refactor for go forward
This commit is contained in:
33
support/OperatingAgreements/OriginalThoughts-MergeLater.md
Normal file
33
support/OperatingAgreements/OriginalThoughts-MergeLater.md
Normal file
@@ -0,0 +1,33 @@
|
||||
|
||||
|
||||
### Main company agreement requirements
|
||||
|
||||
- (in progress) ensure everything from the Lone Star Land Law.com website/ebook is included (as applicable at the main company level, most requirements will be at the series level)
|
||||
- (in progress) merge in anything relevant from the v1.0 agreement (as applicable at the main company level, most of that content will be applied at the series level)
|
||||
|
||||
|
||||
## Series agreement (template)
|
||||
|
||||
### Series agreement overview
|
||||
|
||||
This is a far more complex document as it's establishing the operating agreement for actual operating entities of a variety of types of ventures.
|
||||
|
||||
### Series agreement requirements
|
||||
|
||||
- (in progress) ensure everything from the Lone Star Land Law.com website/ebook is included (as applicable at the main company level, most requirements will be at the series level)
|
||||
- (in progress) merge in anything relevant from the v1.0 agreement (as applicable at the main company level, most of that content will be applied at the series level)
|
||||
|
||||
- Specify that the series enters into a contract with Known Element Enterprises as the provider of IT and business operations services.
|
||||
- Specify that the series enters into a contract with The Campus Trading Company LLC as the sole provider of treasury/transaction operations services.
|
||||
|
||||
- for an individual series of a parent series LLC company that is member managed and board committee governed and serve as a detailed and comprehensive LLC operating agreement for each of the individual series of that overall LLC.
|
||||
- Include a markdown table with five rows and two columns. The first column name will be Member Legal Name and the second column name will be Ownership Percentage.
|
||||
- include a definitions section
|
||||
- Include provisions for over riding every part of the relevant Texas business organizations code as allowed by law.
|
||||
- Incorporate all the recommendations from LoneStarLandLaw book
|
||||
- be fully compliant with current Texas law
|
||||
- include standard/customary contract provisions
|
||||
|
||||
|
||||
- Utilize the fairshares model
|
||||
- granting of profit interests instead of capital interests
|
Reference in New Issue
Block a user