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Thai Agreements

 

The Equity Collective Agreement v2

The following document is the Equity Collective Agreement. The Equity Collective Agreement provides various protections and benefits, including participation in shared equity upside from their peers, called a "Equity Collective." 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 Equity Collective.

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Corporate Conversion Agreement

The following document is the Corporate Conversion Agreement that you will need to sign to join the Equity Collective and graduate from the Founder Institute. The Corporate Conversion Agreement shares economic upside from your company with the Equity Collective without having to issue any form of equity. This Agreement is used as a substitute for Option or Warrant Agreements that can only be issued by corporations that are more expensive and complicated to set-up. Founders can incorporate simpler and less expensive corporations and join the Equity Collective with the Corporate Conversion Agreement, and then the company will issue Option or Warrant Agreements when they get larger and change their corporate format to accommodate growth. The majority of the Corporate Conversion Agreement value held by the Institute is for the benefit of Semester participants.

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 Have questions about agreements?  See the FAQ.