The Founders Agreement Template UK is available in multiple formats, including PDF, Word, and Google Docs, and features customizable and printable examples.
Founders Agreement Template UK Editable – PrintableSample
Founders Agreement Template UK 1. Founders Information 2. Company Information 3. Purpose of the Agreement 4. Equity Ownership 5. Roles and Responsibilities 6. Decision-Making Process 7. Confidentiality Agreement 8. Non-Compete Clause 9. Intellectual Property Ownership 10. Dispute Resolution 11. Termination Clause 12. Signatures and Agreement 13. Declaration and Signatures
PDF
WORD
Examples
[Name of Founder 1]
[Founder 1’s ID]
[Founder 1’s Address]
[Founder 1’s Phone]
[Founder 1’s Email]
[Name of Founder 2]
[Founder 2’s ID]
[Founder 2’s Address]
[Founder 2’s Phone]
[Founder 2’s Email]
This agreement outlines the terms of the partnership between [Name of Founder 1] and [Name of Founder 2], effective as of [Start Date], for the purpose of establishing and operating [Company Name].
The parties agree to collaborate to establish a company that specializes in [Specify Business Activities], in line with mutual objectives and shared vision.
The ownership of the company shall be as follows: [Specify ownership percentage of each founder, e.g., Founder 1: 60%, Founder 2: 40%].
Each founder shall have specific roles: [List roles and responsibilities, e.g., Founder 1 as CEO responsible for operations, Founder 2 as CTO responsible for technology].
Each founder agrees to contribute the following to the company: [Detail financial contributions, e.g., capital investment amounts, assets, etc.].
Major decisions affecting the company require approval by [Specify voting mechanism, e.g., majority vote, unanimous consent].
Both parties agree to protect confidential information and trade secrets, recognizing that unauthorized disclosure may result in damages.
In the event of a dispute, the parties will first seek to resolve it through mediation before pursuing any legal actions.
This agreement may be terminated by either party under specified conditions after providing [Notice Period] written notice.
[Signature of Founder 1]
[Name of Founder 1]
[Signature of Founder 2]
[Name of Founder 2]
[Name of Founder 1]
[Founder 1’s ID]
[Founder 1’s Address]
[Founder 1’s Phone]
[Founder 1’s Email]
[Name of Founder 2]
[Founder 2’s ID]
[Founder 2’s Address]
[Founder 2’s Phone]
[Founder 2’s Email]
This agreement governs the relationship and obligations between the founders of [Company Name], effective [Start Date], to foster a productive partnership.
The founders will incorporate a limited company in the UK, known as [Company Name] under the Companies Act of [Year of Incorporation].
The share distribution shall be as follows: [Detail number of shares and allocation, e.g., Founder 1: 1,000 shares, Founder 2: 600 shares].
Each founder commits to dedicating [Specify number of hours per week] to the business and ensuring timely and effective execution of their responsibilities.
All profits shall be shared according to ownership percentages after deducting expenses, legal obligations, and tax contributions.
Any intellectual property developed during the course of the business shall be owned by [Specify ownership agreement, e.g., jointly owned by all founders].
In the event a founder wishes to exit the company, they must provide a written notice of [Notice Period] and follow the pre-agreed procedures for the buyout of their shares.
Each founder agrees to indemnify the other for any liabilities incurred due to misconduct or negligence relating to their roles in the company.
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales].
[Signature of Founder 1]
[Name of Founder 1]
[Signature of Founder 2]
[Name of Founder 2]
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