Founders Agreement Template
Build a Strong Foundation for Your Partnership
Our Founders Agreement Template is crafted to help you and your co-founders set clear expectations, define responsibilities, and outline each founder’s rights and obligations. This essential agreement provides the framework for a successful partnership by addressing key terms and protecting each founder’s interests as you grow your business together.
What’s Included:
Equity Ownership & Distribution: Define each founder's ownership percentage and equity distribution.
Roles and Responsibilities: Clearly outline each founder’s role, duties, and contributions to prevent future disputes.
Decision-Making Authority: Set up guidelines for voting rights, decision-making, and conflict resolution among founders.
Vesting and Exit Provisions: Protect your business by ensuring that equity is earned over time with a vesting schedule, and outline terms for a founder’s exit.
IP Ownership & Confidentiality: Address intellectual property rights, confidentiality obligations, and non-compete clauses to secure business assets and prevent conflicts of interest.
Dispute Resolution: Include mechanisms for resolving conflicts efficiently to keep the partnership strong and focused.
Who Should Use This Template: This template is ideal for early-stage startups and businesses with multiple founders. It provides the essential structure needed to avoid misunderstandings and align on shared goals, making it a critical tool for any co-founded venture.
Pro Tips:
Customize roles and responsibilities based on each founder’s skills and expected contributions.
Regularly revisit the agreement to ensure it aligns with your business’s growth and evolving needs.
Disclaimer: This template is for general informational purposes and does not constitute legal advice. We recommend consulting a licensed attorney to ensure it is tailored to your specific business requirements and complies with applicable laws.