Co-Founder Agreement

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Co-Founder Agreement

Co-Founder Agreement

1. Parties

This Co-Founder Agreement (the “Agreement”) is made and entered into effective as of this {{day}} day of {{month}}, {{year}} (the “Effective Date”), by and between:

{{founder_name_1}}, residing at {{founder_address_1}} (hereinafter referred to as “Founder 1”),

AND

{{founder_name_2}}, residing at {{founder_address_2}} (hereinafter referred to as “Founder 2”).

(Collectively referred to as the “Founders” and individually as a “Founder”)

2. Company Formation

The Founders hereby agree to form a company tentatively named “{{company_name}}” (the “Company”), to be incorporated under the laws of {{jurisdiction}}.

The purpose of the Company shall be {{company_purpose}}.

3. Roles and Responsibilities

The Founders shall collectively determine and agree upon the specific roles and responsibilities of each Founder within the Company. Initial roles shall be as follows:

Founder 1: {{role_founder_1}}

Founder 2: {{role_founder_2}}

These roles may be amended from time to time by mutual written agreement of the Founders.

4. Equity Distribution

The equity in the Company shall be distributed as follows:

Founder 1: {{equity_percentage_founder_1}}% of the total issued share capital.

Founder 2: {{equity_percentage_founder_2}}% of the total issued share capital.

The equity will be subject to a {{vesting_period}}-year vesting schedule, with a {{cliff_period}}-month cliff. Vesting shall commence on the Effective Date.

In the event of a Founder’s departure, unvested shares shall be returned to the Company for redistribution or cancellation, as determined by the remaining Founder(s).

5. Intellectual Property

All intellectual property (including but not limited to inventions, discoveries, designs, software, and trade secrets) created by the Founders in connection with the Company’s business, whether individually or jointly, during the term of this Agreement, shall be the sole and exclusive property of the Company.

Each Founder agrees to assign all rights, title, and interest in such intellectual property to the Company and to execute any documents necessary to perfect such assignment.

6. Decision Making

All major decisions regarding the Company’s operations, strategy, and finances shall require the unanimous written consent of all Founders.

Ordinary business decisions shall be made by {{decision_making_process}}.

7. Confidentiality

Each Founder agrees to keep confidential all non-public information related to the Company’s business, including but not limited to business plans, financial data, customer lists, and proprietary technology. This obligation of confidentiality shall survive the termination of this Agreement.

8. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of {{jurisdiction}}.

9. Dispute Resolution

Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration under the rules of the {{arbitration_body}}.

IN WITNESS WHEREOF

The Founders have executed this Co-Founder Agreement as of the Effective Date.

Signature Block

__________________________

{{founder_name_1}}

Date: {{date}}

__________________________

{{founder_name_2}}

Date: {{date}}