Generate an Equity Profits Interest Plan for your Company.
Profits Interest Plan on Savvi
LLC ownership (equity) is typically structured slightly different from ownership in a corporation. The reasons for this are typically tax related (LLCs are often taxed as a partnership rather than a corporation).
As a result of this, instead of issuing stock options in an LLC, like you would in a corporation, you would issue profits interest in an LLC. An easy way to do this is to have the Managers and Members adopt a Profits Interest Plan (a variation on the corporate equity incentive plan) that allows an LLC to grant Profits Interests according to that plan.
What you'll receive:
- Profits Interest Plan
- Member and Manager Consents to adopt the Profits Interest Plan
Related Articles:
Savvi Technologies, Inc. is not an attorney or a law firm, and can only provide self-help services at your specific direction. Do not rely on any documents or information from Savvi without consulting an attorney. Savvi may partner with or refer clients to licensed attorneys, but such referral does not constitute an attorney-client relationship until the attorney is officially engaged by the client.