Vesting Agreement Startup Template

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Vesting Agreement Startup Template

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Vesting Agreement Startup Template (1)
Between:
[Name of the Founder]
[Founder’s ID]
[Founder’s Address]
[Founder’s Phone]
[Founder’s Email]
And:
[Name of the Company]
[Company Registration Number]
[Company’s Address]
Introduction:
This Vesting Agreement outlines the terms under which the Founder will earn ownership in the Company, effective as of [Start Date].
Clause 1: Ownership Vesting Schedule
The equity granted to the Founder shall vest over a period of [X years], as follows: [Specify vesting schedule, e.g., monthly, quarterly].
Clause 2: Conditions for Vesting
Vesting is conditional upon the Founder’s continuous service as [Specify role] at the Company during the vesting period, and will cease upon termination.
Clause 3: Acceleration Clause
In the event of a Change of Control, [Define terms for acceleration of vesting].
Clause 4: Termination and Forfeiture
In the event of termination of the Founder’s service, any unvested shares will be forfeited, subject to the exception of [Specify any exceptions].
Clause 5: Governing Law
This agreement shall be governed by the laws of [Jurisdiction], and any disputes will be settled in [Specify location].
Signed in [City], [Date].
Sincerely,
[Signature of the Founder]
[Name of the Founder]
[Signature of the Company Representative]
[Name of the Company Representative]
Vesting Agreement Startup Template (2)
Between:
[Name of the Co-Founder]
[Co-Founder’s ID]
[Co-Founder’s Address]
[Co-Founder’s Phone]
[Co-Founder’s Email]
And:
[Name of the Startup]
[Startup Registration Number]
[Startup’s Address]
Introduction:
This Vesting Agreement serves to establish the terms by which the Co-Founder will vest ownership in the Startup, commencing on [Vesting Start Date].
Clause 1: Vesting Percentage
The Co-Founder will receive [X]% equity in the Company, which will vest according to the following schedule: [Details of vesting periods].
Clause 2: Performance-Based Vesting
Vesting may also be contingent upon achieving specific performance milestones outlined in Exhibit A.
Clause 3: Change of Control
In the event of a Change of Control, all unvested shares will vest immediately if agreed by the existing Board of Directors.
Clause 4: Obligations upon Termination
Upon termination of the Co-Founder’s position, any unvested shares shall be returned to the Company unless otherwise specified.
Clause 5: Amendment of Agreement
Any modifications to this agreement must be made in writing and signed by both parties.
Signed in [City], [Date].
Sincerely,
[Signature of the Co-Founder]
[Name of the Co-Founder]
[Signature of the Startup Representative]
[Name of the Startup Representative]

Form

Please complete the form below to create the Vesting Agreement Startup Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Vesting Agreement Startup Template

1. Parties Information





2. Company Information


3. Agreement Details


4. Vesting Schedule

5. Terms and Conditions

6. Acceleration Clauses

7. Confidentiality Agreements

8. Governing Law

9. Signatures and Acceptance

10. Declaration and Signatures




PDF


WORD

Printable

Vesting Agreement Startup Template

Printable | Editable Form




Vesting Agreement Startup Template