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Pre Incorporation Founders Agreement Template for Netherlands

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Key Requirements PROMPT example:

Pre Incorporation Founders Agreement

"I need a Pre-Incorporation Founders Agreement for a Dutch technology startup with three co-founders (two technical, one business), where we'll be developing AI software and need strong IP protection clauses, with plans to seek venture capital funding by March 2025."

Document background
The Pre-Incorporation Founders Agreement is a fundamental document used in the Netherlands when two or more individuals or entities plan to establish a company together but haven't yet completed the formal incorporation process. This agreement is particularly crucial in the Dutch business environment where formal incorporation may take time due to regulatory requirements and administrative procedures. It covers essential aspects such as ownership distribution, capital contributions, intellectual property assignments, confidentiality obligations, and decision-making protocols. The agreement serves as a temporary governance framework until the company is officially incorporated under Dutch law, typically remaining in effect until replaced by formal corporate documentation such as Articles of Association (Statuten) and Shareholders' Agreement (Aandeelhoudersovereenkomst). It's especially important for technology startups, professional services firms, and other ventures where significant pre-incorporation activities or intellectual property development occur.
Suggested Sections

1. Parties: Identification of all founding members with their full legal names and addresses

2. Background: Context of the agreement, including the business concept and intention to incorporate

3. Definitions: Definitions of key terms used throughout the agreement

4. Company Formation: Details of the planned company including name, legal form, intended registration date, and initial capital structure

5. Founders' Contributions: Specific contributions (capital, assets, IP, services) from each founder

6. Ownership Structure: Initial share distribution and any vesting arrangements

7. Roles and Responsibilities: Defined roles, commitments, and time dedication of each founder

8. Decision Making: Governance structure and decision-making processes pre-incorporation

9. Intellectual Property: Assignment of IP rights to the future company and protection measures

10. Confidentiality: Non-disclosure obligations regarding business information

11. Non-Competition: Restrictions on competing activities during and after involvement

12. Exit Provisions: Procedures for founder departure pre-incorporation

13. Duration and Termination: Term of the agreement and termination conditions

14. Governing Law and Jurisdiction: Specification of Dutch law application and dispute resolution

15. General Provisions: Standard clauses including severability, entire agreement, and amendments

Optional Sections

1. Pre-Incorporation Expenses: Allocation and reimbursement of expenses incurred before incorporation - include when significant setup costs are expected

2. External Investment: Framework for accepting pre-incorporation investments - include when seeking early-stage funding

3. Employment Terms: Post-incorporation employment conditions - include when founders will be employees

4. Share Transfer Restrictions: Additional restrictions on share transfers - include for larger founder groups

5. Deadlock Resolution: Specific procedures for resolving deadlocks - include for equal ownership situations

6. Family Members Involvement: Rules regarding involvement of founders' family members - include when family participation is expected

7. International Operations: Provisions for international business activities - include for cross-border operations

Suggested Schedules

1. Schedule 1 - Business Plan: Detailed description of the business concept and implementation plan

2. Schedule 2 - Initial Shareholding: Detailed breakdown of share allocation and any special rights

3. Schedule 3 - Founder Contributions: Itemized list of each founder's contributions with valuations

4. Schedule 4 - IP Register: List of intellectual property to be transferred to the company

5. Schedule 5 - Formation Budget: Budget for incorporation and initial operations

6. Schedule 6 - Agreed Form Documents: Templates for post-incorporation documents like articles of association

7. Appendix A - Vesting Schedule: Detailed vesting terms and conditions if applicable

8. Appendix B - Key Performance Indicators: Agreed metrics for evaluating founder performance

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

E-commerce

Financial Services

Healthcare

Manufacturing

Professional Services

Real Estate

Retail

Software Development

Biotechnology

Clean Energy

Education

Media and Entertainment

Logistics

Consulting

Relevant Teams

Legal

Corporate Secretariat

Executive Leadership

Finance

Business Development

Compliance

Investment

Corporate Development

Relevant Roles

Founder

Co-founder

Chief Executive Officer

Chief Technology Officer

Chief Financial Officer

Chief Operating Officer

Business Development Director

Startup Attorney

Corporate Lawyer

Legal Counsel

Company Secretary

Venture Capital Associate

Investment Manager

Startup Advisor

Business Consultant

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

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