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I will draft a bulletproof UK founders agreement for your startup
SRA Regulated UK Solicitor, Corporate, Commercial Contract Specialist
I am Fiona Elizabeth Pounds (#415816), a qualified UK Solicitor specializing in corporate and commercial law. I provide startup founders, investors, and business owners with robust, tailored legal agr...
About this Gig
Secure Your Startup's Future Before You Launch
Co-founder disputes are a leading cause of early-stage startup failure. I am Fiona Elizabeth Pounds (#415816), a UK Solicitor specializing in early-stage commercial structuring. I draft comprehensive UK Founders Agreements that solidify roles, protect equity, and ensure intellectual property is legally tied to the business.
Key Coverage Points:
- Equity & Vesting Schedules: Time-based or milestone-based vesting to safeguard equity.
- Intellectual Property Assignment: Ensure all pre-existing and future IP belongs to the startup.
- Roles & Capital Contributions: Clear definitions of capital commitments, duties, and operational control.
- Departure Provisions: Off-boarding terms for exiting co-founders without destroying company valuation.
- Dispute Mechanisms: Deadlock solutions tailored for early-stage teams.
Why Order This Gig?
Avoid legal ambiguity when presenting to angel investors or VCs. Get a professional draft under English Law that builds institutional credibility from day one.
Next Steps: Choose your tier and fill out the requirement form to receive your ready-to-sign agreement.
Field of law:
Business (corporate)
•
Property
•
Commercial
Legal consulting Gigs are not screened
Please note that there is no screening process for this service. We recommend that you message the freelancer and check all necessary details before placing your order. Pro freelancers in this category have gone through a vetting process. You can find more details here.
FAQ
When should a startup sign a Founders Agreement?
As early as possible ideally before writing code, launching products, or registering intellectual property.
What is founder equity vesting?
Vesting ensures founders earn their equity over time (e.g., a 4-year schedule with a 1-year cliff). If a founder leaves early, unvested equity returns to the company pool.
Why is an IP Assignment clause essential in a Founders Agreement?
Without explicit IP assignment clauses, individual founders legally retain the rights to the code, branding, or designs they create, rather than the business owning them.
Is a Founders Agreement legally binding in the UK?
Yes, when drafted properly with offer, acceptance, consideration, and clear intent to create legal relations under English Law.
Can this agreement transition into a Shareholders Agreement later?
Yes. This document acts as the foundational contract and can be converted or supplemented once formal incorporation and share allocations occur.
What happens if a co-founder stops working on the startup?
The agreement defines "Good" or "Bad" leaver rules, determining whether they retain equity or must sell it back at nominal value.
