Corporate & Securities Law

Startup Docs from TheFunded.com

By Ryan Roberts

TheFunded.com has just released a “Complete Set of Founder Friendly Legal Docs” via its website. (Hat tip to @bradleyjoyce at the Fort Worth Startup Blog)

The sample startup documents, located at docstoc.com, include:

- Bylaws
- Certificate of Incorporation
- Initial Stockholder Consent
- Invention Assignment Agreement
- Restricted Stock Purchase Agreement
- Indemnification Agreement
- Initial Board Consent
- Action by Incorporator
- Plain Preferred Term Sheet

My 3 quick caveats regarding the docs:

(1) Looks like they are set up for a California-based Delaware corporation.
(2) Don’t forget to send in your 83(b) election form in the Restricted Stock Purchase Agreement.
(3) Consider whether you have to file a 25102(f) notice if your startup has ties to California.

Full post as published by The Startup Lawyer on September 29, 2009 (boomark / email).