seka

Grabeh - good points. We had feedback from f6s community members that they wanted to cover the case where either Mentor or Startup priorities changed during the agreement. The idea behind the ability to mutually terminate was to make sure either party could get out if the relationship wasn't delivering.

Your thinking on increasing the termination period is spot on. That was inserted primarily to cover the case where the Startup terminates the agreement after the Mentor delivers but before a 'fair' amount of vesting has happened. An extreme case would be where the Mentor delivers significant value before the Cliff Period ends, but the Startup terminates the agreement before any shares have vested.

Mentor/Startup alignment is key.

Having said all that, it's a template licensed under Creative Commons so please go ahead and modify it as needed for your particular case. Always be protected and use a legal professional ;)

Good catch Bobinator

We intended to launch the Mentor Shares site so you could both view the page and download the documents without registering, but the open download bit obviously didn't stick.

We've updated the page now and you can download the docs freely.

Having f6s generate a doc for you still requires log-in.

Right. Jon often lives on the road and spends a ridiculous amount of time helping startups and startup programs. Definitely a 'hard time' in terms of commitment (particularly if you ask his wife;) but far from hard times in the economic sense.

generating good karma is a shitload more fun...and pays off