Co-Founders Agreement
A co-founder’s agreement is a legal document that outlines the terms and conditions of a business partnership between two or more co-founders. The agreement establishes the rights, responsibilities, and obligations of each co-founder and serves as a roadmap for the operation of the business.
The roles and responsibilities of each co-founder
The equity ownership and distribution among co-founders
The decision-making process
The process for resolving disputes
The procedures for adding or removing co-founders
Vesting schedules
Non-compete clauses
Intellectual property ownership and protection
Terms and conditions for a buyout or sale of the business