Players David Cusimano Founder of Startup Newco, Inc., an emerging company with a new battery technology that could effectively double the fuel efficiency of a hybrid engine. David Rieveschl Attorney representing Startup Newco. Clayton White Managing Partner of BigMoney VC Fund I, a venture capital partnership. Chris Sloan Attorney representing Big Money. www.bakerdonelson.com © 2014 Baker, Donelson, Bearman, Caldwell & Berkowitz, PC 2 Background • BigMoney has committed to an investment in Startup Newco at a $2,500,000 premoney valuation, subject to agreement on legal terms. BigMoney will invest $750,000 of its own money and ...

 

START-UP DOCUMENTS OVERVIEW What are the minimum legal documents necessary for the well- organized startup company? (What documents will a sophisticated investor or acquirer expect to see?) Big Picture Categories • Corporate Formation Documents • Founder Stock Purchase and Contribution • Equity Compensation • Other Employee Documents • Technology Protection • Financings • Commercial Contracts Corporate Formation Documents • Articles of Incorporation (or LLC Operating Agreement) • Bylaws • Stock Purchase Agreements (see slide on founders) • Stock Ledger and Cap Table • Stock Certificates • Minute Book (organizational resolutions) • EIN Application • State Business License • Local ...