A Founder Agreement allows you to set out the equity ownership, initial investments and responsibilities of each Co-Founder.
Getting together with a friend or two and creating a new business is an exciting time in any entrepreneur’s life. However, Co-Founders are often so busy building and running their new business/ startup that they skip a hugely important step, the Co-founder Agreement. A Co-founder Agreement is a contract between Co-Founders setting out the ownership, initial investments and responsibilities of each Co-Founder. This agreement also safeguards you in the case of a dispute, as it can provide protection to show what the co-founder agreed too.
To know more about Founders' agreement , click here
• Co-Founder details;
• Project description;
• Equity breakdown and initial capital contributions;
• Roles and responsibilities of each Co-Founder;
• Management and approval rights;
• Non-compete, confidentiality and intellectual property
• Resignation, dissolution and removal of directors.