Questions regarding written agreements between parties business or otherwise.

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5
votes
5answers
1k views

Paying remote contractors?

Let's say I hire some remote contractors. Some are based in the US, and some are international. I want to pay the contractors on a bi-weekly basis. What is the best service to use for paying my ...
8
votes
3answers
504 views

How to relieve customer's concerns about what happens to my one-man startup web service if I die?

I own an S Corporation that has launched a niche market web service and have signed up a few customers. I'm still very much bootstrapping this and doing everything myself (a one-man show). I'm ...
1
vote
1answer
162 views

How to deal with a contract for a job that is over-due and out-of-scope?

I executed a contract at the end of May for a relatively small web application. It listed 3 main features/requirements and a due date of July 15th. It is October 8th and it is still on-going. I ...
1
vote
2answers
1k views

How to determine interest on overdue payment, based on terms of the contract

So, like most of the people starting out with own business, I picked a boiler plate contract and made minor modifications and used for a client project. You might already be familiar with this ...
0
votes
2answers
282 views

Contract between founders and developer

I'm working with 2 people that I have never met before on a startup (we're all located in different parts of the world - USA, Europe, North Africa.) We want to sign some kind of contract indicating ...
0
votes
3answers
149 views

Distribution contract review rates and services

I would like to have a distribution contract reviewed by a lawyer specialized in worldwide intellectual property, to ensure that the contract is fair for all parties involved. I asked to one lawyer ...
2
votes
1answer
229 views

Necessity of a Tag-Along Right

Can anyone point me at a true story where someone was bitten by not having a Tag-along clause? Can that really hurt startups/startup-employees on acquisition? Definition: "The Tag Along Clause is ...
2
votes
6answers
985 views

Validity of Shareholder Agreement

We are a newly formed corporation in NY and have just drafted our first shareholders' agreement. There are five shareholders in all but only four of us have signed the agreement. We are acting as if ...
2
votes
4answers
473 views

How to structure business relationship with a partner company/sales channel

We've recently started a service based software start-up. We've developed a relationship with a company that sells software licenses such that they market us as their "software development ...
2
votes
4answers
315 views

When do I need to register a company for my start up

I have an idea for a start up but would like to get a POC solution developed for feedback purposes before I spend time and money on the full product development. Since I cannot develop the POC myself ...
2
votes
1answer
106 views

What should go in a contract for desktop software?

When I release my desktop application in a few months, I'm hoping that after some demos that I will get some interest in the product! The application is B2B and the software price will be $5000. ...
0
votes
1answer
137 views

Sub-contract Contract

When sub-contracting out web/graphic design what do you include in your contract with the sub-contractor? One specific area I'm curious about is issues regarding the sub-contractors online portfolio. ...
0
votes
1answer
456 views

Sample contract for vested equity for 4 years in a Hong Kong company

I'm going to join a company as a late cofounder and after negotiation will receive a significant percentage of equity vested every months over 4 years and a small salary. The company is based in Hong ...
2
votes
3answers
241 views

Questions for outsourced projects

I would like to get the following information related to outsourced project. What are the best practices to follow for the payment plan/structure when you are working with outsourced development ...
3
votes
1answer
74 views

Taking Stock in Clients

All, I run a contract engineering firm, and I'm considering taking stock in some of my clients in return for reduced rates. I feel comfortable doing this given the continued level of income from that ...
2
votes
2answers
2k views

Protections for minority shareholder in SHA (shareholders agreement)

We are in early startup phase. One founder has a big majority stake and we are co-founders with small 5 minority stake. We have good relations and we are happy with the stakes, but we would like to ...
2
votes
4answers
245 views

Can you be forced out before the cliff?

If your founder's contract has a "cliff", can the other founders decide to force you out before that cliff or do you have to quit to lose all your equity?
1
vote
2answers
3k views

Startup CFO contract / stock compensation?

I am looking for a sample contract for a CFO position in a startup company. Also, What is an appropriate amount of compensation to give a CFO in terms of stock. Thanks!
4
votes
3answers
156 views

A special kind of merger

I am negotiating a deal and I really need some advice on the pros and cons of the deal that has been suggested to me. I have a startup company with radically innovative technology. I want to merge ...
3
votes
5answers
465 views

What's the best way to structure software contracts for small projects?

What are the proper incentives, and workflow processes, for contract development?
1
vote
1answer
163 views

Initial Agreement

I've come to an employment agreement with a startup company and they've sent me a copy of our agreement to look over and sign. I can't afford to get a lawyer to take a look at it, but I would like to ...
4
votes
4answers
3k views

Joint Software Development Agreement – how to set up IP ownership?

I’ll be entering into a joint development software project with 2 other companies. I’m considering how best to deal with the intellectual property ownership. I suppose one company could be the ...
1
vote
4answers
201 views

Opinion: Finders fee or not?

Through a business networking group "business friend of a business friend", you are introduced to a prospect who is interested in your services. The person who introduced you has never met you, but ...
6
votes
2answers
349 views

How to “Divorce” a co-counder in a way that leaves everyone happy

I had the idea for my startup two years ago. I discussed it with a friend and over time we agreed to be partners in the venture together, with a 50-50 equity split. We signed a tentative agreement ...
2
votes
2answers
376 views

Legal issues with contract labor?

Are there any legal pitfalls I should know about when creating a service where I pay users to provide a service to customers? The model I'm thinking about is like Amazon Turk for a certain vertical. ...
7
votes
5answers
788 views

what should be in a software license/terms of service/end user license agreement?

I suppose I should find a decent attorney for this, but I'd like to see if I can find some "free" resources first. My company is about to release a software product (actually bundled together with ...
2
votes
4answers
99 views

Celeb endorsement deal for mobile app

I have a mobile app I'm working on. I developed a working mockup as a PHP site, and I have a friend that I can partner with to build an objective-c version who has a lot of experience with this sort ...
4
votes
2answers
585 views

Good 'starter' SOW or Contracts for Consultant business?

I run a consulting biz on the side (just me), doing odd IT jobs ranging from web development / design / db management etc; I have typically made small contracts or statements of work for the jobs, ...
2
votes
1answer
904 views

How do I find an electrical engineer for a contract job?

Im trying to find a place (either online or somewhere else) where I can hire an electrical engineer for a small contract job. I don't want to go post a "job" on craigslist or anywhere else, simply ...
1
vote
3answers
452 views

Technical writing/Online help for web application

We have developed a web application. Now I am looking for freelancers who can write the online help and technical manuals for parts of it. However, I am not aware of the way these services are ...
2
votes
6answers
1k views

Reasonable budget to prepare a shareholder agreement

What's a reasonable budget for forming a proper shareholder agreement in a new start up, formed as a corporation to be owned between 4 founder/shareholders? I understnad there's some variation ...
30
votes
7answers
3k views

How to split up revenue between partners who contribute different amounts of work

My co-founder and I will soon launch a micro ISV. Our current agreement states that we split ownership 50-50. However, since we reached the ownership agreement the amount of work we have put into ...
0
votes
2answers
146 views

How do I engage an international student with a contract?

I'm considering hiring a software developer in Germany. He's a student so he's unlikely to have any type of corporate structure set up. I've had numerous conversations with him online, and we get ...
2
votes
6answers
287 views

Best resource for finding and managing freelance workers?

As a solo-preneur one really needs outside support. Consultants, freelancers, etc. Challenge is finding them, qualifying their experience, and tracking their work; as efficiently as possible as you ...
5
votes
11answers
600 views

Where can I get free/cheap legal documents?

We're looking to hire our first employee and we want to make sure the employement and stock vesting stuff is all in order - we're in the UK so is it safe to assume that anything we read regarding USA ...
0
votes
4answers
292 views

Could someone help me write a contract

I have started an online take away food ordering website and I am looking to write a contract between me and the restaurants that allow orders on my site. I don't know how much legal stuff I need to ...
14
votes
7answers
997 views

How can I determine a good rate for freelancing?

I've currently got a startup and a full-time job. I'm looking to transition to part-time freelancing so I can focus more on my startup. However, I'm walking into this completely blind, and I need ...
3
votes
6answers
397 views

How does one find an illustrator?

On one hand we have designers readily available, people we can hire to create something with direction or concepts already available. On the other hand, we have sites like 99 Designs and Crowdspring ...
3
votes
5answers
458 views

Hiring and interviewing advice

I'm in the process of evaluating resumes for a web marketing / project management position. I've never considered myself very good at interviewing. Beware, my question is multi-faceted, so don't feel ...
10
votes
10answers
5k views

Contract with co-founder signed before starting startup?

Co-founder is someone we really trust. But still there is a possibility for dispute. Is it better to put everything in writing and sign it before starting startup? Is it worth to pay legal fee ...
2
votes
3answers
618 views

Pooling money as a group to obtain and share resources

Are there cooperative groups who share the cost for a number of resources (ie media lists, CRM)? Have you ever used this model, and if, so, did you find it successful? How did you meet the ...

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