Co-founder Agreement Drafting
Legal contract defining **roles, equity, responsibilities, and exit mechanisms** to secure your startup's foundation and prevent conflicts.
Lawizer drafts agreements tailored for your startup structure, guiding on equity, roles, and governance clauses.
Why a Co-founder Agreement is Crucial
For a startup, clarity among founders is the primary safeguard. This agreement formalizes contributions (IP/monetary) and ownership, which is vital for attracting future investment.
Key Protections & Benefits
Prevents conflicts among founders
Clarifies ownership, contributions, and decision-making rights
Protects business continuity and investment
Defines roles, equity, responsibilities, profit-sharing, and exit mechanisms
Pre-Requisites for Drafting
To draft an accurate legal contract, the following crucial details are required:
Founder details, roles, and equity distribution
Decision-making mechanisms and exit clauses
Contributions (monetary, intellectual property, or assets)
Lawizer Deliverables
Drafting agreements tailored for your startup structure
Guidance on equity, roles, and governance clauses
Legal advisory for potential disputes
Frequently Asked Questions
It is a legal contract among startup founders that defines roles, equity, responsibilities, profit-sharing, decision-making, and exit mechanisms.
It prevents conflicts among founders and is key to clarifying ownership, contributions, and decision-making rights, thereby protecting business continuity.
The agreement formally clarifies contributions (monetary, intellectual property, or assets), equity distribution, and what happens when a founder decides to leave (exit mechanisms).