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Israel Agreements

 

Below are all of the agreements you will be asked to sign in the Founder Institute. 

Please note that Founders are NOT required to sign these agreements to enroll and start the program. Instead, you will be asked to sign them approximately two-thirds of the way through the program ( for the Israel - Switzerland Spring 2024 cohort), allowing you to fully understand the value the Founder Institute Network provides before committing equity in your business.

 

(Download the Equity Collective Agreement

Have questions about agreements?  See the FAQ.   


Form of the Warrant v3

The Form of the Warrant is signed during the Founder Institute program, and provides Founders with participation in the Equity Collective.

(Download the Form of the Warrant)

Have questions about agreements?  See the FAQ.   


Form of Board Consent

The Form of Board Consent is signed during the Founder Institute program, and requires the Board of Directors to authorize the company to issue the Warrant required by the Equity Collective Agreement. In general, we note that the Law No. 40 of 2007 regarding Limited Liability Companies does not set such requirement in Indonesia. However, it is possible that the specific Articles of Association of your company requires a stricter approach. Please review the specific Articles of Association for your company and if they require the use of a Board Consent to issue a Warrant please work with your legal firm to use a template.