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I will revise your llc agreement for updated ownership terms
Licensed US Attorney, Corporate and LLC Law Expert
I am Thomas Ryan Krause (Bar #318194), a licensed U.S. attorney specializing in corporate law, LLC governance, and business contracts. Your operating agreement is the foundation of your business; a po...
About this Gig
Changing the ownership structure of an LLC is one of the highest-risk events for a business. Transferring equity, bringing on new partners, or buying out departing members without rock-solid legal documentation can lead to lawsuits and loss of your company.
I am Thomas Ryan Krause (Bar #318194), a licensed U.S. attorney specializing in corporate structuring. I will carefully revise your LLC operating agreement to reflect updated ownership terms while heavily protecting the remaining members.
My Services Cover:
- Equity Transfers: Legally reallocating ownership percentages.
- Adding New Members: Drafting joinder agreements and updating capital contribution logs.
- Member Buyouts/Exits: Structuring the safe departure of a partner and release of liability.
- Transfer Restrictions: Adding Right of First Refusal (ROFR) and buy-sell provisions to control future equity sales.
Protect your ownership rights with precision legal drafting. Message me your current LLC agreement and your new equity goals to get started!
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 information do you need to add a new partner?
I will need their full name, their exact capital contribution (cash or services), and the specific equity percentage they are receiving.
Does this gig include a separate Buyout Agreement?
The Premium package includes the drafting of necessary buyout terms to update the operating agreement. For standalone purchase agreements, message me.
Can you add rules preventing a partner from selling their share to a stranger?
Yes, I highly recommend adding a "Right of First Refusal," which I can draft for you in the Standard or Premium package.
What is a Joinder Agreement?
A joinder is a legal document where a new partner officially agrees to be bound by the rules of the existing LLC operating agreement.
Are these documents ready to sign upon delivery?
Yes, all documents will be properly formatted and ready for the members' signatures upon delivery.
