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Founder Equity Agreement
"Need a Founder Equity Agreement for my Singapore-based fintech startup with three co-founders, including a 4-year vesting schedule and specific provisions for IP rights as we're bringing existing software patents into the company, to be effective from March 2025."
1. Parties: Identification of all founding members and the company
2. Background: Context of the agreement and company formation
3. Definitions: Key terms used throughout the agreement
4. Share Allocation: Initial distribution of shares among founders
5. Vesting Provisions: Terms of share vesting schedule and conditions
6. Transfer Restrictions: Limitations on share transfers and right of first refusal
7. Founders' Commitments: Obligations and responsibilities of founders
8. Termination: Circumstances and process for agreement termination
1. Intellectual Property Rights: Assignment of IP rights to company when founders are contributing existing IP
2. Non-Compete Provisions: Restrictions on competitive activities when protecting company interests from founder competition
3. Drag-Along Rights: Forced sale provisions when planning for future sale scenarios
4. Tag-Along Rights: Right to join in sale of shares when protecting minority founders
1. Share Capital Table: Detailed breakdown of share ownership
2. Vesting Schedule: Detailed timeline of share vesting
3. Business Plan: Company's initial business plan and objectives
4. IP Schedule: List of intellectual property being contributed
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