What is a Founders' Agreement?

A founders' agreement outlines the various roles and responsibilities of the founding members of a company, the equity vested in them, the ownership of intellectual property created by them and their roles and responsibilities. It is a broad agreement covering various aspects of the endeavour that the founders are about to undertake, including the consequences of their departure or death.

Advantages of a Founders' Agreement

Clears the Air

Many matters tend to go undiscussed between co-founders. This agreement gives the early team members the opportunity to discuss these matters, clearing any doubts and allowing for a better relationship.

Defines Roles

This gives members the opportunity to clarify their role in the company and also gives every founding member a good understanding of what the other founding members do.

Freelancer Agreement Procedure

3 Working Days

Once you send in a request, our representative will get in touch with you to understand your requirements. If further details are required, we will contact you for the same. Once these are in, we will connect you to a verified lawyer, who will prepare the draft and send it to you for review within 3 to 4 working days.

2 Working Days

In case you have any clarifications or would like to make changes to the draft, the assigned lawyer will work on them. Two rounds of iterations are included in the original price.

Why Vakilsearch

Access to Experts

We connect you to verified expert lawyers, who will work on your documents until you're completely happy. You can track the progress on our platform at all times.

9.1 Customer Score

Clients are delighted with our service! They have consistently rated us highly because of our focus on simplifying legal requirements and providing regular updates.

200+ Strong Team

Our team of experienced business advisors are just a phone call away, should you have any queries about the process. Our team will ensure that your interaction with professionals is smooth and seamless.