Founder Agreement

Template Overview

Template ID: founder-agreement
Version: 2.0.0

To generate this document, pass the structured data described below into the data property of the /api/v1/documents/generate endpoint.

Data Payload Schema

Field	Type	Requirement	Description & Details
`parties`	`array of objects`	Yes	The entities entering into the agreement. For this template, must contain a minimum of 2 entities. Uses the standard Parties Schema. Each party also takes a `definition` field: one of `"Party A"`, `"Party B"`.
`business`	`string`	No	What is the business? Our business seeks to…
`shareholding`	`object`	Yes	Ownership Breakdown One object per party, keyed by each party's `definition` value (`"Party A"`, `"Party B"`). Each object: `interest` (string), `vestingSchedule` (boolean), `vestingPeriod` (number), `cliffSelector` (boolean), `cliff` (number).
`roles`	`object`	Yes	Roles One object per party, keyed by each party's `definition` value (`"Party A"`, `"Party B"`). Each object: `role` (string).
`directors`	`array of strings`	Yes	Who will be the directors of the company? These can be directors outside the CEO and COO etc
`obligations`	`object`	Yes	Party Obligations One object per party, keyed by each party's `definition` value (`"Party A"`, `"Party B"`). Each object: `obligation` (array of strings).
`dispute`	`boolean`	No	Governing law and Dispute resolution Courts are typically slower and cheaper. While arbitration is a generally faster but more expensive dispute resolution process.. Values: `true` (By Arbitration), `false` (By the court).
`governingLaw`	`string`	No	What is the governing law? Must be a valid value from the Supported Countries list.

Example JSON Payload

Here is an example of a properly formatted data object for the Founder Agreement template.

{
  "templateId": "founder-agreement",
  "data": {
    "parties": [
      {
        "definition": "Party A",
        "isCompany": true,
        "rcName": "Acme Corp",
        "rcAddress": "123 Beta Way",
        "rcCountry": "United States",
        "rcNumber": "12345678",
        "type": "Private Company limited by shares"
      },
      {
        "definition": "Party B",
        "isCompany": false,
        "fullName": "Joshua",
        "address": "789 Alpha Ave",
        "rcCountry": "Nigeria"
      }
    ],
    "business": "Sample Business",
    "shareholding": {
      "Party A": {
        "interest": "Sample Interest",
        "vestingSchedule": true,
        "vestingPeriod": 1,
        "cliffSelector": true,
        "cliff": 1
      },
      "Party B": {
        "interest": "Sample Interest",
        "vestingSchedule": true,
        "vestingPeriod": 1,
        "cliffSelector": true,
        "cliff": 1
      }
    },
    "roles": {
      "Party A": {
        "role": "Chief Executive Officer"
      },
      "Party B": {
        "role": "Chief Executive Officer"
      }
    },
    "directors": [
      "Sample Directors"
    ],
    "obligations": {
      "Party A": {
        "obligation": [
          "Sample Obligation"
        ]
      },
      "Party B": {
        "obligation": [
          "Sample Obligation"
        ]
      }
    },
    "dispute": true,
    "governingLaw": "Nigeria"
  },
  "format": "pdf"
}