Hey, about to sign an equity agreement with a US saas (i'm based in EU).
20% equity vesting over 36 months across 5 tranches (mix of time-based and MRR milestones), Hourly comp with monthly minimum, bumps to higher rate when founder starts paying himself and 3-tier profit sharing (10% → 20% → 30%) as the business scales.
Founder is good people, doc looks clean. But everyone says get a lawyer
Question: do I really need to pay $500-1000 for a lawyer review here, or is this the kind of agreement where the structure is standard enough that I'd be paying for peace of mind more than risk reduction?
Anyone been in this spot? especially non-US folks signing US equity stuff?
u/Emielmakpo — 7 days ago