As of August 2020, the pledge has 211 signatories from 23 countries. AMONG THE UNDERSIGNED PARTIES, EFFECTIVE [DATE SIGNED]. (a) in the event of the death of a Founder, the date of death; (b) in the event of Permanent Disability, the date that the determination of Permanent Disability is made by a court of competent jurisdiction or as otherwise determined pursuant to the definition of Permanent Disability below; © if a Founder’s employment, services or Board of Directors position is terminated by reason of retirement by a Founder (“Retiring Founder”), the date which is designated by the Retiring Founder as the effective date of retirement which date shall be no later than the last day that such Retiring Founder is employed by or provides services to the Corporation on a full-time basis; (d) if a Founder’s employment, services or Board of Directors position is terminated by reason of resignation by a Founder, the date which is designated by the Corporation as the effective date of resignation; (e) if a Founder’s employment or services is terminated by the Corporation without cause, the date which is designated by the Corporation as the effective date of such termination; or. Any waiver shall only apply to the specific matter waived and only in the specific instance in which it is waived. Founders Pledge gGmbH mit Sitz in Berlin ist im Handelsregister mit der Rechtsform Gesellschaft mit beschränkter Haftung eingetragen. Simply fill out a form with your name, contact information, and current affiliation to indicate your non-binding pledge. ARTICLE 7 — CONFIDENTIALITY AND NON-COMPETE. free pledge card template By : However, if you want to find official cards, you can buy the ones produced by Gale Force Written consent of all Founders is required to approve any additional party to this Agreement. 23. “Board of Directors” means the board of directors of the Corporation, as constituted from time to time. 32. TEMPLATE 1 THIS AGREEMENT is made on 2016 BETWEEN (1) The persons whose names and addresses are set out in Part 1 of Schedule 1 (the “Founders”); (2) SBC BERLIN 2015-2017 LTD, incorporated and registered in England and Wales with company number 09089774 whose registered office is at c/o Rainmaking Loft, Each Founder has contributed such amounts as set-out at Schedule D attached hereto towards the expenses of the Startup prior to incorporation, as non-refundable and non-repayable capital contributions. The management of the Founders Pledge further reinforces this, and there is a real focus on ensuring the healthy work/life balances of their employees. The Founders hereby agree that after incorporation, the Corporation shall enforce the rights and obligations of the Founders hereunder. The Founders may not transfer, pledge or otherwise encumber any Shares or any ownership or entitlement to ownership of the Corporation or of the Product or Service described herein without the unanimous written consent of the Founders. Key differences are (1) that founders stock can only be issued at face value, and (2) it comes with a vesting schedule. The Founders shall, using best efforts, contribute to the development of the Product or Service pursuant to each Founder’s “Role and Responsibility” description as set-out at Schedule B attached hereto. 31. Transfer to Corporation. If a person not named as a Founder hereto joins the Founders in the Startup prior to formation of the Corporation on the basis that such person shall hold an equity interest in the Corporation when formed (a “New Founder”), the Founders shall require such New Founder to execute a counterpart signature page and acknowledgement substantially in the form set out at Schedule C attached hereto so that such person is a party to and bound by this Agreement and shall appropriately amend this Agreement. Variety of pledge letter template that will completely match your demands.