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It sets dynamic roles and responsibility allocation with periodic quarterly reviews, establishes principles for company-first decision making, and provides escalation and dispute resolution pathways. 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The agreement sets initial primary responsibilities for each co-founder and requires quarterly reviews to align roles with company needs and each founder’s strengths.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"How is equity distributed and restricted under this template?",{"text":114,"@type":110},"Total equity is allocated among co-founders as percentages in the form of common stock. Co-founders are prohibited from selling, transferring, pledging, or otherwise disposing of their shares except as allowed by the agreement and applicable shareholder arrangements.",{"name":116,"@type":107,"acceptedAnswer":117},"What is the vesting schedule and what triggers accelerated vesting?",{"text":118,"@type":110},"Shares vest over four years, with a 12-month cliff and 25% vesting on the first anniversary of the vesting commencement date (if continuous service is maintained). Unvested shares vest in full upon a change of control or sale of the company, subject to acquisition agreement terms.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},281784,1790747626,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":35,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":140,"read_time":141,"preview_page_count":4},8814010472675,"https://avatar.qwps.com/avatar/WGlhamll","Co-Founders Agreement Template  \n[www.infozion.in](www.infozion.in)  \nTable of Contents  \nRoles & Responsibilities  \nEquity Distribution  \nVesting Schedule  \nIntellectual Property Rights  \nTime Commitment  \nCompensation  \nNon-Compete and Non-Solicitation  \nDispute Resolution  \nExit Provisions(Voluntary and Involuntary)  \nDeath or Incapacity Clause  \nFuture Funding Expectations  \nExpenses and Reimbursement Policy  \nAmendment Process  \nTermination of Agreement  \nSeverability  \nGoverning Law and Jurisdiction  \nCo-Founders’ Agreement  \n1.  \n2.  \n3.  \n4.  \n5.  \n6.  \n7.  \n8.  \n9.  \n10.  \n11.  \n12.  \n13.  \n14  \n15.  \n16.  \n17.  \n[www.infozion.in](www.infozion.in)  \nThis Co-Founder Agreement (hereinafter referred to as the \"Agreement\") is entered into on this [ DAY] day of [ MONTH], [YEAR], by and between:  \n1. [CO-FOUNDER 1 NAME], residing at [ ADDRESS ] (hereinafter referred to as \"Co-Founder 1\")  \n2. [CO-FOUNDER 2 NAME], residing at [ ADDRESS ] (hereinafter referred to as \"Co-Founder 2\")  \n3. [CO-FOUNDER 3 NAME], residing at [ ADDRESS ] (hereinafter referred to as \"Co-Founder 3\")(collectively referred to as the \" Co-Founders \" and individually as a \"Co-Founder\")  \nWHEREAS, the Co-Founders wish to establish the terms and conditions that will govern their business relationship as founders of [COMPANY NAME], a company to be incorporated  \nunder the laws of [JURISDICTION] (hereinafter referred to as the\"Company\");  \nNOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained, the parties hereto agree as follows:  \n1. Roles and Responsibilities  \n1.1 Flexible Roles: The Co-Founders acknowledge and agree that the roles and responsibilities within the Company will be dynamic and subject to change as the business evolves. Each Co-Founder commits to adapting their role as necessary for the beneﬁt of the Company.  \n1.2 Initial Role Allocation: Notwithstanding the flexible nature of the roles, the initial primary responsibilities of each Co-Founder shall be as follows:  \na ) Co-Founder 1 : [ DESCRIPTION OF INITIAL RESPONSIBILITIES] b) Co-Founder 2 : [ DESCRIPTION OF INITIAL RESPONSIBILITIES]  \nc ) Co-Founder 3 : [ DESCRIPTION OF INITIAL RESPONSIBILITIES]  \n1.3 Duty to Company Success: Each Co-Founder hereby affirms and agrees that their primary and overriding obligation shall be to promote and ensure the success of the Company. This obligation shall take precedence over individual interests or preferences in all business-related decisions and actions.  \n1.4 Periodic Review: The Co-Founders shall conduct quarterly reviews of the allocation of roles and responsibilities to ensure optimal alignment with the Company's needs and each  \nCo-Founder's strengths.  \n1.5 Conflict Resolution: In the event of any disagreement regarding roles or responsibilities, the Co-Founders shall attempt to resolve the matter through good faith discussions. If a resolution  \n[www.infozion.in](www.infozion.in)  \ncannot be reached, the matter shall be escalated to EWOR or addressed through the dispute resolution process outlined in Section 9 of this Agreement.  \n2. Equity Distribution  \n2.1 Initial Equity Allocation: The total equity of the Company shall be divided among the CoFounders as follows:  \na) Co-Founder 1 : [ PERCENTAGE]%  \nb) Co-Founder 2 : [ PERCENTAGE]%  \nc) Co-Founder 3 : [ PERCENTAGE]%  \n2.2 Equity Type: The equity shall be in the form of common stock of the Company. 2.3 Issuance  \nof Shares: The Company shall issue the appropriate number of shares to  \neach Co-Founder reflecting the above percentages upon incorporation of the Company or as soon as practicable thereafter. 2.4 Transfer Restrictions: No Co-Founder shall sell,  \ntransfer, assign, pledge, or  \notherwise dispose of or encumber any of their shares or any right or interest therein, whether voluntarily or by operation of law, except in accordance with the provisions of this Agreement and any applicable shareholders' agreement.  \n2.5 Dilution: The Co-Founders acknowled","cbCaifYfAqxM5bWV","https://ap.wps.com/l/cbCaifYfAqxM5bWV","pdf",5837304,"English","# Roles & Responsibilities\n# Equity Distribution\n# Vesting Schedule\n# Intellectual Property Rights\n# Time Commitment\n# Compensation\n# Non-Compete and Non-Solicitation\n# Dispute Resolution\n# Exit Provisions (Voluntary and Involuntary)\n# Death or Incapacity Clause\n# Future Funding Expectations\n# Expenses and Reimbursement Policy\n# Amendment Process\n# Termination of Agreement\n# Severability\n# Governing Law and Jurisdiction","[{\"question\":\"What does the agreement require regarding founders’ roles and responsibilities?\",\"answer\":\"Roles and responsibilities are flexible and may evolve as the business changes. The agreement sets initial primary responsibilities for each co-founder and requires quarterly reviews to align roles with company needs and each founder’s strengths.\"},{\"question\":\"How is equity distributed and restricted under this template?\",\"answer\":\"Total equity is allocated among co-founders as percentages in the form of common stock. Co-founders are prohibited from selling, transferring, pledging, or otherwise disposing of their shares except as allowed by the agreement and applicable shareholder arrangements.\"},{\"question\":\"What is the vesting schedule and what triggers accelerated vesting?\",\"answer\":\"Shares vest over four years, with a 12-month cliff and 25% vesting on the first anniversary of the vesting commencement date (if continuous service is maintained). Unvested shares vest in full upon a change of control or sale of the company, subject to acquisition agreement terms.\"}]","Co-Founders Agreement Template - Agreement for Company Founders | PDF",1789568080,6]