Document background
The Co-Founder Agreement is essential when two or more individuals come together to establish a business venture in Ireland. It should be implemented at the earliest stages of company formation, ideally before or during the incorporation process. This document is crucial for defining the fundamental aspects of the co-founder relationship, including equity distribution, vesting schedules, roles and responsibilities, decision-making processes, and intellectual property rights. It helps prevent future disputes by clearly outlining expectations and obligations while ensuring compliance with Irish company law and related regulations. The agreement typically includes provisions for business operations, confidentiality, non-compete clauses, and exit scenarios, providing a solid foundation for the business relationship.
