ARTICLE
28 February 2023

Startup And Founders' Agreement (Video)

OA
Olisa Agbakoba Legal (OAL)

Contributor

Olisa Agbakoba Legal (OAL) is a leading world class legal solutions provider with clients in diverse sectors of the Nigerian economy. Our diversified skills ensure that we provide innovative legal solutions to our clients. At OAL, we are always devoted to our EPIC values: our excellence, professionalism, innovation & commitment.
Executing a founders' agreement is essential if you are starting a startup. A founders' agreement outlines the conditions that control business ownership and the founders' working relationship.
Nigeria Corporate/Commercial Law
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Executing a founders' agreement is essential if you are starting a startup. A founders' agreement outlines the conditions that control business ownership and the founders' working relationship.

By doing this, it is made sure that each founder's obligations, stake, and rewards are clear from the start.

This helps to avoid problems or arguments that could be avoided. All potential conflicts are resolved or checked in a way that is effective.

These aid in dramatically reducing business risks, positioning your startup for early success.

A founders' agreement is one of the things a startup desperately requires because of this.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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