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I will llc operating agreement with custom ownership provisions
Licensed US Attorney Premium Corporate and Business Law
I am Daniel L. Twer (Bar #98644), a licensed U.S. attorney specializing in corporate law, business formation, and contract drafting. I provide entrepreneurs, startups, and established enterprises with...
About this Gig
Are you bringing on investors, issuing employee equity, or structuring a complex holding company? You need a highly sophisticated LLC Operating Agreement drafted by a licensed U.S. attorney.
Standard agreements are insufficient for complex capital structures. I specialize in drafting custom ownership provisions that protect founders while satisfying the strict due diligence requirements of angel investors and venture capitalists.
I expertly draft complex provisions including:
- Class A / Class B Membership Interests (Voting vs. Non-Voting).
- Vesting schedules for founders or key employees.
- Waterfall distribution models (Return of Capital, Preferred Returns).
- Drag-Along and Tag-Along rights for exit scenarios.
- Anti-dilution protections and Preemptive Rights.
- Board of Managers establishment and fiduciary duties.
Your equity structure is the most valuable part of your business. Ensure it is legally sound, investor-ready, and drafted by an experienced attorney.
Order today.
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
Can you create voting and non -voting shares?
Yes, the Standard and Premium packages allow for multiple classes of membership interests, perfectly separating economic rights from control.
What are Drag -Along and Tag- Along rights?
These protect majority and minority owners during a company sale, ensuring all members are treated fairly and can participate in an exit.
Do you include vesting schedules?
Yes, I can draft time-based or milestone-based vesting schedules to ensure founders and employees earn their equity over time.
What is a waterfall distribution?
It is a tiered system for distributing profits (e.g., investors get their initial capital back first, then profits are split 80/20). I draft these in the Premium package.
Is this suitable for raising capital?
These agreements are specifically drafted to meet the high standards expected by sophisticated investors and legal due diligence teams.
