PaperCounselPaperCounsel
All documents
Business & Contracts

Founders Agreement

Aligns startup founders on equity splits, vesting schedules, roles, IP assignment, and departure terms.

Why you need one

Founder alignment

Ensures all founders agree on equity, roles, and vesting before any real money or code is on the table.

IP assignment

All IP created for the company stays with the company — not with the individual founder.

Departure protection

What happens when a founder leaves? Buyout terms, acceleration, and cliff periods are defined upfront.

Decision framework

Voting rights, deadlock resolution, and who has authority for what — before you need it.

How it works

01

Answer a few questions

Takes about 10 minutes. Progress is saved as you go.

02

Pay a flat fee

Stripe checkout — cards + Apple Pay + Google Pay accepted.

03

Our expert team drafts it

State-specific, reviewed by an expert or partner attorney. 2 business days.

04

Download + sign

Delivered to your /account dashboard. Sign digitally or print + notarize.

What's in your document

  • Equity splits & vesting
  • IP assignment
  • Roles & responsibilities
  • Decision-making & voting
  • Departure & buyout
  • Non-compete & confidentiality

Make it legal — after you receive it

1

All founders review

Every founder should read and agree to every term before signing.

2

All founders sign

Each founder signs. Keep originals with your corporate records.

3

File with formation docs

Store alongside your Articles of Organization and Bylaws.

This is not legal advice. We draft legal documents and our team includes licensed experts who review each one, but we are not your law firm and nothing we deliver constitutes legal advice for your specific matter. Read our full disclaimer.

Competitor pricing checked against Rocket Lawyer and LegalZoom public pricing; excludes fees and may change. See our price sources for capture dates.

Flat fee — no subscription
$69
Rocket Lawyer $50LegalZoom $149
  • State-specific — every state's format supported
  • Delivered to your /account dashboard within 2 business days
  • CPA + attorney review before delivery
  • Free amendments for 30 days