Founder Collaboration Agreement

Founder Collaboration Agreement Template for England and Wales

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Founder Collaboration Agreement

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

"I need a Founder Collaboration Agreement for a technology startup with three co-founders, where two founders will work full-time starting March 2025 and one will initially be part-time, with different equity allocations and vesting schedules for each founder."

Document background

The Founder Collaboration Agreement is essential when multiple individuals or entities come together to establish a new business venture in England and Wales. This document serves as the foundation for the working relationship between founders, addressing crucial aspects such as equity distribution, roles and responsibilities, decision-making processes, and intellectual property rights. It helps prevent future misunderstandings and provides a clear framework for resolving potential disputes. The agreement should be put in place at the earliest stages of business formation to ensure all parties have a clear understanding of their rights and obligations.

Suggested Sections

1. Parties: Identification and details of all founding members

2. Background: Context of collaboration and purpose of the agreement

3. Definitions: Key terms used throughout the agreement

4. Roles and Responsibilities: Detailed description of each founder's duties and commitments

5. Intellectual Property Rights: Ownership and handling of IP created during collaboration

6. Decision Making: Process for making key business decisions

7. Capital Contributions: Financial and non-financial contributions of each founder

8. Profit Sharing: Distribution of profits among founders

9. Term and Termination: Duration and conditions for ending the agreement

Optional Sections

1. Non-Compete: Restrictions on competing activities during and after the collaboration

2. Confidentiality: Protection of sensitive information and trade secrets

3. Exit Provisions: Procedures and terms for founder departure or exit

4. Dispute Resolution: Specific procedures for resolving disagreements between founders

Suggested Schedules

1. Schedule 1 - Business Plan: Detailed plan of business operations and objectives

2. Schedule 2 - Initial Capital Contributions: Schedule of founders' initial investments and contributions

3. Schedule 3 - Intellectual Property Register: List of existing IP brought into the collaboration by each founder

4. Schedule 4 - Roles and Responsibilities Matrix: Detailed breakdown of specific duties and responsibilities of each founder

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Relevant Teams

Relevant Roles

Industries

Companies Act 2006: Primary legislation governing company formation and operation in England and Wales

Limited Liability Partnerships Act 2000: Legislation governing the formation and operation of Limited Liability Partnerships

Copyright, Designs and Patents Act 1988: Main UK legislation covering intellectual property rights related to copyright, designs and patents

Trade Marks Act 1994: Legislation governing trademark protection and registration in the UK

Patents Act 1977: Primary legislation governing patent rights and protection in the UK

Trade Secrets (Enforcement) Regulations 2018: Regulations protecting confidential business information and trade secrets

Employment Rights Act 1996: Key legislation governing employment rights and relationships for founders who may be employees

National Minimum Wage Act 1998: Legislation ensuring minimum payment standards for employed individuals

Working Time Regulations 1998: Regulations governing working hours, breaks and leave entitlements

Unfair Contract Terms Act 1977: Legislation controlling the use of unfair terms in contracts and business dealings

Contracts (Rights of Third Parties) Act 1999: Legislation governing how third parties may enforce terms of a contract

UK GDPR: Post-Brexit data protection regulation governing personal data processing and protection

Data Protection Act 2018: UK's implementation of data protection standards and requirements

Competition Act 1998: Legislation preventing anti-competitive behavior and promoting fair competition

Enterprise Act 2002: Legislation governing business competition and enterprise regulation

Financial Services and Markets Act 2000: Regulation of financial services and markets in the UK

Income Tax Act 2007: Legislation governing personal income taxation

Corporation Tax Act 2010: Primary legislation governing corporate taxation

Arbitration Act 1996: Framework for arbitration as a form of alternative dispute resolution

Civil Procedure Rules: Rules governing civil litigation and court procedures in England and Wales

Find the exact document you need

Collaboration Agreement With Builder

A legal agreement under English and Welsh law establishing terms for collaboration between construction parties in building projects.

find out more

Property Collaboration Agreement

A legal agreement under English and Welsh law establishing terms for parties to collaborate on property-related projects.

find out more

Co Writer Agreement

A legal agreement under English and Welsh law establishing terms between musical collaborators for joint songwriting projects.

find out more

Founder Collaboration Agreement

A legally binding agreement under English and Welsh law that establishes the framework for cooperation between founders in establishing and running a business venture.

find out more

Master Collaboration Agreement

A foundational agreement under English and Welsh law establishing terms for ongoing collaboration between multiple parties.

find out more

Exclusive Collaboration Agreement

A legally binding agreement establishing exclusive partnership terms between parties, governed by English and Welsh law.

find out more

Collaboration Contract Agreement

A legally binding agreement under English and Welsh law that establishes terms for parties to collaborate on projects or initiatives.

find out more

Collaboration Research Agreement

A legal framework under English and Welsh law governing joint research activities between multiple parties, addressing IP rights, confidentiality, and project governance.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.

Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research

Oops! Something went wrong while submitting the form.

�ұ�Ծ��’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; �ұ�Ծ��’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.

��������Ƶ

How ��������Ƶ reduced drafting time by 75% for a legal firm

Let's create your Founder Collaboration Agreement

Authors

Alex Denne

Find the exact document you need

Technology Collaboration Agreement

Song Collaboration Agreement

Software Collaboration Agreement

Business Collaboration Contract

Author Illustrator Collaboration Agreement

Artist Collaboration Contract

Collaboration Agreement With Builder

Property Collaboration Agreement

Co Writer Agreement

Founder Collaboration Agreement

Master Collaboration Agreement

Exclusive Collaboration Agreement

Collaboration Contract Agreement

Collaboration Research Agreement

Download our whitepaper on the future of AI in Legal

�ұ�Ծ���’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security

Innovation in privacy:

Want to know more?

Draft quality legal agreements or review documents in 3 minutes

Templates

Industries

Legal Services

Manufacturing

Construction

Solutions

Use Cases

Company Types

Comparisons

Business Categories

Teams

Information

��Ƶ

How ��Ƶ reduced drafting time by 75% for a legal firm

�ұ�Ծ��’s Security Promise