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Draft Founders Agreement in Texas for Software & IT Services Business

How much does it cost to draft a Founders Agreement in Texas? Below are summary details about a user that needed to draft a Founders' Agreement in Texas for Software & IT Services Business. This cost data comes directly from ContractsCounsel's online marketplace. The user received 3 bids to draft the Founders Agreement at a pricing range of $250 - $1,200 on a flat fee. The data includes project specifications and Founders' Agreement pricing. To review more pricing data, visit Founders' Agreement pricing.
Service type
Draft
Document type
Founders Agreement
Location
Texas
Client type
Business
Client industry
Software & IT Services
Deadline
A week
Pricing Range
$250 - $1,200 (Flat fee)
Number of Bids
3 bids

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Lawyers that Bid on this Founders' Agreement Project

Lawyer

(129)

8 years practicing

Free consultation

Founders' Agreement
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$245/h

Partner/Attorney at Law

(36)

16 years practicing

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Founders' Agreement
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$350/h

Attorney

(81)

19 years practicing

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Founders' Agreement
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$500/h

Other Lawyers that Help with Texas Projects

Attorney

(11)

27 years practicing

Free consultation

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$475/h

Attorney

(12)

6 years practicing

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$275/h

Lawyer

(3)

16 years practicing

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$300/h

Owner

(8)

9 years practicing

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$650/h

Other Lawyers that Help with Founders' Agreement Projects

Commercial Contracts Counsel

(8)

11 years practicing

Free consultation

Founders' Agreement
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$400/h

Attorney

(3)

25 years practicing

Free consultation

Founders' Agreement
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$99/h

Managing Partner

(3)

27 years practicing

Free consultation

Founders' Agreement
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$395/h

Attorney

(4)

8 years practicing

Free consultation

Founders' Agreement
Get Free Proposal
$250/h

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Forum Questions About Founders' Agreement

Founders' Agreement

Texas

Asked on Mar 3, 2021

Signing Founders Agreement as non-us resident?

I am from Ecuador and I am going to sign a Founder's Agreement with a person from Texas. I want to know in detail what are things I must take into consideration before signing this agreement.

Don G.

Answered Mar 3, 2021

I'm assuming the Founders Agreement is an agreement establishing owners, managers and ownership percentages. You should focus on: Terms regarding when your interest in the company vests; How your shares will be valued in the case you want to leave or are terminated; It should include some type of waiver of individual liability for acts taken on behalf of the company; and Voting rights - If there is only one founder that has a large percentage of ownership (like 75%), you need to make sure the terms give your vote power. This can be accomplished by each founder having 1 equal vote. If the largest owner of the company owns less than 50% interest and there are 3 or more members, there's no real fear of one person making all of the decisions. I'm sure there are other items to consider as every such agreement is unique. Best of luck!

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Founders' Agreement

Texas

Asked on Mar 3, 2021

Signing Founders Agreement as non-us resident?

I am from Ecuador and I am going to sign a Founder's Agreement with a person from Texas. I want to know in detail what are things I must take into consideration before signing this agreement.

Jane C.

Answered Mar 3, 2021

I would look at the provisions related to taxes, intellectual property, and non compete provisions. I suggest you review the terms with an attorney before signing.

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