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I will draft a comprehensive startup co founder agreement
Expert in Business Formation Agreement Drafting
I'm M.A Kekoa Keiley White, a specialist in drafting foundational business legal documents. My expertise lies in creating clear, comprehensive, and protective agreements for partners, LLC members, and...
About this Gig
Your startup idea is brilliant, but 65% of startups fail due to co-founder conflict. Secure your venture from the inside with a rock-solid Co-founder Agreement. This document aligns all founders on key issues before they become problems, protecting your equity, your intellectual property, and your vision.
I specialize in drafting agreements for the unique, fast-paced environment of startups. I will help you formalize your relationship and build a legal foundation that can attract investors.
My Founder Agreements cover the critical areas:
- Equity Split: How ownership is divided.
- Roles & Responsibilities: Who does what, preventing overlap and gaps.
- Intellectual Property (IP) Assignment: Ensures all work done for the startup is owned by the company, not the individual.
- Vesting Schedule: Protects the company if a founder leaves early. (Standard & Premium)
- Decision-Making: How key business decisions are made.
- Confidentiality & Non-Compete: Protects your trade secrets. (Premium)
- Right of First Refusal: Controls who can buy a founder's shares if they leave.
Don't risk your startup's future on a verbal understanding. Order now to forge a strong founder alliance.
Field of law:
Civil rights
Target country:
United States
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
Why is Intellectual Property (IP) assignment so important for a startup?
Investors will not fund a company that doesn't own its core technology or brand. This clause legally transfers the IP created by founders to the company, making the business a valuable, self-contained asset.
We are 50/50 co-founders. What happens if we can't agree on a major decision?
This is a classic "deadlock" scenario. I can build in a deadlock resolution clause, such as requiring mediation or giving a designated founder a tie-breaking vote on certain matters, to keep the business moving.
What is a standard vesting schedule for a startup?
The most common is a 4-year vesting period with a 1-year "cliff." This means you receive no equity for the first year, and if you stay past one year, you get 25% of your equity. The rest is earned monthly over the next three years.
We haven't incorporated our company yet. Can we still have a co-founder agreement?
Yes, and you absolutely should. A co-founder agreement can be made before incorporation and can include the intent to form a company, governing your relationship during the crucial pre-incorporation phase.
What's the difference between this and a Partnership Agreement?
While similar, a Co-founder Agreement is specifically tailored for high-growth startups and includes clauses vital for that ecosystem, such as IP assignment, vesting, and structuring for future investment, which are often less detailed in a traditional partnership agreement.
