What's your company name?
Use the legal name of your business. If you're signing as an individual, put your full name instead.
Create a founders agreement
Generate a free founders agreement. Set who owns what, whether equity vests, and what happens if someone leaves. Forming the company, and issuing the equity, still happens separately.
You
What type of party are you?
In most cases pick Corporation or LLC if you have a company. Choose Individual if you're signing as yourself.
Will you be signing this agreement?
Choose Yes if you'll sign in the editor yourself. Choose No if someone else on your side will sign.
What's your full name for the signature block?
This is how your name will appear as the signatory for your party.
What's your title?
A simple title like Founder or Owner is fine.
Which country is your address in?
This only changes how we ask for the address. Which law governs the contract is a separate question.
What's your address?
Usually your business address, or your home address if you're signing as an individual.
What's the email for your party's signer?
We'll use this when you send the document so they can complete their signature.
Them
What's their company name?
Use the legal name of their business. If they're an individual, put their full name instead.
What type of party are they?
In most cases this matches how they operate: Corporation, LLC, or Individual.
Who will sign for them?
If you only know one contact, use that name for now. You can update it later.
What's their title?
In most cases this is CEO, Founder, General Counsel, or another authorized role.
Which country is their address in?
This only changes how we ask for the address. Which law governs the contract is a separate question.
What's their address?
Usually their principal business address. Approximate is okay if you don't have every detail yet.
What's their email address?
We'll use this as the counterparty recipient when you send the agreement for signature.
What is founder 3's name?
Use a legal name. Choose Individual below if this person is not signing through a company.
What type of party is founder 3?
Provide organization for your founders agreement.
Who will sign for founder 3?
If they are an individual, put the same full name.
What is their title?
Leave a simple title, or Founder if they are signing for themselves.
Which country is their address in?
Provide country for your founders agreement.
What is their address?
Provide address for your founders agreement.
What is their email?
Used if you send this out for signature.
What is founder 4's name?
Use a legal name. Choose Individual below if this person is not signing through a company.
What type of party is founder 4?
Provide organization for your founders agreement.
Who will sign for founder 4?
If they are an individual, put the same full name.
What is their title?
Leave a simple title, or Founder if they are signing for themselves.
Which country is their address in?
Provide country for your founders agreement.
What is their address?
Provide address for your founders agreement.
What is their email?
Used if you send this out for signature.
Agreement
How many founders are signing?
Provide founders for your founders agreement.
Does the company already exist?
If it does not, this agreement is a promise among founders. It still does not issue shares. The company issues equity later, after it is formed and the board approves.
What is the company called?
Use the name you plan to use if it is not formed yet.
Where is the company formed, or where will it be?
Provide formation state for your founders agreement.
What percent does founder 1 get?
Use a number, like 50. The numbers should add to 100. This records the split you intend. Signing does not issue shares.
What percent does founder 2 get?
Use a number, like 50. The numbers should add to 100. This records the split you intend. Signing does not issue shares.
What percent does founder 3 get?
Use a number, like 50. The numbers should add to 100. This records the split you intend. Signing does not issue shares.
What percent does founder 4 get?
Use a number, like 50. The numbers should add to 100. This records the split you intend. Signing does not issue shares.
How should the equity vest?
The usual startup schedule is four years, with nothing earned until the one-year mark, then monthly after that. Vesting means a founder earns the equity by staying.
Describe the vesting schedule
Say how long, whether there is a cliff, and how often it vests.
If a founder leaves, can unvested equity be bought back?
Bought back means the company can repurchase what has not vested yet, usually for whatever the founder paid, often nothing. Equity that has already vested stays with them.
What will each founder do, and how much time?
Name the role and whether it is full time. AI will fit it into the agreement.
How are decisions made before the board exists?
Provide decisions for your founders agreement.
When should the agreement take effect?
Most agreements start today. Choose a custom date if you need a different effective date.
What is the effective date?
Pick the date the agreement should begin.
Which state's law should govern?
Usually the state where your company is formed or where you do business. Delaware is common for US companies.
Which jurisdiction?
Name the country or region whose law should apply.
Do you require any advanced terms?
Other founder terms, such as a salary or expenses.
Advanced
How should disputes be resolved?
Litigation means court. Arbitration is private. In most cases litigation is fine unless you prefer arbitration.
Anything else to include?
Optional. Describe it in your own words. AI will draft the legal wording from what you write here.
Preview
What would you like to name the file?
This becomes the downloaded document name. You can change it later if needed.
Contract creator
Founders Agreement
Ownership split and vesting among founders. It does not issue shares.
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