Z- Old Menu of Services

How this works

The easiest way to use these menus is to determine who you are (such as a founder or funder) and select what you need.

For example, imagine you are a founder with one partner, each of you has IT to contribute, you are based in Texas and you want to engage a consultant to do some coding for you. Let’s get started.

First, you need to decide what type of business entity your firm needs to be. Select:

• Consultation to determine form of entity:  $500

Assume that you are destined to be a corporation operating under Subchapter S of the Internal Revenue Code, we would assist in forming that entity …

• Certificate of Incorporation (excluding filing and local agent fees): $0
• Incorporator’s Consent:  $0
• First Consent of the Board of Directors:  $0
• By-Laws:  $0
• Form of Share Certificate: $0
• Subchapter S election: $0

If you want an agreement that establishes the relative rights and obligations that you and your partner have with respect to the business, including your ability to transfer shares, then you would want one of these.

• Shareholders’ Agreement:  $2,500

Now each of you and your partner want to contribute specific intellectual property to the business. Great.

• Invention Assignment Agreement: $1,000 x 2

And now an agreement to engage your consultant:

• Consulting agreement:  $1,500

Here are your total deliverables and fees:

• Consultation to determine form of entity:  $500
• Certificate of Incorporation (excluding filing and local agent fees): $0
• Incorporator’s Consent:  $0
• First Consent of the Board of Directors:  $0
• By-Laws:  $0
• Form of Share Certificate: $0
• Subchapter S election: $0
• Shareholders’ Agreement:  $2,500
• Invention Assignment Agreement: $1,000 x 2
• Consulting agreement:  $1,500

Total fees:     $6,500.

Founders, Hires and Consultants

Employment agreement:  $1,500

Consulting agreement:  $1,500

Add to the above agreements:

• Confidentiality provisions:  $500
• Non-competition provisions:  $500
• Non-solicitation provisions:  $500
• Non-circumvention provisions: $500

Invention Assignment Agreement: $1,000

Equity Grants

Option Plan, Option Agreement and Grant Letter:

• Corporation:  $1,500
• Limited Partnership:  $2,000
• Limited Liability Company:  $2,000

Issuer Representation

Structure and securities consultation:  $2,000

Prepare and negotiate term sheet:

• Seed and angel:  $2,000
• VC:  $3,000

Disclosure:

• Deck review (max 10 slides):  $2,500
• Each additional slide: $300
• Offering Memorandum:  $15,000
• Add tax disclosure:  $2,500
• Private placement agreement: $3,000
• Due diligence prep and response:
  • Seed and angel:  $2,000
  • VC: $3,000

Amend Organizational Documents:

• Corporations:
  • Certificate of formation/incorporation:  $1,000 (plus filing and local agent fees)
  • By-laws:  $1,000
  • Shareholders’ Agreement:  $2,500
• Limited Liability Companies and Limited Partnerships
  • Certificate of formation:  $1,000 (plus filing and local agent fees)
  • LLC or LP Agreement:  $2,500

LP, LLC, Stock or Note Purchase Agreement:  $4,000

Subscription Agreement:  $500

Shareholders’ Agreement:  $2,500

Securities Compliance:

• Federal (prepare and file Form D):  $0
• State (“Blue Sky”): $250 per state (plus filing fees)

Funder Representation

Structure consultation:  $1,500

Prepare and negotiate term sheet:  $3,000

Due diligence:

• Organizational documents:$1,500 per year since entity formation
• Prior financing documents:$3,500 per financing
• Employment, consulting agreements: $1,500 each
• IP agreements (e.g., licensing):  $2,000 each

Review offering documents:

• Deck (max 10 slides):  $2,500
• Each additional slide:  $300
  • Offering memorandum:  $3,000

Amend Organizational Documents:

• Corporations:
  • Certificate of formation/incorporation:  $1,000
  • By-laws:  $1,000
  • Shareholders’ Agreement:  $2,500
• Limited Liability Companies and Limited Partnerships:
  • Certificate of formation:  $1,000
  • LLC or LP Agreement:  $2,500

LP, LLC, Stock or Note Purchase Agreement:  $4,000

Subscription Agreement:  $500

Shareholders’ Agreement:  $2,500