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Create New partner equity agreement for GA LLC
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Legal > Contracts

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The client has made the following changes to the job.

Description
Date

Job canceled.

Apr 26, 2013

Bidding period extended.

Apr 24, 2013
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Job Description

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  • Posted: Tue, Apr 23, 2013
  • Time Left: Closed
  • Location: United States
  • Client prefers freelancers from:
    United States

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    The client prefers freelancers from
    a different location.

    You're still able to submit a proposal for this job, regardless of your location.
  • Start: Immediately
  • Hourly Rate: Not Sure
  • Hrs/wk: Not Sure | Duration: Not Sure
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We're currently bringing on a new partner in a 3 year old LLC and need a legal expert to draft an agreement/contract that gives the new potential partner an equity percentage based on the new potential partner meeting certain milestones.


Here are the milestones we've collectively agreed upon :

New partner receives 2% for the following:
Completes mutually agreeable Requirements documentation in mutually agreeable timeline.
Assists with creation of Technical Specifications documentation in a supporting / advising role: whereby, new potential partner is only responsible for ensuring the final Tech Specs documentation is completed and meets industry standards, but is not responsible for personally drafting the document

Also:
TBN Personal Capital Investment
TBN - Receive an additional mutually agreed upon percentage (at least 1%) if engaged to fill or assist with other roles (e.g Product Management, QA, Marketing, Resource procurement, etc.). These percentages will be negotiate...

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Job ID: 40680745
 
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