Edmunds Legal Announces SoliSYSTEMS Acquistion by NationsBenefits

Edmunds Legal, PC represented SoliSYSTEMS, a flex benefit card technology company, in its acquisition by NationsBenefits, a leading provider of supplemental benefits, flex cards, and member engagement solutions for health plans. More information about the companies and the transaction can be found here: https://www.businesswire.com/news/home/20221010005188/en/NationsBenefits-Acquires-SoliSYSTEMS-to-Expand-its-Flex-Benefit-Card-Technology

Let’s talk about vesting.

What does vesting mean? Founders and key employees are often granted shares of stock or options to purchase shares of stock with vesting.  Vesting means that the founder/key employee will earn the shares over time by continuing to provide services to the company.  How does vesting work? Startups are generally set up with shares vestingContinue reading “Let’s talk about vesting.”