuss the three most important things people need to know about their 401(k) plan, changing jobs, how to get more engaged in your retirement savings, what learning resources are available, and much more.Next, Mark talks with Chris Genetti. Chris is a CERTIFIED FINANCIAL PLANNER™ professional and corporate financial consultant at Schwab, based in Santa Clara, California. Mark and Chris discuss the role of equity compensation in a financial plan, what financial wellness looks like, and some new directions in employee benefits.Follow Financial Decoder for free on Apple Podcasts or wherever you listen.Financial Decoder is an original podcast from Charles Schwab. For more on the series, visit Schwab.com/FinancialDecoder.If you enjoy the show, please leave us a rating or review on Apple Podcasts. Important Disclosures:Investors should consider carefully information contained in the prospectus, or if available, the summary prospectus, including investment objectives, risks, charges and expenses. You can obtain a prospectus, or if available, a summary prospectus by visiting schwabassetmanagement.com. Please read it carefully before investing.The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.This information does not constitute and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, Schwab recommends consultation with a qualified tax advisor, CPA, financial planner, or investment manager.Diversification strategies do not ensure a profit and do not protect against losses in declining markets.​Supporting documentation for any claims or statistical information is available upon request.A rollover of retirement plan assets to an IRA is not your only option. Carefully consider all of your available options which may include but not be limited to keeping your assets in your former employer's plan; rolling over assets to a new employer's plan; or taking a cash distribution (taxes and possible withdrawal penalties may apply). [Prior to a decision, be sure to understand the benefits and limitations of your available options and consider factors such as differences in investment related expenses, plan or account fees, available investment options, distribution options, legal and creditor protections, the availability of loan provisions, tax treatment, and other concerns specific to your individual circumstances.Money market funds are neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors.Schwab Stock Plan Services provides equity compensation plan services and other financial services to corporations and employees through Charles Schwab & Co., Inc. ("Schwab"). Schwab, a registered broker‐ dealer, offers brokerage and custody services to its customers.Workplace Financial Services is a business enterprise which offers products and services through Schwab Retirement Plan Services, Inc.; Schwab Stock Plan Services; and Designated Brokerage Services. Schwab Retirement Plan Services, Inc., provides recordkeeping and related services with respect to retirement plans. Schwab Stock Plan Services is a division of Charles Schwab & Co., Inc. providing equity compensation plan services and brokerage solutions for corporate clients. Schwab Designated Brokerage Services (DBS), a division of Charles Schwab & Co., Inc., provides technology solutions for corporate clients with regulatory requirements to monitor employee security transactions.  which.  Schwab Retirement Plan Services, Inc., and Charles Schwab & Co., Inc. (“Schwab”) (Member SIPC) are separate but affiliated entities, and each is a subsidiary of The Charles Schwab Corporation.Vesting means ownership of your account or your entitlement to benefits. You are always 100% vested in any contributions that you make to your retirement plan, even if you leave your employer. However, depending on what type of retirement plan you have and the choices your employer has made about the benefits under the plan, vesting of employer contributions may be immediate or may take up to seven years. Your plan's disclosure documents will contain the specific vesting schedule.(0823-33SL)