Updated February 22, 2023:
All versions of the model form Safe for LLCs are available at JDForm, including the:
- Post-money Safe for LLCs with valuation cap (short form);
- Post-money Safe with discount (short form); and
- Pre-money long-form Safe with optional discount and valuation cap (original).
The Safe for LLCs is the first Safe specifically designed for limited liability companies classified under U.S. federal tax law as partnerships or disregarded entities. Do not use the Safe for LLCs for any entity classified as a S Corporation.