I will write a professional founder separation agreement for your startup
Founder Agreement Exit Strategy Specialist
About this Gig
When co-founders decide to part ways, a clear and comprehensive Founder Separation Agreement is essential to protect all individuals and the company itself. It prevents future disputes by formally documenting the terms of the departure.
I will draft an agreement that formally ends the professional relationship while clearly defining all obligations and resolutions.
This Agreement Will Cover:
- Resignation/Termination: Formalizing the founder's departure from all roles (employee, director, officer).
- Equity Repurchase/Transfer: Outlining the handling of vested and unvested equity.
- Final Compensation: Detailing any final salary, expenses, or other payments.
- Return of Company Property: Ensuring all assets (laptops, data, keys) are returned.
- Mutual Release of Claims: Providing legal protection for both the departing founder and the company against future legal action.
- Confidentiality and Non-Disparagement: Clauses to protect the company's reputation and trade secrets.
Why Choose This Gig?
My process is designed to be thorough yet efficient, providing you with a robust document that allows for a clean break and a stable path forward for the startup.
Field of law:
Civil rights
Target country:
United States
Legal consulting Gigs are not screened
Please note that there is no screening process for this service. We recommend that you message the freelancer and check all necessary details before placing your order. Pro freelancers in this category have gone through a vetting process. You can find more details here.
FAQ
What's the difference between this and an exit agreement?
A separation agreement is often used when the departure is due to a dispute or change in direction, focusing heavily on resolving roles and potential conflicts. While similar, the tone and focus are distinct.
What information will you need from me?
You will receive a secure questionnaire asking for details like founder names, company name, key terms of the separation (e.g., equity buyout price), and any specific clauses you've already discussed.
Is my information kept confidential?
Yes. Confidentiality is paramount. All details shared are used solely for the purpose of drafting your agreement and are protected under Fiverr's policies.
Can you help mediate the terms?
My role is to document the terms you have agreed upon. I do not provide mediation services. You should have the core terms agreed upon before ordering the Standard or Basic package. The Premium package allows for more consultation on structuring the terms.
What if we need to make changes after delivery?
Each package comes with a set number of revisions. A revision includes changing or adding specific clauses based on your feedback. It does not include a full redraft based on new, un-discussed terms.
