Protect yourself and your startup with a contract that sets out each founder’s commitments, governance structure and any vesting arrangements.
A Founders Agreement sets out key details of your founders’ roles, contributions, and equity (including vesting arrangements).
Generate a Founders Agreement to clearly set out the equity split, roles, responsibilities and expectations, and help avoid potential disputes further down the line. Having this document in place also ensures that the founders’ equity is subject to vesting, avoiding any issues with founders unfairly keeping all their shares if they leave prior to making their full contribution.
Login into your account (or sign-up, if you don’t have one).
Go to the Generate Documents tab, choose International from the dropdown and select Founders Agreement.
Complete each field in the form and select your various options.
Once you generate the document, you can save it in draft, edit it, and when final, send it for signature through our built-in DocuSign integration.
In the excitement and enthusiasm of starting a new business, formalising agreements are often overlooked. Startup founders are often friends or acquaintances, and it is easy to fall into the trap of only discussing roles, responsibilities, ownership structures and other important matters verbally. This can be dangerous.
Dec 21 · 11-minute read
The key elements of both Founders Agreements and Shareholders Agreements may vary depending on the specific circumstances and needs of the company. There might be overlaps between the two documents, but the difference can be found in the main elements of each.
May 12 · 9-minute read
Starting a company is hard enough, but managing legal processes shouldn’t be. With Clara’s dedicated accelerator onboarding solution, companies can get the support and infrastructure they need to efficiently and professionally complete their legal due diligence and finalize an investment.
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Jessica Anuna CEO & Founder, Klasha
We spend a lot of time educating founders on basic legal concepts: what they need to do for us to invest in them. Clara automates these functions. As Clara’s first institutional investor, we knew intuitively from inception, this company will be a game changer.
Vijay Tirathrai Managing Director, Techstars
You can’t beat Clara’s ESOP functionality. It allows us to grant options to our team in a few clicks while automatically updating our cap table. Truly next level.
Michael Hunter Co-Founder & CEO, Holo
Founders often struggle with managing their legal function due to lack of expertise and resources. And we’ve seen poor legal structures create hurdles to our investing in otherwise healthy startups. Investors like ourselves love that Clara gives founders the tools they need to establish, grow and scale their startups from day one on a best-practice basis.
Shane Shin Founding Partner, Shorooq
US cap table solutions aren’t tailored to the differentiated needs of international startups. Clara is the only cap table provider we found that had emerging market startups in mind. Add to that all the other things you can do on the Clara platform, from building your ESOP to data room management, and switching was a no brainer.
Omar Rifai Co-founder, GrubTech
From company formation to maintaining the cap-table, by using Clara founders can digitally form their companies in a range of jurisdictions, create and manage their cap-tables and generate legal documents. Clara is quickly becoming an integral part of the startup software stack.
Daniel Dos Reis Investment Director, Wamda Capital
Clara is a must-have for founders. Not only does it provide all the legal tools you need in a single platform, using Clara also signals to investors that you are a serious startup.
Mazen AlDarrab Founder & CGO, Zid
IP Assignments, what? I didn’t even know they existed before Clara. For startups, setting up governance, corporate structures, data rooms and fundraising are all hard to get right. Clara’s legalOS is premium. It pays for itself.
Zohare Haider Co-Founder & CEO, Jalebi
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Vishal Sacheendran Head of Strategy and Operations, Binance
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