tiktok³ÉÈ˰æ

Founder Repurchase Agreement Template for Australia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Founder Repurchase Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Founder Repurchase Agreement

"I need a Founder Repurchase Agreement for my Australian technology startup where we want the ability to buy back shares from departing founders over a 12-month period with quarterly payments, including specific provisions for protecting our intellectual property after the founder's departure."

Document background
The Founder Repurchase Agreement is a vital document used when a company needs to establish or exercise its right to buy back shares from a founder who may be departing or reducing their stake in the business. This agreement is particularly relevant in the Australian business context, where it must align with the Corporations Act 2001 and other relevant legislation. It typically becomes necessary during significant company events such as founder exits, disputes, or strategic restructuring. The document includes comprehensive details about valuation mechanisms, payment terms, conditions precedent, and completion requirements. It's designed to protect both the company's interests in maintaining control over its ownership structure and ensuring the founder receives fair value for their shares. The agreement must comply with Australian corporate law requirements regarding share buybacks, including necessary shareholder approvals and ASIC notifications where required.
Suggested Sections

1. Parties: Identifies the company and the founder(s) whose shares are subject to repurchase

2. Background: Sets out the context, including the founder's relationship with the company and current shareholding

3. Definitions and Interpretation: Defines key terms and establishes rules for interpreting the agreement

4. Repurchase Rights: Specifies the company's rights to repurchase shares and the circumstances triggering these rights

5. Purchase Price and Valuation: Details how the share price will be determined, including any valuation mechanisms or formulas

6. Payment Terms: Specifies the timing and method of payment for repurchased shares

7. Completion Requirements: Lists the actions required to complete the share transfer, including documentation and regulatory compliance

8. Representations and Warranties: Standard warranties from both parties regarding capacity, ownership, and authority

9. Confidentiality: Obligations regarding confidential information and announcements

10. General Provisions: Standard boilerplate clauses including notices, governing law, and dispute resolution

Optional Sections

1. Staged Payments: Required when the purchase price is to be paid in installments rather than as a lump sum

2. Security Arrangements: Needed if security is required for deferred payments

3. Ongoing Obligations: Used when the founder has continuing obligations post-share transfer, such as non-compete provisions

4. Tax Provisions: Specific arrangements for tax treatment and responsibilities, particularly relevant for structured payments

5. Different Share Classes: Required when dealing with multiple classes of shares with different rights

6. Director Resignation: Needed if the founder is also a director and must resign as part of the repurchase

7. Intellectual Property Assignment: Required when specific IP arrangements need to be addressed as part of the share repurchase

Suggested Schedules

1. Share Details: Schedule detailing the number, class, and other details of shares subject to repurchase

2. Valuation Methodology: Detailed methodology for calculating the share value

3. Completion Documents: List and forms of documents required for completion

4. Share Certificate: Copy of existing share certificate(s)

5. Board Resolution: Pro-forma board resolution approving the repurchase

6. Payment Schedule: If applicable, schedule of installment payments

7. Required Regulatory Forms: Any ASIC forms or other regulatory documents required for the share transfer

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses

































Relevant Industries

Technology

Startups

Professional Services

Manufacturing

Retail

Healthcare

Financial Services

Media and Entertainment

Education

Real Estate

Consumer Goods

Software Development

Relevant Teams

Legal

Finance

Corporate Secretariat

Board

Executive Leadership

Corporate Development

Compliance

Corporate Governance

Relevant Roles

CEO

Managing Director

Company Secretary

Chief Legal Officer

General Counsel

Corporate Lawyer

Chief Financial Officer

Board Director

Founder

Co-founder

Chief Operating Officer

Head of Corporate Development

Legal Counsel

Company Director

Corporate Secretary

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Buy Back Option Contract

An Australian legal agreement granting the original seller the right to repurchase property or assets under specified terms and conditions.

find out more

Profit Split Agreement

An Australian-law governed agreement establishing the framework for profit sharing between multiple parties, including calculation methods and distribution mechanisms.

find out more

Preference Shares Agreement

An Australian law-governed agreement establishing the terms and conditions for issuing preference shares, including dividend rights, voting rights, and capital return priorities.

find out more

Equipment Transfer Agreement

An Australian law-governed agreement documenting the transfer of equipment ownership between parties, including transfer terms, warranties, and regulatory compliance.

find out more

Shares Agreement

An Australian legal document governing the transfer of company shares, compliant with the Corporations Act 2001 and state legislation.

find out more

Share Surrender Agreement

An Australian law agreement documenting the voluntary surrender of shares by a shareholder back to the company, including terms, conditions, and completion requirements.

find out more

Term Sheet Share Purchase Agreement

An Australian law-governed preliminary document outlining key terms and conditions for a proposed share acquisition, serving as the basis for the final share purchase agreement.

find out more

Stock Cancellation Agreement

An Australian law agreement documenting the terms and process for cancelling shares in a company, ensuring compliance with the Corporations Act 2001 and related legislation.

find out more

Share Transfer Agreement Private Company

An Australian legal agreement documenting the transfer of shares in a private company, outlining terms, conditions, and obligations of the share transfer transaction.

find out more

Buffer Stock Agreement

An Australian-law governed agreement establishing terms for buffer stock management and commodity reserve maintenance.

find out more

Stock For Services Agreement

An Australian-law governed agreement for issuing company shares as compensation for professional services, structured to comply with local corporate and securities regulations.

find out more

Founder Repurchase Agreement

An Australian legal agreement establishing terms for a company to repurchase shares from a founder, compliant with the Corporations Act 2001.

find out more

Stock Compensation Agreement

An Australian-law governed agreement setting out terms for employee equity compensation, including grant, vesting, and exercise conditions.

find out more

Share Purchase Agreement Of Private Limited Company

An Australian law-governed agreement for the sale and purchase of shares in a private limited company, setting out terms, conditions, and parties' obligations.

find out more

Stock Buyout Agreement

An Australian-law governed agreement for the purchase of shares from existing shareholders, detailing transfer terms, payment conditions, and regulatory compliance requirements.

find out more

Stock Sale Contract

An Australian law-governed agreement for the sale and purchase of shares in a company, detailing all terms and conditions of the share transfer.

find out more

Stock Power Agreement

An Australian legal document that authorizes and executes the transfer of share ownership between parties, complying with Australian corporate law requirements.

find out more

Employee Stock Purchase Agreement

An Australian-law governed agreement enabling employees to purchase company shares under regulated terms and conditions, complying with local corporate and tax requirements.

find out more

Stock Appreciation Rights Agreement

An Australian-law governed agreement establishing terms for Stock Appreciation Rights granted to employees, including vesting, exercise, and payment conditions.

find out more

Sale Of Shares In Private Company Agreement

An Australian law-governed agreement for the sale and purchase of shares in a private company, detailing terms, conditions, and obligations of all parties involved.

find out more

Share Subscription Agreement And Share Purchase Agreement

An Australian agreement governing both the subscription of new shares and purchase of existing shares in a company, combining share issuance and transfer provisions.

find out more

Stock Warrant Agreement

An Australian-law governed agreement setting out terms for the issuance and exercise of stock warrants, including rights and obligations of the issuing company and warrant holders.

find out more

Non Qualified Stock Option Agreement

An Australian-law governed agreement establishing terms for granting and exercising stock options, typically used for employee/contractor equity compensation.

find out more

Stock Transfer Restriction Agreement

An Australian law-governed agreement that establishes restrictions and procedures for the transfer of company shares, including approval processes and ownership control mechanisms.

find out more

Stock Lease Agreement

An Australian-law governed agreement for leasing livestock, establishing terms between owner and operator including management, payments, and regulatory compliance.

find out more

Stock Distribution Agreement

An Australian law-governed agreement establishing terms for stock distribution, including rights, obligations, and compliance requirements under Australian securities regulations.

find out more

Bill Of Sale Stock Purchase Agreement

An Australian law-governed agreement documenting the sale and purchase of company shares, including terms, conditions, and completion requirements.

find out more

Share Vesting Agreement

An Australian-law governed agreement setting out terms and conditions for the gradual vesting of company shares to recipients, typically used in employee equity arrangements.

find out more

Stock Investment Agreement

An Australian law-governed agreement detailing the terms and conditions for share investment in a company, including investment terms, shareholder rights, and regulatory compliance requirements.

find out more

Phantom Stock Award Agreement

An Australian-law agreement establishing terms for phantom stock awards, providing synthetic equity benefits without actual share issuance.

find out more

Share Purchase Agreement And Shareholders Agreement

An Australian law-compliant document package combining share purchase terms and ongoing shareholder arrangements for company ownership and governance.

find out more

Agreement For Sale Of Shares To Another Shareholder

An Australian law-governed agreement for the sale and transfer of company shares between existing shareholders, including terms, conditions, and completion mechanisms.

find out more

Stock Redemption Agreement

An Australian law-governed agreement detailing the terms and process for a company to repurchase shares from an existing shareholder.

find out more

Partnership Share Transfer Agreement

An Australian legal agreement documenting the transfer of partnership interests between parties, including terms, conditions, and compliance with federal and state partnership laws.

find out more

Share Mortgage Agreement

An Australian law-governed agreement creating a security interest over shares as collateral for financial obligations.

find out more

Preferred Stock Purchase Agreement

An Australian law-governed agreement for the purchase of preferred shares, outlining investment terms, shareholder rights, and regulatory compliance requirements.

find out more

Stock Option Cancellation Agreement

An Australian law agreement documenting the cancellation of stock options between a company and option holder, including terms of surrender and any consideration.

find out more

Stock Issuance Agreement

An Australian law-governed agreement detailing the terms and conditions for issuing new company shares to specified subscribers.

find out more

Share Ownership Agreement

An Australian legal agreement that governs the relationship between company shareholders, establishing their rights and obligations under Australian corporate law.

find out more

Share Cancellation Agreement

An Australian law agreement for the formal cancellation of company shares, including terms, consideration, and regulatory compliance requirements.

find out more

Phantom Stock Agreement

An Australian-law governed agreement establishing a synthetic equity compensation arrangement that provides employees with the economic benefits of stock ownership without issuing actual shares.

find out more

Company Share Purchase Agreement

An Australian law-governed agreement documenting the sale and purchase of company shares, including purchase terms, warranties, and completion requirements.

find out more

Share Buyout Agreement

An Australian law-governed agreement for the purchase of shares from existing shareholders, outlining transfer terms, conditions, and regulatory compliance requirements.

find out more

Restricted Stock Unit Award Agreement

An Australian law-governed agreement setting out terms for granting Restricted Stock Units (RSUs) to employees, including vesting conditions and regulatory compliance requirements.

find out more

Share Distribution Agreement

An Australian law-governed agreement establishing terms for share distribution, including appointment of distributors and regulatory compliance requirements.

find out more

Restricted Stock Award Agreement

An Australian-law governed agreement detailing terms and conditions for granting restricted company shares to employees, including vesting conditions and transfer restrictions.

find out more

Stock Sale Agreement

An Australian law-governed agreement documenting the sale and purchase of shares in a company, including terms, conditions, warranties, and completion requirements.

find out more

Stock Option Purchase Agreement

An Australian-law governed agreement detailing the terms and conditions for granting and exercising stock options, including vesting schedules and exercise rights.

find out more

Shares Subscription Agreement

An Australian law-governed agreement detailing terms and conditions for new share subscriptions in a company, including share details, price, and completion requirements.

find out more

Share Lending Agreement

Australian-law governed agreement for securities lending transactions, establishing terms for lending and borrowing of securities with associated collateral arrangements.

find out more

Share Issue Agreement

An Australian law-governed agreement documenting the terms and conditions for issuing new company shares to subscribers, including share details, price, and completion requirements.

find out more

Share For Share Exchange Agreement

An Australian law-governed agreement facilitating the exchange of shares between companies or shareholders, including exchange terms, warranties, and regulatory compliance requirements.

find out more

Share Contribution Agreement

An Australian legal agreement governing the contribution of shares between parties, including transfer terms, warranties, and completion requirements under Australian corporate law.

find out more

Share Charge Agreement

An Australian law security document creating a charge over shares to secure obligations, compliant with local corporate and securities legislation.

find out more

Share Buyback Agreement

An Australian-law governed agreement documenting the terms and conditions for a company's repurchase of its own shares from existing shareholders.

find out more

Vested Equity Agreement

An Australian-law governed agreement establishing terms for granting and vesting of company equity interests, compliant with local corporate and securities regulations.

find out more

Stock Transfer Contract

An Australian legal agreement governing the transfer of company shares between parties, ensuring compliance with the Corporations Act 2001 and relevant regulations.

find out more

Restricted Stock Agreement

An Australian-law governed agreement outlining terms and conditions for granting restricted company shares to recipients, including vesting conditions and transfer restrictions.

find out more

Stock Exchange Agreement

An Australian-law governed agreement between a stock exchange operator and market participants, establishing trading rights and obligations under ASIC oversight.

find out more

Stock Buyback Agreement

An Australian law-governed agreement for a company to repurchase its own shares from existing shareholders, complying with the Corporations Act 2001 requirements.

find out more

Share Exchange Agreement

An Australian law-governed agreement facilitating the exchange of shares between parties, including terms, conditions, and regulatory compliance requirements.

find out more

Share Swap Agreement

An Australian law-governed agreement for the exchange of shares between two parties, detailing the terms and mechanics of the share swap transaction.

find out more

Restricted Stock Purchase Agreement

An Australian-compliant agreement governing the sale of company shares with restrictions and vesting conditions, subject to the Corporations Act 2001 and related regulations.

find out more

Stock Repurchase Agreement

An Australian-law governed agreement for companies to repurchase their own shares from existing shareholders, compliant with the Corporations Act 2001.

find out more

Employee Stock Option Agreement

An Australian law-governed agreement that formalizes the grant of company stock options to employees, detailing terms of grant, vesting, and exercise conditions.

find out more

Stock Option Agreement

An Australian-law governed agreement setting out terms for granting and exercising company stock options, compliant with local corporate and securities laws.

find out more

Share Sale Agreement

An Australian law-governed agreement for the sale and purchase of shares in a company, detailing transaction terms, warranties, and completion requirements.

find out more

Share Option Agreement

An Australian law-governed agreement setting out terms for granting options to purchase company shares, including exercise conditions and vesting requirements.

find out more

Stock Purchase Agreement Promissory Note

An Australian law agreement combining share purchase terms with a promissory note for installment-based payment of company shares.

find out more

Share And Asset Purchase Agreement

An Australian law-governed agreement for the combined purchase of company shares and specific assets, detailing terms, conditions, and regulatory requirements for the transaction.

find out more

Private Stock Purchase Agreement

An Australian law-governed agreement for the sale and purchase of shares in a private company, setting out terms, conditions, and obligations of the share transfer.

find out more

Assignment Of Shares Agreement

An Australian law-governed agreement documenting the transfer of shares from one party to another, including terms, conditions, and consideration for the transfer.

find out more

Stock Assignment Agreement

An Australian legal document that formalizes the transfer of shares between parties, ensuring compliance with Australian corporate law and regulations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.