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Founders' agreement

Sets equity, vesting, roles and leaver terms between co-founders.

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When to use it

A founders’ agreement is the prenup of a startup: who owns what, how shares vest, who does what, and what happens when a founder leaves. Settling this early — especially vesting — prevents the disputes that kill young companies.

What's inside

  1. The company and shareholding
  2. Roles and commitment
  3. Vesting
  4. Leaver provisions
  5. Intellectual propertyDecides who owns what is created — the customer, the supplier, or each their own.In negotiation: Customers: insist deliverables transfer on payment for that work, not 'payment of all invoices ever'. Suppliers: carve out your pre-existing tools and know-how explicitly.
  6. Decision-making
  7. Confidentiality and non-competeObliges each side to keep the other’s non-public information secret and use it only for the deal.
  8. Transfer of shares
  9. Governing law and jurisdictionChooses which country’s law applies and which courts decide disputes.In negotiation: Pick a forum where you could actually afford to sue — a 'won' clause naming a court you'll never travel to is a loss.

How this template is reviewed

Drafted  Template v1 · June 2026

Written in plain language and self-checked against comparable open standards where they exist. Independent review is pending. Every export is stamped with the template ID and version it came from. A status is never claimed until the work behind it has happened.

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