FOUNDERS AGREEMENT

What is a Founder agreement?

It’s a legally binding contract and should be created at the beginning of the company’s lifecycle. A Founders' Agreement is a contract that a company's founders enter into that governs their business relationships. The Agreement lays out the rights, responsibilities, liabilities, and obligations of each founder.

What is the Purpose of the Founder Agreement?

A founders’ agreement is a baseline for how your co-founder relationships will work in the future, how your company is structured, and what each owner brings to the business. It’s important no matter what type of business entity structure you have.