Release v2026.10.01
The Merge Standard
Free, published agreements for forming ventures, from Merge Combinator. Three documents carry a partnership from first conversation to company: Explore (30 days, mutual confidentiality plus one named deliverable per party), Pursue (6 months, roles and formation triggers, no equity), and Form (the company, equity once, against splits published in advance; not yet published). The documents are identical for everyone and are not negotiated. Changes are proposed in public issues and land in the next version.
Read the Explore AgreementThe problem
Why it exists
Two people who want to build something together open a conversation about splits, scope, and exclusivity before either of them knows what the thing is. Counsel drafting for an undefined relationship writes for maximum protection. The paper comes back one-sided and the work stops while the terms get argued.
The Merge Standard splits that negotiation into three stages and settles only what can honestly be settled at each one. Trust first, roles second, equity last and only once.
Documents
Three stages, two references
Each document carries its version in its first heading block. Merge Combinator publishes these documents, uses them, and reviews them internally; a change is a new version. They are templates provided as is, with no warranty, and are not legal advice. Every URL below returns plain markdown as text/plain with open CORS. No file download and no authentication.
{{first_party_name}} and {{counterparty_name}}, listed in the field table at the bottom.
02
Pursue Agreement
Version 1.0. Two pages, 6 months, no equity. Names roles from the taxonomy and defines what must be true before a company is formed.
03
Form Agreement
Not yet published. The file states what is decided (money is agreed separately, one party is the lead, the company is formed to take institutional rounds) and what it will contain.
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Role Taxonomy
The six roles a party picks from in Pursue and Form. You pick a role. You do not draft one.
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Venture Pipeline and Gates
The stages from idea to scalable venture and the evidence required to pass each gate. Gates are evidence, not dates.
What makes it a standard
The four rules that make it a standard
- Published and free. Anyone may use these, including people who will never work with Merge and people who compete with us. A document only one party can use is not a standard.
- We use them ourselves, on every conversation we start.
- We do not negotiate them. Proposed changes go through issues and land in the next version for everyone. Side deals on different terms would end the standard.
- Versions are numbered and dated, and old versions stay published. If a party signed 1.0, they can always read 1.0.
Changes
Proposing a change
Open an issue using the change proposal form. Say which document, version, and section, give the text you propose, and say why it is better for every party and not only for one. We answer in the issue, so what was asked for and what we decided are both on the record. Accepted changes land in the next version for everyone.
We do not sign modified copies.
Propose a changeVersions
Versioning
MAJOR.MINORper document. Minor for clarifications and added structure. Major when a term changes meaning for a party who already signed.- Every document carries its version in the first heading block and its changelog at the bottom.
- Superseded versions move to
archive/<version>/and are never deleted. - Repository releases are tagged by date,
vYYYY.MM.DD, because each document versions on its own.
Roles
The six roles
Reference for the Pursue and Form agreements. You pick a role. You do not draft one.
For agents
For agents filling in a draft
https://mergecombinator.com/standard/llms.txt index of everything https://mergecombinator.com/standard/explore.md Explore Agreement https://mergecombinator.com/standard/pursue.md Pursue Agreement https://mergecombinator.com/standard/form.md Form Agreement https://mergecombinator.com/standard/roles.md Role Taxonomy https://mergecombinator.com/standard/pipeline.md Venture Pipeline and Gates
- Read the field table at the bottom of the Explore Agreement. Replace each
{{token}}with a value. Leave the eight signature tokens alone, since the parties fill those when they sign. - The deliverables table in section 1 is fixed at three rows. The first two rows name the signing parties; leave the third row blank if no additional responsible party has a deliverable.
review_dateis the effective date plus 30 days.- Do not change any other text. Merge Combinator does not sign modified copies. A proposed change belongs in an issue.
License
License and name
The text is licensed under CC BY 4.0. You may use and adapt these documents, including commercially. The version header in each document satisfies attribution.
These documents are templates provided as is, with no warranty and no representation that they fit your situation. They are not legal advice. Have your own counsel review anything you sign.
The name is reserved. See TRADEMARK.md. A modified document must not be called The Merge Standard or carry a Merge version header.