Paralegal
What is Teamshares ?
Teamshares Inc. (Nasdaq: TMS) is a tech-enabled acquirer of high-quality businesses that intends to be a permanent home for the businesses it acquires. Part holding company, part fintech, Teamshares programmatically acquires companies with $0.5 million to $5 million of EBITDA from retiring owners, integrates them with the Teamshares platform, and helps their employees earn company stock. Founded in 2019, Teamshares is on a mission to create $10 billion of new wealth for lower-income Americans through employee ownership—addressing a longstanding gap, as before Teamshares there wasn't an easy way for the small businesses that make up 98% of U.S. firms to become employee-owned.
What You Will Do:
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Assist Teamshares ’ legal team with various legal projects and responsibilities.
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Support Teamshares ’ obligations as a publicly traded company, including assisting with Section 16 filings (Forms 3, 4, and 5), Exchange Act and Nasdaq compliance matters, D&O questionnaires, insider trading policy administration, equity plan administration, and Board and annual meeting logistics.
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Help manage the closing process in the acquisition of businesses. This includes acquisitions of varying types and legal structures (e.g., stock purchases, asset purchases, and mergers); coordinating and reviewing diligence deliverables such as lien, UCC, and title searches; and drafting and negotiating ancillary transaction documents (e.g., bills of sale, assignment and assumption agreements, secretary’s and officer’s certificates, payoff letters and lien releases, and escrow agreements).
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Iterate on a document management and legal compliance system for each of Teamshares ’ network companies, including corporate minute books, organizational charts, and governance records for the parent company and each subsidiary.
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Help implement and maintain the employee ownership program in each Teamshares network company, including equity administration and cap table maintenance.
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Develop thoughtful and innovative strategies to improve the existing acquisition process.
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Collaborate with the product development team and drive continuous discussions of opportunities where software can be leveraged to augment efficiency and scale.
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Support corporate governance matters for Teamshares and its subsidiaries, including preparing and maintaining materials for Board and committee meetings, drafting Board and stockholder/member resolutions and written consents, maintaining and coordinating receipt of good standing certificates, and maintaining minute books and equity records.
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Form new subsidiaries in connection with acquisitions, including drafting and filing certificates of incorporation/formation, bylaws and operating agreements, organizational resolutions, and IRS Form SS-4 applications.
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Support outside counsel and the Legal team on routine litigation and pre-litigation matters affecting Teamshares and its network companies, including responding to wage garnishments and income withholding orders, coordinating compliance with HR/payroll, and tracking litigation deadlines and maintaining litigation files.
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Manage relationships with the registered agent, corporate filing agents, and other outside vendors; maintain the Legal team’s contract repository and compliance calendar (e.g., annual reports, franchise tax filings, and business license renewals); and assist with trademark and other intellectual property docketing.
What You Bring:
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8+ years of paralegal experience, including M&A transaction experience gained in a law firm setting as well as on the in-house legal team of a publicly traded company.
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A paralegal degree, certificate or similar training is preferred, but not required.
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Self-starter with strong communication and organizational skills.
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Exceptional verbal, written and interpersonal communication capabilities.
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Ability to take initiative and ownership of work streams and work independently.
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Han