Draft a comprehensive legal Founders Agreement defining equity split, vesting schedules, roles, IP ownership, decision-making, and exit clauses.
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A legally binding Founders Agreement protects startup co-founders by governing equity split, reverse vesting schedules, roles, intellectual property (IP) assignment, decision-making authority, and co-founder exit clauses before raising external VC capital.
Protect company equity with 4-year reverse vesting schedules & 1-year cliff terms for co-founders.
Ensures all software code, patents, logos, and inventions belong 100% to the company rather than individual founders.
Establish clear voting power, major decision vetoes, and tie-breaker mechanisms to prevent co-founder disputes.
Pre-defined share valuation and buyout terms if a co-founder leaves the company voluntarily or involuntarily.