Creating Disciplined Partnerships for Successful Business Relationships
Why Investors Agreement?
Structuring Roles & Responsibilities For Seamless Operations
The founder’s agreement helps set forth the terms and responsibilities to be executed by the founders and the company. In the initial stages of an company the founders
A few of the important points that come under the founders agreement are as follows:
Shares and Transfer Restriction
An agreement to provide for a lock-in period for the restriction of the transfer of shares owned by a co-founder or the company.
Creating a mechanism to deal with a situation in case any co-foundrs is ousted from the company.
Roles & Responsibilties
Clear demarcation of roles and responibilities that each partner needs to undertake.
While compiling the Agreement it must be ensured the IP rights are assigned to the company and not remain associated with the individual.
The co-founders should maintain strict confidentiality and shall refrain from engaging in any business that conflicts with the business of the company.
Termination and dispute resolution
The Agreement mentions the rights of the company as well the co-founders when it comes to terminating the agreement upon certain valid reasons.
Why Photon Legal?
Creating a well-documented structure for founders to collaborate
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.
Defining the company goals
The vision and mission of the company is well-defined and roadmapped better with a founders agreement.
Structuring the Company
The roles and responsibilites of the members in the founders agreements are delegated.
Protecting the company
The founders agreement ensures the company is protected during disputes.
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