A Y Combinator-developed instrument giving investors the right to receive equity in a future priced round, without a maturity date or interest rate. Massachusetts's regulated legal climate creates specific considerations for SAFE drafting and enforcement.
Analyze Your SAFE Free →Massachusetts Non-Competition Agreement Act (2018) requires garden leave pay and limits duration to 12 months.
MA requires employers to pay at least 50% of base salary during non-compete period as garden leave.
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