Creating Disciplined Partnerships for Successful Business Relationships
For seamless operations of a company, the founders need to have a well-defined founders agreement. A founders Agreement sets forth the rights, responsibilities, details about finances, dispute redressal, and other terms that concern the founders and the company.
The founder’s agreement helps set forth the terms and responsibilities to be executed by the founders and the company.
A few of the important points that come under the founder’s agreement are as follows:
A well-drafted founders agreement helps safeguard the interests of the company as well as the founders. It helps set forth business priorities and undertaking responsibilities. Photon Legal drafts a well-architected Founders Agreement to ensure the company is protected during disputes.
The vision and mission of the company is well-defined and roadmapped better with a founders agreement.
The roles and responsibilites of the members in the founders agreements are delegated.
The founders agreement ensures the company is protected during disputes.
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