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Sara K. Stock KWS Law 911 Washington Ave, Suite 211 St. Louis, MO 63101 Phone: 314.288.0779 Email: sara.stock@kwslawfirm.comsara.stock@kwslawfirm.com
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WHAT YOU NEED TO KNOW AND WHY SEPTEMBER 19, 2016 CRITICAL DOCUMENTS WHEN STARTING A BUSINESS
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FORMATION OF A LIMITED LIABILITY COMPANY Articles of Organization Operating Agreement EIN – Employer Identification Number
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FORMATION OF A CORPORATION Bylaws Consents Shareholders Agreement EIN
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CONFIDENTIALITY AGREEMENT Definition of Confidential Information Use of Confidential Information Flavors Investor (Use = investment consideration) Employee (Use = Performing job) Independent Contractor (Use = Performing task) General Contracting (Use = Providing services) Exit (Use = Evaluating potential transaction)
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CAPITAL RAISE - SUBSCRIPTION DOCUMENTS Confidentiality Agreement Term Sheet Type of Raise Securities Law Material Disclosures Personal Liability
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SUBSCRIPTION DOCUMENTS (CONT) Subscription Documents Subscription Package Instructions for Completion Where to Send Funds Who to Contact for More Information Subscription Agreement Purchase Agreement (Terms) Exhibits Operating Agreement (LLC) Joinder Alternative– Convertible Note Risk Factors Investor Questionnaire Business Plan Projections Sources and Uses Alternative - Private Placement Memorandum
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TRADITIONAL LOANS Loan Agreement Basic Terms Promissory Note Promise to Pay Security: Personal Guaranty Uniform Commercial Code Lien (UCC Lien) Blanket – All Personal Property/Inventory/etc. Real Estate Collateral Pledge
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GENERAL CONTRACTING Confidentiality Agreement Employment Agreement At Will Non-Compete Non-Solicitation Invention Assignment Independent Contractor Agreement Non-Solicitation Invention Assignment Insurance 20 Factor Test Master Services Agreement (MSA) Schedule of Work Insurance License to Use Intellectual Property
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MERGERS AND ACQUISITIONS Confidentiality Agreement Asset Purchase Agreement Separate Company purchases the Assets of Existing Company No Successor Liability Contracts Assigned Stock/Membership Interest Purchase Agreement Person or Entity Purchases the Stock of an Existing Shareholder/Member Successor Liability No Assignment Necessary
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OVERVIEW AND CONCLUSION FORMATION CAPITAL RAISE TRADITIONAL LOANS GENERAL CONTRACTING MERGERS AND ACQUISITIONS
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Sara K. Stock KWS Law 911 Washington Ave, Suite 211 St. Louis, MO 63101 Phone: 314.288.0779 Email: sara.stock@kwslawfirm.comsara.stock@kwslawfirm.com
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