Drafting Subscription Agreements in Connection with Private Placements

When engaging in a private placement of limited liability company (LLC) interests, it is essential to tailor the requisite agreements to the corporate form and the circumstances of the LLC. Use this template to draft a short-form subscription agreement in connection with a private placement in which LLC membership interests are sold to an investor.

Read now »

Related Content

• Private Placement Memorandum Form
  Draft a PPM with compliant disclosures.

• Rule 506(c) Accredited Investor Representation Letter
  Ensure you have the representations your clients need to complete the offering.

• Private Placements Resource Kit
  Access practice notes, templates, checklists, clauses, and more to get the offering in motion.

• Rule 506(c) Third-Party Accredited Investor Verification Letter
  Use a third party to verify a potential purchaser’s accredited investor status.

Practical Guidance Updates 
Featuring the latest updates from your Practical Guidance account.  

• New! Discover Practical Guidance Content and Resources
  Read  this update to see the newest additions to Practical Guidance. This guide is designed to help you find the tools and insights you need to work more efficiently and effectively.
• New! Practical Guidance Journal, 2025 Second Edition features guidance for regulating AI in the workplace in 2025, Intellectual Property issues related to deepfakes, the emergence of AI in mergers and acquisitions, and a checklist to help when evaluating AI technology risks.
• For Practical Guidance content on important recent trends, review easy-to-use Resource Kits on these topics:

• • Chevron Reversal Impact Resource Kit
  • Generative Artificial Intelligence (AI) Resource Kit

• Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content.
• Keep an eye on the SEC Proposed and Adopted Rules Tracker for the latest updates from the Securities and Exchange Commission.
• Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.
• Browse the Practical Guidance Author Center to see the 2600+ leading attorney authors contributing to our 26 practice areas. Interested in becoming a Practical Guidance author? Click here for details. Practical Guidance is committed to amplifying diverse voices of attorneys across all differences, including gender and race.

PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB

Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+