I need an American-English expert to construct a basic contract that will be legally binding and outline the conditions of a business venture.
PROJECT DETAILS:
I am opening a bar/nightclub and am going to be 20% shareholder. MY investment obligation will be $60,000. Of the $60k, $10k will be a down payment, paid at the contract signing, with $20k paid within 180 days, and the final $30k paid within one year of the contract date.
I will be 20% shareholder from day one, and entitled to proceeds of such. My 20% share cannot be taken away unless all involved parties agree.
As a managing partner, my base salary will be $600/week. This will NOT include any wages I earn from bartending pay or other duties/projects.
