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Founder Collaboration Agreement
"Need a Founder Collaboration Agreement for a Swiss fintech startup with three co-founders, where two founders are contributing technical IP and one is contributing capital, with a planned company incorporation date of March 2025."
1. Parties: Identification and contact details of all founding members
2. Background: Context of the collaboration, business idea, and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Project Description: Detailed description of the business venture and its objectives
5. Contributions: Initial contributions (capital, assets, IP, time) from each founder
6. Roles and Responsibilities: Specific duties and areas of responsibility for each founder
7. Decision Making: Process for making key business decisions and voting rights
8. Intellectual Property Rights: Ownership and treatment of existing and future IP
9. Confidentiality: Protection of confidential information and trade secrets
10. Non-Competition: Restrictions on competing activities during and after collaboration
11. Equity Structure: Initial ownership percentages and vesting schedules
12. Profit and Loss Sharing: Distribution of profits and allocation of losses
13. Duration and Termination: Term of agreement and conditions for termination
14. Exit Provisions: Procedures for founder departure or company sale
15. Dispute Resolution: Process for resolving disagreements between founders
16. Governing Law: Specification of Swiss law as governing law and jurisdiction
17. General Provisions: Miscellaneous legal provisions including amendments, notices, and severability
1. External Investment: Include when founders anticipate seeking external investment, detailing procedures and preferences
2. Employment Terms: Include when founders will be employed by the company, specifying basic employment conditions
3. Board Composition: Include when establishing initial board structure and governance
4. Share Transfer Restrictions: Include when specific restrictions on share transfers are needed beyond standard provisions
5. Founder Illness/Incapacity: Include when founders want specific provisions for handling long-term illness or incapacity
6. Family Succession Rights: Include when founders want to establish rights for family members in case of death
7. International Operations: Include when business will operate across multiple jurisdictions
8. Technical Development Obligations: Include when project involves specific technical development commitments
1. Schedule 1 - Business Plan: Detailed business plan including market analysis and financial projections
2. Schedule 2 - Initial Contributions: Detailed list of each founder's initial contributions with valuations
3. Schedule 3 - Founder Details: Complete biographical information and qualifications of each founder
4. Schedule 4 - IP Register: List of existing intellectual property brought into the venture
5. Schedule 5 - Vesting Schedule: Detailed equity vesting terms and conditions
6. Schedule 6 - Key Performance Indicators: Specific performance metrics for each founder's role
7. Schedule 7 - Budget and Financial Projections: Initial budget and financial forecasts
8. Appendix A - Shareholders' Agreement Term Sheet: Key terms for future shareholders' agreement
9. Appendix B - Technical Specifications: Technical details of the product or service to be developed
Authors
Technology
Software Development
Biotechnology
Financial Services
E-commerce
Healthcare
Manufacturing
Professional Services
Clean Technology
Digital Media
Educational Technology
Food and Beverage
Real Estate
Consulting
Artificial Intelligence
Blockchain
Retail
Sustainability
Legal
Corporate Development
Executive Leadership
Innovation
Strategy
Business Development
Venture Development
Corporate Finance
Risk Management
Compliance
Intellectual Property
Founder
Co-founder
Chief Executive Officer
Chief Technology Officer
Chief Financial Officer
Chief Operations Officer
Managing Director
Startup Advisor
Corporate Lawyer
Legal Counsel
Business Development Director
Innovation Manager
Entrepreneur in Residence
Venture Partner
Head of Strategy
Product Director
Technical Director
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