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I will draft a comprehensive founders agreement as a qualified UK solicitor
Licensed UK Solicitor : Expert Corporate and Investment Agreements
I am Samantha Coffield, a qualified and regulated UK Solicitor with extensive experience in corporate and commercial law. My expertise lies in drafting robust, compliant, and commercially-savvy legal ...
About this Gig
Starting a business with partners? Your most important early investment is a strong Founders' Agreement. As a licensed UK Solicitor (SRA ID: 513464), I draft agreements that prevent future disputes and build a solid legal foundation for your startup.
Handshake deals and verbal promises don't hold up. A professionally drafted agreement clarifies crucial issues from day one, including:
- Equity splits and share vesting
- Roles and responsibilities
- Decision-making authority
- IP ownership
- What happens if a founder leaves (leaver provisions)
Don't let ambiguity destroy your partnership and your business. I create clear, fair, and legally-binding documents that protect every founder's interests and make your company more attractive to future investors.
Why work with me?
- Prevent Disputes: Proactively solve the most common founder conflicts before they start.
- Investor-Ready: Investors expect to see a solid Founders' Agreement in place.
- Solicitor-Grade: Your document is drafted by a qualified UK legal professional.
Please contact me to discuss your startup's needs before ordering.
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
Why do we need a Founders' Agreement if we already trust each other?
Trust is essential, but a Founders' Agreement provides clarity, not a lack of trust. It's a business document that aligns expectations and provides a clear roadmap for scenarios you haven't considered, like a founder wanting to exit, a disagreement on strategy, or an offer to buy the company.
What is "share vesting" and why is it important?
Share vesting means founders earn their equity over time, rather than owning it all upfront. This is crucial. It protects the company if a founder leaves early, ensuring they don't walk away with a large chunk of equity for a small amount of work.
Should we form a company before or after signing this?
Ideally, you would sign the Founders' Agreement just before or at the same time as you officially incorporate your limited company. The agreement sets out the terms on which the company will be run.
What is an IP Assignment clause?
This clause ensures that all intellectual property (code, branding, business plans, etc.) created by the founders for the business is legally owned by the company itself, not by the individuals. This is critical for the company's valuation.
How many founders can be covered in the agreement?
My packages are designed for 2-4 founders. If your founding team is larger, please message me for a custom offer.
