THIS FOUNDER AGREEMENT is entered into on 11 January 2026 between the following:

1. PARTY_1_NAME currently residing at PARTY_1_ADDRESS_SINGLE_LINE

2. PARTY_2_NAME currently residing at PARTY_2_ADDRESS_SINGLE_LINE

3. PARTY_3_NAME currently residing at PARTY_3_ADDRESS_SINGLE_LINE

hereinafter referred together as "Founders" and each an "Founder".

The Founders agree as follows:

1. Business Structure and Ownership

1.1 The Founders have agreed to collaborate to develop a business concept for the following purpose: PURPOSE  (the “Business Concept”).

1.2 The Founders intend to form a legal entity (the “Company”). The timeline and consequences of delayed formation are set out in Section 7.1.

1.3 Each Founder agrees that, upon formation of the Company, they will grant and assign to the Company all of their right, title, and interest in and to the Business Concept, including all ideas, labor, and work product resulting from tasks performed by the Founder related to the Business Concept. Prior to formation, the Founders shall hold the Business Concept jointly for the purpose of developing the Company. Each Founder agrees not to exploit the Business Concept for personal gain without the consent of the other Founders.

1.4 Each Founder shall perform all acts and execute all documents required by the Company, at its sole discretion, to perfect the Company’s title in the Business Concept and related Intellectual Property.

1.5 The provisions in this section do not pertain to any inventions developed by a Founder that meet all of the following criteria:

(a) they were developed entirely on the Founder’s own time;

(b) they are entirely unrelated to the Business Concept; and

(c) they were developed without the utilization of any resources, equipment, supplies, facilities, or trade secret information related to the Business Concept.

2. Initial Capital Contribution

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