Document background
The Co-Founder Vesting Agreement is a crucial document in the Austrian startup ecosystem, typically implemented during company formation or early-stage development. It serves to protect both the company and co-founders by ensuring long-term commitment through gradual share vesting, while complying with Austrian corporate law requirements. This agreement becomes particularly important when multiple founders are involved, establishing clear terms for share ownership, transfer restrictions, and consequences of departure. The document addresses specific Austrian legal considerations regarding share transfers, corporate governance, and tax implications, while incorporating standard vesting practices common in international startup environments. It's essential for securing investor confidence and maintaining founder alignment during crucial growth phases.
