The Founders Agreement Template – Canada is offered in multiple formats, including PDF, Word, and Google Docs. These files are both customizable and ready for printing, crafted to suit your specific requirements effortlessly.
Founders Agreement Template – Canada Editable – PrintableSample
1. Parties Involved 2. Purpose of the Agreement 3. Company Structure 4. Founders’ Roles and Responsibilities 5. Equity Distribution 6. Vesting Schedule 7. Decision-Making Process 8. Confidentiality and Non-Disclosure 9. Duration of Agreement 10. Termination Conditions 11. Dispute Resolution 12. Governing Law 13. Signatures and Acceptance
PDF
WORD
Examples
[Founder 1’s Name]
[Founder 1’s Address]
[Founder 1’s Phone]
[Founder 1’s Email]
[Founder 2’s Name]
[Founder 2’s Address]
[Founder 2’s Phone]
[Founder 2’s Email]
This Founders Agreement (“Agreement”) sets forth the terms and conditions of the partnership among the founders of [Company Name], commenced on [Start Date].
The purpose of this Agreement is to outline the roles, responsibilities, rights, and ownership percentages of the founders as they collaboratively pursue the business objectives of [Company Name].
The equity of the company shall be divided as follows: [Founder 1’s Name]: [percentage]% and [Founder 2’s Name]: [percentage]%. Any future equity dilution will be discussed and agreed upon by both parties.
[Founder 1’s Name] will handle [specific responsibilities], while [Founder 2’s Name] will focus on [specific responsibilities]. Each founder agrees to dedicate sufficient time and effort to their respective roles.
Decisions requiring a vote shall require a [unanimous/majority] agreement of the founders. In case of a tie, [method of resolving tie, e.g., mediation, arbitration] shall be used.
All confidential information shared among the founders must be kept strictly private and not disclosed to any third parties without prior consent.
This Agreement may be terminated by either party with [Notice Period] written notice. Upon termination, the remaining founders agree to manage an orderly exit process.
This Agreement will be governed by the laws of the Province of [Province Name], Canada.
[Founder 1’s Signature]
[Founder 1’s Name]
[Founder 2’s Signature]
[Founder 2’s Name]
[Founder 1’s Name]
[Founder 1’s Address]
[Founder 1’s Phone]
[Founder 1’s Email]
[Founder 2’s Name]
[Founder 2’s Address]
[Founder 2’s Phone]
[Founder 2’s Email]
This Agreement defines the collaboration, ownership, and responsibilities of the founding members of [Company Name], effective from [Start Date].
Each founder agrees to contribute [monetary amount or service] to the business, which shall be reflected in the company’s financial records.
Voting rights will be based on ownership percentages. Disputes regarding votes will be resolved through mutual discussion or mediation.
In the case of a disagreement, the founders agree to seek resolution through mediation before pursuing any legal actions.
During the term of this Agreement and for [specific time period] after its termination, neither founder shall engage in a similar business that competes with [Company Name].
Any amendments to this Agreement must be made in writing and signed by both founders to be enforceable.
This Agreement will be governed by the laws of the Province of [Province Name], Canada.
[Founder 1’s Signature]
[Founder 1’s Name]
[Founder 2’s Signature]
[Founder 2’s Name]
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