The Startup Founder Employment Agreement is a crucial document used when formalizing the relationship between a startup company and its founder(s) in the United Arab Emirates. It serves as both an employment contract and a founder's agreement, ensuring compliance with UAE labor laws while protecting the interests of all parties involved. This document is typically implemented during company formation or when transitioning from an informal to a formal business structure. It includes detailed provisions on employment terms, equity arrangements, intellectual property rights, confidentiality obligations, and non-compete restrictions, all tailored to meet UAE legal requirements. The agreement is particularly important in the UAE's growing startup ecosystem, where clear founder relationships and protection of company interests are essential for attracting investment and ensuring smooth business operations.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the company and the founder-employee
2. Background: Context of the agreement, including company formation and founder's role
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Position, effective date, and term of employment
5. Duties and Responsibilities: Founder's role, obligations, and performance expectations
6. Time Commitment: Working hours and commitment expectations
7. Remuneration: Salary, benefits, and other compensation
8. Equity Arrangements: Share ownership, vesting schedule, and related terms
9. Intellectual Property: Assignment and protection of IP rights
10. Confidentiality: Protection of company confidential information
11. Non-Competition: Restrictions on competitive activities as per UAE law
12. Non-Solicitation: Restrictions on soliciting employees, customers, or suppliers
13. Termination: Grounds and process for termination
14. Post-Termination Obligations: Continuing obligations after employment ends
15. General Provisions: Standard legal clauses including governing law, notices, etc.
1. Board Position: Terms of board membership, if founder will serve on board
2. Investment Obligations: If founder is required to make capital contributions
3. International Travel: If role requires significant international travel
4. Succession Planning: Process for transitioning leadership, if needed
5. Good Leaver/Bad Leaver: Specific provisions affecting equity in different exit scenarios
6. Shareholder Rights: Special voting or veto rights as a founder
7. Alternative Dispute Resolution: Specific dispute resolution procedures for founder disputes
8. External Activities: Terms for managing other business interests or board positions
1. Schedule 1 - Position Description: Detailed outline of founder's role and responsibilities
2. Schedule 2 - Remuneration Package: Detailed breakdown of salary, benefits, and bonus structure
3. Schedule 3 - Equity Vesting Terms: Detailed vesting schedule and conditions
4. Schedule 4 - IP Assignment: Comprehensive list of IP being assigned to company
5. Schedule 5 - Restricted Activities: Detailed list of prohibited competitive activities
6. Schedule 6 - Company Policies: Key company policies applicable to the founder
7. Appendix A - Share Option Agreement: Detailed terms of any share options granted
8. Appendix B - KPIs and Performance Metrics: Specific performance expectations and measurements
Find the exact document you need
Founders Shares Agreement
UAE-governed agreement establishing rights and obligations between company founders, including ownership structure and management framework.
Download
Founder Vesting Agreement
UAE-governed agreement establishing terms for gradual vesting of founder's equity ownership rights, including vesting schedule and transfer restrictions.
Download
Founder Stock Restriction Agreement
UAE-governed agreement establishing restrictions and vesting conditions on founder-owned shares in accordance with UAE Companies Law.
Download
Co Founder Partnership Agreement
UAE-governed agreement establishing partnership terms and responsibilities between business co-founders, including ownership, roles, and key business terms.
Download
Founders Contract
A UAE-law governed agreement establishing the legal framework and relationships between company founders, including rights, responsibilities, and ownership structure.
Download
Startup Founder Employment Agreement
UAE-governed employment agreement defining the legal relationship between a startup and its founder, combining standard employment terms with founder-specific provisions.
Download
Startup Equity Agreement
A UAE law-governed agreement establishing terms for equity investment in a startup, including share rights, governance, and investor protections.
Download
Founders Service Agreement
UAE-governed agreement defining the legal relationship between a company and its founder(s), including service terms, duties, and rights.
Download
Founders Collaboration Agreement
A UAE law-governed agreement establishing the framework for collaboration between company founders, defining their rights, responsibilities, and shareholding structure.
Download
Co Founder Vesting Agreement
A UAE law-governed agreement that outlines the terms and schedule for co-founders' share vesting, ensuring alignment between founder commitment and equity ownership.
Download
Co Founder Separation Agreement
UAE-governed agreement facilitating the formal separation of a co-founder from a business venture, including share transfers and ongoing obligations.
Download
ұԾ’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; ұԾ’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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)