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Option Agreement
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Legal > Contracts

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The client has made the following changes to the job.


Job awarded.

Jul 24, 2012

Job Description

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Invite-Only Job
  • Posted: Tue, Jul 24, 2012
  • Time Left: Closed
  • Location: Anywhere
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  • Start: Immediately
  • Budget: Less than $500
  • Fixed Price Job
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  • U.S. freelancers must have W9
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I need an option agreement developed between my LLC and a prospective purchaser of units.

Top Modelo, LLC is currently selling owner units through a private placement memorandum (PPM). There is expected to be two rounds of fund raising. The first round has owner units being sold for $1500 per unit. A price point has not been established for a second round but is expected to be around $3000 per unit.

Prior to the first PPM, the sole owner was Jeremiah Thompson who owns 120 shares. The first PPM is for 50 shares. The second PPM is expected to be for 30 shares bringing the total shares to 200.

Top Modelo seeks to enter into an option agreement with Hassan Wardani an individual. In order to exercise all aspects of the option certain events must take place.

During the Top Modelo fund raising stages, Optionee reserves the right to purchase up to 30 units at a locked in price of $1500 per unit. All of these units must be purchased while ...

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Job ID: 32207304
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  • Submit Date (Latest)

John F.      
John F.'s identity has been verified.  Learn More
 China  |  
American lawyer living in China. Work with VC fund and consult to a large multi-national law firm for corporate and IP related matters. Former...
 5.0   |  Private   |  51 Jobs
Bid ID: 32207687  |  Submitted: Jul 24, 2012 10:37 ET 
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