Convertible Promissory Note and Purchase Agreement — Long Form (Investor Side)
A comprehensive Convertible Promissory Note and Purchase Agreement drafted from the investor position, covering the agreement that raises money as debt that converts to equity, with the cap, discount, and maturity terms defined.
Built for a deal important enough that the back-half provisions will actually be read. The complete protective provision set for a transaction where the downside justifies negotiating every term.
Frequently asked questions
The fee covers the finished document, filing-ready or send-ready as applicable, the supporting exhibits or attachments described in the scope, and a short cover memorandum explaining the choices made. It is fixed at this scope: up to 5 investors. 2 rounds of revisions are included. If your matter falls outside that scope we tell you before starting and quote the difference — we do not bill past a flat fee without agreeing it first.
1 to 2 weeks from a complete set of instructions, plus time for the 2 rounds of revisions included in the fee. If you are working to a court deadline or a closing date, tell us when you order and we will confirm in writing whether we can meet it before you commit.
$4,075 is $325/hour × 12.5 hours — the time this deliverable takes in an ordinary startup finance matter, at the firm's standard rate. Because it is a flat fee, the risk of the work running long sits with the firm: you pay $4,075 whether it takes us the estimate or twice it.
Third-party costs are never inside a flat fee and are passed through at cost, never marked up: court and agency filing fees, court reporter and transcript charges, expert witness fees, search vendor and e-discovery hosting charges, process server fees, and travel.
The business terms you have agreed so far, the counterparty and which side of the deal you are on, any existing draft, term sheet, or prior agreement, and your risk tolerance on the provisions that matter most to you. Send what you have — if something is missing we will tell you what else we need before the turnaround clock starts.
Clients also order
Other Startup Finance work MC Law prepares on a flat fee.
Convertible Promissory Note and Purchase Agreement — Long Form (Company Side)
A detailed Convertible Promissory Note and Purchase Agreement written for the company, the document that raises money as debt that converts to equity, with the cap, discount, and maturity terms defined.
Convertible Promissory Note and Purchase Agreement — Negotiation and Closing (Company Side)
Drafting and negotiation of a Convertible Promissory Note and Purchase Agreement on behalf of the company, through to signature.
Convertible Promissory Note and Purchase Agreement — Negotiation and Closing (Investor Side)
Drafting and negotiation of a Convertible Promissory Note and Purchase Agreement on behalf of the investor, through to signature.
Series Seed Preferred Stock Financing Package — Review and Redline (Company Side)
A review and redline of a Series Seed Preferred Stock Financing Package from the company position, for the document that closes a priced preferred round with the charter amendment, purchase agreement, and investor rights documents.
Series Seed Preferred Stock Financing Package — Review and Redline (Investor Side)
A investor-side markup of a Series Seed Preferred Stock Financing Package you have been handed, the agreement that closes a priced preferred round with the charter amendment, purchase agreement, and investor rights documents.
Convertible Promissory Note and Purchase Agreement (Long Form)
A comprehensive Convertible Promissory Note and Purchase Agreement that raises money as debt that converts to equity, with the cap, discount, and maturity terms defined, with the full set of protective provisions a significant deal deserves.