Founder equity and formation,
on the deadline that matters.

Live today. The election under Internal Revenue Code Section 83(b) is generated for a recipient of restricted stock who chooses to recognize income at the moment of transfer, fixing the tax basis at grant and letting later appreciation run as capital gain. The amount included is computed as the fair market value of the shares at transfer less the price paid for them, so a grant of 100,000 shares at a $0.0001 par value purchase against a $0.001 fair market value resolves to a $90 income figure on the face of the statement. The filing deadline is calculated as the 30th day after the transfer date, and the statement, the cover letter to the Internal Revenue Service, and the copy for the company are assembled together for signature and mailing.

In active development. The intended coverage produces the certificate of incorporation for a Delaware C corporation, the action of incorporator, the initial board consent appointing officers and adopting the bylaws, and the founder stock purchase agreements that set the share count, the purchase price, and the vesting schedule for each founder.

In active development. The planned bylaws set the rules for stockholder and board meetings, notice and quorum, officer roles and authority, indemnification, and the procedures for amendment, adopted by the initial board and drawn to sit alongside the certificate of incorporation under the Delaware General Corporation Law.

In active development. The planned agreement governs the relationship among the stockholders, covering transfer restrictions, the right of first refusal and co-sale, drag-along and tag-along provisions, voting commitments on board composition, and the information rights extended to holders.

In active development. The intended coverage drafts board resolutions adopted at a meeting for routine corporate acts, including officer appointments, equity issuances, option grants, and the approval of financing and commercial agreements, with the recitals and operative resolutions matched to the action taken and the meeting, notice, and quorum recorded under the Delaware General Corporation Law.

In active development. The planned coverage drafts board and stockholder action by unanimous written consent in lieu of a meeting, recording the same corporate acts a resolution would carry, with the consenting parties, the date the consent takes effect, and the operative resolutions matched to the action taken.

In active development. The intended coverage produces the equity incentive plan and its board and stockholder adoption, the share reserve and its evergreen terms, the form of grant notice, and the administrative provisions governing incentive stock options, nonqualified options, and restricted stock awards under the plan.

In active development. The planned grant issues an option under the equity incentive plan with the strike price, the number of shares, the vesting commencement date and schedule, the exercise window, and the early-exercise terms where the plan permits them, with incentive and nonqualified treatment selected at grant.

In active development. The intended coverage issues restricted stock under the plan with the purchase price, the vesting schedule, the company repurchase right on unvested shares, and the transfer restrictions, drawn to sit alongside the Section 83(b) election a recipient files at transfer.

In active development. The planned coverage drafts a certificate of amendment to the certificate of incorporation, with the board resolution and the stockholder approval the amendment requires, for changes such as the authorized share count, a new class or series of stock, or the company name, filed with the Delaware Division of Corporations under the Delaware General Corporation Law.