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Seedsummit
SeedSummit is a global initiative of investors and law firms that publishes standardized seed investment documents. Its free, lawyer-drafted templates are widely used as a fair starting point for early-stage fundraising.
Seedsummit's public documents
Intellectual Property (IP) Transfer Agreement (UK) by Seedsummit
This document is an Intellectual Property Rights Transfer Agreement, designed to legally transfer ownership of intellectual property rights from a Transferor to a Transferee. It covers various types of IP, including patents, copyrights, trademarks, and trade secrets, and includes provisions for retained rights, moral rights waivers, and non-infringement warranties. The agreement ensures the Transferee gains full title to the created IP.
Advanced Subscription Agreement (UK) by Seedsummit
This Advance Subscription Agreement (ASA) allows a company to secure investment funds before its valuation is finalized. Investors provide capital in exchange for equity (shares) that will be issued at a future date, typically upon the company's next priced funding round, a sale, or a listing. It is distinct from a loan, as it does not accrue interest and is not repayable.
Confidentiality and Intellectual Property (IP) Agreement (Portugal) by Seedsummit
This Confidentiality and Intellectual Property Agreement outlines an Employee's obligations regarding a Company's confidential information and assigns all intellectual property developed during their business relationship to the Company. It includes provisions for non-disclosure, assignment of developments, enforcement of IP rights, and clauses on survival, severability, and governing law. The agreement aims to protect the Company's proprietary information and innovations.
Intellectual Property (IP) Agreement (Declaration) (Denmark) by Seedsummit
This Intellectual Property Rights (IPR) Declaration ensures that all intellectual property created by an employee or other engaged person during their tenure belongs solely to the company. It covers various IP types like copyrights, patents, and trademarks, securing the company's ownership of developments made by its personnel. This document is typically used to formalize the assignment of IP from individuals to the company.
Employment Contract for Working Students (Bilingual, Standard) (Germany) by Seedsummit
This document is an employment contract template specifically designed for working students (Werkstudenten) in Germany. It covers essential terms such as job title, working hours, remuneration, vacation, and includes important clauses on non-competition, confidentiality, and intellectual property. The template also provides detailed explanations regarding German legal requirements and the special social security status of working students.
Consultancy Agreement (Denmark) by Seedsummit
This Consultancy Agreement outlines the terms for engaging an independent consultant to provide specific services to a company. It covers key aspects such as compensation, termination conditions, and confidentiality obligations. The agreement explicitly clarifies that it does not establish an employment relationship between the parties.
Advisor Agreement (Denmark) by Seedsummit
This Advisor Agreement outlines the terms for engaging an independent advisor to provide specific services to a company on an ongoing basis. It covers key aspects such as the scope of services, compensation, termination, confidentiality, and clarifies that no employment relationship is formed. The agreement aims to establish the principles governing the advisor's engagement.
Term Sheet (Portugal) by Seedsummit
This document is a template investment term sheet designed for a company incorporated in Portugal seeking investment from potential investors. It outlines the key commercial terms for a proposed subscription of preferred shares, intended to form the basis for a future, legally binding subscription and shareholders' agreement. The term sheet itself is largely non-binding, with exceptions for expenses, exclusivity, and confidentiality clauses.
Employment Contract for Working Students (Bilingual, Formal Address) (Germany) by Seedsummit
This is a dual-language employment contract template designed for working students in Germany. It details the terms of employment, including job position, working hours, remuneration, vacation, and provisions for incapacity to work. The contract also includes clauses on confidentiality, intellectual property, non-competition, and the duration and termination of the employment relationship, all governed by German law.
Offer Letter (Portugal) by Seedsummit
This document is a template for an offer letter extended to a prospective employee. It outlines the essential terms of employment, including the job title, remuneration (fixed income and potential equity), work schedule, direct reporting structure, and start date. The template provides clear instructions for customization and includes placeholders for both the company's representative and the employee's signatures.