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FAQ

As the company, how do I correctly fill out a Stock Power as part of a stock purchase agreement?
The Stock Power in question evidently is an exhibit to a Stock Purchase Agreement by which the OP is purchasing restricted stock that is subject to forfeiture or repurchase by the company, entirely or in part, probably based on how long the OP continues to work with the company.Yes, just signing is the proper thing to do (from the company’s perspective) because at this time it is not known whether, or to what extent, the OP’s shares will be subject to forfeiture or repurchase.So, if and when the time for forfeiture or repurchase arrives, the company will fill in the rest of the Stock Power to transfer the forfeited or repurchased shares to the company - you will keep the shares that have vested as of that time.For the OP’s comparison, and for the benefit of Quorans who are not familiar with such Stock Powers, here is the text of the instructions that I put at the bottom of a Stock Power:(Instruction: Please do not fill in any blanks other than signing at the signature line. The purpose of this Stock Power is to enable the Company to exercise its right to reacquire Restricted Shares in the circumstances provided in the Restricted Stock Agreement without requiring an additional signature by the Grantee.)
I’m going to raise funds for a storage startup, what should I not leave out in the shareholders agreement?
Lawyer here, +1 David S. Rose’s answer. The shareholder agreement, itself, is just one of a half dozen or more documents that are interrelated and together add up to your promises that you are making to yourself, to your company, to other shareholders, and even to potential investors and, indirectly, your future customers. If you have any thought of seeking funding from investors, it’s critical that you talk with a business attorney before doing anything else. You can find some on platforms like Gust Launch or by contacting the bar association of your state and asking for a referral to a startup or business attorney.
Can the city order you to clean out vehicles you use for storage?
Depends on your city - I'll use mine as an example. I am not allowed to keep a non-running car outdoors, even if it's on my own driveway. It must be in a garage. Even if it did run just fine, but I was using it as storage and never drove it anywhere, they would likely slap a notice on it giving me 96 hours to move it to a garage. I don't think they could/would force me to clean the interior of the car, but they would tow it away and charge me the tow truck fee if I failed to act on the notice before 96hrs. In this day and age most cities will have a public website where you can view all these pesky little rules.