Bangladesh 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 (2020-12-22 for the Bangladesh Virtual 2020 cohort), allowing you to fully understand the value the Founder Institute Network provides before committing equity in your business.
The Equity Collective Agreement
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 (2020-12-22 for the Bangladesh Virtual 2020 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 Convertible Agreement for Purchase of Shares
The Form of the Convertible Agreement for Purchase of Shares is signed during the Founder Institute program, and provides Founders with participation in the Equity Collective. The Agreement also provides Founders with protections against undesired terminations. You will need to print the Convertible Agreement on non-judicial stamp papers of BDT 300, sign and upload. While printing this Convertible Agreement, you’ll need 3 stamp papers (of BDT 100 each) for the first three pages plus BDT 300 cartridge papers for the remaining pages.
(Download the Form of the Warrant)
Have questions about agreements? See the FAQ.
Minutes of the Board Meeting
The Minutes of the Board Meeting is signed during the Founder Institute program, and requires the Board to authorize the company to issue the Convertible Agreement as required by the Equity Collective Agreement. Please print this document on company letterhead prior to uploading.
(Download the Minutes of Board Meeting)
Have questions about agreements? See the FAQ.