Founder Equity Vesting Agreement
This Equity Vesting Agreement (“Agreement”) is made and entered into as of
by and between:
| Company: |
|
| Address: |
|
| Founder Name: |
|
| Email: |
|
1. Grant of Shares
The Company hereby agrees to issue to the Founder
shares of
(the “Shares”).
2. Vesting Schedule
The Shares shall vest as follows:
- Vesting commencement date:
- Cliff period:
- Vesting period:
- Vesting frequency:
- Acceleration (if any):
3. Vesting Conditions
- The Founder must remain a service provider, employee, or consultant of the Company to vest Shares.
- Unvested Shares will be forfeited upon termination of the Founder’s relationship with the Company for any reason, except as otherwise provided herein.
4. Right of Repurchase
Any unvested Shares are subject to a right of repurchase by the Company if the Founder ceases to provide services, as specified above.
5. Additional Terms
- Assignment and Transferability:
- Governing Law:
- Miscellaneous:
6. Entire Agreement
This Agreement represents the entire agreement between the parties and supersedes any prior agreements or understandings regarding the subject matter herein.