I'm getting gifted transfer of 'stock' of up $10,000\ 2 years max (not including salary increases, ect...which edge the % value greatly) up to aprox. $1,000,000+/- with assets, ect depending on appreciation or depreciation of company value with a 24.5% share of the company when it's all said and done. Anything above 24.5% will be purchased by me and I will have a split ownership control totally at 25.5% + with payments going back to the holder of the lesser ammount (49%) in the form of a gradual buyoff.
It's all very exciting/new/scary. Won't mean too much for a few years really. I know what I posted doesn't make a ton of sense the way it's written. It's all very foriegn to me, but yeah...It's good news.
This doesn't mean i'm a millionaire or something it just means i'm on my way to becoming an executive of my current company as the boss starts moving towards retirement.
:D :D :D :D