ANYONE DOING A SPONSORED SEARCH AND WILLING TO SHARE INFO/BEST PRACTICES?
I'm looking to begin my sponsored search with a partner (I know that's not too common), but we are trying to bootstrap here by putting together our own operating agreement and LLC Agreement. Would anyone be willing to share best practices and/or legal documents that we might be able to make use of? We have a somewhat unique structure we are trying to arrange.
The search would be a partnered search with one sponsor. The sponsor would have the same rights as any normal search, but if the sponsor rejects a deal, we'd like to be able to offer the deal to other potential investors. We need a partnership agreement and also an LLC Agreement that could function for our purposes.
Any help would be greatly appreciated!