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I will draft an ironclad startup deadlock resolution agreement
Licensed US Attorney, Startup Governance, Founder Agreements
I am David Benton Wilshin, a Licensed US Attorney (Bar #51831) specializing in corporate governance, startup law, and founder dispute resolution. A poorly structured partnership can destroy a great id...
About this Gig
When 50/50 founders disagree on a critical business decision, the company freezes. This is called a deadlock, and without a legal mechanism to resolve it, your startup could face bankruptcy or court-ordered dissolution.
As a Licensed US Attorney (Bar #51831), I draft precise Deadlock Resolution Agreements designed to keep your business moving. Whether you prefer a "Texas Shootout," "Russian Roulette," a neutral mediator clause, or a tie-breaker board member provision, I will draft a legally binding mechanism tailored to your startup's specific jurisdiction and corporate structure (LLC or C-Corp).
What is included:
- Clear definitions of what constitutes a deadlock
- Step-by-step resolution frameworks
- Buy-sell triggers in the event of an unsolvable dispute
- Customized drafting conforming to US state laws
Do not leave your company's future to chance. Protect your operations from internal paralysis. Select your package to get started immediately.
Field of law:
Business (corporate)
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Intellectual property
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Tax
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.
Other Legal Consulting Services I Offer
FAQ
What happens if we don't have a deadlock agreement?
If founders cannot agree, the business halts. Eventually, one party may sue for judicial dissolution, effectively destroying the company.
Is this for LLCs or C-Corporations?
I can draft deadlock provisions for both Operating Agreements (LLCs) and Shareholder Agreements (C-Corps).
What is a 'Texas Shootout' clause?
It is a common resolution where one founder offers to buy the other's shares at a specific price, and the other must either accept or buy the first founder out at that same price.
Can you add this to our existing contract?
Yes, the Basic package provides a clause you can amend into your current Operating or Founder Agreement.
Are these agreements legally binding in my state?
Yes, as a licensed US attorney, I draft agreements to comply with your specific state’s corporate laws.
