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Co-founder vesting side letter

Draft
Agreement·#1055·Created Aug 1, 2026·Updated 3 hours ago
In vault
25,000USDC
$25,000

A drafted agreement awaiting funding. Timelock plus mutual release, arbiter fallback.

Parties

DepositorYou
0x1A2b3C…CDeF01
Beneficiary
cofounder.eth0x9F8e7D…321000
Arbiter
VerdantDAO0xarb100…000001

Conditions & logic

ALL conditions must be satisfied to release.
Mutual release Pending

both parties sign off on the release

Arbiter decision Pending

arbiter 0xarb1…0001 can settle a dispute — neutral, never releases on its own

Timelock Pending

the time reaches Jan 28, 5:43 PM

What happens when

On release

Funds release to the beneficiary when both parties sign off on the release AND the time reaches Jan 28, 5:43 PM.

On refund

If a dispute is raised, the arbiter rules to release or refund. If the arbiter goes silent past the timeout, anyone can unwind it to the depositor.

Lifecycle

  1. Draft created3 hours ago

    Not yet funded

    by 0x1A2b…eF01

Actions

Connect to act

Connect a wallet to fund, sign or settle this escrow.

Fee breakdown

Notional25,000 USDC$25,000
Protocol fee · 1%− 250 USDC$250.00
Net to beneficiary24,750 USDC
Fees are charged on success only.
Split 50 / 50