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I will draft a custom reverse vesting agreement for founders
United States
I speak English
Licensed US Attorney Expert Startup Equity Founder Agreements
I am James T. Wada, a licensed US Attorney (Bar #001720) specializing in startup law, founder equity, and corporate structuring. With deep expertise in the startup ecosystem, I protect founders and ea...
About this Gig
Welcome. I am James T. Wada, a Licensed US Attorney (Bar #001720).
If you have already issued shares to your co-founders upfront, you have a major problem if one of them decides to quit. Reverse Vesting is the legal mechanism that fixes this.
Venture Capitalists and Angel Investors will demand reverse vesting before they write you a check. A Reverse Vesting Agreement gives your company the right to repurchase unvested shares from a founder who leaves, ensuring your cap table isn't ruined by "walkaways."
Key Features of My Drafts:
- Company Repurchase Options at nominal value
- Clear Vesting and Release Schedules
- Termination Clauses (With Cause vs. Without Cause)
- Change of Control Acceleration Provisions
- Total alignment with VC Due Diligence standards
As a US lawyer, I understand exactly how these agreements must be structured to hold up in corporate litigation and investor scrutiny. Don't risk your company's future by letting departing founders keep unearned stock.
Secure your companys shares today. Place your order now, provide the basic details, and I will draft your agreement.
Field of law:
Business (corporate)
Document type:
Founders agreement
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 is the difference between normal vesting and reverse vesting?
Normal vesting grants shares over time. Reverse vesting means you get all shares upfront, but the company has the right to buy them back if you leave early.
Why do Venture Capitalists require this?
VCs invest in the team. If a founder leaves, the VC wants those shares returned to the company so they can be used to hire a replacement.
What is the "repurchase price"?
Usually, it is the nominal value or the original purchase price (e.g., $0.0001 per share), meaning the departing founder doesn't profit from unearned shares.
Does this agreement define "Cause" for termination?
Yes, the Standard and Premium packages include specific legal definitions of "Good Leaver" and "Bad Leaver" to prevent disputes.
What details are required to start?
I need the names of the founders, the number of shares already issued, the desired vesting timeline, and the company’s state of incorporation.
