What Is The Process To Make A Co-Founder Agreement?

Category: Law

A founders agreement, like other contracts, exists to guide us through our day-to-day operations and to protect us when things don't go according to plan. Look, things happen. What happens to a founder's shares if the founder resigns today? Do we all receive a portion of the money if our capital account has a positive balance at the end of the year? Can the other founders take their associated intellectual property with them if they go, for instance? It's a lot, and everything must be decided before it occurs.