10 Big Legal Mistakes Made By Startups
Founders' Agreement
The 3 Essential Things Needed in a Founders' Agreement
A Co-Founder Agreement allows you to set out the equity ownership, initial investments and responsibilities of each Co-Founder.
2. 0 1WHO IS A CO FOUNDER?
WHO IS A CO
FOUNDER?
Co founder maybe your best
friend, your next of kin or
any close relative, at the
beginning you may kick off
really well but as the time
will pass you would need to
draw a line and form
boundaries between the
personal life and the
professional life.
3. It acts as safeguard to protect the interest
of each co-founder in the case of dispute
and also to develop an understanding
among the partners with regarding the
functioning and management of the
company and thus making it legally
binding on them through an agreement
0 3
WHY NEED A CO-FOUNDER
AGREEMENT?
4. Co founder clauses and essentials ensure
that the co-founders agreement is
governed and executed without any or
limited risk to the co-founders
0 3
WHY NEED A CO-FOUNDER
AGREEMENT?