Once a corporation or limited liability company (LLC) has been formed, a governance structure for the new entity must be agreed on by the company founders: who are the “players” in the new company, and what rights and duties should they have? If the entity is an LLC, an “Operating Agreement” (similar to a partnership agreement) must be created and signed by the founders. If the entity is a corporation or subchapter S corporation, a “Stockholders Agreement” or “Shareholders Agreement” must be created and signed by the founders. While many templates for these documents can be found online and in legal treatises, no two corporate or LLC clients are exactly alike: counsel will need to be familiar with the most common provisions in these documents and how to customize them to a client’s individual situation. In this fast-paced, entertaining CLE presentation, you will learn inside tips on how to draft these essential documents from someone who has been representing startups for almost a half-century.