I will prepare a bulletproof founder equity distribution agreement
Licensed US Attorney, Premium Startup and Corporate Law
About this Gig
Distributing equity is the most critical financial decision a startup will make. Done incorrectly, you risk giving away permanent control to a founder who stops contributing. As a licensed U.S. attorney (Bar No. #010450), I draft elite Founder Equity Distribution Agreements designed to protect the companys long-term interests.
I do not use generic, one-size-fits-all templates. Every document is strategically drafted to reflect standard Silicon Valley protection mechanisms.
Key Features Available:
- Vesting & Cliffs: Ensure equity is earned through continued service.
- Good Leaver / Bad Leaver Clauses: Define exactly what happens to a founder's equity if they resign amicably versus being terminated for cause.
- Repurchase Rights: Give the company the legal right to buy back unvested shares.
- Performance Milestones: Tie equity distribution to specific business goals.
Protect your equity pool before you issue a single share. Secure a premium, legally binding contract drafted by a trusted U.S. corporate attorney. Order your package today
Field of law:
Business (corporate)
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International
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Commercial
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 a Good Leaver/Bad Leaver clause?
It dictates equity retention. A "Good Leaver" (e.g., leaving due to illness) may keep vested shares. A "Bad Leaver" (e.g., fired for fraud) may forfeit their shares entirely.
What is a cliff in equity distribution?
A cliff is a waiting period (usually 1 year) before any equity vests. If a founder leaves before the cliff, they receive 0% equity.
Can we tie equity to performance rather than time?
Absolutely. The Premium package can be customized to distribute equity based on specific revenue, development, or funding milestones.
Can this replace a company operating agreement?
No. This agreement specifically governs equity distribution. It works alongside your Operating Agreement or Corporate Bylaws.
Will this hold up in a court of law?
Yes. As a licensed U.S. attorney, I ensure the legal phrasing is precise, enforceable, and compliant with U.S. corporate standards.
