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Feature Request: Founder Equity Vesting Smart Contract Template #494

@Shashidar123

Description

@Shashidar123

Title: Proposal: Founder Equity Vesting Smart Contract Template

Problem

In early-stage startups, equity is usually assigned at formation, but disputes arise when a founder leaves early. To prevent unfair ownership, startups use vesting rules such as:

  • 4-year vesting duration
  • 1-year cliff period
  • Monthly equity unlocking
  • Exit-based equity adjustments

Currently, the Accord Template Library does not include any template that models time-based equity vesting or founder exit conditions. This represents a gap in the startup governance domain.

Proposed Template

I propose adding a Founder Equity Vesting smart contract template that can:

  • Model vesting schedules
  • Enforce cliff period conditions
  • Calculate vested vs unvested equity
  • Handle early exit scenarios

Supporting Work

To demonstrate feasibility, I created a working logic simulation repository:

https://github.com/Shashidar123/founder-equity-vesting-contract.git

This includes:

  • 4-year vesting model
  • 1-year cliff logic
  • Monthly vesting calculations
  • Sample exit scenarios

This can be translated into:

  • Concerto model
  • TemplateMark clause
  • Ergo logic

Why This Matters

This introduces a new domain to the template ecosystem:
startup governance and founder agreements, which are widely used but currently not represented.

Future Scope

Related templates that can further extend this direction:

  • Internship Stipend Contract (performance-based payment logic)
  • Fee Refund Policy Contract (time-based refund rules in education systems)

I’d be happy to develop this into a full Accord-compatible template based on feedback.

Sample Logic Output

Below is a simple simulation of the vesting logic (4-year vesting, 1-year cliff, monthly unlock):

Image

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