Founders' Employment Agreement

Founders’ Employment Agreement is a legal document that outlines the terms and conditions of employmen .

2,000+ ezyLegal verified experts

Senior Corporate Lawyers with 15+ years of experience

4 / 5 | 250+ Reviews

100% Satisfaction Guaranteed

Dedicated Lawyer Available

Fastest Delivery, Lowest Price

product-form-vector

Consult with an Expert

If you have questions regarding our products, speak to our team of Legal Experts.

Speak to Legal Expert

How to get a Founders' Employment Agreement drafted

Select Document Choose your required Document

Schedule Call with the Lawyer Schedule Call and discuss with the Lawyer your Document drafting requirements

Get your Agreement Draft Lawyer will deliver customized draft of the Document as per your requirement

Choose your required Document

Schedule Call with the Lawyer

Schedule Call and discuss with the Lawyer your Document drafting requirements

Get your Agreement Draft

Lawyer will deliver customized draft of the Document as per your requirement

Contents of a Founders' Employment Agreement

Employment terms

This section outlines the basic terms of employment, including the start date, position, duties and responsibilities, compensation, and benefits.

Equity and ownership

This section details the founder's equity and ownership rights in the company, including the percentage of ownership, any vesting schedules, and any buyout or dilution clauses.

Confidentiality and non-disclosure

This section outlines the company's confidential and proprietary information that the founder will have access to during their employment and establishes their obligation to keep that information confidential.

Intellectual property

This section addresses the ownership and protection of any intellectual property created by the founder during their employment with the company.

Termination and severance

This section outlines the conditions under which the founder's employment may be terminated, such as for cause or without cause, and specifies any severance pay or benefits in the event of termination.

Non-competition and non-solicitation

This section prohibits the founder from competing with the company or soliciting its clients or employees for a certain period of time after their employment ends.

Dispute resolution

This section establishes the process for resolving any disputes that may arise between the company and the founder during the course of their employment.