Attorney to draft a sales commission ownership program agreement (Florida company)
Only freelancers located in the U.S. may apply.U.S. located freelancers only
We are Franbassador LLC, a Florida company. We are building a program called Homestead. It lets commissioned sales reps, a mix of W-2 employees and 1099 contractors across multiple states, earn permanent ownership of the recurring commission stream on the accounts they close once they hit tenure, account count, retention, and conduct milestones. On a set date, called Title Day, the rep signs a deed. The rate locks at 50 percent of commissionable revenue. It can be sold to another rep with company approval and a company right of first refusal, with seller financing allowed. It can pass to a named beneficiary. There is no buy in. Managers vest into override versions of the same structure. We need this built as a contract right, not equity, not phantom stock, not a security, and not a franchise. The closest comparisons are vested renewals in insurance sales and residual ownership in merchant services. Deliverables: a complete Homestead Program Agreement, a form of Deed for use on Title Day, a short memo on securities and business opportunity law risk, and a call to walk through the structure with us. To apply, tell us about one comparable agreement you have drafted, such as a commission plan, residual agreement, or vested renewal contract, and list your bar admission state. Florida bar admission or experience with similar commission law is a plus. Budget: fixed price, $1,500-2,500 depending on scope and experience.
$1,500.00
Fixed-price- ExpertExperience Level
- Remote Job
- Ongoing projectProject Type
Skills and Expertise
Activity on this job
- Proposals:5 to 10
- Last viewed by client:18 hours ago
- Interviewing:0
- Invites sent:0
- Unanswered invites:0
About the client
- United States1:36 PM
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