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It clear any doubts and makes the relationship healthy by defining the role of the different co-founders.
It ensures elimination of loopholes that can be exploited since this agreement clarifies the roles and responsibilities of every member in the company.
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The purpose of the agreement is to make the understanding the co-founders have regarding the functioning of their company and relationship and obligation between co-founders legally binding through a formally written agreement.
It provides for business definition, percentage or number of shares which is held by each co-founder, the extent of each founder responsibility, issue regarding the firing of any founder, a non-compete clause, confidentiality, etc.
Don’t worry, just fill the above mentioned details & contact the professionals of Aapkaconsultant.com and we will guide you with the complete process.