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Startup Guides Published:  Oct 10, 2022 3 min read

SeedLegals membership: the contracts, policies and agreements included

Within any SeedLegals membership, you get access to a number of useful and popular agreements. This is a quick guide to what’s included, where to find it on SeedLegals, and some links to more information. We’ve sorted the documents below according to which tab you can find them under when you log in to your Seedlegals account.

For more details about SeedLegals agreements, you can read 10 essential legal documents for UK startups and browse our legal documents page.

Team

This is the tab where you’ll find all things team-related. Easily set out the roles and responsibilities of your team members and your company.

  • Founder Agreements – designed to protect the founders and the company if things go wrong between founders. If the founders don’t have a signed Founder Agreement in place, now is the time to do it.
  • Employment Agreements – our perfectly customisable Employment Agreement makes it super easy to set work hours, roles, reporting, probation, termination, assign bonuses and share options.
  • Consultancy Agreements – our consultancy agreement makes hiring a consultant or contractor easy. You can define the project and deliverables, set payment in cash and/or equity and include NDA provisions. You can create these for individuals or companies.

Agreements

Under this tab, you’ll find the agreements you need for hiring external staff, getting investment-ready and protecting your IP.

Hiring

  • Advisor Agreements – add an advisor to your team. Choose from different advisor types, define their deliverables, set remuneration in cash and/or equity. The Advisor Agreement includes non-compete provisions.
  • NED Agreements (letter of appointment) – hire a Non-Executive Director. Set their role, duties and duration of their engagement. Set remuneration in cash and/or equity. The NED Agreement includes non-compete provisions.
  • Zero Hours Contracts – sometimes you can’t predict your staffing needs, which is where Zero Hours contracts are useful. The working relationship begins when the person starts their shift and ends when they end their shift.
  • Intern Agreements – hire an intern. Specify their duties an add payment details (interns need to be paid the minimum wage at least). Includes mentoring, reporting and other intern hiring requirements.

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Employee Privacy Policy Document

Get investment-ready

  • Everyday Investor Certificate – most friends, family and angel investors are likely to be Everyday Investors (also referred to by the FCA as Restricted Investors). To be safe, they can sign this letter confirming that.
  • High Net Worth Investor Certificate and Sophisticated Investor Certificate – for larger investments, you may want to have your investors sign either a High Net Worth or a Sophisticated Investor Certificate, ideally at the time you send them your pitch deck.
  • Investor Disclaimer – you can download this investor disclaimer and include it in the materials you send to your investors, as needed.
  • Due Diligence Request – investors will want to see a set of documents from you as part of their due diligence before they invest. Get investment-ready by starting on your checklist now.

Protect your IP

  • IP Assignment – everyone who’s contributed to your product or idea should sign an IP Assignment. Investors will check this as part of their due diligence. IP assignment provisions are also included in our hiring agreements.
  • NDA – if you need to keep certain information confidential, you can easily create, share and sign non-disclosure agreements on SeedLegals. If the other party is a company, create the NDA in the name of the person who’ll be signing on their behalf, then add the company details in the NDA questions.

Commercial agreements

  • Warrant Agreement – often used by incubators and accelerators, our Warrant Agreement is used to give an investor a right to buy shares at a future date at a price per share that you agree now.
  • Affiliate Agreement – want to incentivise partners to refer customers to you? Our Affiliate Agreement lets you specify which items earn a referral fee, for how long, when commission will be paid, and more.

Policies

Want to create a policy? Just head over to the Policies tab, where we keep four core policy templates.

  • Staff Handbook – the SeedLegals Staff Handbook helps you shape your company culture and create company policies for up to 40 workplace-related issues. Create Mission and Value statements to define your culture and inspire your team. Define your company’s maternity leave, dress code and diversity policies. Share this handbook with your team, and with new team members as part of their onboarding.
  • Employee Privacy Policy – show your staff you’re protecting their personal data with our GDPR compliant Employee Privacy Policy. This is an internal company document that sets out what personal information you collect about your team, and how you use and store the data. You’ll need to share the Policy with your staff, and with new team members as part of their onboarding.
  • Website Privacy Policy – if you have a website that collects personal data (any data which can be used to personally identify an individual) you’ll need a Website Privacy Policy that tells your users what data you are collecting, when you collect it, why you collect it, and why you are legally entitled to collect it.
  • Coronavirus Workplace Policy – explain to your team what the company is doing to protect their health and safety, and set out your work from home guidelines.

Talk to an expert

If you have any questions on which agreement is right for your situation, or on any terms in these agreements, please reach out to us so one of our experts can help.


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