Ƶ

Founders Stock Agreement for Indonesia

Founders Stock Agreement Template for Indonesia

A comprehensive legal agreement governed by Indonesian law that establishes the initial shareholding structure and relationships between the founding members of a company. This document outlines crucial aspects such as share allocation, voting rights, transfer restrictions, and founder obligations, all while ensuring compliance with Indonesian corporate law, particularly Law No. 40 of 2007 on Limited Liability Companies. It serves as the foundation for corporate governance and helps prevent future disputes by clearly defining founders' rights, responsibilities, and exit mechanisms.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Founders Stock Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Founders Stock Agreement?

The Founders Stock Agreement is a critical document used during company formation in Indonesia, typically implemented when two or more individuals establish a new business venture. It serves as the foundational document that governs the relationship between founding shareholders, outlining their ownership rights, responsibilities, and obligations. This agreement is particularly important in the Indonesian business context, where it must comply with Law No. 40 of 2007 on Limited Liability Companies and related regulations. The document typically includes provisions for share allocation, voting rights, transfer restrictions, non-compete clauses, and dispute resolution mechanisms. It's essential for protecting founders' interests while ensuring smooth corporate governance and operation.

What sections should be included in a Founders Stock Agreement?

1. Parties: Identification of the founding shareholders and the company

2. Background: Context of the agreement, including company formation and purpose

3. Definitions: Key terms used throughout the agreement

4. Share Allocation and Capital Structure: Details of initial share distribution among founders and capital structure

5. Subscription and Payment: Terms for payment of shares and completion of subscription

6. Founders' Commitments and Obligations: Core commitments, including full-time dedication and non-compete provisions

7. Transfer Restrictions: Limitations on share transfers and right of first refusal provisions

8. Board Composition and Management: Governance structure and management rights

9. Reserved Matters: Decisions requiring special approval from founders

10. Confidentiality: Protection of company and founder confidential information

11. Term and Termination: Duration of agreement and circumstances for termination

12. Dispute Resolution: Process for resolving disputes under Indonesian law

13. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law

What sections are optional to include in a Founders Stock Agreement?

1. Intellectual Property Assignment: Required when founders are transferring existing IP to the company

2. Vesting Provisions: Used when implementing share vesting schedules for founders

3. Founder Roles and Responsibilities: Included when specific operational roles need to be defined

4. Anti-dilution Protection: Added when future investment rounds are contemplated

5. Tag-along and Drag-along Rights: Included when planning for future exit scenarios

6. Death and Incapacity Provisions: Optional provisions for handling shares in case of founder death or incapacity

7. Special Share Rights: Required when creating different share classes or special voting rights

8. External Investment Provisions: Added when immediate external investment is planned

What schedules should be included in a Founders Stock Agreement?

1. Schedule 1: Share Capital and Shareholding Structure: Detailed breakdown of share allocation and ownership percentages

2. Schedule 2: Deed of Adherence: Template for new shareholders to become bound by the agreement

3. Schedule 3: Reserved Matters List: Comprehensive list of decisions requiring special approval

4. Schedule 4: Company Information: Details of company registration, directors, and corporate structure

5. Schedule 5: Intellectual Property Register: List of IP assets being transferred or licensed to the company

6. Schedule 6: Business Plan: Initial business plan and financial projections

7. Appendix A: Share Transfer Notice: Template for notifying other shareholders of intended share transfers

8. Appendix B: Vesting Schedule: Detailed vesting terms and schedules if applicable

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

Jurisdiction

Indonesia

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions









































Clauses


































Relevant Industries

Technology

E-commerce

Financial Services

Manufacturing

Healthcare

Education

Retail

Professional Services

Media and Entertainment

Food and Beverage

Agriculture

Real Estate

Transportation and Logistics

Clean Energy

Telecommunications

Relevant Teams

Legal

Executive

Corporate Governance

Compliance

Finance

Business Development

Administration

Corporate Affairs

Board of Directors

Company Secretariat

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Company Founder

Managing Director

Corporate Lawyer

Legal Counsel

Company Secretary

Board Member

Director of Operations

Head of Legal

Investment Manager

Corporate Governance Officer

Compliance Officer

Business Development Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Real Estate Investment Operating Agreement

An agreement governing real estate investment operations and management in Indonesia, detailing rights, obligations, and operational procedures under Indonesian law.

find out more

Investment Banking Contract

An Indonesian law-governed agreement establishing terms for investment banking services, incorporating OJK and Bank Indonesia regulatory requirements.

find out more

Investment Banking Agreement

An Indonesian law-governed agreement establishing terms and conditions for investment banking services, ensuring compliance with OJK regulations and local banking laws.

find out more

Simple Investment Agreement

An Indonesian law-governed agreement establishing terms for company investment, share subscription, and investor rights in compliance with local investment regulations.

find out more

Shareholders Agreement And Share Purchase Agreement

An Indonesian law-governed agreement combining share purchase terms and ongoing shareholder arrangements for corporate ownership and governance.

find out more

Bank Repurchase Agreement

An Indonesian law-governed agreement for securities repurchase transactions between financial institutions, incorporating local regulatory requirements and market practices.

find out more

Agreement To Invest In A Business

An Indonesian law-governed agreement setting out terms for business investment, complying with local investment regulations and foreign ownership requirements.

find out more

Investment Contract For Small Business

A legally binding investment agreement for small businesses in Indonesia, outlining investment terms, rights, and obligations while ensuring compliance with Indonesian law.

find out more

Limited Partner Agreement Private Equity

An Indonesian law-governed agreement establishing the relationship between General and Limited Partners in a private equity fund, defining investment terms and regulatory compliance requirements.

find out more

Private Investment Agreement

An Indonesian law-governed agreement establishing terms and conditions for private investment in an Indonesian company, including investment structure, rights, and obligations.

find out more

Contract Agreement For Investment

An Indonesian law-governed agreement establishing terms and conditions for investment transactions, ensuring compliance with local investment regulations and protecting parties' interests.

find out more

Shareholders Agreement And Share Subscription Agreement

An Indonesian law-governed agreement combining share subscription terms with ongoing shareholder relationship regulation and corporate governance framework.

find out more

Purchase Of Shares Agreement

An Indonesian law-governed agreement documenting the terms and conditions for the sale and purchase of shares in a company, including price, warranties, and completion mechanics.

find out more

Memorandum Of Agreement For Investment

Indonesian law-governed investment agreement template establishing terms and conditions for investment in Indonesian entities, compliant with local investment regulations.

find out more

Letter Of Investment Agreement

An Indonesian-law governed agreement detailing investment terms and conditions between investors and recipient companies, ensuring regulatory compliance and protection of parties' interests.

find out more

Joint Investment Agreement

An Indonesian law-governed agreement establishing terms for joint investment between multiple parties, including capital contributions, ownership, and management rights.

find out more

Investment Repayment Agreement

An Indonesian law-governed agreement establishing terms for investment repayment, including payment schedules, security arrangements, and compliance with local investment regulations.

find out more

Deed Of Sale Of Shares Of Stock

An Indonesian notarial deed documenting the legal transfer of company shares from seller to buyer, compliant with Indonesian corporate law.

find out more

Stock Share Agreement

An Indonesian law-governed agreement documenting the terms and conditions for the transfer of company shares between parties, ensuring compliance with local corporate regulations.

find out more

Simple Equity Investment Agreement

Indonesian law-governed agreement for equity investment in companies, detailing share subscription terms and regulatory compliance requirements.

find out more

Simple Stock Purchase Agreement

An Indonesian law-governed agreement for the straightforward purchase and sale of shares between parties, incorporating essential terms and local regulatory requirements.

find out more

Return On Investment Contract

An Indonesian law-governed agreement establishing investment terms, profit-sharing mechanisms, and regulatory compliance requirements for investment arrangements in Indonesia.

find out more

Private Placement Agent Agreement

An Indonesian law-governed agreement appointing a placement agent to conduct private placement of securities, subject to OJK regulations.

find out more

Project Investment Agreement

An Indonesian law-governed agreement establishing terms and conditions for project investment, including regulatory compliance and implementation framework.

find out more

Non Discretionary Investment Advisory Agreement

An Indonesian law-governed agreement establishing a non-discretionary investment advisory relationship, regulated by OJK, where the advisor provides recommendations but the client retains decision-making authority.

find out more

Loss Share Agreement

An Indonesian law-governed agreement between financial institutions establishing terms for sharing losses on specified assets, regulated by OJK.

find out more

Investment Mandate Agreement

An Indonesian law-governed agreement appointing an investment manager to manage client assets under OJK regulations.

find out more

Assignment Of Investment Advisory Contract

An Indonesian law-governed agreement transferring investment advisory services from one licensed advisor to another, compliant with OJK regulations.

find out more

Agreement For Transfer Of Shares

An Indonesian law-governed agreement documenting the transfer of company shares between parties, including terms, conditions, and regulatory compliance requirements.

find out more

Investment Club Operating Agreement

An Indonesian law-governed agreement establishing the structure and operations of an investment club, including membership rights, investment policies, and governance procedures.

find out more

Agreement To Sell Shares Of A Company

An Indonesian law-governed agreement documenting the sale and transfer of company shares between parties, ensuring compliance with local corporate regulations.

find out more

Share Investment Agreement

An Indonesian law-governed agreement detailing terms and conditions for share investment in a company, including investment structure, shareholder rights, and regulatory compliance requirements.

find out more

Investment Subscription Agreement

An Indonesian law-governed agreement documenting terms and conditions for subscribing to shares or securities in a company, including investment terms and regulatory compliance requirements.

find out more

Personal Investment Contract

An Indonesian law-governed agreement establishing terms and conditions for personal investment activities, compliant with OJK regulations.

find out more

Founders Stock Agreement

An Indonesian law-governed agreement establishing share ownership structure and rights between company founders.

find out more

Event Investment Contract

An Indonesian law-governed agreement establishing terms for event investment, including funding, profit-sharing, and operational requirements.

find out more

Share Subscription Agreement And Share Purchase Agreement

An Indonesian law-governed agreement combining share subscription and purchase provisions for new and existing shares in an Indonesian company.

find out more

Limited Partnership Term Sheet

A preliminary agreement outlining key terms for establishing a limited partnership under Indonesian law, setting forth essential partnership conditions and regulatory compliance requirements.

find out more

Restaurant Investment Agreement

An Indonesian law-governed agreement establishing terms for restaurant business investment, including ownership, management rights, and regulatory compliance.

find out more

Real Estate Investment Partnership Agreement

An Indonesian law-governed agreement establishing terms for real estate investment partnerships, addressing property ownership, management, and regulatory compliance.

find out more
See more related templates

ұԾ’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; ұԾ’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

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

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