Next Up Previous Contents Index
Next: Regular Meetings Up: Information Letter 5 Previous: What Happens Next

Just a Few More Little Things

  Included with this mailing is a W-4 form for tax withholding which, even though we are paying salaries at the staggering rate of $1/year, we must have from all employees. We don't yet know how this works for overseas people, so if you're one of them just keep the form for the moment until we find out from the U.S. tax people. U.S. people, please fill out the form and return it to us in the enclosed SASE.

If you are a non-California resident, you will also find enclosed an employee agreement. This agreement has already been executed by all the California people. We must have this agreement as evidence of employment before we can issue the employee stock option that you will use to acquire your original share in the company. A duplicate agreement is enclosed for your records.

Bob Tufts has asked us to inform all participants that if they feel that their interests are being violated by the corporation, they are urged to contact their own legal counsel. This information was passed on to all people in the initial offering, and I am repeating it here for completeness.


Editor: John Walker