Agreements

Russian Agreements

 

The Founder Agreement v2

The following document is the Founder Agreement. The Founder Agreement provides various protections and benefits, including participation in shared equity upside from their peers, called a "Bonus Pool." Founders must sign Page 9 to enroll in the program. If a Founder has an existing company when entering the program, the Founder must also sign on Page 10 when enrolling, or, when a Founder creates a company in the program, the Founder must sign and upload Page 10.

Learn about joining the Bonus Pool.

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Form of the Warrant

The Founder Institute recommends that Russian Founders incorporate in the US to take advatange of minority shareholder protections and to attract greater investment interest.

The following document is the Form of a Warrant in the United States that you will need to issue for your company to join the Bonus Pool and graduate from the Founder Institute. The majority of the Warrant value held by the Institute is for the benefit of Semester participants. The Warrant also provides Founders with protections against undesired terminations.

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Form of Board Consent

The following document is the Form of Board Consent in the United States that is required for you company to issue the Warrant above. It has NOT yet been adapted to local corporate law.

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