The Founders Agreement Template – Australia is offered in multiple formats, including PDF, Word, and Google Docs. These versions are both customizable and ready for printing, providing flexibility to suit your requirements.
Founders Agreement Template – Australia Editable | PrintableSample
1. Founders Involved 2. Purpose of the Agreement 3. Equity Ownership 4. Roles and Responsibilities 5. Decision-Making Process 6. Funding Contributions 7. Intellectual Property Rights 8. Confidentiality Obligations 9. Non-Compete Clause 10. Termination Conditions 11. Governing Law 12. Signatures and Acceptance
PDF
WORD
Examples
[Founder 1’s Name]
[Founder 1’s ID]
[Founder 1’s Address]
[Founder 1’s Phone]
[Founder 1’s Email]
[Founder 2’s Name]
[Founder 2’s ID]
[Founder 2’s Address]
[Founder 2’s Phone]
[Founder 2’s Email]
This Founders Agreement (“Agreement”) establishes the terms of collaboration between [Founder 1’s Name] and [Founder 2’s Name] for the development and management of [Business Name], commencing on [Start Date].
Each Founder agrees to fulfill the roles and responsibilities outlined in this Agreement to ensure the proper functioning of the business, which includes management, marketing, and financial oversight.
The ownership of [Business Name] shall be divided among the Founders as follows: [Founder 1’s Name] will hold [percentage]% and [Founder 2’s Name] will hold [percentage]%.
All major decisions affecting the operations of the business will require mutual consent, with a voting process established for disputes.
The Founders agree to maintain confidentiality regarding sensitive business information during the term of this Agreement and thereafter.
This Agreement may be terminated by either Founder upon [Notice Period] written notice, followed by an equal split of all remaining assets and liabilities.
This Agreement will be governed by the laws of Australia.
[Founder 1’s Signature]
[Founder 1’s Name]
[Founder 2’s Signature]
[Founder 2’s Name]
[Founder 1’s Name]
[Founder 1’s ID]
[Founder 1’s Address]
[Founder 1’s Phone]
[Founder 1’s Email]
[Founder 2’s Name]
[Founder 2’s ID]
[Founder 2’s Address]
[Founder 2’s Phone]
[Founder 2’s Email]
This Agreement defines the foundational terms under which [Founder 1’s Name] and [Founder 2’s Name] agree to work together in establishing [Business Name], effective from [Start Date].
Each Founder will contribute resources and skills as listed in this Agreement, including but not limited to [specific contributions].
Any intellectual property developed during the collaboration will be jointly owned by the Founders, and terms for usage and licensing will be defined within this Agreement.
Profits generated from the business will be distributed according to the ownership percentages outlined in Clause 2, after deducting necessary operating expenses.
In the event of a dispute, the Founders agree to seek mediation before pursuing legal action, aiming to resolve disagreements amicably.
This Agreement may be amended only by written consent of both Founders, ensuring all changes are documented and agreed upon.
This Agreement shall be governed by the legal framework of Australia.
[Founder 1’s Signature]
[Founder 1’s Name]
[Founder 2’s Signature]
[Founder 2’s Name]
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