Agreement document
Turn your agreement into a Delaware founders' agreement, check what is missing, download it as PDF or Word, then freeze a version and collect signatures.
On this page
The agreement document turns your cofounder agreement into a formal Founders' Agreement for a Delaware corporation. Open it from Preview Agreement or Generate Legal Draft on the Agreement page. The document is written from the answers in your ten modules, so changing a module changes the document.
FounderSync is not a law firm and this is not legal advice. The wording is standard founder-agreement language, but have a lawyer in your jurisdiction review the agreement, your stock purchase agreements and any tax elections before anyone signs.
What the document contains#
The agreement is laid out on US Letter pages with numbered clauses. It has eleven sections: definitions, roles and responsibilities, time commitment, founder equity, vesting, compensation, decision-making, intellectual property and confidentiality, departure and exit, resolving disagreements, and general terms. A signature page follows, then Schedule A (the founders, their addresses and their equity percentages) and Schedule B (prior inventions the founders keep).
Everything that depends on your choices comes from the builder: who leads which area, hours per week, equity percentages, the vesting schedule and acceleration, salaries, who decides what, IP terms, exit wording and how disputes are resolved. The document never invents a fact. If something is missing, it shows a highlighted blank.
Add the legal details#
The builder does not collect some facts a legal document needs. The Details tab asks for them and saves your answers as you type.
| Detail | Why it is needed |
|---|---|
| Company legal name and address | The party to the agreement, and where notices go |
| Effective date | The date the agreement takes effect |
| Vesting start date | May be earlier than the effective date, to credit work already done |
| Each founder's full legal name and home address | Appear in the agreement and in Schedule A |
| Who signs for the Company, and their title | The Company is a party and signs too |
Under Legal terms you can adjust you can also choose how votes count (one per founder, or weighted by equity), the repurchase price for unvested shares, the share of unvested shares that accelerates, the window after a sale of the company, and whether termination acceleration applies only after a sale (double trigger) or on its own.
Review before you finalize#
The Review tab lists what stands between you and a final version, in four groups:
- To fix before you can finalize. A blank legal fact, equity that does not total 100%, fewer than two founders, or a module you have not marked configured. Each module item has an Open module button.
- Worth a second look. For example no vesting cliff, an area with no lead, or work before the effective date not being assigned to the Company.
- Choices we made for you. Standard wording used where you did not specify a term, such as the definition of Cause. Change it or ask your lawyer.
- Good to know. Reminders, such as that shares are issued by separate stock purchase agreements.
Download#
Download offers two formats. PDF opens your browser's print dialog; choose "Save as PDF". Word (.docx) gives your lawyer a file to mark up, with unresolved blanks highlighted in yellow. A working draft carries a "Draft" label, and a frozen version carries its version number and document ID.
Finalize and sign#
When nothing blocks you, Finalize and request signatures freezes the text as the next version. FounderSync stamps it with a SHA-256 fingerprint of the legal text and records which founders must sign. A frozen version cannot be edited. If you change something afterwards, finalizing again creates a new version and earlier unsigned versions are replaced.
Each founder then opens the Versions tab and chooses Sign. They type their full legal name exactly as it appears in the document and confirm they have read it. FounderSync records the typed name, the time, the IP address and browser, and the document ID. When every required founder has signed, the version shows as signed by everyone. The Versions tab also re-checks each version's text against its fingerprint.
Every cofounder must still verify their identity first (the last module) before anyone can sign.
A progress strip at the top shows where you are: Details, Review, Finalize, then Signatures with a count such as "1 of 2". Finalizing sends each other cofounder an in-app notification that links to the Sign button. Next to any version still awaiting signatures, Remind nudges the cofounders who have not signed. A cofounder can be reminded at most once every six hours. When the last founder signs, everyone is notified.
After everyone has signed#
A signed version offers three next steps: Download signed PDF (with the signatures on the signature page), Save to Vault (stores the Word copy in your Vault as a fully executed cofounder agreement), and Import the founders into the cap table (see the cap table overview). Agreement builder and Dashboard in the top bar take you back out; your changes are saved as you type.
Limits#
- There is one template today, for a Delaware corporation with at least two founders.
- A typed signature is accepted in many places but not everywhere. Ask your lawyer whether it is enough for you.
- The document does not issue shares. Founder shares are issued under separate stock purchase agreements, and the cap table is not changed by finalizing or signing.
- The builder does not collect non-compete or non-solicit terms, so the document has none.