# Founders Agreement Template

Download our professional founders agreement template. This comprehensive template covers all essential aspects of a co-founder relationship including equity splits, roles, responsibilities, IP rights, and more.

Download Agreement Template (PDF)

## 1. THE COMPANY

1.1. The Co-founders agree to form and operate a ___________ under the name ___________ (the "Company").

1.2. The Company's primary business purpose is ________________.

## 2. ROLES AND RESPONSIBILITIES

2.1. The Co-founders agree to the following primary roles and responsibilities:

**Founder 1:**

- __________
- __________

**Founder 2:**

- __________
- __________

2.2. Both Co-founders commit to working exclusively for the Company and will not engage in any other business activities without mutual written consent.

## 3. EQUITY ALLOCATION AND VESTING

3.1. The initial equity will be divided as follows:

- Founder 1: _________%
- Founder 2: _________%

3.2. Equity Vesting Schedule:

- Four-year vesting period with a one-year cliff
- 25% vests after the first year (cliff)
- Remaining 75% vests monthly over the next three years
- Full acceleration upon acquisition if the acquirer terminates the founder without cause

## SIGNATURES

**Founder 1:**

Name: __________

Date: __________

**Founder 2:**

Name: __________

Date: __________

**Witness:**

Name: __________

Date: __________

**Disclaimer:** This is a template agreement and should be reviewed by legal counsel before use. It may need to be modified based on your specific circumstances and local laws.