How to Draft a Founder Vesting Schedule and Repurchase Agreement for a Delaware C-Corp Startup
Founder vesting for a Delaware C‑Corp is typically structured as a 4‑year schedule with a 1‑year cliff, documented in a restricted stock purchase (or repurchase) agreement. This protects the company if a founder leaves early and is a near-universal expectation for VC-backed startups. This article explains how to draft the vesting schedule and a founder […]