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Co-Founders Agreement | Download Free Template
Team Lawyered
What is a Co-Founders OR Founders Agreement?
A Co-Founders or Founders Agreement is an agreement entered between all the founders of a company. Founders Agreement defines the manner in which the co-founders have to function in their company with defined terms and conditions. It lays down certain important functions regarding the aspects of business, roles and responsibilities, rights and liabilities of each founder, non-compete clause, confidentiality, dispute resolution, vesting rights, termination, etc.
Why is it important?
The Founders Agreement is very important as it outlines the duties and obligations of each founder of the company which safeguards the business of the Company and helps to remove future problems among founders with respect to the smooth functioning of the company.
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Sophie Asveld
February 14, 2019
Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.
Sophie Asveld
February 14, 2019
Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.