Agreements

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Pakistan 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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United States 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 has the Board of Directors authorize the company to issue the Warrant required by the Founder Agreement.

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United Kingdom Agreements

Form of the Option

The following document is the Form of an Option in the United Kingdom that you will need to issue for your company to join the Bonus Pool and graduate from the Founder Institute. The majority of the Option value held by the Institute is for the benefit of Semester participants. The Option also provides Founders with protections against undesired terminations.

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Form of Board Consent

The following document is the Form of Board Consent in the United Kingdom that is required for you company to issue the Option above.

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