Profits Interest Award Agreement
A Profits Interest Award Agreement, drafted for your facts, that grants LLC equity that shares in future value without a current tax hit, if it is structured properly.
Written in plain English, so the people who have to live with it can read it. A full custom draft prepared from your transaction, your counterparty, and the risks that are actually in front of you.
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: one award form. 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.
$2,275 is $325/hour × 7 hours — the time this deliverable takes in an ordinary equity compensation 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 $2,275 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.
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Other Equity Compensation work MC Law prepares on a flat fee.
Secondary Stock Sale and Company Consent Package
A custom-drafted Secondary Stock Sale and Company Consent Package that moves shares from an existing holder to a buyer with the transfer restrictions, rights of first refusal, and consents cleared.
Equity Incentive Plan — Review and Redline
A close review and redline of the other side's Equity Incentive Plan, the document that creates the pool and the rules for issuing options, restricted stock, and other awards.
Equity Incentive Plan (Short Form)
A compact Equity Incentive Plan that creates the pool and the rules for issuing options, restricted stock, and other awards, sized for a lower-value or lower-risk transaction.
Restricted Stock Purchase Agreement and 83(b) Package — Template and Playbook
A template Restricted Stock Purchase Agreement and 83(b) Package and playbook your team can run without counsel on every deal, for the agreement that issues founder or early-employee stock subject to vesting, with the election that avoids a costly tax result.
Restricted Stock Unit Award Agreement — Template and Playbook
A company-standard Restricted Stock Unit Award Agreement form with fallback positions, covering the document that grants units that settle in shares on vesting, with the settlement and withholding terms spelled out.