I will draft a custom startup buy sell agreement for founders
Licensed US Attorney : Premium Legal Protection for Startups and Founders
About this Gig
A Buy-Sell Agreement is essentially a "prenup" for your business. If a co-founder dies, divorces, goes bankrupt, or simply walks away, this document dictates exactly what happens to their equity. As a licensed U.S. attorney (Bar #364375), I draft sophisticated Buy-Sell Agreements that prevent hostile takeovers and keep equity in the hands of the active founders.
This is a highly complex, premium legal document that requires extreme precision to protect the company's valuation and continuity.
What this Gig includes:
- Right of First Refusal (ROFR) & Right of First Offer (ROFO)
- Clear trigger events (Death, Disability, Divorce, Bankruptcy, Termination)
- Precise business valuation formulas (Book value, Multiple of EBITDA, or Appraisal)
- Funding mechanisms (e.g., via life insurance policies)
- Payment terms for equity buyouts
- Spousal consent waivers (Crucial for community property states)
Protect your business from unexpected life events. Choose your package to secure your company's ownership structure.
Field of law:
Business (corporate)
Document type:
Founders agreement
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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.
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FAQ
What triggers a buy-sell agreement?
Common triggers include a founder's death, long-term disability, divorce, bankruptcy, or voluntary resignation.
How is the equity valued in this agreement?
We can utilize a fixed price, a formula based on revenue/EBITDA, or mandate an independent third-party appraisal.
Why do I need a spousal consent form?
In community property states, a spouse may have a legal claim to a founder's equity in a divorce. This form waives that right.
