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
Key Areas of Coverage
Intellectual Property before /after Start Date
IP Ownership
Restrictive Covenants
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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
When to use Template
Can be used to demonstrate to potential investors that you are diligent, have consensus on key issues and are organized
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
Additional Information
Enable appropriate negotiations on terms of agreement
Do it with passion or not at all
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