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FAQs
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What forms does a Delaware C-Corp operating in California have to file to the CA Secretary of State?
Initially: Statement and Designation by Foreign Corporation (Page on ca.gov) plus a certificate of good standing from DE.Within 90 days and annually thereafter: Statement of Information (Page on ca.gov).
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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.)
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How can I fill out Google's intern host matching form to optimize my chances of receiving a match?
I was selected for a summer internship 2016.I tried to be very open while filling the preference form: I choose many products as my favorite products and I said I'm open about the team I want to join.I even was very open in the location and start date to get host matching interviews (I negotiated the start date in the interview until both me and my host were happy.) You could ask your recruiter to review your form (there are very cool and could help you a lot since they have a bigger experience).Do a search on the potential team.Before the interviews, try to find smart question that you are going to ask for the potential host (do a search on the team to find nice and deep questions to impress your host). Prepare well your resume.You are very likely not going to get algorithm/data structure questions like in the first round. It's going to be just some friendly chat if you are lucky. If your potential team is working on something like machine learning, expect that they are going to ask you questions about machine learning, courses related to machine learning you have and relevant experience (projects, internship). Of course you have to study that before the interview. Take as long time as you need if you feel rusty. It takes some time to get ready for the host matching (it's less than the technical interview) but it's worth it of course.
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How would it play out if part of a state tried to secede to form another state of the Union?
Article 4, Section 3 of the Constitution states:New States may be admitted by the Congress into this Union; but no new State shall be formed or erected within the Jurisdiction of any other State; nor any State be formed by the Junction of two or more States, or Parts of States, without the Consent of the Legislatures of the States concerned as well as of the Congress.This is really not feasible without direct assent from the state being separated from. Both Maine and Kentucky split based on the assent of Massachusetts and Virginia under the Constitution.West Virginia was a wartime ploy, an act that held up due to the acceptance as fact that enough representatives of the state of Virginia showed up at the Wheeling Conventions to justify a state legislature. Lincoln and Congress accepted it, and in 1863, West Virginia was accepted as a state separate from Virginia. In peacetime, this arrangement would never have worked.To get the obstinate California legislature to go along with the notion of several of their prosperous counties just leave is just impossible.
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How does an out-of-state undergraduate student establish California residency to get in-state tuition at a UC school?
As a UC gradute student I was told that the following steps would establish residency: Open a bank account at a local branch with my CA address as contact info, and if possible, change or cancel other accountsRegister to vote in CaliforniaGet a CA drivers license.I did the first two within a week of arriving, and delayed getting a drivers license until February because I did not drive a car. I was able to be approved as a CA resident after the first year. (I think you are asking for undergraduates, so this may not be pertinent to you specifically, but it also answers the question)
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How hard is it to get into a University of California school for out of state residents?
There are a couple of different areas to consider here:Difficulty of which UC campuses you're applying toHow hard it is to get into a UC varies based on the specific UC itself. UC Berkeley and UCLA, being the two most prestigious UCs currently, have the highest application rates, and so are the hardest to gain acceptance to.On this website, we can actually see the data for the admitted freshman of each UC: Campuses | UC AdmissionsTo summarize some of the data for 2013:Berkeley – average admitted SAT: 2080, GPA: 4.18/4 (weighted)LA – average admitted SAT: 2050, GPA: 4.15/4 (weighted)San Diego – average admitted SAT: 1990, GPA: 4.11/4 (weighted)Santa Barbara – average admitted SAT: 1910, GPA: 4.01/4 (weighted)Santa Cruz – average admitted SAT: 1793, GPA: 3.84/4 (weighted)Merced – average admitted SAT: 1630, GPA: 3.59/4 (weighted)Difference of requirements for in-state vs out-of-stateAs for whether or not you are an in-state student vs an out-of-state student, the requirements are largely the same. (Source: Out-of-state students)The one main difference is:You must earn a minimum grade point average (GPA) of 3.4 or better in the 15 college-preparatory courses (a-g courses), with no grade lower than a C.However, if you have grades lower than that anyways, getting into a UC straight after high school would be pretty difficult. In that case, it would likely be better to try to transfer in from a different school or a community college (ideally one from California that has a defined track towards transferring to a UC).Favor towards in-state (or now out-of-state?) studentsOn the page I cited, it specifically states:As a public institution, we prioritize admission for California residents. However, all of our campuses offer admission to out-of-state students. However, there are articles like this (UC System Rejects California Residents in Favor of International Students) that suggests, given California's budget crisis and continual cutting of funding to the UC system, the UC will be accepting more and more out-of-state students.It's also hard to know how much of a difference this really makes. Looking at the data UC Berkeley published here: Student Profile | UC Berkeley Office of Undergraduate Admissions, we see that they actually accepted more out-of-state students than in-state this past year (19.3% out-of-state admission rate vs 18.9% in-state: though this could also be a result of an on average higher caliber out-of-state student applying, but less of them).Application materials consideredUC also doesn't accept any letters of recommendation, so they focus more on grades/SAT than other schools tend to do. Do your best to highlight your other accomplishments in your person statement, but be aware that you won't have letters of recommendation that discuss these accomplishments further.So, really, unless I were to be the actual admissions officer reading your application, it's impossible to say whether you'll get in or not. The numbers I listed above are of course the averages, so many people get in with scores below those (as do people with scores above them). Beyond that, college admissions can so often be a lottery, so just do your best to prepare as well as you can, and hope for the best.
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How do we cancel a joint Development agreement and revoke the power of attorney given to the builder?
As you may already know, a Joint Development Agreement once executed and the process of building the structure has began, it involves the share of the builders as well. It confers on them the power to obtain relevant licenses and grants in their name. In this situation, the agreement can be dissolved by either mutual consent of both the parties or happening of an event that makes the performance of the said agreement, impossible. For example, a defect in the title of the owner of the land, the builders not having certain mandatory certifications etc.Nevertheless, terms and clauses inserted in the JDA (Joint Development Agreement) might vary as according to the convenience of both the parties, therefore the factors which enable a party to cancel the Agreement is as provided in the Agreement itself.Now the power of Attorney, as long as it is revocable, it can be revoked by drafting a revocation deed as both you and the builders to be parties to effect of dissolving their power and publishing it in the daily newspaper. In case the Power of Attorney is a registered one, the said revocation deed should also be registered and notarised.In the light of section 202 of the Indian Contracts Act, where the person in whose favour POA is created has an interest in the subject matter, such POA cannot be terminated without a express contract between both the parties agreeing to the same.Thus it is essential that you and the builders are in agreement in order to cancel a JDA as well as the POA executed in their favour.
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In the state of California, if you rent and use a portion of your home for office use, can you rent additional space out for shared office space? If so, how could you structure such an agreement?
If zoning and local land use law allows it you can. However your question is a bit dodgy.. since at first glance I though you meant rent a different office space (such as shared office space in a different location for your use). Federal tax law does not allow you to deduct a home office if you have alternate office space available.
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