Co-founder Agreement
Co-founder Agreement is a legal document that outlines the relationship among founders, including their roles, ownership, and what happens if someone leaves.
Benefits
This agreement avoids conflicts. It makes roles and ownership clear from the start.
Frequently Asked Questions
What is the founder co-founder agreement?
It`s a legal document. It outlines the roles, ownership, and rules for if a founder leaves.
Can a co-founder be an owner?
Yes, co-founders are owners. They have shares in the business.
Can a co-founder leave?
Yes, a co-founder can leave. The agreement covers how this is handled.
Key Takeaway
A Co-founder Agreement sets clear rules. It helps keep the team on the same page.