¶¶Òõ¶ÌÊÓƵ

Simple Agreement For Future Equity Generator for the USA

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

4.6 / 5
4.8 / 5

Let's create your Simple Agreement For Future Equity

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

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:

Simple Agreement For Future Equity

"I need a Simple Agreement for Future Equity (SAFE) for my Delaware-incorporated tech startup to raise $500,000 from an angel investor, with a $5M valuation cap and 20% discount rate, to be executed by March 2025."

Document background
The Simple Agreement for Future Equity (SAFE) was created by Y Combinator in 2013 as a more founder-friendly alternative to convertible notes. Used predominantly in the United States startup ecosystem, SAFEs are particularly valuable for early-stage companies that need to raise capital quickly without establishing a valuation or negotiating complex terms. The agreement defines key conversion triggers, including equity financing rounds, liquidation events, and dissolution events, while maintaining compliance with U.S. securities regulations. SAFEs typically include provisions for valuation caps, discount rates, and most favored nation clauses, making them flexible instruments for both companies and investors.
Suggested Sections

1. Parties: Identification of the company and investor(s)

2. Background: Context of the agreement and intention to provide investment rights

3. Definitions: Key terms including Equity Financing, Liquidity Event, Dissolution Event, and other relevant definitions

4. Investment Amount: Specified amount of investment and payment terms

5. Events: Treatment of Equity Financing, Liquidity Event, Dissolution Event, and Termination

6. Company Representations: Company's warranties and representations

7. Investor Representations: Investor's warranties and representations

8. General Provisions: Miscellaneous legal provisions including governing law, notices, and amendments

Optional Sections

1. MFN Amendment Provision: Most Favored Nation clause, used when the company wants flexibility to offer different terms to future investors

2. Pro-rata Rights: Rights to participate in future financing rounds, used when granting investors rights to maintain ownership percentage

3. Information Rights: Rights to receive company information, used when granting investors additional information access rights

Suggested Schedules

1. Cap Table: Current capitalization of the company

2. Form of Notice of Exercise: Template for exercising conversion rights

3. Disclosure Schedule: Additional disclosures and exceptions to representations

4. Valuation Cap Certificate: Details of the valuation cap calculation if applicable

Authors

Alex Denne

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

Clauses






















Industries

Securities Act of 1933: Federal law requiring registration of securities offerings and establishing anti-fraud provisions, crucial for SAFE agreements as they are considered securities

Securities Exchange Act of 1934: Federal law governing secondary market trading and establishing SEC oversight, relevant for future trading considerations of converted securities

Regulation D: SEC rules providing exemptions from securities registration requirements, particularly Rule 506 which is commonly used for private placements including SAFEs

State Blue Sky Laws: State-specific securities regulations that require compliance alongside federal securities laws, including registration and exemption requirements

Delaware General Corporation Law: Comprehensive state corporate law framework often applicable to SAFE agreements as many startups are Delaware-incorporated

Investment Company Act of 1940: Federal law regulating investment companies and funds, relevant for ensuring SAFE issuers don't inadvertently become investment companies

Internal Revenue Code: Federal tax law governing the tax treatment of SAFEs, including conversion events and potential tax implications

State Contract Laws: State-specific laws governing contract formation, enforcement, and interpretation applicable to SAFE agreements

SEC Regulations: Federal regulatory framework overseeing securities offerings, including disclosure requirements and investor protections

FINRA Regulations: Rules governing broker-dealers who might be involved in SAFE transactions, including compliance and disclosure requirements

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

Sweat Equity Operating Agreement

A U.S. legal agreement governing the exchange of services for LLC ownership interests instead of monetary compensation.

find out more

Continuous Agreement For Future Equity

A U.S.-governed agreement providing investors with rights to future company equity in exchange for immediate capital investment.

find out more

Equity Agreement Contract

A U.S.-governed agreement establishing terms for equity issuance or transfer, including shareholder rights and regulatory compliance requirements.

find out more

Founder Equity Agreement

A U.S.-governed legal agreement that establishes ownership rights and responsibilities among company founders.

find out more

Equity Split Agreement

A U.S.-compliant legal agreement defining how company ownership is divided among stakeholders.

find out more

Private Equity Finder's Fee Agreement

A U.S.-governed agreement establishing terms for compensating intermediaries who introduce investors to private equity opportunities.

find out more

Convertible Loan Agreement Startup

A U.S.-governed agreement establishing terms for a loan that can convert into equity, commonly used in startup funding.

find out more

Simple Agreement For Future Equity

A U.S.-governed investment instrument that provides rights to future equity in exchange for current funding, convertible upon specific trigger events.

find out more

Advisor Equity Agreement

A U.S.-compliant agreement defining terms for advisor services in exchange for company equity compensation.

find out more

Sweat Equity Agreement

A U.S.-compliant agreement documenting the exchange of services for company equity instead of monetary compensation.

find out more

Startup Equity Contract

A U.S.-governed legal agreement defining terms and conditions for equity compensation in startups, including vesting schedules and exercise terms.

find out more

Equity Share Contract

A U.S.-governed legal agreement defining terms and conditions of corporate share ownership, compliant with federal and state securities laws.

find out more

Equity Incentive Agreement

A U.S. legal agreement establishing terms for employee equity compensation, including stock options and RSUs, compliant with federal and state laws.

find out more

Convertible Agreement Regarding Equity

A U.S.-governed investment agreement providing rights to future equity in exchange for immediate capital investment.

find out more

Equity Stake Agreement

A U.S.-governed agreement documenting the terms and conditions of an equity investment or transfer of ownership stakes in a company.

find out more

Equity Release Agreement

A U.S. legal agreement allowing property owners to access their property's equity while maintaining residency rights.

find out more

Equity Pledge Agreement

A U.S. law agreement creating a security interest in equity securities as collateral for an obligation.

find out more

Equity Commitment Agreement

A U.S.-governed agreement establishing an investor's binding commitment to provide equity funding under specified terms and conditions.

find out more

Phantom Equity Agreement

A U.S.-governed agreement that provides employees with economic benefits similar to stock ownership without actual equity transfer.

find out more

Employee Equity Agreement

A U.S. legal agreement governing the grant of company equity to employees, including terms of ownership, vesting, and transfer restrictions.

find out more

Standby Equity Distribution Agreement

A U.S.-governed agreement establishing a flexible equity financing facility allowing companies to sell shares to investors on a periodic basis, subject to federal securities laws.

find out more

Equity Participation Agreement

A U.S.-governed agreement establishing terms for acquiring and holding an ownership stake in a company, including associated rights and obligations.

find out more

Equity Distribution Agreement

A U.S.-governed agreement establishing terms for the sale of company shares through a distribution agent in at-the-market offerings.

find out more

Equity Contribution Agreement

A U.S. legal agreement documenting the terms of an equity investment in exchange for ownership rights in a business entity.

find out more

Equity Buyback Agreement

A U.S. legal agreement governing a company's repurchase of its own shares from existing shareholders.

find out more

Equity Ownership Agreement

A U.S.-governed agreement establishing terms and conditions of company equity ownership, including shareholder rights and obligations.

find out more

Employee Stock Options Agreement

A U.S.-governed agreement granting employees the right to purchase company stock at predetermined terms under federal securities laws.

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.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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.