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Founders should read. The Institute has created a new class of common stock to protect founders, "Class F." The stock offers Founders a suite of protective provisions, 2:1 Board votes per Founder versus normal Board Members, and 10:1 share votes as compared to normal common. Participating Class F shares vest monthly without a cliff to act as compensation for founding teams, and "single trigger acceleration" allows one Founder to leave without hurting co-Founders.
FFI-Form of Certificate of Incorporation
Founders should read. The customized guidelines to operate the company, including paying dividends, etc.
Founders should read. The following document compliments the Form of Incorporation above.
FFI-Form of Restricted Stock Purchase Agreement
Required authorization form to set-up the Bylaws and the Board of Directors.
FII - Form of Action by Incorporator
Required authorization to adopt the Bylawys.
FII - Form of Certificate of Adoption of Bylaws
Stockholder authorization of an Employee Stock Option plan and other logistics.
FII - Form of Initial Stockholder Consent
Board authorization of corporate logistics.
FII - Form of Initial Board Consent
Indemnification form for the Board of Directors.
