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Co-founder agreement and NDA

Hi,

My startup is pre-revenue and I am trying to bring on a technical co-founder to fill the CTO role. My attorney suggested using a consulting agreement since I am not able to pay a salary, but I think this is causing some confusion. Also, what is the best process to do this and what others forms/documents should be in place? Thank you in advance!

Cheers,

~Julie

Hi Julie! My name is Shermin and I am the Founder & Managing Attorney of LVLUP Legal (www.lvluplegal.com), and we specialize in business, IP, and investments. Are you bringing this CTO on for equity? If so, I would suggest that you have Equity or Advisory Agreement paired with a Restricted Stock Agreement/Confidentiality & IP Assignment Agreement. If you have any questions you can book a free consultation with a member of our team. https://www.lvluplegal.com/schedule-a-consultation