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Founder Service Agreement

Legally binding agreement made between founder and Company to lay out terms of service. Contains some clauses unique to founders and can be used as a single founder or multiple co-founders when starting a company

High Level Description

Key legal template for founders to govern their business relationships and define their service agreement with the Company. The Agreement lays out rights, responsibilities, liabilities, obligations of founder and more

Why use Template

Legally binding agreement made between founder and Company to lay out terms of service. Contains some clauses unique to founders and can be used as a single founder or multiple co-founders when starting a company

Key Areas of Coverage

Intellectual Property before /after Start Date

IP Ownership

Restrictive Covenants

When to use Template

Can be used to demonstrate to potential investors that you are diligent, have consensus on key issues and are organized

Additional Information

Enable appropriate negotiations on terms of agreement

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