Formation & Founders
Founders’ Agreement
The founders’ agreement is the single most consequential document a startup signs, and the one most often skipped. It settles equity splits, vesting, decision rights and what happens when a founder leaves, before any of those questions has money attached to it.
Your draft is written for your actual cap table and your actual dynamics: who is full-time, who brought the IP, who is funding the first year. Not a template with names swapped in.
What the draft covers
Who owns what, on what schedule, with what cliff, and what happens to unvested shares on exit.
Which decisions need every founder, which need a majority, and who runs what day to day.
Everything built before and after incorporation lands in the company, not with individuals.
Good leaver and bad leaver terms, buyback rights, and how a 50-50 deadlock gets resolved.
What a departing founder can and cannot do next, drawn narrowly enough to be enforceable.
Questions people ask
Two friends is exactly the case that needs it. Most founder disputes we see are between people who started as friends and never wrote down what they assumed they agreed on.
No. The agreement can be signed at any point and is routinely signed post-incorporation. Sooner is better because leverage shifts as the company grows.
The founders' agreement governs founders between themselves. A shareholders' agreement arrives with investors and governs all shareholders. Most companies need the first well before the second.
Often drafted together
Formation & Founders
Shareholders’ Agreement
Rights, board seats and transfer restrictions when investors come aboard.
from ₹9,999 72 hrs Formation & FoundersShare Subscription Agreement
The paper behind new shares being issued to an investor.
from ₹9,999 72 hrs Formation & FoundersMOA / AOA Drafting
Charter documents tailored to your business, not the registrar default.
from ₹5,999 72 hrsFounders’ Agreement₹4,999
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