A Founder Agreement sets out the terms on which two or more individuals (co-founders) have agreed to work together in a newly incorporated company in order to develop a business concept and/or technology.
This Founder IP Assignment is intended to be used to assign IP rights created by a founder for the company to the company itself. It will often be required to assign IP created by the founder prior to the founder entering into a formal services agreement with the company, which would otherwise continue to subsist in the founder. This Founder IP Assignment is drafted broadly and is not appropriate for more general IP assignments (see IP Assignment Templates).
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A Founder Agreement sets out the terms on which two or more individuals (co-founders) have agreed to work together in a newly incorporated company in order to develop a business concept and/or technology.
This Founder IP Assignment is intended to be used to assign IP rights created by a founder for the company to the company itself. It will often be required to assign IP created by the founder prior to the founder entering into a formal services agreement with the company, which would otherwise continue to subsist in the founder. This Founder IP Assignment is drafted broadly and is not appropriate for more general IP assignments (see IP Assignment Templates).