Arizona Legal Templates
Browse lawyer-drafted legal templates for Arizona, available for instant download through ContractsCounsel. Each editable template was created by a verified attorney familiar with Arizona law and can be customized to fit your legal needs. You also have the option to hire the lawyer who drafted the template for additional review or customization.
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This template is designed for OnlyFans management engagements where the management company will be paid cash-only. This means the creator will pay a set fee each billing period, and payment will not be paid based on the percentage of earnings by the creator. It is also for exclusive engagements, meaning the OnlyFans creator is not allowed to contract with another management company.
Summary of clauses and terms:
- Scope of Engagement
- Service Provided by the Company
- Compensation and Commission
- Exclusive Representation
- Term and Termination
- Governing Law and Dispute Resolution
- Confidentiality
- Entire Agreement
Used for co-owning an investment with other parties. Purchase comes in Word format with fillable fields to be customized for your purposes and will include instructions for completion.
Form includes the below sections:
- The Investment
- Future Issuances of Securities
- Right of First Offer
- Right to Participate
- Right to Convert
- Transfer of Business Opportunities
- Public Update Meetings
- Legal Counsel
- Indemnification; Limitation of Liability
- Governing Laws
- Notices
- Force Majeure
- Successors
- Governing Law
- Mediation and Arbitration
- Entire Agreement
- Binding Effect
A Post-Money SAFE Note is a financial instrument used by startups and investors in early-stage funding. It's an agreement that provides investors the right to purchase equity in the company at a future date, typically during a future equity financing round, sale, or IPO.
The terms "Post-Money" refer to the valuation of the company after the current round of financing. This means the valuation would take into account the money invested in the financing round. For example, if the company receives a valuation of $10 million to raise $2 million, the "Pre-Money" valuation is $10 million and "Post-Money" valuation is $12 million (includes the money from the financing round).
- Discount: This is a feature that gives investors a discounted price compared to what later investors pay in a future financing round. For example, if a SAFE note carries a 20% discount and the price per share in the next funding round is $1.00, the SAFE holder would be able to convert their investment into equity at $0.80 per share. This discount compensates early investors for their higher risk.
- Valuation Cap: The valuation cap is a maximum valuation at which the SAFE can convert into equity. This protects investors from over-dilution if the company's valuation increases significantly before the SAFE converts. For example, if a SAFE has a valuation cap of $5 million and the company's valuation in the next funding round is $10 million, the SAFE holder’s investment converts as if the company was valued at only $5 million, offering more shares for the same investment compared to later investors.
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