Free co-founder agreement,
start your company on firm ground.
Generate a complete co-founder contract with equity splits, roles, vesting schedule, IP assignment, decision-making, and exit terms. AI-reviewed and eSigned in minutes.
What should a co-founder agreement include?
A co-founder agreement should define equity percentages, vesting schedule, roles and responsibilities, decision-making authority, IP assignment to the company, salary or compensation, and what happens if a founder leaves. LegittAI generates all key provisions and flags the most common cause of startup failure — undefined founder exits.
- Equity split & vesting schedule
- Roles, responsibilities & decision rights
- IP assignment to the company
- AI flags missing founder exit terms
- One-click eSign — free forever
Everything you need for
Free Co-Founder Agreement Template
Purpose-built AI capabilities for this exact use case — not a generic tool adapted for contracts.
From start to signed
in three steps.
No legal expertise needed. LegittAI handles the complexity — you handle the decisions.
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FAQ
Questions about
Free Co-Founder Agreement Template
Straightforward answers. No marketing fluff.
Is a co-founder agreement legally binding in India?
Yes. Co-founder agreements are binding under the Indian Contract Act 1872. They work alongside Articles of Association and shareholders agreements to govern the founding team relationship.
What is a vesting cliff in a co-founder agreement?
A vesting cliff is a minimum period — typically 12 months — that a founder must serve before any equity vests. If they leave before the cliff, they receive nothing. LegittAI includes a 12-month cliff by default.
What happens to a co-founder's equity if they leave the company?
This depends on the contract. Our templates cover good leaver, bad leaver, and involuntary departure scenarios with different equity outcomes for each. LegittAI flags if these distinctions are missing.
Why is IP assignment critical in a co-founder agreement?
Without IP assignment, any IP created by individual founders before or during the company's existence may belong to those individuals, not the company. This creates serious issues for investors and acquirers. LegittAI flags this by default.
Is my co-founder agreement data secure on LegittAI?
Yes. All data is AES-256 encrypted. LegittAI is SOC 2 Type II and ISO 27001 certified. We never train AI models on your contract data.
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Free co-founder agreement,
start your company on firm ground.
15-day free trial — unlimited eSign, Equity split & vesting schedule, 500+ templates. No card needed. Most teams see ROI in their first week.