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Founder Engagement Agreement Questionnaire

Founder Engagement Agreement Questionnaire

OZIEL LAW
18Questions
  • 1

    Instructions

    We've created a simple questionnaire that gives us the information we need to prepare the Founder Engagement Agreement, which sets out the co-founders' rights, responsibilities, and obligations. 

    We understand some concepts might be new to you. If you're unsure about any of your responses, please do not hesitate to contact us.

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  • 2
    Please Select
    • Please Select
    • Ontario (Business Corporations Act Ontario)
    • Federal (Canada Business Corporations Act)
    • British Columbia (BC Business Corporations Act)
    • I Don't Know
    • Other
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  • 3
    Please explain the business of the Corporation, including the services or products it offers, the industry or vertical, and any other relevant information.
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  • 4
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  • 5
    Please Select
    • Please Select
    • Ontario
    • Quebec
    • British Columbia
    • Alberta
    • Other
    Please Select
    • Please Select
    • Prior to the incorporation
    • After the Incorporation
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  • 6
    Select the date this agreement comes into effect. Note that the effective date is also the date the confidentiality provisions, assignment of intellectual property, and other obligations will come into force. If the Founder has been involved in the business prior to the incorporation, consider a retroactive effective date.
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    Pick a Date
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  • 7
    The Company may terminate the Founder Engagement Agreement by giving prior written notice to the Founder. The customary notice periods are 15 days or 30 days.
    • Ten (10) days
    • Fifteen (15) days
    • Thirty (30) days
    • Sixty (60) days
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  • 8
    The Founder may terminate the Founder Engagement Agreement by giving prior written notice to the Company. The customary notice periods are 15 days or 30 days. To protect the interests of the Company you may wish to select a longer termination notice period for the Founder.
    • Ten (10) days
    • Fifteen (15) days
    • Thirty (30) days
    • Sixty (60) days
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  • 9
    Will the Founder be required to resign as a Director and Officer upon termination of the Founder engagement?
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  • 10
    Please list the services the Founder is expected provide to the Company. To add a service, enter the service in the input field and click ENTER
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  • 11
    How long after the termination of the Founder Engagement Agreement is the non-solicitation restriction expected to last? Note that lengths of time exceeding 24 months may be considered unreasonable unless the Company is able to prove a proprietary interest that needs to be protected for a longer period of time.
    • Six (6) months
    • One (1) year
    • Eighteen (18) months
    • Two (2) years
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  • 12
    How long after the termination of the Founder Engagement Agreement is the non-competition restriction expected to last? Note that lengths of time exceeding 24 months may be considered unreasonable unless the Company is able to prove a propriety interest that needs to be protected for a longer period of time.
    • Six (6) months
    • One (1) year
    • Eighteen (18) months
    • Two (2) years
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  • 13
    Are there any additional details or special matters that you want to tell us about?
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  • 14
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  • 15
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  • 18
    • 1
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    • 5
    Needs improvement 
    It was awesome and easy to use 
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