• definition

What is a Founders agreement ?

A founders agreement is a legal, binding, document that signed by the founders of the incorporated, or soon to be incorporated, company. It determines their rights and obligations regarding the company. The agreement talks about issues like the purpose of the company, roles of each of the founders, work commitments, equity distribution, etc. This agreement aims to protect the company in case of a dispute among the founders.

By | 2016-11-04T16:56:17+00:00 October 12th, 2016|Legal Definitions|0 Comments

About the Author:

Lior Keller
Third year Law & Accounting student at the IDC Herzliya. Dreams of becoming an influential figure in Israel's economy and leading his own company. In his free time he enjoys doing crossfit and reading Robin Sharma's books (sometimes at the same time..)