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Founders | Co-Founders Agreement

Founders | Co-Founders Agreement

If you are or have founded a company with multiple members (founders), then it is absolutely important and necessary to have a Co-Founders Agreement. Ignore this step and you are potentially looking at some serious litigation. The most famous and recent example is Facebook.

What should you have in your conversation with your Co-Founders?
  • The Basics: Who are the Founders? 
  • How is the Company being divided between them?
  • What are the roles and responsibilities of each Founder?
  • Early Budget, and Resources 
  • NDAs? 
  • What happens if a founder leaves the Company?
  • How much time will each Founder have to commit to the Company? 
  • Stock buyback if a Founder leaves? Vesting period? Buy-Sell Agreement?
  • How will day to day decisions be made?
  • What is the vision of your Company and long term goals?
  • Consequences if a Founder is unable to deliver per expectations?

This is not a complete list; there are other industry and business specific questions that need consideration.
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info@drasonlaw.com

Phone: 1 (800) 929-5140


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  • Drason Law Firm
  • Practice Areas
    • Individual Legal Services
    • Business/Corporate Law >
      • How can we help your Company?
      • Benefits of Incorporating
      • Franchise Purchases | Agreements
      • Incorporating | S-Corp | C-Corp | LLC >
        • Bylaws
        • LLC Operating Agreement
        • Independent Contractor | Incorporation Benefits
      • Social Purpose Corporation (Previously: Flexible Purpose Corporation)
      • Converting Corporation to LLC | Converting LLC to Corporation
      • Professional Corporations
      • Negotiations | Business & Commercial
      • Partnerships | Partnership Agreements
      • Business Dissolution
      • Dispute Resolution | Disagreement
      • Buy-Sell Agreements
    • Small Businesses >
      • Small Business Contract Lawyers
    • Contracts >
      • Software Agreements
      • SaaS Agreements (Software as a Service)
      • Software Agreement Disputes
      • Contract Attorneys
      • Contract Breach & Disputes
      • Contract Litigation
      • Contract Review Service
      • Small Business Contract Lawyers
      • Negotiations | Business & Commercial
      • Commercial Lease
      • Buy-Sell Agreements
      • Business Purchases and Sale Agreements
    • Litigation | Lawsuits >
      • Business Litigation
      • Fraud Litigation
      • Contract Litigation
      • Civil Litigation
      • Personal Injury | Auto-Accidents >
        • Auto Accident Injury
        • Slip & Fall Injury
        • Construction Injury
        • Pedestrian Injury
    • Arbitration >
      • Arbitration Lawyer | Arbitration Process
    • Startups >
      • Why should StartUps Hire their own Lawyers
      • Founder | Co-Founders Agreement
      • Shareholder Agreement
      • C-Corp | Venture Capital
      • Startup Stocks | Authorized Shares
      • Convertible Equity
    • Tax Law >
      • 1031 Exchange Help
      • Offer in Compromise (IRS Tax Liabilty Settlement)
      • Removing a Bank Levy by the IRS
      • Hotel/Motel Tax Lawyer
      • Sales Tax Appeal | California Sales Tax Appeal
  • Contact Us
    • Phone Consultation
    • Book an Appointment
  • Blog
    • California Codes