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welcome to stock option counsel Im Mary Russell Im an attorney and I counsel individuals on their stock options and other equity compensation I sometimes work with founders who are joining a startup that is already represented by company counsel which is the only way to join a startup but they want to also know about their personal interests and they want their own counsel to take a look at their documents and talk them through the issues so Im going to run through for you today a few the considerations that I work with on clients in this situation to protect their personal interests the first is to make sure that the company has counsel engaged to prepare the company structure and the documentation this is not a kind of a homemade legal work project if youre going to put your time into joining a company like this and creating a product it makes sense to get it done right from the beginning once that basic point is established then people want to make sure that the equity split is