A Co-founders Agreement is a legally binding agreement between the co-founders of a business or company that
talks about their roles and responsibilities related to the business. The agreement was set up at the time of
incorporation of the business to avoid any kind of future ambiguity between them. The agreement not only solves
future conflicts by telling them about their duties but also made goals and expectations from them for the sake of the
betterment of the business.
A Co-Founders Agreement is an authorized agreement that is contracted between all the co-founders of a business.
This agreement document declares all the key accountabilities, possession, and early investments of a business. This
is a legally binding agreement and should form at the beginning of the corporation’s lifecycle. It is effective in
regulating the founders’ business relationship. The agreement integrates various situations including what happens
next after someone leaves it or how much one contributes to a business.
1. Sets goals and future expectations
The agreement not only talks about the duties of the co-founders but also states the plans, goals, and
expectations. It provides a vision to the co-founders so they can act in a certain manner to achieve the goals.
2. Specify roles and responsibilities
The agreement-specify role and responsibility of each founder of a business so they can action and plan
accordingly. This helps businesses to grow more effectively.
PAN Card
Certificate of Incorporation
MoA & AoA of Private Company
Audited Financial Statements
Audit Report & Board Report
DSC of Director
1. Package Selection
Choose a perfect service package of your choice and fill out all the forms that are required to process further
or connect with the consultants online to resolve any query.
2. Comprehensive Agreement
As per your need, the team will draft a comprehensive co-founder agreement.
3. Modification of Agreement
After drafting the agreement, the team will share a soft copy of the agreement with you via mail to check if
everything is correct or not. If there is a need for a hard copy then it will be sent through courier.
4. Live Tracking of the Application
The team will provide you the live tracking of your application through the LIVE TRACKING TAB.
Legal24by7 is here to make everything easy for you. If you have any doubts about how to start with the procedure,
we are here to resolve this confusion for you. We will enlighten you about what are the different criteria you must
fulfill & what is the best possible way you can do everything smoothly. For a convenient Co-Founder Agreement, we
have a team of highly skilled professionals and a large network of people who can assist you with every service that
you will need.
It is important to draft a co-founder agreement as it prohibits the co-founder from engaging with other employment opportunities.
The founder is the person who has established the business on the other hand the co-founders are the persons who follow the founder in establishing the business.
An agreement is a legally binding document between the co-founders. Legal24by7 has various templates regarding this. You can check out them on our website and select the best template according to your choice.
Legal24by7 provides guidance and drafting support to a business to make the co-founders agreement. It has a perfect team and experts, who will help you out in this process.
No, there is no such need to register the co-founder agreement.
Yes, it is depended on the seriousness of the dispute.
The main intent of a co-founder agreement is to aware the co-founders of their roles and responsibilities towards the company.
