Co-founder Agreement Generator

Step 1: Company Information

Provide basic information about your company or the company you're forming.

Company Name

Company Type

State of Formation/Incorporation

Specify State

Company Address

City

Zip/Postal Code

Business Description

Step 2: Co-founder Information

Provide information about all co-founders, starting with yourself.

Co-founder 1 (You)

Full Legal Name

Email Address

Home Address

City

State

Zip/Postal Code

Co-founder 2

Full Legal Name

Email Address

Home Address

City

State

Zip/Postal Code

Step 3: Roles and Responsibilities

Define the roles and responsibilities of each co-founder.

Jane Smith's Role

Job Title

Time Commitment

Key Responsibilities

John Doe's Role

Job Title

Time Commitment

Key Responsibilities

Decision Making Process

Unanimous Consent

All co-founders must agree on major decisions

Majority Vote

Decisions made by a majority of co-founders

Equity Proportional

Voting power based on equity percentage

Step 4: Equity Distribution

Define how equity will be divided among co-founders.

Equity Structure

Fixed Percentages

Set specific equity percentages for each co-founder

Dynamic Allocation

Equity allocated based on milestones or contributions

Jane Smith's Equity

Equity Percentage

60%

John Doe's Equity

Equity Percentage

40%

Total: 100%

Vesting Schedule

Standard 4-Year Vesting with 1-Year Cliff

25% vests after 1 year, then monthly installments over the next 3 years

Accelerated 3-Year Vesting with 6-Month Cliff

25% vests after 6 months, then monthly installments over the next 2.5 years

Custom Vesting Schedule

Define your own vesting terms

Custom Vesting Description

Step 5: Intellectual Property

Define how intellectual property will be handled.

Intellectual Property Assignment

Assign All IP to Company

All intellectual property created by co-founders is owned by the company

Limited IP Assignment

Only IP related to company business is assigned, personal projects remain separate

Pre-existing Intellectual Property

List any pre-existing IP that any co-founder is bringing to the company.

Intellectual Property Exclusions

List any projects or ideas that co-founders will work on separately from the company.

Step 6: Exit and Termination

Define terms for co-founder departures, terminations, and company exit.

Voluntary Departure

Forfeit Unvested Equity

Departing co-founder keeps vested shares but forfeits unvested shares

Company Repurchase Option

Company has the option to repurchase vested shares at fair market value

Termination for Cause

Forfeit All Equity

Co-founder forfeits all equity, vested and unvested

Keep Vested Equity

Co-founder keeps vested shares but forfeits unvested shares

Non-Compete Provision

Include Non-Compete

Co-founders agree not to compete with the company for a specified period after departure

No Non-Compete

No restrictions on competition after departure

Non-Compete Term

Sale of Company

All Co-founders Must Consent

Sale of company requires consent from all co-founders

Majority Vote

Sale of company requires majority approval

Proportional to Equity

Sale approval weighted by equity ownership

Your Co-founder Agreement is Ready!

Your customized Co-founder Agreement has been generated based on your inputs. Review the document carefully before signing.

Important: This agreement should be signed by all co-founders. Consider having it reviewed by an attorney before execution.

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