I am working with a team of four people on starting a new business. 
Two of us are americans (an investment banker and a lawyer), the other
two are Asian (entrepreneurs).  We are starting an Advisory and
Private Equity firm for European and/or American investors who are
considering to make investments in emerging markets.

My friend and I (the americans) bring knowledge (we created the
business plan, know how to run it), contacts, management experience.

The Asians bring part of the start-up cash, local knowledge, and local contacts. 

1. How do we divide equity among the four of us (I am looking for
precedents here from other similar businesses or case-studies)?
2. What happens if at a later stage we were to receive Venture Capital
funding ourselves (i.e. how would the equity stakes be re-drawn then)?
3. We do not yet have all the human capital we need in order to begin
the business.  How do we attract talent by offering them equity?
(again precedents/ case-studies of how much equity to we need to offer
to say a CEO that we plan to hire. Do we need to pay him a salary?)
4. What happens if one or more of the parties does not do fully what
he has promised to do at the on-set?  Thus, is it possible to create a
"dynamic" equity structure rather than a static one that can be
adjusted up or down as things progress.

Time: A pre-liminary answer by March 30th 1300 hrs (01:00 pm) EST please. 
Thanks!