How do I use the "Write a Comprehensive Startup Equity Agreement" prompt?

Copy the prompt template, fill in the variables (COMPANY_NAME, STATE, BUSINESS_DESCRIPTION, COMPANY_STAGE, TOTAL_SHARES, STAKEHOLDER_INFO, EQUITY_PERCENTAGES, VESTING_SCHEDULE, CLIFF_PERIOD, EXERCISE_PRICE, SPECIAL_PROVISIONS), and paste it into ChatGPT, Claude, or Gemini.

What AI tools work with this business prompt?

This prompt works with chatgpt, claude, gemini. Simply copy and paste the template into any of these AI assistants.

Tips for getting the best results?

Always specify that this is a template requiring professional legal review before execution Include detailed definitions section to avoid ambiguity in key terms Consider different vesting schedules for founders vs. employees based on company needs Add acceleration provisions that protect employees while not disadvantaging the company Ensure transfer restrictions balance liquidity needs with company control requirements

business advanced

Write a Comprehensive Startup Equity Agreement

Generate detailed startup equity agreements with customizable terms, vesting schedules, and legal protections using this advanced AI prompt.

Works with: chatgptclaudegemini

Prompt Template

You are an experienced startup attorney drafting a comprehensive equity agreement. Create a detailed equity agreement document for [COMPANY_NAME] that addresses all key legal and business considerations. Company Details: - Company: [COMPANY_NAME] - Incorporation State: [STATE] - Business Type: [BUSINESS_DESCRIPTION] - Stage: [COMPANY_STAGE] Equity Structure: - Total authorized shares: [TOTAL_SHARES] - Stakeholder details: [STAKEHOLDER_INFO] - Equity percentages: [EQUITY_PERCENTAGES] Key Terms: - Vesting schedule: [VESTING_SCHEDULE] - Cliff period: [CLIFF_PERIOD] - Exercise price: [EXERCISE_PRICE] - Special provisions: [SPECIAL_PROVISIONS] The agreement must include: 1. Comprehensive definitions section 2. Grant and vesting terms with acceleration provisions 3. Exercise procedures and payment methods 4. Transfer restrictions and right of first refusal 5. Termination provisions (voluntary/involuntary) 6. Anti-dilution protections where applicable 7. Drag-along and tag-along rights 8. Confidentiality and non-compete clauses 9. Dispute resolution mechanisms 10. Governing law and jurisdiction Structure the document with proper legal formatting, section numbering, and include all necessary boilerplate language. Add bracketed notes [LEGAL REVIEW REQUIRED] where company-specific legal advice is essential. Ensure the language is precise, enforceable, and protects all parties' interests while facilitating company growth and investment.

Variables to Customize

[COMPANY_NAME]

The legal name of the startup company

Example: TechFlow Solutions, Inc.

[STATE]

State where the company is incorporated

Example: Delaware

[BUSINESS_DESCRIPTION]

Brief description of the company's business

Example: SaaS platform for workflow automation

[COMPANY_STAGE]

Current stage of the company

Example: Pre-seed startup with MVP completed

[TOTAL_SHARES]

Total number of authorized shares

Example: 10,000,000 shares

[STAKEHOLDER_INFO]

Details of all stakeholders receiving equity

Example: John Smith (Founder/CEO), Jane Doe (Co-founder/CTO), Employee Option Pool

[EQUITY_PERCENTAGES]

Percentage breakdown of equity allocation

Example: John Smith: 45%, Jane Doe: 35%, Option Pool: 20%

[VESTING_SCHEDULE]

The vesting timeline for equity grants

Example: 4-year vesting with monthly vesting after cliff

[CLIFF_PERIOD]

Initial period before any vesting occurs

Example: 12-month cliff

[EXERCISE_PRICE]

Price per share for option exercise

Example: $0.001 per share

[SPECIAL_PROVISIONS]

Any special terms or conditions

Example: Double-trigger acceleration on change of control, early exercise permitted

Example Output

EQUITY INCENTIVE AGREEMENT This Equity Incentive Agreement ("Agreement") is entered into as of [DATE], between TechFlow Solutions, Inc., a Delaware corporation ("Company"), and the individuals listed in Schedule A ("Recipients"). 1. DEFINITIONS 1.1 "Shares" means shares of the Company's Common Stock. 1.2 "Vesting Date" means the date on which Shares become vested according to the Vesting Schedule. 1.3 "Change of Control" means [detailed definition]... 2. GRANT OF EQUITY 2.1 Grant. Subject to the terms hereof, Company hereby grants to Recipients the right to purchase the number of Shares set forth in Schedule A. 2.2 Exercise Price. The exercise price per Share is $0.001. 3. VESTING SCHEDULE 3.1 Vesting. Shares vest over 48 months, with a 12-month cliff. After the cliff, 1/48th of total Shares vest monthly. 3.2 Acceleration. Upon a Change of Control with involuntary termination within 12 months, 100% of unvested Shares accelerate. 4. TRANSFER RESTRICTIONS 4.1 Right of First Refusal. Company has first right to purchase any Shares before third-party transfer... [LEGAL REVIEW REQUIRED: Ensure compliance with state securities laws and federal regulations]

Pro Tips for Best Results

Always specify that this is a template requiring professional legal review before execution
Include detailed definitions section to avoid ambiguity in key terms
Consider different vesting schedules for founders vs. employees based on company needs
Add acceleration provisions that protect employees while not disadvantaging the company
Ensure transfer restrictions balance liquidity needs with company control requirements