Multiple parties      List of shareholders       Vesting schedule

What is a Founder Collaboration Agreement?

A Founder Collaboration Agreement is a legal document that outlines the terms and conditions under which the founders of a company agree to work together to develop and grow the business. It typically covers important aspects such as the roles and responsibilities of each founder, decision-making processes, ownership of intellectual property, equity distribution, dispute resolution mechanisms, and procedures for handling the departure of a founder. This agreement is crucial for establishing a clear understanding among the founders and ensuring alignment towards the common goals of the venture.
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Tips

• Legal Review: Consult with a qualified attorney experienced in startup law to ensure that the agreement complies with relevant laws and adequately protects the interests of all parties involved.
• Regular Review and Update: Periodically review and update the Founder Collaboration Agreement as the business evolves and new challenges arise. This ensures that the agreement remains relevant and reflects the current needs and circumstances of the company.

 2 parties      Termination notice      Services      Confidential information     Intellectual property    Compensation

What is an advisor agreement?

An Advisor agreement is a legal contract between a company (often a startup or early-stage business) and an individual or entity providing advisory services. This agreement outlines the terms and conditions of the advisory relationship, including the scope of the advisor’s responsibilities, compensation structure, confidentiality obligations, and other relevant provisions.

Advisor agreements are important documents for formalizing the relationship between a company and its advisors, clarifying expectations, and protecting the interests of both parties.
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Tips

• Define Clear Objectives: Clearly outline the goals and expectations for the advisory relationship. Define the specific areas where the advisor’s expertise and guidance will be valuable to the company.
• Clarify Responsibilities: Clearly define the scope of the advisor’s responsibilities, including their role, duties, and expected level of involvement.
• Document Changes in Writing: Any amendments or modifications to the content license agreement should be documented in writing and signed by both parties. Keep thorough records of all communications and agreements related to the license arrangement.