In a technology startup, IP is the the most valuable asset. Key people need to transfer IP the company to build value.
IP isn’t transferred to a company because a person is a director, shareholder or option holder. A company also can’t create its own IP – it needs people to create IP for it. IP needs to be formally transferred (the legal term is “assigned”) to a company from the key people creating that IP. Typically, an IP Assignment Agreement is used for founders and other key people who transfer some existing IP into the company (rather than just building new IP from when they join).
You get a document that transfers all of the right IP
The company has certainty over the chain-of-custody of its IP
We make sure the document is signed
You have a professional document re-usable for the future