Co Founder Agreement Template – Australia

The Co-Founder Agreement Template – Australia is offered in multiple formats, including PDF, Word, and Google Docs. These formats are both customizable and ready for printing, catering to your specific requirements effortlessly.


Sample

Co Founder Agreement Template – Australia

Editable | Printable



1. Parties Involved



2. Purpose of the Agreement

3. Contributions

4. Equity Distribution

5. Roles and Responsibilities

6. Decision-Making Process

7. Duration of Agreement

8. Termination Conditions

9. Confidentiality Obligations

10. Governing Law

11. Signatures and Acceptance




PDF


WORD

Examples


Co Founder Agreement Template – Australia (1)
Between:
[Co-Founder’s Name]
[Co-Founder’s ID]
[Co-Founder’s Address]
[Co-Founder’s Phone]
[Co-Founder’s Email]
And:
[Co-Founder’s Name]
[Co-Founder’s ID]
[Co-Founder’s Address]
[Co-Founder’s Phone]
[Co-Founder’s Email]
Introduction:
This Co-Founder Agreement (“Agreement”) sets forth the terms of partnership between [Co-Founder’s Name] and [Co-Founder’s Name] for the establishment and operation of [Business Name], commencing on [Start Date].
Clause 1: Roles and Responsibilities
Both Co-Founders agree to contribute their unique skills and expertise. [Co-Founder’s Name] will oversee [specific area, e.g., operations], while [Co-Founder’s Name] will manage [specific area, e.g., marketing].
Clause 2: Equity Distribution
Equity in the business will be divided as follows: [Co-Founder’s Name] will receive [percentage]% and [Co-Founder’s Name] will receive [percentage]%, reflecting their contributions and investment.
Clause 3: Decision Making
Decisions regarding the business will be made jointly. In case of a tie, a third-party advisor will be brought in to mediate the decision.
Clause 4: Profit Sharing
Profits will be distributed quarterly based on ownership percentages unless otherwise agreed upon in writing.
Clause 5: Confidentiality
Both parties commit to maintaining the confidentiality of business information and proprietary data, and not disclosing it to any unauthorized parties.
Clause 6: Duration and Termination
This Agreement commences on [Start Date] and will continue until terminated by either party with [Notice Period]. In case of termination, both parties will cooperate to ensure a smooth transition and settlement of business affairs.
Clause 7: Governing Law
This Agreement will be governed by and construed in accordance with the laws of Australia.
Signed in [City], [Date].
Sincerely,
[Co-Founder’s Signature]
[Co-Founder’s Name]
[Co-Founder’s Signature]
[Co-Founder’s Name]
Co Founder Agreement Template – Australia (2)
Between:
[Co-Founder’s Name]
[Co-Founder’s ID]
[Co-Founder’s Address]
[Co-Founder’s Phone]
[Co-Founder’s Email]
And:
[Co-Founder’s Name]
[Co-Founder’s ID]
[Co-Founder’s Address]
[Co-Founder’s Phone]
[Co-Founder’s Email]
Introduction:
This Agreement outlines the terms under which [Co-Founder’s Name] and [Co-Founder’s Name] will collaborate to create and run [Business Name], effective [Start Date].
Clause 1: Contributions
Each Co-Founder agrees to contribute resources, skills, and networks that are essential for the business’s success. [Co-Founder’s Name] will invest [amount], while [Co-Founder’s Name] will provide [specific contribution].
Clause 2: Intellectual Property
All inventions, designs, and intellectual property created during the course of this partnership will be jointly owned, unless otherwise agreed upon in writing.
Clause 3: Dispute Resolution
In case of a dispute, both parties agree to attempt mediation before pursuing legal action, to resolve issues amicably.
Clause 4: Exit Strategy
Each Co-Founder has the right to exit the partnership under agreed circumstances. The exiting party must provide [Notice Period] written notice to the other party.
Clause 5: Governing Law
This Agreement will be interpreted and enforced according to the laws of Australia.
Signed in [City], [Date].
Sincerely,
[Co-Founder’s Signature]
[Co-Founder’s Name]
[Co-Founder’s Signature]
[Co-Founder’s Name]

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Co Founder Agreement Template - Australia