Co Founder Exit Agreement Template for Hong Kong

1. Transition Services: Used when the exiting co-founder needs to provide handover or consulting services

2. Earnout Provisions: Include when part of the exit payment is contingent on future performance

3. Ongoing Projects: Needed when there are specific projects requiring attention post-exit

4. Board Observer Rights: Include if the exiting co-founder retains any shares and observation rights

5. Future Funding Rounds: Required if the exiting co-founder retains shares with specific rights in future rounds

6. Personal Guarantees: Include when dealing with release from personal guarantees given to banks/creditors

7. Employee Stock Options: Needed when addressing unvested options or special stock arrangements

1. Share Transfer Details: Detailed breakdown of shares being transferred and valuation methodology

2. Payment Schedule: If payment is in installments, details timing and amounts

3. Company IP Register: List of IP rights and specific arrangements for each

4. Ongoing Projects Schedule: Details of projects requiring transition or ongoing involvement

5. Released Claims: Specific list of claims being released by both parties

6. Company Positions: List of all positions held and to be resigned from

7. Handover Checklist: Detailed list of items, accounts, and materials to be returned or transferred