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PDF Editor FAQ

What are some best practices for a lean startup's LLC operating agreement?

An Operating Agreement is one of the most essential documents in an LLC. Its important that you and your partners take the time to discuss how you your thoughts on resignation, death, buyouts, liabilities, management structure, etc. I strongly suggest that you talk with an attorney to make sure all your questions are answered and you have an agreement that is tailored to your business needs. To often people rely on online templates but more often than not those templates fall short of handling serious issues that can arise in any partnership (i.e. resignation, buyouts, etc.).

What are the best books on mergers and acquisitions (from an acquirer's point of view)?

Suggestsions of Bikram Mahajan, M&A Advisor at ICIC:1. "Mergers & Acquisitions: A Condensed Practitioner’s Guide": 1/3rd the size of The Art of M&A; skips advanced topics.2. Mergers & Acquisitions from A to Z: 1/3rd the size of The Art ofM&A; skips advanced topics. Better organized than the first one.3. The Concise Guide to Mergers, Acquisitions and Divestitures: Prettybasic stuff. Again a very short one. Focuses more on tax and legalaspects.4. Making M&A Deals Happen: Provides templates e.g. Asset Purchase Agreements too.5. Mergers and Acquisitions in The Mcgraw-Hill Executive MBA Series:Provides numerical examples of company valuation, deal structuring etc.6. Mergers, Acquisitions, and Corporate Restructurings: Covers hostiletakeovers, leveraged buyouts, and corporate restructurings n more detailthan other books.7. Mergers and Acquisitions Basics: The Key Steps of Acquisitions, Divestitures, and Investments: My pick.8. Mergers and Acquisitions: A step-by-step legal and practical guide: Agood 300-page book on M&A structuring. Skips topics likeacquisition strategy, valuation, and post-merger integration.Source: LinkedIn Answershttp://www.linkedin.com/answers/finance-accounting/mergers-acquisitions/FIN_MNA/526006-9335180

Where can I find good templates for agreements used to govern the relationship between the co-founders of a company?

Company bylaws are documents that establish how an organization will operate, outlining how it should best be run. They’re typically drafted by the founders or a board of directors/ownership group.As regarding relationships between co-founders, this is usually governed by partnership agreements: These Are the 20+ Types of Business Documents You Need - Partnership AgreementThese agreements are created when partnerships begin and aim to provide solutions to every potential scenario that could occur. Such an agreement is a legally binding contract between two or more partners that defines ownership/stake and role. it helps you clearly define the roles and expectations of all parties in the partnership as well as provides legal, tax, and liability protection.More specifically, such an agreement outlines the following things:Percentage of ownershipDistribution of profits/lossesManagement power/roleLength of the partnershipTermination optionsBuyout options

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