Co Founder Agreement Template UK

The Co-Founder Agreement Template UK is provided in multiple formats, including PDF, Word, and Google Docs, featuring customizable and printable examples.

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Sample

Co Founder Agreement Template UK

Editable – Printable

PDF – 1 PDF – 2

Co-Founder Agreement Template UK

1. Co-Founders Information





2. Company Information


3. Agreement Purpose

4. Ownership and Equity Distribution

5. Roles and Responsibilities

6. Decision Making and Voting Rights

7. Capital Contributions

8. Vesting Schedule

9. Confidentiality and Non-Disclosure

10. Termination and Exit Strategy

11. Governing Law

12. Signatures and Agreement

13. Declaration and Signatures



PDF

WORD

Examples

Co Founder Agreement Template UK (1)
Between:
[Name of Founder 1]
[Founder 1’s ID]
[Founder 1’s Address]
[Founder 1’s Phone]
[Founder 1’s Email]
And:
[Name of Founder 2]
[Founder 2’s ID]
[Founder 2’s Address]
[Founder 2’s Phone]
[Founder 2’s Email]
Introduction:
This agreement sets out the terms and conditions under which [Founder 1] and [Founder 2] will work together as co-founders of [Company Name], commencing on [Start Date].
Clause 1: Purpose of the Agreement
The purpose of this agreement is to define the roles, responsibilities, and ownership distribution between the co-founders.
Clause 2: Equity Ownership
The co-founders agree to the following equity distribution: [Specify ownership percentages for each founder, e.g., Founder 1: 60%, Founder 2: 40%].
Clause 3: Roles and Responsibilities
Each founder will take on the following roles: [Detail specific roles, e.g., Founder 1 – CEO, Founder 2 – CTO, along with respective responsibilities].
Clause 4: Decision-Making Process
Decisions shall be made by mutual agreement; if a consensus cannot be reached, the matter will be put to a vote with each founder having one vote.
Clause 5: Confidentiality
Both founders agree to keep all proprietary information and trade secrets confidential during and after the term of this agreement.
Clause 6: Exit Strategy
In the event that one founder wishes to exit, the remaining founder shall have the right of first refusal to purchase their equity at a fair market value.
Clause 7: Governing Law
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of Founder 1]
[Name of Founder 1]
[Signature of Founder 2]
[Name of Founder 2]
Co Founder Agreement Template UK (2)
Between:
[Name of Founder 1]
[Founder 1’s ID]
[Founder 1’s Address]
[Founder 1’s Phone]
[Founder 1’s Email]
And:
[Name of Founder 2]
[Founder 2’s ID]
[Founder 2’s Address]
[Founder 2’s Phone]
[Founder 2’s Email]
Introduction:
This agreement outlines the collaborative framework for the co-founders of [Company Name], effective from [Start Date], to ensure mutual understanding and alignment in the venture.
Clause 1: Business Objectives
The primary objectives of the business are as follows: [Specify business goals, e.g., product development, market expansion, etc.].
Clause 2: Financial Contributions
Each founder agrees to contribute the following capital: [Detail the financial contributions, e.g., Founder 1: £10,000, Founder 2: £5,000].
Clause 3: Management Structure
The management of the company will be handled by both founders, with [specific roles] overseeing different departments.
Clause 4: Conflict Resolution
In case of disagreements, the founders agree to resolve issues through arbitration before seeking legal counsel.
Clause 5: Duration of the Agreement
This agreement shall remain in effect until terminated by either party with [Notice Period, e.g., 60 days] written notice.
Clause 6: Amendments
Any amendments to this agreement must be in writing and signed by both parties.
Signed in [City], [Date].
Sincerely,
[Signature of Founder 1]
[Name of Founder 1]
[Signature of Founder 2]
[Name of Founder 2]

Printable

PDF – 1 PDF – 2

Co Founder Agreement Template UK