Manage a founder’s departure
Sequence the resignation, board action, equity repurchase, and records cleanup. Current resources address a founder’s departure from a Delaware corporation.
Resources
Document a founder’s departure from a Delaware corporation
Understand the document sequence, review the full records pack, then prepare the resignation, board action, and repurchase instruments that the facts require.
Founder Separation and Stock Repurchase: How to Cleanly Document a Founder's Departure from a Delaware Startup
Understand the Delaware power-versus-mechanics framework and the required document sequence.
Founder Separation Reviewer Checklist
Check the records pack for missing approvals, instruments, and corporate-record updates.
Founder Resignation Letter
Document the positions surrendered and the effective date that starts the repurchase clock.
Founder Separation Board Written Consent
Record the board action that accepts the departure and authorizes the cleanup steps.
Founder Stock Repurchase and Cancellation Agreement
Document the repurchase and cancellation mechanics against the founder’s existing stock agreement.