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Required Legal freelancer for Need shareholder agreement and vesting schedule job

Posted at - Jan 4, 2019


Hello,

We need agreements for the following scenarios:

1. Myself and my friend have cofounded a startup. My financial contribution to the costs are 70%, his is 30%. He is expected to put up to 40 hours a week into this, I'm expected up to 10 hours a week. We both have 50-50 ownership of the company. There is no vesting schedule for us two.

2. We've just brought on a new team member and decided to give him 10% equity. So both of us dilute down to 45% each. His equity is vested over a 20 month period (0.5% each month). There is a 2 month cliff before he gets anything. He's also being paid $400/month cash.

Should be fairly simple to draft.

About the recuiterMember since Jul 7, 2017 Kiran U.
from Karnataka, India

Skills & Expertise Required

Legal 

Candidate shortlisted and hiredHiring open till - Oct 31, 2019

Work from Anywhere
40 hrs / week
Fixed Type
Remote Job
$69.59
Cost

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