Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Co Founder Separation Agreement
"Need a Co-Founder Separation Agreement for my Singapore-based fintech startup, where our CTO is leaving to pursue other opportunities but will retain 10% of shares and provide 3 months of technical transition support starting January 2025."
1. Parties: Identification of all parties involved in the separation
2. Background: Context of the co-founder relationship and reasons for separation
3. Definitions: Key terms used throughout the agreement
4. Resignation and Release: Terms of resignation from all positions and mutual releases
5. Share Transfer Provisions: Details of any share transfers, including pricing and mechanism
6. Confidentiality Obligations: Ongoing confidentiality requirements
7. Intellectual Property Rights: Assignment or retention of IP rights
8. General Provisions: Standard boilerplate clauses including governing law
1. Severance Package: Details of any severance payment or financial compensation as part of the separation
2. Non-Compete Provisions: Restrictions on future business activities to protect company interests from competition
3. Ongoing Consultancy: Terms of any continuing advisory role for the departing founder
4. Transition Period: Terms of knowledge transfer and handover for a phased separation
1. Schedule of Shares: Details of share ownership and transfers
2. Schedule of IP Rights: List of intellectual property affected by separation
3. Schedule of Company Positions: List of all positions being resigned from
4. Payment Schedule: Details of any financial settlements and payment terms
5. Handover Checklist: List of items and responsibilities to be transferred
Authors
Business
Company
Completion Date
Confidential Information
Departing Founder
Effective Date
Encumbrance
Executive Positions
Intellectual Property Rights
Parties
Remaining Founders
Resignation Date
Restricted Business
Restricted Period
Separation Payment
Shares
Share Transfer
Shareholders' Agreement
Territory
Termination Date
Trade Secrets
Transition Period
Working Day
Board
Articles of Association
Constitution
Group Companies
Proprietary Information
Related Corporations
Resignation and Release
Share Transfer
Purchase Price and Payment
Confidentiality
Intellectual Property Rights
Non-Competition
Non-Solicitation
Return of Company Property
Transition Arrangements
Representations and Warranties
Release and Waiver
Severance Payment
Outstanding Remuneration
Public Announcements
Tax Matters
Future Cooperation
Mutual Non-Disparagement
Indemnification
Assignment
Severability
Entire Agreement
Amendment
Notices
Governing Law
Dispute Resolution
Costs
Counterparts
Further Assurance
Third Party Rights
Find the exact document you need
Download our whitepaper on the future of AI in Legal
Genie’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; Genie’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 Trust Centre for more details and real-time security updates.
Read our Privacy Policy.