RWSCP/StartupStarterPackage
2
0
Fork 0
Code Pull Requests Packages Projects Releases Activity

merging boilerplate stuff and some minor updates. Redwood DIAS here we come.....

Browse Source
This commit is contained in:
Charles N Wyble - admin 2020-10-16 23:34:42 -05:00
parent 625342af94
commit 7690a0c0c3
7 changed files with 975 additions and 0 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

267
CommonBoilerplate/CommonTermsAndConditions.md Normal file
View File

@ -0,0 +1,267 @@
# Common terms and conditions
## Not registered securities
THE LIMITED LIABILITY COMPANY UNITS REFERRED TO HEREIN (THE “UNITS”) HAVE NOT
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”).
SUCH INTERESTS ARE BEING OFFERED OR SOLD UNDER THE EXEMPTION PROVIDED BY SECTION
4(2) OF THE 1933 ACT AND RULE 506 THEREUNDER NOR HAVE THEY BEEN REGISTERED UNDER
THE SECURITIES OR BLUE SKY LAWS OF ANY OTHER JURISDICTION.
A PURCHASER OR RECEIVER OF UNITS MUST BE PREPARED TO BEAR THE ECONOMIC RISK OF THE
INVESTMENT FOR AN INDEFINITE PERIOD OF TIME BECAUSE THE UNITS HAVE NOT BEEN REGISTERED
UNDER THE 1933 ACT AND, THEREFORE, CANNOT BE SOLD UNLESS THEY ARE SUBSEQUENTLY
REGISTERED OR AN EXEMPTION FROM REGISTRATION IS AVAILABLE.
THERE IS NO OBLIGATION OF THE ISSUER TO REGISTER THE UNITS UNDER THE 1933 ACT.
## Entire Agreement
All parties agree that this Agreement is the final, complete and exclusive statement of
the mutual understanding of the parties and supersedes and cancels all previous written
and oral agreements and communications relating to the subject matter of this Agreement.
This Agreement and its exhibits constitute the entire agreement between the parties.
Except as otherwise provided herein, no amendments to this Agreement shall be
binding upon any Member unless set forth in a document duly executed by such Member.
The parties will amend this agreement only by cosigned, written agreement.
## Binding Arbitration and waiver of rights
IF FOR ANY REASON THIS
ARBITRATION CLAUSE BECOMES NOT APPLICABLE, THEN EACH PARTY, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, HEREBY IRREVOCABLY WAIVES
ALL RIGHT TO TRIAL BY JURY OR BENCH TRIAL AS TO ANY ISSUE RELATING HERETO IN ANY
ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS
AGREEMENT OR ANY OTHER MATTER INVOLVING THE PARTIES HERETO.
Any controversy, claim or dispute arising out of or relating to this
Agreement, shall be settled by binding arbitration in Pflugerville TX
at the companys primary place of business located at
<>
All such controversies, claims or disputes shall be settled in this manner
in lieu of any action at law or equity.
The following rights are irrevocably waived now and forever more:
* rights to sue in all possible venues
* trial by Judge
* trial by Judge/Jury
* trial by any other form either previously used, currently in use, or used in the
future
* public or private disclosure of any Member conflict with the Company
Such arbitration shall be conducted in accordance with the then prevailing
commercial arbitration rules of American Arbitration Association
("**AAA**"), with the following exceptions if in conflict:
* one arbitrator shall be chosen by the AAA (the "**Arbitrator**");
* each party to the arbitration will pay its pro rata share of
the expenses and fees of the arbitrator, together with other expenses of the arbitration
incurred or approved by the Arbitrator;
* arbitration may proceed in the absence of any party if written notice (pursuant to the
Arbitrator's rules and regulations) of the proceeding has been given to
such party.
* The parties agree to abide soley by all decisions and awards rendered in such proceedings.
* Such decisions and awards rendered by the arbitrator shall be final and conclusive.
* The Arbitrator shall not have the right to award punitive damages or
speculative damages to either party and shall not have the power to
amend this Agreement.
## Ownership of Property and No Right of Partition
* A Member's interest in the Company shall be personal property for all purposes.
* No Member shall have any right to partition the property owned by the Company.
* The Membership Interest:
**IS NOT**
and
**SHALL NOT**
be considered community property at any time (including but not limited to):
* before the execution of this Agreement
* after this Agreement is executed
* while the Agreement is in effect
* after the Agreement is no longer in effect due to resignation or expulsion
* By signing this agreement, Member hereby agrees that:
* any and all rights
* any and all interests
under this agreement (and applicable law incorporated by reference) are hereby:
* suspended
* revoked
* rendered null and void now and forever more.
for any
* spouse
* significant other
* domestic partner
* any future lawful definition of a similar type of close/constant party
## Involvement of Members in Certain Proceedings
Should any Member become involved in legal proceedings unrelated to the
Company's business in which the Company is required to provide books, records, an
accounting, or other information, then such Member :
* shall indemnify the Company from all expenses incurred in conjunction therewith.
* Member agrees that this involvement in such a proceeding may be considered a:
* material breach of contract
* violation of Duty Of Care
* violation of Fidicuary Duty
and agrees that the Member may face immediate expulsion for exposing the Company
in such an irresonsible manner and that the Company may pursue the Member for any
and all remedies under law.
## No Third-Party Enforcement
Only the parties to this agreement may enforce rights under this agreement.
## Waiver
No consent or waiver, express or implied, by any Member of
any breach or default by any other Member in the performance by the
other Member of its obligations hereunder shall be deemed or construed
to be a consent or waiver to or of any other breach or default in the
performance by such other Member of the same or any other obligation
hereunder. Failure on the part of any Member to complain of any act or
to declare any other Member in default, irrespective of how long such
failure continues, shall not constitute a waiver of rights hereunder.
## Severability
If any provision of this Agreement or the application
thereof to any Person or circumstances shall be judged by
any court of competent jurisdiction to be unenforceable or invalid,
to any extent, and such invalidity or unenforceability does not destroy
the basis of the bargain between the parties, then the remainder of this
Agreement and the application of such provisions to other Persons or
circumstances shall not be affected thereby and shall be enforced to the
greatest extent permitted by law.
## Legal Relationship
The parties to this agreement remain independent parties. This agreement does not
create any partnership, joint venture, agency, or similar relationship between the
parties.
## No Assignment or Delegation
* No party may assign any right or delegate any obligation under this agreement
* This Agreement is not assignable or transferable by Member
* Any attempt to assign or delegate will have no legal effect.
* No failure to exercise, and no delay in exercising, on the part of either party, any privilege,
any power or any rights hereunder will operate as a waiver thereof, nor will any single or
partial exercise of any right or power hereunder preclude further exercise of any other right
hereunder.
## Governing Law
This Agreement and the obligations of the Members
hereunder shall be construed and enforced in accordance with the laws of
the State of Texas, excluding any conflicts of law rule or principle
which might refer such construction to the laws of another state or
country.
## Signature
An electronically signed copy of this agreement delivered by e-mail or other electronic
means has the same legal effect as delivering a printed and signed original.
## Notices
* The parties shall send every notice, demand, consent, request, or other communication
required or allowed by this agreement by e-mail to the e-mail address the other party provided
with their signature
* All notices given in accordance with this Agreement shall be effective upon delivery
at the e-mail address of the addressee.
* By giving written notice thereof, each Member shall have the right from time to time to
change its address pursuant hereto.
## No Agreement to Employ
Nothing in this Agreement shall affect any right that Participant may have to be employed or to maintain employment or a similar relationship (if applicable) with the Company or with any affiliated entity.
## Captions, References
Pronouns wherever used herein, and of
whatever gender, shall include natural persons and corporations and
associations of every kind and character, and the singular shall include
the plural wherever and as often as may be appropriate. Article and
section headings are for convenience of reference and shall not affect
the construction or interpretation of this Agreement. Whenever the terms
"hereof," "hereby," "herein," or words of similar import are used in
this Agreement they shall be construed as referring to this Agreement in
its entirety rather than to a particular section or provision, unless
the context specifically indicates to the contrary. Any reference to a
particular "Article" or a "Section" shall be construed as referring to
the indicated article or section of this Agreement unless the context
indicates to the contrary.
## Place of Business and Office; Resident Agent
The address of the registered agent of the Company for service of process on the
Company in the State of Texas (and also the Company primary office)
is located at: <>
## Term
The term of the Company shall commence upon the filing of the
Certificate of Formation with the Texas Secretary of State and shall
have perpetual existence unless it shall be dissolved and its affairs
shall have been wound up as provided in Section Dissolution and Winding Up of Business.
## Qualification in Other Jurisdictions.
The Company may register in any other jurisdiction upon the approval of the Board Of Directors.
## No State Law Partnership.
The Company shall not be a partnership or
joint venturer under any state or federal law, and no Member or Director
shall be a partner or joint venture of any other Member or Director for
any purposes; other than under the Code or other applicable tax laws,
and this Agreement may not be construed otherwise.
## General Restrictions on Dispositions of Membership Interests
A Member may not make an assignment, transfer or
other disposition (voluntarily, involuntarily or by operation of law) (a
"**Transfer**") of all or any portion of his or her Membership Interest,
nor pledge, mortgage, hypothecate, grant a security interest in, or
otherwise encumber (an "**Encumbrance**") all or any portion of its
Membership Interest,
Any attempted Transfer of all or any portion of a Membership Interest,
shall be void and result in the immediate (no vote required) expulsion
of the Member and forefiture of Member interest and the right of the Company
to pursue the Member for any and all remedies under law.

13
CommonBoilerplate/README.md Normal file
View File

@ -0,0 +1,13 @@
# CommonBoilerplate
This is the common and boilerplate items used across all op agreements and bylaws (as appropriate).
Common bits such as :
* definitions
* conflict of interest policy
* NDA
* IP Assignment
* Standard terms and conditions
* Securities exemption
* etc

259
CommonBoilerplate/defs.md Normal file
View File

@ -0,0 +1,259 @@
# Definitions
The following terms as used in this Agreement shall be defined as follows:
## "**Certificate of Formation**"
means the document filed with the Texas Secretary of State required to form a
limited liability company in Texas.
## "**Person**"
whether capitalized or not, means any individual, sole
proprietorship, joint venture, partnership, corporation, company, firm,
bank, association, cooperative, trust, estate, government, governmental
agency, regulatory authority, or other entity of any nature.
## "**Company**"
means the organization defined in Section Company Name
## "**Membership Interest**" or "**Beneficial Interest**"
means a Person\'s right to share in the income, gains, losses, deductions,
credit or similar items of, and to receive distributions from, the
Company, but does not include any other rights of a Member,
including the right to vote or to participate in management.
## "**Member**"
means a Person who acquires a Membership Interest in the Company,
as permitted under this Agreement, and who remains a Member of the Company.
## "**Assignee**"
means a Person who has acquired a Member's Membership
Interest in the Company , through a Transfer in accordance with the
terms of this Agreement.
## "**Board Of Directors**"
means the collective group of persons hereafter designated as Board Of Directors in
accordance with this Agreement.
## "**Director**"
means any natural person elected to the Board Of Directors
in accordance with this Agreement unti such time they are removed from the
Board Of Directors in accordance with this Agreement.
## "**Indepdent Directors**"
A natural person, that the Members and Board Of Directors has determined
has 'no material relationship' with the Company, either directly or as a
partner, shareholder or officer of an organization that has a relationship
with the company.
## "**Accounting Policies and Procedures**"
means the policies and procedures adapted from time to time by the Board Of Directors for
preparation of the Company financial statement, financial projects and
other accounting reports.
## "**Adverse Consequences**"
means all actions, suits, proceedings,
hearings, investigations, charges, complaints, demands, injunctions,
judgments, orders, decrees, rulings, damages, dues, penalties, fines,
costs, amounts paid in settlement, liabilities, obligations, liens,
losses, expenses, and fees, including court costs and reasonable
attorney's fees and expenses.
## "**Affiliate**"
means, with respect to a Person, another Person,
directly or indirectly, through one or more intermediaries, controlling,
controlled by, or under common control with the Person in question. The
term "control" shall mean the possession, directly or indirectly, of the
power to direct or cause the direction of the management or policies of
the controlled Person.
## "**Assigning Member**"
means a Member who by means of a Transfer
has transferred his or her Membership Interest in the Company to an
Assignee.
## "**Business Day**"
means any day other than Saturday, Sunday or
other day on which commercial banks in Texas are authorized or required
to be closed under the laws of the state of Texas.
## "**Capital Account**"
means, as to any Member, a separate account maintained and adjusted in accordance
with Section "Distributions To Members".
## "**Capital Contribution**"
means, with respect to any Member, the
amount of money, the forgiveness of any debt, the Fair Market Value of
any services or property (other than money) contributed to the Company
(net of liabilities secured by such contributed property that the
Company is considered to assume or take "subject to" under IRC Section
752) in consideration of a Percentage Interest held by such Member.
Under no conditions shall a Capital Contribution be deemed a loan.
## "**Code"** or "**The Code**" or "**IRC**"
means the Internal Revenue Code of 1986, as amended, and any successor provision.
## "**Company Property**"
means all assets, real, personal and other,
owned by the Company, whether or not contributed to the Company by a
Member.
## "**Encumbrance**"
means, with respect to any Membership Interest,
or any element thereof, a mortgage, pledge, security interest, lien,
proxy coupled with an interest (other than as contemplated in this
Agreement), option, or preferential right to purchase.
## "**Encumber**"
means the act of creating or purporting to create an
Encumbrance, whether or not perfected under applicable law.
## "**Fair Market Value**" or "**FMV**"
means, with respect to any
item Company Property, the item\'s adjusted basis for federal income tax
purposes, except as follows:
A. The Fair Market Value of any property contributed by a Member to the
Company shall be the value of such property, as mutually agreed by the
contributing Member and the Company Members; and
B. The Fair Market Value of any item of Company Property distributed
to any Member shall be the value of such item of property on the date of
distribution, as mutually agreed by the receiving Member and the Company.
## "**Family**"
means, with respect to a specified individual, such
individual's lineal or adopted descendants, his or her parents, spouse,
domestic partner, significant other, siblings, and lineal or adopted
descendants of any thereof, and any family limited partnership, trust or
other fiduciary or other entity solely for the benefit of (x) such
individual, (y) such individual's lineal or adopted descendants or (z)
such individual's parents, spouse, domestic partner, significant other,
siblings or lineal or adopted descendants of any thereof.
## "**Fiscal Year**"
shall be from January 1 of each year until or unless changed by a Majority Vote of the Members.
## "**Investment Entity**"
means any Person in which the Company has an Investment.
## "**Involuntary Transfer**"
means, with respect to any Membership
Interest, or any element thereof, any Transfer or Encumbrance, whether
by operation of law, pursuant to court order, foreclosure of a security
interest, execution of a judgment or other legal process, or otherwise,
including a purported transfer to or from a trustee in bankruptcy,
receiver, or assignee for the benefit of creditors.
## "**Member Percentage Interest"**
means the percentage set forth in the Company agreement.
## "**Profits and Losses**"
means, for each fiscal year or other
period specified in this Agreement, an amount equal to the Company\'s
taxable income or loss for such year or period, determined in accordance
with Section 703 (a) of the Code.
## "**Reserve Amount**"
means the amount from time to time established
by the Board Of Directors as a reserve to meet the reasonably
anticipated working capital needs of the Company.
## "**Selling Member**"
means a Member desires to sell any of his or her Membership Interests.
## "**Sharing Ratios**"
means the percentages in which Members participate in and bear, certain items.
## "**Substituted Member**"
means a Transferee, other than an existing Member, of the Membership Interest
who may be admitted as a Member with respect to such Membership Interest.
## "**Successor in Interest**"
means an Assignee, a successor of a
Person by merger or otherwise by operation of law, or a transferee of
all or substantially all of the business or assets of a Person.
## "**Cause**"
means (A) a finding by a court or other government body
or a plea or similar agreement admitting that an act or omission
constitutes a felony under the laws of the United States or the state of
Texas, or a violation of the securities law of any United States
governmental or self-regulatory body, (B) a material and/or fiduciary
breach of this agreement, or (C) fraudulent behavior.
## "**Adjusted Capital Account**"
means, with respect to a Member,
such Member's Capital Account as of the end of each fiscal year, as the
same is specially computed to reflect the adjustments required or
permitted to be taken into account in applying Regulations Section
1.704-1(b)(2)(ii)*(d)* (including adjustments for Partnership Minimum
Gain and Partner Nonrecourse Debt Minimum Gain).
## "**Code**"
means the Internal Revenue Code of 1986, as amended
from time to time, and any corresponding provisions of succeeding law.
## "**Depreciation**"
means, for each taxable year or other period,
an amount equal to the depreciation, amortization or other cost recovery
deduction allowable with respect to an asset for the year or other
period, except that if the Gross Asset Value of an asset differs from
its adjusted basis for federal income tax purposes at the beginning of
the year or other period, Depreciation will be an amount which bears the
same ratio to the beginning Gross Asset Value as the federal income tax
depreciation, amortization or other cost recovery deduction for the year
or other period bears to the beginning adjusted tax basis, provided that
if the federal income tax depreciation, amortization, or other cost
recovery deduction for the year or other period is zero, Depreciation
will be determined with reference to the beginning Gross Asset Value
using any reasonable method selected by the Board Of Directors.
## "**Partner Nonrecourse Debt**"
has the meaning assigned to it in
Regulations Sections 1.704-2(b)(4) and 1.752-2.
## "**Partner Nonrecourse Debt Minimum Gain**"
has the meaning assigned to it in Regulations Section 1.704-2(i)(3).
## "**Partner Nonrecourse Deductions**"
has the meaning assigned to it in Regulations Section 1.704-2(i)(2).
## "**Partnership Minimum Gain**"
has the meaning assigned to it in Regulations Section 1.704-2(d).
## "**Profits**" and "**Losses**"
mean, for each taxable year or
other period, an amount equal to the Company's taxable income or loss
for the year or other period determined in
accordance with Section 703(a) of the Code (including all items of
income, gain, loss or deduction required to be stated separately under
Section 703(a)(1) of the Code), with the following adjustments:
* Any income that is exempt from federal income tax and not
otherwise taken into account in computing Profits or Losses will be
added to taxable income or loss;
* Any expenditures described in Code Section 705(a)(2)(B) or treated
as Section 705(a)(2)(B) expenditures under Regulations Section
1.704-1(b)(2)(iv)*(i)*, and not otherwise taken into account in
computing Profits or Losses, will be subtracted from taxable income or
loss;
* Gain or loss resulting from any disposition of property with respect
to which gain or loss is recognized for federal income tax purposes will
be computed by reference to the Gross Asset Value of the property,
notwithstanding that the adjusted tax basis of the property differs from
its Gross Asset Value;
* In lieu of depreciation, amortization and other cost recovery
deductions taken into account in computing taxable income or loss, there
will be taken into account Depreciation for the taxable year or other
period;
## "**Regulations**"
means the regulations promulgated by the United
States Department of the Treasury pursuant to and in respect of
provisions of the Code. All references herein to sections of the
Regulations shall include any corresponding provisions of succeeding,
similar, substitute proposed or final Regulations.

106
CommonBoilerplate/ip-assign.md Normal file
View File

@ -0,0 +1,106 @@
# Company IP Assignment
## Assignment of Intellectual Property
Member hereby assigns to Company exclusively and throughout the world and universe all right,
title and interest (whether or not now existing) in
* (a) work done for the Company
* (b) all precursors, portions and works in progress with respect thereto
* (c) and all inventions, works of authorship, mask works, technology, information,
know-how, materials and tools relating thereto or to the development,
support or maintenance thereof
(d) all copyrights, patent rights, trade secret rights, trademark rights,
mask works rights, sui generis, database rights and all other intellectual and
industrial property rights of any sort
(e) all business, contract rights, causes of action, and goodwill in,
incorporated or embodied in, used to develop, or related to any of the
foregoing (collectively, “Intellectual Property”).
To the extent allowed by applicable law, this Section includes all
rights of paternity (for example, including but not limited to the right
to be identified as author), integrity, disclosure and withdrawal and
any other rights that may be known as or referred to as moral rights,
artist’s rights, droit moral or the like (collectively, “Moral Rights”).
To the extent Member retains any Moral Rights under applicable law,
Member hereby ratifies and consents, and hereby provides all necessary
ratifications and consents, to any action that may be taken with respect
to such Moral Rights by or authorized by Company,
and Member agrees not to assert any Moral Rights with respect thereto.
The foregoing applies to the subject matter enumerated in Exhibit A.
Member will confirm any such ratification, consent or agreement from
time to time as requested by Company.
## Consideration
Company agrees to distribute to Member certain percentage of profit of the Company
on an ongoing basis, pursuant to the provisions of this Agreement between Company
and Member.
Such distributions shall be the only consideration required of Company
with respect to the subject matter of this Agreement.
## Further Assurances
Member agrees to assist Company in every proper way to evidence, record
and perfect the Section (Assignment Of Intellectual Property)
and to apply for and obtain recording of
and from time to time enforce, maintain and defend the assigned rights.
If Company is unable for any reason whatsoever to secure Members
signature to any document it is entitled to under this Section,
Member hereby irrevocably designates and appoints Company and
its duly authorized officers and agents, as his agents and
attorneys-in-fact with full power of substitution to act for
and on his behalf and instead of Member, only to execute and
file any such document or documents and to do all other lawfully
permitted acts to further the purposes of the foregoing with the
same legal force and effect as if executed by Member.
## Restrictions Of Use re Confidential Information and Intellectual Property of Third Parties
Member will not use, assign, disclose to the Company any technical or business information
or plans of Third Parties , except to the extent Member
can document that it is generally available (through no fault of Member)
for use and disclosure by the public without any charge license or restriction,
such as public domain or approved OSI licensed or CC licensed code/documenation,
Member recognizes and agrees that any breach or threatened breach of this
Section will cause irreparable harm to Company for which damages would
not be an adequate remedy, and, therefore, Company will be entitled to equitable relief
(including without limitation, injunctions) with respect thereto in addition to any
other civil or criminal remedies.
## Warranty
Member represents and warrants to Company that Member
* (a) was the sole owner (other than Company) of all rights, title and interest
in and to the Technology and Intellectual Property,
* (b) has not assigned, transferred, licensed, pledged or otherwise encumbered any
Technology or Intellectual Property or agreed to do so,
* (c) has full power and authority to enter into this Agreement and to make the
assignment provided in Section (Assignment Of Intellectual Property),
* (d) is not aware of any violation, infringement or misappropriation of any
third party’s rights (or any claim thereof) by the Technology or Intellectual Property,
* (e) was not acting within the scope of employment by any third party when conceiving,
creating or otherwise performing any activity with respect to anything
purportedly assigned in Section (Assignment Of Intellectual Property)
* (f) is not aware of any questions or challenges with respect to the patentability
or validity of any claims of any existing patents or patent applications
relating to the Intellectual Property.

202
CommonBoilerplate/nda.md Normal file
View File

@ -0,0 +1,202 @@
# Company NDA
## Purpose
Joining the Company organization as a Member to discuss material non public information related
to the Company
## Governing State Law
Texas, USA
## Parties involved and agreeing to Mutual Nondisclosure
"Disclosing Party" describes each party with respect to Confidential Information it discloses to the other party.
"Receiving Party" describes each party with respect to Confidential Information it receives from the other party.
## Purpose
The parties anticipate disclosure of Confidential Information for the purpose on
the accompanying standard form certificate (the "Purpose").
## Confidential Information
### Categories of Confidential Information
Subject to Section (Exclusions from Confidential Information), "Confidential Information"
means the following kinds of information:
* information disclosed by Disclosing Party during the term of this agreement that is related to the business of Disclosing Party;
* the fact that the parties are pursuing the Purpose;
* the terms of this agreement;
* the fact that the parties have entered into this agreement; and
* other information derived from these kinds of information.
## Exclusions from Confidential Information
* Public Information.
Information that is now public is not Confidential Information. Confidential Information that becomes public, other than as
a result of breach of this agreement, ceases to be Confidential Information.
### Otherwise Acquired Information
Information that Receiving Party receives other than from Disclosing Party is not Confidential
Information, unless the disclosure breached a confidentiality obligation to Disclosing Party that Disclosing Party made known to Receiving Party.
* Independently Developed Information.
Information Receiving Party develops independently is not, or ceases to be, Confidential Information
of Disclosing Party. Receiving Party shall bear the burden of proving independent development using contemporaneous documentary evidence.
## Confidentiality Obligations
### Nondisclosure
Except as described in Section (Permitted Disclosure), Receiving Party shall not disclose Confidential Information to anyone.
* (b) Permitted Disclosure.
Receiving Party may disclose Confidential Information to the following personnel:
* if Receiving Party is a legal entity, employees, independent contractors, officers, directors, and agents of Receiving Party ("Personnel") who:
* have a need to know the Confidential Information to advance the Purpose;
* have entered written confidentiality agreements with Receiving Party that impose
confidentiality obligations, affording as much or more protection as
those of this agreement, that apply to the Confidential Information
* legal and financial advisers providing services to Receiving Party under
confidentiality obligations imposed either by law or by professional
rules ("Advisers").
* (c) Limited Use.
Receiving Party shall use Confidential Information only to advance the Purpose.
* (d) Security Measures.
Receiving Party shall take measures to secure materials embodying Confidential Information at least as protective as those Receiving Party employs to
secure its own Confidential Information, but in any event no less than reasonable measures.
* (e) Preserve Proprietary Notices.
Receiving Party shall not remove any proprietary notices attached to materials embodying Confidential Information.
* (f) No Illegal Dealing in Securities.
Receiving Party shall not break securities laws by purchasing, selling, or otherwise dealing in securities of Disclosing Party on the basis of
Confidential Information that is material, nonpublic information. Receiving Party shall instruct anyone to whom it discloses Confidential
Information that may be material, nonpublic information not to break securities laws by dealing in securities of Disclosing Party.
* (g) No Reverse Engineering.
Receiving Party shall not reverse engineer any material embodying Confidential Information.
* (h) Mitigate Legally Required Disclosure.
The following obligations apply when the law requires disclosure of Confidential Information and when Receiving Party reasonably expects that the law may
require disclosure of Confidential Information:
* (i) Give Notice of Required Disclosure.
If legally permitted, Receiving Party shall promptly notify Disclosing Party of the nature of the requirement and the Confidential Information affected.
If practical, Receiving Party shall give notice quickly enough to afford Disclosing Party practical chance to start a proceeding to protect the
confidentiality of the Confidential Information. On Disclosing Party request, Receiving Party shall cooperate with Disclosing Party in any such
proceeding by providing reasonable assistance.
* (ii) Reimburse Expenses of Cooperation.
Disclosing Party shall reimburse Receiving Party's reasonable out-of-pocket expenses of cooperating in
any proceeding described in Section (Give Notice of Required Disclosure).
* (i) Give Notice of Leaks.
Receiving Party shall give Disclosing Party notice when Receiving Party becomes aware, suspects, or anticipates that Confidential Information
has been or will be disclosed or used in breach of this agreement or other confidentiality agreements with Disclosing Party.
* (j) Return and Destruction.
(i) Subject to Section (Records Policy), when this agreement terminates, Receiving Party shall promptly:
* (A) return all materials embodying Confidential Information that Disclosing Party provided with request to return; and
* (B) destroy all parts of other materials that embody Confidential Information.
* (k) Records Policy.
When this agreement terminates, if Receiving Party has a written records retention policy for the creation and
scheduled destruction of archival or backup records, and only specialized personnel can routinely access those records, then Receiving Party
may retain materials embodying Confidential Information until destroyed under that policy.
* (l) Comply with Export Controls.
Both parties shall comply with export and reexport laws with respect to Confidential Information.
* (m) Compliance and Oversight.
* (i) Receiving Party shall ensure that its Advisers abide by the confidentiality obligations of Receiving Party under this agreement.
If Receiving Party is a legal entity, Receiving Party shall also ensure that its Personnel abide by the confidentiality obligations of
Receiving Party under this agreement.
Breach of Receiving Party obligations by Receiving Party Personnel or Receiving Party Advisers will be deemed breach of this agreement by
Receiving Party itself.
* (ii) If Receiving Party is a legal entity, Receiving Party shall provide Disclosing Party copies of confidentiality agreements with Personnel
who receive Confidential Information on Disclosing Party request.
5. Clarifications.
* (a) No Obligation to Disclose. No terms of this agreement obligate Disclosing Party to disclose any Confidential Information.
* (b) No Obligation to Do Business. No terms of this agreement obligate either party to enter any business relationship or agreement,
related to the Purpose or otherwise.\
* (c) No License. No terms of this agreement grant any license for any patent, trademark, copyright, or other intellectual property.
* (d) No Warranty. Disclosing Party makes no warranty that Confidential Information will be complete or accurate.
* (e) Freedom to Operate. No terms of this agreement prohibit either party from:
* (i) entering into any business relationship with any non-party; or
* (ii) assigning and reassigning Personnel and Advisers in its sole discretion.
6. 18 U.S.C. 1833(b) Notice.
* (a) An individual shall not be held criminally or civilly liable under any Federal or State trade secret law for the disclosure of a trade secret that:
* (i) is made:
* (A) in confidence to a Federal, State, or local government official, either directly or indirectly, or to an attorney; and
* (B) solely for the purpose of reporting or investigating a suspected violation of law; or
* (ii) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal.
* (b) An individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the trade
secret to the attorney of the individual and use the trade secret information in the court proceeding, if the individual:
* (i) files any document containing the trade secret under seal; and
* (ii) does not disclose the trade secret, except pursuant to court
order.
7. Term.
* (a) Expiration.
This agreement does not expire.
* (b) Survival.
Obligations under Section (Confidentiality Obligations)
for Confidential Information disclosed during the term survive the term of
this agreement as follows:
* (i) Obligations for Confidential Information that Receiving Party knew or reasonably should have known constituted a trade secret survive as long
as the Confidential Information remains a trade secret.
* (ii) Obligations for other Confidential Information survive forever.

105
CommonBoilerplate/profInterest.md Normal file
View File

@ -0,0 +1,105 @@
#Profit Interests
## Prohibition on Transfer of Profits Interest Units
The Profits Interest Units acquired pursuant to this Agreement may not be transferred,
sold, pledged, hypothecated or otherwise disposed of, voluntarily or involuntarily, by
operation of law or otherwise,
## Investment Representations
Participant acknowledges that he or she is aware that the Profits Interest Units issued
to him by the Company pursuant to this Agreement have not been registered under the
Securities Act of 1933, as amended (the “Securities Act”), on the basis of certain exemptions
from such registration requirement. In this connection,
## Section 83(b) Election.
Participant shall execute and deliver to the Company with this executed Agreement,
a copy of the Acknowledgment and Statement of Decision Regarding Election Pursuant
to Section 83(b) of the Internal Revenue Code (the “Acknowledgment”) substantially in
the form attached hereto.
Participant shall execute and submit with the Acknowledgment a copy of the Election Pursuant
to Section 83(b) of the Internal Revenue Code, substantially in the form attached hereto
if Participant has indicated in the Acknowledgment his or her decision to make such an election.
Participant represents that Participant is not relying on the Company with respect to
such decision and has consulted any tax consultant(s) that Participant deems advisable in
connection with the filing of an election under Section 83(b) of the Code and
similar tax provisions.
Participant acknowledges that it is Participant’s sole responsibility and not the Company’s to
timely file an election under Section 83(b) of the Code, even if Participant requests that the
Company or any representative of the Company make such filing on Participant’s behalf.
Participant should consult his or her tax advisor to determine if there is a comparable election
to file in the state of his or her residence and whether such filing is desirable under the
circumstances.
## Taxes
The Company and Party intend that (i) the Profits Interest Units be treated as “profits interests” within the meaning of the Code, Treasury Regulations promulgated thereunder, and any published guidance by the Internal Revenue Service with respect thereto, including, without limitation, Internal Revenue Service Revenue Procedure 93-27, as clarified by Internal Revenue Service Revenue Procedure 2001-43, (ii) the issuance of such interests not be a taxable event to the Company or Participant as provided in such Revenue Procedure, and (iii) the Agreement be interpreted consistently with such intent.
In furtherance of such intent, effective immediately prior to the issuance of the Profits Interest Units, the Company will cause the Gross Asset Value (as defined in the Agreement) of all Company assets to be adjusted to equal their respective gross fair market values, and make the resulting adjustments to the Capital Accounts of the Members, in each case as set forth in the Agreement.
The Company may withhold from Participant’s wages, or require Participant to pay to the Company, any applicable withholding or employment taxes resulting from the issuance of the Profits Interest Units hereunder, from the vesting or lapse of any restrictions imposed on the Profits Interest Units, or from the ownership or disposition of the Profits Interest Units.
## Code Section 409A
The Profits Interest Units are not intended to constitute or provide for “nonqualified deferred compensation” within the meaning of Section 409A of the Code (“Section 409A”), and, provided that Section 409A of the Code, Treasury Regulations and related Department of Treasury guidance do not require otherwise, the Company shall not treat the Profits Interest Units as nonqualified deferred compensation. However, notwithstanding any other provision of this Agreement, if at any time the Board Of Directors determine that the Profits Interest Units may be subject to Section 409A, the Board Of Directors
shall have the right, in their sole discretion, to adopt such amendments to this Agreement or take such other actions (including amendments and actions with retroactive effect) as the Board Of Directors determine are necessary or appropriate for the
Profits Interest Units to be exempt from the application of Section 409A or to comply with the requirements of Section 409A; provided, however, if such action would diminish the value of the Profits Interest Units, such action may not be taken without Members written consent.
## ACKNOWLEDGMENT AND STATEMENT OF DECISION REGARDING ELECTION PURSUANT TO SECTION 83(b) OF THE INTERNAL REVENUE CODE
The undersigned, a Member of the “Company” and holder of Profits Interest
in the Company designated as “Profits Interest Units” (the “Award”) of the Company,
hereby states, as of the date of issuance of the Award, as follows:
1. The undersigned acknowledges receipt of a copy of the Agreement. The undersigned has carefully reviewed the Agreement.
2. The undersigned either [check as applicable]:
____ (a) has consulted, and has been fully advised by, the undersigned’s own tax advisor, __________________________________________, whose business address is ________________________________, regarding the federal, state and local tax consequences of being issued the Award under the Agreement, and particularly regarding the advisability of making elections pursuant to Section 83(b) of the Internal Revenue Code of 1986, as amended (the “Code”), and pursuant to the corresponding provisions, if any, of applicable state laws; or
____ (b) has knowingly chosen not to consult such tax advisor.
3. The undersigned hereby states that the undersigned either [check as applicable]:
_____ (a) has decided to make an election pursuant to Section 83(b) of the Code and is submitting to the Company, together with the undersigned’s executed Agreement, a copy of an executed election form which is attached to the Agreement; or
____ (b) has knowingly chosen not to make an election pursuant to Section 83(b) of the Code.
4. Neither the Company nor any subsidiary or representative of the Company has made any warranty or representation to the undersigned with respect to the tax consequences of the issuance of the Award to the undersigned pursuant to the Agreement or of the making or failure to make an election pursuant to Section 83(b) of the Code or corresponding provisions, if any, of applicable state law.
5. The undersigned is also submitting to the Company, together with the Agreement, a copy of an executed election form, if an election is made, of the undersigned pursuant to provisions of state law corresponding to Section 83(b) of the Code, if any, which are applicable to the issuance of the Award to the undersigned pursuant to the Agreement.
ELECTION PURSUANT TO SECTION 83(b) OF THE INTERNAL REVENUE CODE TO INCLUDE IN GROSS
INCOME THE EXCESS OVER THE PURCHASE PRICE, IF ANY, OF THE VALUE OF PROPERTY TRANSFERRED
IN CONNECTION WITH SERVICES
The undersigned hereby elects pursuant to Section 83(b) of the Internal Revenue Code of 1986, as amended, to include in the undersigned’s gross income for the taxable year the excess (if any) of the fair market value of the property described below, over the amount the undersigned paid for such property, if any, and supplies herewith the following information in accordance with the Treasury regulations promulgated under Section 83(b):
1. The undersigned’s name, address and taxpayer identification (social security) number are:
Name:
Address:
TIN:
2. The property with respect to which the election is made consists of
[•] Units in the Company designated as “Profits Interest Units” (the “Award”) of the Company representing an interest in the future profits, losses and distributions of the Company.
3. The date on which the above property was transferred to the undersigned was [•], and the taxable year to which this election relates is [•].
4. The above property is subject to the following restrictions:
(a) forfeiture and/or a right of repurchase by the Company if the undersigned ceases
to be an employee of, or consultant or service provider to, the Company under certain circumstances pursuant to the LLC Agreement of the Company, as amended from time to time (the “LLC Agreement”), and
(b) certain other restrictions pursuant to the LLC Agreement should the undersigned wish to transfer the Award (in whole or in part).
5. The fair market value of the above property at the time of transfer (determined without regard to any restrictions other than those which by their terms will never lapse) is $0.
6. The amount paid for the above property by the undersigned was $0.
7. A copy of this election has been furnished to the Company, and the original will be filed with the income tax return of the undersigned to which this election relates.

23
CommonBoilerplate/remove.md Normal file
View File

@ -0,0 +1,23 @@
# Resignation and Removal of Members
## Expulsion of a member for Cause
Expulsion of a Member requires an affirmative vote by a 2/3 or greater majority of
the Board Of Directors (in accordance with the Board Manual and Charter in effect
at that time) and by written unanimous consent of the Company Members.
The Member subject to expulsion is not eligible to vote in the proceeding.
The Member subject to explulsion forefits all equity/interests/rights/contributions
and any/all Membership interest immediately upon expulsion.
## Self withdrawal of a Member
Self withdrawal of a Member requires an affirmative vote by a 2/3 or greater majority
of the Board Of Directors (in accordance with the Board Manual and Charter in effect
at that time) and by written unanimous consent of the Company Members.
The Member requesting self withdrawal is not eligible to vote in the proceeding.
The Member subject to explulsion forefits all equity/interests/rights/contributions
and any/all Membership interest immediately upon resignation.