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1. Parties: Identification of all co-founders and the company (if already incorporated)
2. Background: Context of the agreement, business idea, and purpose of collaboration
3. Definitions: Key terms used throughout the agreement
4. Company Formation: Details about company structure, legal form, and registration process
5. Equity Distribution: Initial shareholding structure and any vesting arrangements
6. Capital Contributions: Financial and non-financial contributions of each founder
7. Roles and Responsibilities: Detailed description of each founder's role and commitment level
8. Decision Making: Governance structure and voting rights for key decisions
9. Intellectual Property Rights: Assignment and protection of IP created before and after formation
10. Confidentiality: Protection of business secrets and confidential information
11. Non-Competition: Restrictions on competing activities during and after involvement
12. Exit Provisions: Procedures for founder departure, share transfers, and company sale
13. Term and Termination: Duration of agreement and circumstances for termination
14. General Provisions: Standard legal clauses including governing law and jurisdiction
1. Founder Employment: Used when founders will also be employees, defining employment terms
2. Share Option Pool: Include when planning future employee share schemes
3. Investment Rights: When anticipating future investment rounds and related rights
4. Deadlock Resolution: For agreements with equal shareholding to resolve potential deadlocks
5. Family Succession Rights: When founders want to include provisions for family inheritance
6. Founder Illness/Incapacity: Provisions for managing long-term illness or incapacity of founders
7. International Operations: When business operations will span multiple countries
1. Business Plan: Detailed business strategy and objectives
2. Initial Shareholding Structure: Detailed breakdown of share ownership and classes
3. Vesting Schedule: Detailed terms of share vesting arrangements
4. Intellectual Property Register: List of all IP assets brought into the business
5. Form of Deed of Adherence: Template for new shareholders joining the agreement
6. Technical Contribution Details: Specification of technical assets or knowledge contributed
7. Founder CVs: Professional backgrounds and qualifications of founders
8. Initial Budget: First-year operational budget and financial projections
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