A founder agreement is a contract between the co-founders of a company. It covers aspects such as the ownership, duties, roles, responsibilities, and the initial investment of each founder.
The essence of the founders’ agreement is that it assigns a specific role to the founders of an enterprise and thus preventing any ambiguity amongst them within the organization in the future.
This helps the entrepreneurial organization to achieve their goals and objectives in a better and amicable way without any conflicts amongst the founders, further facilitating better relationships between them.
Before drafting a founders’ agreement, it is essential for the founders to discuss openly the aspects of the agreement. Generally, the agreement is made during the incorporation of the organization.
Some of the essential elements of a founders’ agreement are as follows:
It is a contract governing business relationships of company’s founders who enter into such a contract to regulate uncovered matters in company’s agreement. It sets out the responsibilities, rights, obligations and liabilities of every founder.
It is essential to enter into such agreements to solve issues in case any difficulty arises. In absence of an agreement to this effect, one partner may walk away and use
Knowledge of the business and know-how for competition.
One may also get into a situation where one partner takes a back step and just reap the benefits of hard labour of the other partner.
None of these positions are favourable for the business and are undesirable. Thus if one does not engage in future planning, he/she might end up jeopardizing the business even before it starts.
All the Documents are required only in scanned form, you can attach the document in the form after payment or email it to us on documents@companyvakil.com . Feel free to get in touch for any query.
Information sheet
You will be asked to fill it after making payment or email it to us
Founders Agreement
4 free reviews and changes as per your need.
We are India`s one stop tech legal registration platform aimed on making legal registrations efficient and affordable to end user, i.e. individuals, entrepreneurs or business owners.
Company Vakil with the help of technology and experts such as lawyers, Chartered accountants, company secretary makes registration error-free and seamless.
We provide variety of services such as Company registration, trademark registration, copyright, ssi registration, GST registration, Import Export Code Registration, Patent Registration, trademark renewal etc. Get Co Founder Agreement Template format or sample drafted with help of Company Vakil drafting Experts.
Legal Experts at your Fingertips – At company vakil all your queries are handled by experts at every stage, we have a team of lawyers, chartered accounts and company secretary to help you till your service is fulfilled
Money Back Guarantee – Company Vakil believes strongly in Customer satisfaction, and all our associates and professionals make sure you are provided with all the information required at every stage. Yet if you are not satisfied with the service provided we shall refund you the money.
Seamless Process – Through Company Vakil we try to make the process of registration as convenient and seamless as possible. With options like trademark and company search bar it is a breeze for a user to search the right name for their company.
Customer redressal – We at Company Vakil give upmost importance to customer’s satisfaction, that said we have a customer redressal team setup that outranks every other legal portal in the country, with an option to chat with our CEO if our team fails to fulfill your query.
It is an agreement that gives an outline of various roles and responsibilities of the founding members of a Company, the amount of equity vested in it and the ownership of intellectual Property formed by them plus their roles and responsibilities. It even takes in consideration about their departure or Death.
Following are the benefits of having it :-
1. It Clears the Air on may matters that may be undiscussed between the co-founders
2. It gives an opportunity to early team members to discuss the important matters and clearing their doubts and having a better relationship.
3. Further on it defines the roles of all the co-founders and early team members.
4. It leads to a good understanding amongst the founding members.
GST registration in Mumbai | Trademark Registration Mumbai | Private Limited Company Registration Mumbai | Limited Liability Partnership in Mumbai | OPC in Mumbai | Copyright in Mumbai | Private Limited Company Registration in Delhi NCR | Company Formation in Hyderabad | Pvt. Ltd. Companies in Bangalore | Online Company Formation in Kolkata | GST Hyderabad | Trademark Registration in Hyderabad | GST Kolkata | GST Bangalore | MSME Hyderabad | Trademark Registration in Bangalore | Trademark Registration In Kolkata | MSME Delhi | MSME Kolkata | MSME Bangalore | MSME Mumbai | Company Formation in Jaipur | Trademark Registration in Delhi NCR | GST Registration Jaipur | Trademark in Jaipur | Trademark Registration Ahmedabad | Pvt Ltd Company in Ahmedabad | GST Registration in Ahmedabad | Limited Liability Partnership in Kolkata | Patent Filing Kolkata | OPC in Kolkata | Co-Founder's Agreement in Mumbai | Copyright in Pune | Copyright Filing Jaipur | Employment Contract in Mumbai | Employment contract in Jaipur | Employment Contract in Pune | Import Export Code Mumbai | Founder Agreement in Pune | Founder's agreement in Jaipur | LLP Incorporation Pune | GST Registration In Pune | Patent Filing In Mumbai | Terms of Service Agreement In Mumbai | IE Code Pune | IE Code Jaipur | Trademark Assignment In Mumbai | Trademark Objection In Mumbai | Trademark Assignment Jaipur | Trademark Renewal in mumbai | LLP in Jaipur | OPC in Jaipur | Trademark Renewal In Jaipur | Terms and Condition agreement in Jaipur | Trademark Objection in Jaipur | MSME Jaipur | Copyright in Delhi | Employment Contract in Chennai | Patent Filing Hyderabad | Employment Contract in Delhi | Founders Agreement in Chennai | Terms and Condition agreement in Hyderabad | Founder’s Agreement in Delhi | Employment contract in Banglore | Import Export Code Chennai | Import Export Code Delhi | Copyright Application Bangalore | LLP Registration Delhi | LLP Registration in Chennai | Founder agreement in Bangalore | Copyright Filing Hyderabad | OPC Incorporation Chennai | IE Code Bangalore | Employment Contract in Hyderabad | IE Code Hyderabad | Patent Application Chennai | OPC Bangalore | LLP Incorporation Hyderabad | Terms and Condition Agreement In Chennai | Patent in Bangalore | OPC Hyderabad | Trademark Status Objected In Chennai | LLP Registration in Bangalore | Trademark Assignment in hyderabad | Trademark Registration in Chennai | Trademark assignment in Bangalore | Trademark Objection in Hyderabad | Trademark objection in Bangalore | Trademark Renewal in Hyderabad | Trademark Renewal in Bangalore | Patent in Delhi | OPC in Delhi | Trademark Status Objection in Delhi NCR | Trademark Renewal in Delhi NCR | Trademark Assignment In Delhi NCR | GST Registration in Delhi NCR | Terms of Service Agreement in Delhi | Terms of Service Agreement In Bangalore | Limited Liability Partnership (LLP) Jaipur | Trademark Assignment in Ahmedabad | Patent Application Jaipur | Copyright Application Ahmedabad | Trademark Renewal In Pune | Employment Contract in Ahmedabad | Trademark Registration Pune | Founders Agreement in Ahmedabad | Trademark Assignment in Pune | LLP in Ahmedabad Gujarat | Terms for Services Agreement Pune | OPC Ahmedabad | Patent Filing Pune | Patent Filing Ahmedabad | OPC Pune | Terms of service in Ahmedabad | Trademark Renewal in Ahmedabad | MSME Pune | MSME Ahmedabad | Company Registration in Chennai | Trademark Assignment in Chennai | Copyright In Chennai | GST Chennai | About us