Thank you for your response.
Yes, in your operating agreement, you can give each member a 1% share and then state in the agreement that their 1% share will not vest until they have completed 5 years and until that time each 1% share has a value of only $1 if they leave prior to 5 years and after 5 years the 1% value is the actual 1% value of the net value of the company.
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