ICC Model Contracts for Start-ups

What are the main features of this model? 

Entrepreneurs drive the global economy by sharing innovative ideas. But to ensure success, they need a solid legal foundation from the start. One of the biggest problems start-ups face is the legal fees that come with legal services. To help overcome this challenge, our ICC Model Contracts for Start-ups offer reliable, clear templates for common agreements, ideal for businesses without in-house legal teams.

To help create the best condition for success for entrepreneurs, and in keeping with our goal to facilitate international trade, ICC has created a 5-in-1 package of model documents that address key issues related to the formation of a corporate entity.

The package comprises:

• Model Term Sheet
• Model Shareholders Agreement
• Model Directors’ Services/Management Agreement
• Model Employment Agreement
• Model Confidentiality Agreement
• Checklist on Intellectual Property Assignment and Licensing  

Our package provides start-ups with a reliable set of model contracts that have been drafted by practicing international experts.. The models have been drafted with reference to internationally-accepted standards of international business-to-business (B2B) practice, and are ideal for new businesses intending to operate on a global scale. As with all model contracts, users will need to consult legal counsel to ensure that any required adjustments are made to bring the models into compliance with the requirements of the particular applicable law.