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LLC Partnership Agreement / Operating Agreement - Download Now!
An operating agreement is an agreement among limited liability company ("LLC") Members governing the LLC's business, and Member's financial and managerial rights and duties. Many states require an LLC to have an Operating Agreement. LLCs operating without an Operating Agreement are governed by the State's default rules contained in the relevant statute and developed through state court decisions. An Operating Agreement is similar in function to corporate by-laws, or analogous to a partnership agreement in multi member LLC's. In single member LLCs, an operating agreement is a declaration of the structure that the member has chosen for the company and sometimes used to prove in court that the LLC structure is separate from that of the individual owner and thus necessary so that the owner has documentation to prove that he or she is indeed separate from the entity itself. An Operating Agreement is used to override default rules imposed by a state's LLC Act. Operating Agreements generally address: * the members' percentage interests in the LLC * the members' rights and responsibilities * the members' voting powers * how profits and losses will be allocated * how the LLC will be managed * rules for holding meetings and taking votes * buyout, or buy-sell, provisions, which determine what happens when a member wants to sell his or her interest, dies, or becomes disabled Limited Liability Companies are very flexible in nature and the operating agreement defines each member or manager's rights, powers and entitlements. This includes capital accounts, membership interest, distributions of profit and allocated tax responsibility, just to name a few. This internal document is an agreement set by the company members that contains provisions for critical items and rules that run the company. Operating agreements can be amended at any time by the company members or managers. LLC's that do not have an Operating Agreement will be governed by state LLC
Employee Referral Program (ERP) - Outline & Plan
This is an outline for an in-house employee referral program. Employee rewards for hiring! Submit a resume, and get credit if your referral is hired. It's that simple.
Employee Handbook & Manual - Over 115 Pages, 80 Policies, Download & Customize Now!
EMPLOYEE COMPANY HANDBOOK: One of the most comprehensive employee guides to date. Over 115+ pages of exclusive content. Easy to read and easy to understand with more than 80+ policies and procedures. This award winning manual was more than 320 hours in development. Plug-and-play in minutes - A Human Resource dream come true. Download editable Employee Handbook start customizing immediately! Instant Access, there is no waiting. This employee handbook is a MS Word file that you download & print - today! Top 7 reasons to download now: • Increase productivity through knowledge dissemination. • Excellent for new employee orientations. • Ideal for employee on-boarding and new hire assimilation. • Spend less time answering common questions. • Essential for standardized employee awareness. • Save time, reduce cost, and increase employee efficiency. • Reduce risk, liabilities, and lawsuits The most important communication tool between a company and employees! * Make sure final Handbook: (1) is reviewed by a lawyer (2) coincides with Federal & State Laws (3) is distributed to all employees, not just new. ~~~~~~~~~~~~~~~~~ Thank You For Thinking of Us ~~~~~~~~~~~~~~~~~ KEYWORD TAGS: human resource, employee handbook, employee manual, employee handbook template, HR, employment guide, policies, procedures, human resource, employee handbook.
Conflict Waiver Legal Services - "The Ultimate"
An advance conflict waiver is an agreement, given by your client, to a potential future representation by your law firm that would otherwise be precluded because of a conflict of interest. Law firms increasingly include such waivers in their standard form engagement letters.
Senior Secured Convertible Debenture Term Sheet
A term sheet is a bullet-point document outlining the material terms and conditions of a business agreement. After a Term Sheet has been "executed", it guides legal counsel in the preparation of a proposed "final agreement". It then guides, but is not necessarily binding, as the signatories negotiate, usually with legal counsel, the final terms of their agreement. Term sheets are very similar to "letters of intent" (LOI) in that they are both preliminary, mostly non-binding documents meant to record two or more parties' intentions to enter into a future agreement based on specified (but incomplete or preliminary) terms. The difference between the two is slight and mostly a matter of style: an LOI is typically written in letter form and focuses on the parties intentions; a term sheet skips most of the formalities and lists deal terms in bullet-point or similar format. There is an implication that an LOI only refers to the final form. A term sheet may be a proposal, not an agreed-to document.
Placement Agent / Common Stock Purchase Warrant - "The Ultimate"
In finance, a warrant is a security that entitles the holder to buy stock of the issuing company at a specified price, which is usually higher than the stock price at time of issue. Warrants are frequently attached to bonds or preferred stock as a sweetener, allowing the issuer to pay lower interest rates or dividends. They can be used to enhance the yield of the bond, and make them more attractive to potential buyers. Warrants can also be used in private equity deals. Frequently, these warrants are detachable, and can be sold independently of the bond or stock.
Senior Secured Convertible Debenture - "The Ultimate"
In finance, a convertible note (or, if it has a maturity of greater than 10 years, a convertible debenture) is a type of bond that the holder can convert into shares of common stock in the issuing company or cash of equal value, at an agreed-upon price. It is a hybrid security with debt- and equity-like features. Although it typically has a low coupon rate, the instrument carries additional value through the option to convert the bond to stock, and thereby participate in further growth in the company's equity value. The investor receives the potential upside of conversion into equity while protecting downside with cash flow from the coupon payments.
Securities Purchase Agreement - "The Ultimate"
Like all purchase agreements, the securities purchase agreement is a documented outline of what type of transaction is taking place. The agreement specifies exactly what types of securities are being sold, the number of each type of security involved in the ownership transfer and the terms related to the transaction. In many cases, a securities purchase agreement may include documentation regarding the fair market value of the stocks, bonds, and other securities that are being sold. The idea behind all this detail is to ensure that both parties understand exactly what is being sold, the purchase price and how the buyer is to pay for the securities.
Security Agreement - "The Ultimate"
A security agreement, in the law of the United States, is a contract that governs the relationship between the parties to a kind of financial transaction known as a secured transaction. In a secured transaction, the Grantor (typically a borrower but possibly a guarantor or surety) assigns, grants and pledges to the grantee (typically the lender) a security interest in personal property which is referred to as the collateral. Examples of typical collateral are shares of stock, livestock, and vehicles. A security agreement is not used to transfer any interest in real property (land/real estate), only personal property. The document used by lenders to obtain a lien on real property is a mortgage or deed of trust.
Rental Lease Agreement - "The Ultimate"
A rental agreement is a contract [Commonly referred to as a lease agreement], usually written, between the owner of a property and a renter who desires to have temporary possession of the property. As a minimum, the agreement identifies the parties, the property, the term of the rental, and the amount of rent for the term. The owner of the property may be referred to as the lessor and the renter as the lessee.
Non Circumvent & Non Disclosure Agreement [NCND] - "The Ultimate"
Non-circumvention, Non-disclosure (NCND) Agreement Instrument used in early stages of a business transaction arranged by brokers (intermediaries). Its purpose is to ensure that (1) the intermediaries (who brought the buyer and seller together) are not by-passed and (2) the information disclosed during the negotiations is not revealed to any external or unauthorized party.
Joint Venture (J-V) Master Agreement - "The Ultimate"
A joint venture (JV, sometimes hyphenated 'J-V') is a legal entity formed between two or more parties to undertake an economic activity together. The JV parties agree to create, for a finite time, a new entity and new assets by contributing equity. They then share in the revenues, expenses, and assets and the control of the enterprise. The venture can be for one specific project only - when the JV is referred, more correctly as a consortium (as the building of the Chunnel) - or a continuing business relationship. The consortium JV (also known as a cooperative agreement) is formed where one party seeks technological expertise or technical service arrangements, franchise and brand use agreements, management contracts, rental agreements, for ‘’one-time’’ contracts. The JV is dissolved when that goal is reached.
Mutual Non Disclosure Agreement - "The Ultimate"
A non-disclosure agreement (NDA), also known as a confidentiality agreement, confidential disclosure agreement (CDA), proprietary information agreement (PIA), or secrecy agreement, is a legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to by third parties. It is a contract through which the parties agree not to disclose information covered by the agreement. An NDA creates a confidential relationship between the parties to protect any type of confidential and proprietary information or trade secrets. As such, an NDA protects non-public business information.
Master Purchase and Sale Agreement - "The Ultimate"
A Purchase Agreement is a legal document made by either 'buyer' to a seller, reporting that on a specific date, at a specific locality, and for a particular sum of money or other "value received", the seller sold to the purchaser a specific item of personal, or parcel of real, property of which he had lawful possession. It is a written instrument which evidences the transfer of title to personal property from the vendor, seller, to the vendee, buyer.
Secrets to Reducing Your Home Loan!
Begin modifying your home loan today! This amazing eBook can literally help shave thousands OFF your annual mortgage bills. Follow these easy step-by-step instructions utilized by Venture Capitalists and Private Equity Funds daily, including over 30 pages of insider strategies and privileged intelligence. Dozens of behind the scenes Secrets and Tips offered by the Industry’s best-and-brightest - that help YOU win. This is the REAL information that Banks are attempting to keep secret!
The best documents & resources to start and grow a business.
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