Review and restate simple contract for $25,000 loan with repayment terms taken from notes provided

Budget

$18.00HOURLY

Client

Aaron DunNew Zealand

Status

OpenOct 28, 2018
Yes.

12% interest amoratized over the time I use the money.

Paid back to you in equal amounts matching anything I take out for my self.

All expenditures approved until full amount returned.

Estimation of complete ROI, six months.

I suggested that as I pay you off, that the interest stay on the full amount. So 1% per month. So the likely return will be a total of $1,500 if I wait the entire time to pay you back, but you will have received much of the money back already, assuming that I am paying myself as we go along.

My plan is to spend about 75% of my time on this project.

At the end of this period, and you are paid in full, you will maintain a 10% stake in whatever developed from this project. This project coming under the heading of Kiev Academy Art Supplies. It would not apply to anything generated from a potential art show in Kiev or things related to Martin Ricks Fine Art LLC.

We should have Mark Strong set up a new LLC for KAAS (Kiev Academy Art Supplies)

I assume that I'll need additional capital for the growth but may be able finance it by a combination of banking and a credit line from Ukraine, something they have already alluded to.

Questions of suggestions, let's take this to a lawyer and have him draw up papers based on this as the basis for doin business.

Thanks

Skills & Expertise Required

Contract Drafting 

Offer to work on this project closes in 93 days!

Submit A Proposal

Share this project with your friends



Freelancers You May Hire


Here are our top professional picks for you to hire



Similar Projects

Philippines - Experienced lawyer ne...

We need a lawyer to revise our NDA contract and adapt it to fit the PH legal framework.
Inform the contractual employees of the foregoing terms and conditions before they start their employment jo...read more

Hourly, $22.00

A simple termsheet type review / ed...

I've a little termsheet in a project charter type form. I'd like it to be semi-legal to give a bit more formal flair but yet written in not too formal writing. will share content

only 1 pager...read more

Fixed, $50.00

Lawyer or Law Student needed to wri...

The final deliverable will be an NDA between my company and the company I am sharing my IP. I am looking for a lawyer or law student that understands the nuances and details of an NDA, how to cover bo...read more

Fixed, $300.00

Need a good contract law lawyer

We want from you to make the Appendix to Colocation Agreement, which will treat this type of service as Providing of computing capacity (hosting), NOT colocation. All details after your application.read more

Hourly, $18.00

We need lawyer to draft a contract...

Dear All,

We need the support of a lawyer to draft a contract for the company that is developing our software.

We would also like to be advised on how to protect our software.
<...read more

Hourly, $18.00