Normally would be done as: he buys stock, the company has "repurchase rights" over those shares, repurchase rights "vest" / "expire" ratable over 3-4rys. (your case 2yrs).
This would be a term in your "Stock Purchase Agreement" (if you were a corp).
This would be a term in your "Stock Purchase Agreement" (if you were a corp).
So how do I determine the price he buys stock at? and do I give him the money for buying it ?
Cheers