I will draft a custom founder vesting agreement for your startup
Licensed US Attorney : Bulletproof Legal Frameworks for Startups
About this Gig
Never give a co-founder 100% of their equity on day one. If they leave the company early, they walk away with a massive chunk of your business, making it uninvestable.
As a licensed U.S. attorney (Bar #367567), I draft precise Founder Vesting Agreements to ensure "sweat equity" is actually earned. A legally sound vesting schedule guarantees that founders must remain with the company or achieve specific milestones to unlock their ownership.
I will customize a vesting framework tailored to your startup:
- Time-Based Vesting: Standard Silicon Valley terms (e.g., 4-year vesting, 1-year cliff).
- Milestone Vesting: Equity released upon launching an app, securing a patent, or hitting a revenue target.
- Acceleration Clauses: Single and Double Trigger provisions to protect founders in the event the startup is acquired.
- Leaver Provisions: Defining what happens to unvested shares if a founder is fired (Bad Leaver) versus leaving due to illness (Good Leaver).
Protect your cap table and incentivize long-term commitment with a premium legal contract.
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 a "cliff" in a vesting agreement?
A cliff is a probationary period (usually 1 year). If a founder leaves before the cliff ends, they receive 0% equity.
Do investors require founders to have vesting schedules?
Yes, almost all Angel Investors and Venture Capitalists will require founders to vest their shares to ensure they don't abandon the startup.
What are Single and Double Trigger accelerations?
These clauses protect founders by instantly vesting their shares if the company is bought out (Single) or if they are fired after a buyout (Double).
