I will draft a custom founder vesting agreement for your startup
Licensed US Attorney Bulletproof Legal Foundations for Startups
About this Gig
Never give a co-founder 100% of their equity on day one. If they walk away a month later, they take a massive chunk of your company with them. I am Lisa Rae Rohm, a licensed U.S. Attorney (Bar ID #126962), and I draft airtight Founder Vesting Agreements to protect your company's equity.
Vesting ensures founders earn their shares over time through continued service.
I will draft a legally binding agreement detailing:
- Vesting Schedules: (e.g., standard 4-year vesting).
- Cliff Periods: (e.g., 1-year cliffno equity is earned if they leave before 12 months).
- Good Leaver / Bad Leaver Clauses: Dictating what happens to vested/unvested shares if a founder is fired for cause or leaves voluntarily.
- Acceleration Rights: (Single and Double Trigger) detailing what happens to unvested shares if the company is acquired or sold.
Venture capitalists strictly require vesting agreements. Let an experienced attorney structure your vesting schedules properly so your company remains investable, secure, and protected from departing founders.
Field of law:
Business (corporate)
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Civil rights
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Commercial
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 a 1-year cliff?
A cliff means the founder must work for the company for exactly one year before the first batch (usually 25%) of their equity vests
What is a Good Leaver vs. Bad Leaver?
A Bad Leaver (e.g., fired for fraud) may lose all shares. A Good Leaver (e.g., leaving due to illness) usually keeps their vested shares.
What is a Double Trigger acceleration?
It means unvested shares automatically vest if the company is sold AND the founder is fired by the new buyer.
