A(n) ________ is a written document that deals with issues such as the relative split of the equity among the founders of the fi

Question

3 years ago

11

A(n) ________ is a written document that deals with issues such as the relative split of the equity among the founders of the fi

rm, how individual founders will be compensated for the cash or the "sweat equity" they put into the firm, and how long the founder will have to remain with the firm for their shares to fully vest.

Business

1 answer:

Cerrena [4.2K] · Answer 1 · 2022-07-17T19:33:12+03:00

Answer:

The answer is: Founders' agreement

Explanation:

When a company is being set up, its founders establish the organization and what of business it will be. The Founders' Agreement is the contract that governs their business relationships. It lays out the rights, responsibilities, liabilities, and obligations of each participating founder.