Agreements

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Canadian 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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Montreal Agreements

Form of the Warrant

The following document is the Warrant in companies formed Founders during the Semester. 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 Board Consent to issue the Warrant.

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Form of Shareholder Consent

The following document is the Shareholder Consent to issue the Warrant.

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Toronto Agreements

Form of the Warrant

The following document is the Warrant in companies formed Founders during the Semester. 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.

Download

 

Form of Board Consent

The following document is the Board Consent to issue the Warrant.

Download

 

Form of Shareholder Consent

The following document is the Shareholder Consent to issue the Warrant.

Download

United States Agreements

NOTE: The Agreements below are for the United States of America. They are to be used by any Founders that decide to incorporate in the United States.

Form of the Warrant

The following document is the Warrant for companies formed Founders during the Semester. 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.

Download

 

Form of Board Consent

The following document provides Board Consent to issue the Warrant.

Download

 

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