Co Founder Agreement Template for United Arab Emirates

1. Intellectual Property Rights: Detailed provisions for IP ownership and development when significant IP is involved

2. Additional Funding: Procedures for securing and managing additional funding when future capital raises are anticipated

3. Employee Stock Option Pool: Structure and management of ESOP when planning to offer equity to employees

4. Advisory Board: Framework for establishing and managing an advisory board when external expertise is needed

5. International Operations: Provisions for international business activities when planning to operate outside UAE

6. Shariah Compliance: Additional provisions ensuring Shariah compliance when required for specific business activities

7. Digital Assets: Management and ownership of digital assets when the business involves significant online components

8. Research and Development: Provisions for R&D activities and resulting IP when the business is technology-focused

1. Schedule 1: Business Plan: Detailed business plan including market analysis, strategy, and financial projections

2. Schedule 2: Initial Capital Contributions: Detailed breakdown of each co-founder's initial capital contributions

3. Schedule 3: Share Vesting Schedule: Detailed vesting schedule for founder shares

4. Schedule 4: IP Assignment: List and details of any pre-existing IP being assigned to the company

5. Schedule 5: Key Performance Indicators: Specific metrics for measuring co-founder performance

6. Schedule 6: Company Formation Documents: Copies of company registration and licensing documents

7. Appendix A: Founder Responsibilities Matrix: Detailed breakdown of each founder's roles and responsibilities

8. Appendix B: Reserved Matters: List of decisions requiring special majority or unanimous consent