I will prepare legal startup equity subscription contracts
Licensed US Attorney, Corporate and Startup Law Expert
About this Gig
Distributing equity is the most sensitive transaction a startup will undertake. Without strict legal boundaries, giving away equity can destroy a company's valuation and founder chemistry. As a licensed US Attorney (Bar #121020), I draft robust Startup Equity Subscription Contracts designed to protect your business while fairly compensating co-founders, key employees, or advisors.
An equity contract is more than a promise; it is a legally binding framework dictating how ownership is earned and retained over time.
Contract Features:
- Detailed Vesting Schedules (e.g., 4-year vesting with a 1-year cliff).
- Good Leaver / Bad Leaver provisions.
- Acceleration clauses for change of control.
- Repurchase rights and transfer restrictions.
I ensure your equity agreements are attractive to talent but fiercely protective of the company's cap table. By establishing clear legal boundaries today, you prevent catastrophic equity disputes tomorrow.
Choose the package that fits your equity structure and order now for prompt, professional legal drafting.
Field of law:
Finance
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Business (corporate)
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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 vesting schedule?
It is a timeline determining when a person actually owns their equity. If they leave early, they forfeit unvested shares. I highly recommend including this.
What is a "cliff" in equity?
A cliff is a probationary period (usually 1 year). If the person leaves before the cliff, they get zero equity.
Can I use this for advisors or just employees?
This contract can be customized for co-founders, key employees, or strategic advisors. Just specify the role in the requirements.
How do "Leaver" provisions work?
They dictate what happens to vested equity if someone is fired for cause (Bad Leaver) versus resigning on good terms (Good Leaver)
Do I need a separate document for my cap table?
This gig provides the legal contract for the equity grant. You will use the data from this contract to update your own cap table spreadsheet.
