Co Founder Agreement Startup Template

You can open the Co Founder Agreement Startup Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Co Founder Agreement Startup Template

Printable | Editable Form




Co-Founder Agreement Startup Template (1)
Between:
[Name of Co-Founder 1]
[Co-Founder 1’s ID]
[Co-Founder 1’s Address]
[Co-Founder 1’s Phone]
[Co-Founder 1’s Email]
And:
[Name of Co-Founder 2]
[Co-Founder 2’s ID]
[Co-Founder 2’s Address]
Introduction:
This document serves to formalize the partnership between the co-founders for the establishment and operation of [Startup Name], commencing on [Contract Start Date].
Clause 1: Purpose of the Agreement
The purpose of this agreement is to outline the roles, responsibilities, and ownership structure of the co-founders in relation to [Startup Name].
Clause 2: Roles and Contributions
Co-Founder 1 will oversee [specific roles and contributions]. Co-Founder 2 will be responsible for [specific roles and contributions].
Clause 3: Equity Ownership
The equity ownership shall be divided as follows: Co-Founder 1: [Percentage]% and Co-Founder 2: [Percentage]%.
Clause 4: Decision-Making Process
Major decisions regarding the operation of [Startup Name] will require agreement from both parties. [Specify alternative decision-making processes if applicable].
Clause 5: Intellectual Property
Any intellectual property developed during the course of this agreement will be co-owned by both parties unless otherwise agreed.
Clause 6: Confidentiality
Both parties agree to maintain confidentiality regarding proprietary information and trade secrets of [Startup Name].
Clause 7: Dispute Resolution
In the event of any dispute arising from this agreement, both parties will seek to resolve the matter through mediation before pursuing litigation.
Clause 8: Termination
This agreement may be terminated under the following circumstances: [Specify reasons].
Clause 9: Governing Law
This agreement will be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of Co-Founder 1]
[Name of Co-Founder 1]
[Signature of Co-Founder 2]
[Name of Co-Founder 2]
Co-Founder Agreement Startup Template (2)
Between:
[Name of Co-Founder 1]
[Co-Founder 1’s ID]
[Co-Founder 1’s Address]
[Co-Founder 1’s Phone]
[Co-Founder 1’s Email]
And:
[Name of Co-Founder 2]
[Co-Founder 2’s ID]
[Co-Founder 2’s Address]
Introduction:
This agreement sets forth the terms and conditions under which the Co-Founders agree to collaborate for the successful establishment and growth of [Startup Name].
Clause 1: Definitions
For the purpose of this agreement, the following terms shall have the meanings assigned to them: [Define significant terms].
Clause 2: Capital Contributions
The initial capital contributions shall be made by the co-founders as follows: Co-Founder 1: [Amount] and Co-Founder 2: [Amount].
Clause 3: Profit Sharing
Profits and losses will be shared based on the equity ownership percentages specified in Clause 3 of the previous example.
Clause 4: Voting Rights
Each Co-Founder will have voting rights proportional to their ownership percentage in decisions related to the operations of [Startup Name].
Clause 5: Additional Co-Founders
The inclusion of additional co-founders will require unanimous consent of existing co-founders and must be formalized in writing.
Clause 6: Non-Compete Agreement
Both co-founders agree not to engage in any business that directly competes with [Startup Name] for a period of [Specify period] following termination of this agreement.
Clause 7: Indemnification
Each co-founder agrees to indemnify and hold harmless the other against any claims arising from their actions in relation to [Startup Name].
Clause 8: Amendment
This agreement may only be amended in writing signed by all co-founders.
Clause 9: Entire Agreement
This document constitutes the entire agreement between the parties and supersedes any prior agreements or understandings.
Signed in [City], [Date].
Sincerely,
[Signature of Co-Founder 1]
[Name of Co-Founder 1]
[Signature of Co-Founder 2]
[Name of Co-Founder 2]

Form

Please complete the form below to create the Co-Founder Agreement Startup Template. All fields must be filled out to ensure a clear and complete understanding among co-founders. We provide examples to guide you through each step.

Co-Founder Agreement Startup Template

1. Co-Founder Information




2. Company Information


3. Ownership Structure

4. Roles and Responsibilities

5. Decision Making Process

6. Vesting Schedule

7. Confidentiality and Non-Compete Agreement

8. Exit Strategy and Termination Clauses

9. Dispute Resolution

10. Signatures and Acceptance

11. Declaration and Signatures




PDF


WORD

Printable

Co Founder Agreement Startup Template

Printable | Editable Form




Co Founder Agreement Startup Template