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South African Agreements

The Founder Agreement

The following document is the Founder Agreement, signed by all enrolling Founders. Any referenced exhibits or related documents can be seen by scrolling below on this page. Each enrolling Founder must sign just the Founder Agreement in order to participate in the Semester. These documents provide Founders with various program benefits, including participation in the "Bonus Pool" derived from the Option proceeds.

Learn about joining the Bonus Pool.

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Share Option Agreement

The following document is the Share Option Agreement for South Africa 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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Board Minutes

The following document is the Board Minutes for South Africa that is required for you company to issue the Warrant above.

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