How a Computer Software Business Hired a Lawyer to Review a Restricted Stock Agreement in California

In 2026, a business based in California sought assistance with a review of a Restricted Stock Purchase Agreement and supporting corporate documents. The sole founder and director faced several issues, including a missed election under IRC §83(b) and complications regarding uncashed checks related to founder stock, raising questions about potential tax implications and corporate obligations. The client needed guidance on whether the shares were subject to a significant risk of forfeiture, the impact of the missed election, and the treatment of the uncashed purchase price, ensuring proper compliance with Delaware corporate law. As a result, the client received two proposals from qualified lawyers, with flat fee bids ranging from $599 to $999, all submitted to meet the requested deadline of less than one week.