I will prepare a founder vesting agreement and equity allocation contract
Licensed US Attorney, Startup, Corporate and Equity Law Expert
About this Gig
Implement the "Golden Handcuffs" to secure your startup's future.
I am Patrick W. Murphy, a licensed U.S. Attorney (Bar No. #001475). Giving away equity without a vesting schedule is one of the most fatal mistakes a founder can make. If a partner leaves early without vesting, they take a massive chunk of your company with them.
I draft highly enforceable Vesting Agreements and Equity Allocation contracts to ensure equity is earned, not just given.
What is included:
- Customized Vesting Schedules (e.g., standard 4-year with 1-year cliff)
- Milestone-based and performance-based equity allocation
- Acceleration clauses (Single-trigger & Double-trigger upon acquisition)
- Repurchase rights for unvested shares
- Restricted Stock Purchase Agreements (Premium)
I ensure your capitalization table remains clean, functional, and highly attractive to future investors. Don't leave your startups equity unprotected.
Send me a message with your equity allocation goals, and let's lock in your company's foundation legally and securely.
Field of law:
Business (corporate)
Target country:
United States
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 1-year cliff?
A "cliff" means no equity vests until the founder has stayed with the company for a full year. If they leave at month 11, they walk away with 0%.
Do you include single or double-trigger acceleration?
Yes, the Premium package allows for single or double-trigger acceleration, which protects founders' equity if the company is acquired or they are terminated without cause.
Is this different from a standard co-founder agreement?
Yes. A co-founder agreement governs the whole relationship, while a Vesting Agreement specifically dictates how and when shares are legally earned and released over time.
Do you provide guidance on 83(b) elections?
The Premium package includes the legal framework and informational clauses regarding the critical 83(b) tax election for founders receiving restricted stock.
Can vesting be based on milestones instead of time?
Absolutely. I can draft the agreement so that shares vest upon the completion of specific targets (e.g., launching an MVP, hitting a revenue goal) rather than just time passed.
