Founders' Agreement

اتفاقية مؤسِّسين شاملة ومُفصّلة لحماية جميع الأطراف في المشروع. مُصاغة بلغة قانونية دقيقة، جاهز
AR EN
Party 1
Full Name (Four-part):  
National ID:  
Nationality:  
Address:  
Phone:  
Email:  
Party 2
Full Name (Four-part):  
National ID:  
Nationality:  
Address:  
Phone:  
Email:  

Article (1) Introduction and Definitions
1- This preamble and the attached annexes represent an integral part of this agreement and complement its provisions, and they should be read collectively as a single integrated document.
2- "This agreement" refers to this contract and its annexes and any written amendments made thereto; "the founders" refers to the parties specified in the attached contracting form; "the founder" refers to any one of them; "the project" refers to the subject of cooperation specified in this agreement; and "the applicable law" refers to the governing laws and regulations.
3- The titles of the articles are provided for convenience of reference only and shall not be considered in interpretation, and in the case of ambiguity, the common intent of the founders and the nature of the transaction and the requirements of good faith shall be referenced.
4- The provisions of this agreement shall be interpreted in a holistic manner to achieve its purpose and to be in accordance with the applicable law.
Article (2) Eligibility of the Founders and Their Qualifications
1- Each founder acknowledges their full legal capacity and competence to enter into this agreement and to fulfill the obligations arising therefrom, and that the person signing on their behalf is duly authorized with a legitimate authorization.
2- Each founder affirms that entering into and executing this agreement does not violate any law, license, or contractual obligation to which they are bound, and that the information and documents they have provided are accurate and complete.
3- Each founder commits to obtaining all necessary licenses and approvals to fulfill their obligations and to maintain their validity throughout the term of this agreement.
Article (3) Subject of the Agreement and the Project
1- The founders shall regulate their relationship under this agreement for the establishment and development of the following project:  , in preparation for the establishment of the company that will hold it.
2- The founders commit to executing the provisions of this article in good faith and in a manner that achieves its purpose without prejudice to the other provisions of this agreement.
Article (4) Duration of this Agreement and Its Effectiveness
1- This agreement shall be effective from   and shall last for  .
2- This agreement may be renewed or terminated in accordance with its provisions, and mere continuation of execution shall not constitute automatic renewal unless explicitly stated in writing.
Article (5) Roles of the Founders and Dedication
1- Each founder shall assume the role and responsibilities outlined in the annex and shall commit to the necessary dedication to the project and not to engage in any competing activity without the approval of the others.
2- The details of this shall be specified—when necessary—in an annex that is an integral part of this agreement.
Article (6) Distribution of Ownership Shares
1- The ownership shares in the project shall be distributed among the founders according to:  , and are subject to the entitlements and restrictions set forth in this agreement.
2- The founders shall collaborate to overcome any obstacles that may impede the implementation of this article in a manner that serves the project.
Article (7) Transfer of Intellectual Property Rights of the Project
1- Each founder of the project or the company at its establishment shall waive all intellectual property rights produced in connection with the project, and shall commit to signing what is necessary to confirm this.
2- The founders shall be obligated to implement the provisions of this article in good faith and in a manner that achieves its purpose without violating the other provisions of this agreement.
Article (8) Decision-Making and Resolution of Deadlocks
1- Significant decisions are made by consensus or by the stated majority, and in the event of a deadlock, an agreed mechanism such as mediation or withdrawal shall be followed before resorting to litigation.
2- The details of this shall be outlined — where applicable — in an annex that forms an integral part of this agreement.
Article (9) Departing Founder and Share Redemption
1- If one of the founders leaves the project before his shares are fully vested, his unvested shares shall be subject to redemption under the specified conditions, distinguishing between those who depart for a legitimate reason and those who do not.
2- The founders shall collaborate to overcome any obstacles that may impede the execution of this article in a manner that serves the project.
Article (10) General Obligations of the Founders and Good Faith
1- The founders commit to executing this agreement in good faith, exercising due diligence, and mutual cooperation to achieve the project optimally.
2- Each founder commits to providing the resources, information, and support they have pledged in a timely manner and according to the agreed specifications, and to notify the other founders immediately upon becoming aware of any obstacle affecting the execution.
3- Each founder refrains from any act or negligence that may harm the project or the legitimate interests of the other founders or their reputation.
4- Each founder bears their own expenses in fulfilling their obligations unless otherwise agreed in writing.
Article (11) Records, Reports, and Follow-Up
1- The founders shall maintain accurate and organized records regarding the implementation of this agreement and the progress of the project, and each of them shall provide the others with periodic reports as agreed upon at the specified times.
2- Each founder is obliged to notify the other founders of any material development that affects the project or its ability to meet its obligations as soon as they become aware of it.

اشترِ المستند للوصول للنسخة الكاملة

وصف مختصر

اتفاقية مؤسِّسين شاملة ومُفصّلة لحماية جميع الأطراف في المشروع. مُصاغة بلغة قانونية دقيقة، جاهزة للتخصيص والطباعة.

وصف تفصيلي

اتفاقية مؤسِّسين شامل يغطي التمهيد والأهلية وموضوع التعاون والمدة والمساهمات والحوكمة والمقابل المالي والملكية الفكرية والسرية وحماية البيانات والمسؤولية والقوة القاهرة والإنهاء وتسوية المنازعات والأحكام العامة والملاحق.

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