About Founders Agreement
A Founders Agreement is a legal contract between the co-founders of a startup that defines ownership, roles, responsibilities, equity distribution, and exit terms. It helps avoid disputes, ensures business clarity, and protects each founder’s rights. India Advocacy provides expertly drafted Founders Agreements tailored for Indian startups and entrepreneurs.
Key Benefits of Founders Agreement
- Clarity on Roles & Responsibilities: Clearly defines each founder’s duties, decision-making power, and areas of responsibility.
- Equity & Ownership Terms: Sets transparent rules for profit sharing, equity division, and vesting schedules.
- Conflict Prevention: Reduces chances of misunderstandings and legal disputes among co-founders.