I will draft a restricted stock purchase agreement for startup founders
Licensed US Attorney : Strategic Legal Counsel for Startups and Founders
About this Gig
Issuing equity subject to vesting requires a highly specific legal instrument: The Restricted Stock Purchase Agreement (RSPA). If a founder leaves early, the company must have the legal right to repurchase their unvested shares.
As a licensed U.S. Attorney, I draft airtight RSPAs that enforce "reverse vesting," protecting your cap table from dead equity. Furthermore, navigating restricted stock requires strict attention to tax implications, specifically the Section 83(b) election.
My Legal Drafting Includes:
- Customized reverse vesting schedules (time-based or milestone-based)
- Company repurchase options upon termination
- Acceleration clauses (Single-trigger or Double-trigger)
- Strict transfer restrictions
- Spousal consent provisions (crucial for community property states)
I provide meticulous, legally compliant agreements that give founders peace of mind and make your startup fully investable for future funding rounds.
Do not risk your startup's equity structure. Order your professionally drafted Restricted Stock Purchase Agreement now.
Field of law:
Business (corporate)
Document type:
Founders agreement
Legal consulting Gigs are not screened
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
What is reverse vesting?
Reverse vesting means you own the stock immediately, but the company has the right to buy back unvested shares if you leave the startup before a certain date.
Do you provide the 83(b) election form?
Yes, the Standard and Premium packages include a drafted 83(b) election form, which must be filed with the IRS within 30 days of the stock grant.
What are acceleration clauses?
These clauses dictate if a founder's shares automatically vest in the event the company is acquired or the founder is terminated without cause.
