I will draft a restricted stock purchase agreement with vesting for founders
Licensed US Attorney, Corporate Equity and Contract Expert
About this Gig
Starting a company with co-founders requires strict legal boundaries. If a founder leaves early with their full equity, your startup could become un-investable. As a licensed US Attorney (Bar #201875), I specialize in drafting Restricted Stock Purchase Agreements designed specifically to protect startups from early founder departures.
I will draft a comprehensive agreement that includes a legally enforceable vesting schedule (e.g., 4-year vesting with a 1-year cliff), ensuring founders earn their equity over time. My drafting clearly defines the company's repurchase rights, transfer restrictions, and conditions upon termination of employment (cause vs. without cause).
Additionally, I can structure single or double-trigger acceleration clauses for change-of-control events. Do not rely on internet templates for your cap table. Get a professionally drafted Restricted Stock Agreement that complies with US corporate law and prepares you for future venture capital.
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Please note that there is no screening process for this service. We recommend that you message the freelancer and check all necessary details before placing your order. Pro freelancers in this category have gone through a vetting process. You can find more details here.
FAQ
Do you file the 83(b) election with the IRS?
No, I do not file taxes. However, my Premium package includes the required 83(b) election paperwork for the founder to sign and mail themselves.
Can you do custom vesting schedules?
Yes, whether it's milestone-based vesting or custom time-based schedules, I can draft it in the Standard and Premium packages.
What is a "cliff"?
A cliff is a period (usually 1 year) where no equity vests. If a founder leaves before the cliff, they get no stock. I include this standard.
