tiktok成人版

Pre Incorporation Founders Agreement Template for Singapore

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

4.6 / 5
4.8 / 5

Let's create your Pre Incorporation Founders 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聽of your information

Key Requirements PROMPT example:

Pre Incorporation Founders Agreement

"Need a Pre Incorporation Founders Agreement for a Singapore-based fintech startup with three co-founders, where two founders are contributing technical IP and one is contributing capital of SGD 500,000, with plans to incorporate by March 2025."

What is a Pre Incorporation Founders Agreement?

The Pre-Incorporation Founders Agreement is essential for entrepreneurs in Singapore who are planning to establish a company but need to formalize their relationship before incorporation. This document is particularly important when multiple founders are involved and need to clearly define their roles, responsibilities, and ownership stakes. It addresses critical elements such as intellectual property rights, confidentiality, capital contributions, and decision-making processes. Under Singapore law, this agreement helps protect all parties' interests during the pre-incorporation phase and can prevent potential disputes that might arise during the formal incorporation process.

What sections should be included in a Pre Incorporation Founders Agreement?

1. Parties: Identification and details of all founding members entering into the agreement

2. Background: Context of the agreement and founders' intention to incorporate the company

3. Definitions: Key terms and their meanings used throughout the agreement

4. Proposed Business: Description of intended business activities and objectives

5. Roles and Responsibilities: Detailed outline of each founder's duties, commitments, and expectations

6. Capital Contributions: Initial investments, ownership structure, and shareholding details

7. Intellectual Property Rights: Assignment and ownership of existing and future intellectual property

8. Confidentiality: Protection of sensitive information and trade secrets

What sections are optional to include in a Pre Incorporation Founders Agreement?

1. Non-Compete Provisions: Restrictions on competitive activities and protection of business interests

2. Vesting Schedule: Timeline and conditions for equity vesting arrangements

3. Exit Provisions: Procedures and terms for founder departure or withdrawal

4. Dispute Resolution: Mechanisms and procedures for resolving disagreements between founders

What schedules should be included in a Pre Incorporation Founders Agreement?

1. Schedule 1: Business Plan: Detailed business proposal, implementation strategy, and milestones

2. Schedule 2: Capital Contributions Schedule: Detailed breakdown of founders' investments, valuations, and payment terms

3. Schedule 3: IP Schedule: Comprehensive list of existing IP and assignment details

4. Schedule 4: Vesting Schedule: Detailed equity vesting timeline, conditions, and cliff periods

Authors

Alex Denne

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

Relevant legal definitions





































Clauses

































Industries

Companies Act 1967 (2020 Revised Edition): Primary legislation governing company formation, including Section 41 on pre-incorporation contracts and requirements for company incorporation

Singapore Contract Law: Fundamental contract law principles including contract formation, consideration, and enforcement, along with the Contracts (Rights of Third Parties) Act 2001

Employment Act 1968: Governs employment relationships if founders will be employees of the future company, including employment terms and obligations

Personal Data Protection Act 2012 (PDPA): Regulates the collection, use, and disclosure of personal data of the founders and other involved parties

Competition Act 2004: Relevant for non-compete clauses and market restrictions in the founders agreement

Copyright Act 2021: Protects original works and governs IP rights assignment for creative and technical works

Patents Act 1994: Governs the protection and assignment of patent rights that may be relevant to the company's innovations

Trade Marks Act 1998: Regulates the protection and assignment of trademark rights for the company's brands and marks

Income Tax Act 1947: Addresses tax implications for founders and considerations for future company structure

Civil Law Act: Provides the general framework for civil law matters in Singapore

Partnership Act 1993: May be relevant for governing relationships between founders before incorporation

Securities and Futures Act 2001: Relevant if the founders agreement includes investment terms or securities considerations

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Startup Shareholders Agreement

A Singapore law-governed agreement that defines the relationship between startup shareholders and establishes company governance framework.

find out more

Startup Founder Agreement

A legally binding agreement under Singapore law that establishes the relationship, rights, and obligations between startup co-founders.

find out more

Pre Incorporation Founders Agreement

A legally binding agreement under Singapore law that establishes founders' rights and obligations before company incorporation.

find out more

Founder Termination Agreement

A Singapore-law governed agreement that formalizes a founder's departure from a company, addressing shares, positions, and obligations.

find out more

Cofounder Agreement

A Singapore-law governed agreement establishing rights, responsibilities, and equity distribution between company cofounders.

find out more

Startup Equity Agreement

A Singapore-law governed agreement defining equity distribution terms and shareholder rights in startup companies.

find out more

Founder Employment Agreement

A Singapore law-governed agreement defining employment terms between a founder and their company, including duties, compensation, and protective provisions.

find out more

Co Founder Vesting Agreement

A Singapore-law governed agreement that structures how company founders earn their equity over time through a vesting schedule.

find out more

Co Founder Separation Agreement

A Singapore law-governed agreement defining terms and conditions for a co-founder's exit from a business venture.

find out more

Co Founder Exit Agreement

A Singapore law-governed agreement that formally documents a co-founder's exit from a company, including share transfers and mutual obligations.

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.

骋别苍颈别鈥檚 Security Promise

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

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 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 拢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.