Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Co Owner Business Contract
"I need a Co-Owner Business Contract for a new technology startup in Kuala Lumpur, with three equal partners contributing different amounts of initial capital, to be effective from March 1, 2025, with specific provisions for intellectual property rights and future funding rounds."
1. Parties: Identification and details of all co-owners entering into the agreement
2. Background: Context of the business relationship and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Business Structure and Purpose: Legal structure of the business and its primary activities
5. Capital Contributions: Initial and ongoing capital contributions from each co-owner
6. Ownership Interests: Percentage of ownership and voting rights of each co-owner
7. Profit and Loss Distribution: Agreement on how profits and losses will be shared
8. Management and Decision Making: Governance structure and decision-making processes
9. Meetings and Voting: Procedures for owner meetings and voting requirements
10. Banking and Financial Records: Management of business accounts and financial reporting requirements
11. Transfer of Ownership Interest: Rules regarding the sale or transfer of ownership stakes
12. Dissolution and Termination: Procedures for ending the business relationship
13. Dispute Resolution: Process for resolving conflicts between co-owners
14. Governing Law: Specification of Malaysian law as governing law
15. General Provisions: Standard contract clauses including notices, amendments, and severability
1. Non-Compete and Confidentiality: Restrictions on competitive activities and handling of confidential information - use when protecting intellectual property or trade secrets is crucial
2. Intellectual Property Rights: Ownership and management of IP - include when the business involves creation or use of intellectual property
3. Employment of Owners: Terms for owners working in the business - include when owners will take active operational roles
4. Insurance Requirements: Mandatory insurance coverage - include for high-risk businesses or when required by industry regulations
5. Death or Incapacity: Procedures in case of owner death or incapacity - important for family businesses or long-term partnerships
6. Additional Capital Contributions: Process for requesting and managing additional capital - include for businesses likely to need future funding
7. Third-Party Rights: Rights of external stakeholders - include when there are important relationships with external parties
1. Schedule 1: Capital Contributions: Detailed breakdown of initial capital contributions from each owner
2. Schedule 2: Business Plan: Initial business plan and strategic objectives
3. Schedule 3: Asset Register: List of business assets and their ownership status
4. Schedule 4: Ownership Structure: Detailed breakdown of ownership percentages and classes of ownership
5. Schedule 5: Management Responsibilities: Specific roles and responsibilities of each owner
6. Appendix A: Valuation Method: Agreed method for valuing the business and ownership interests
7. Appendix B: Key Performance Indicators: Metrics for measuring business and management performance
8. Appendix C: Required Insurance Coverage: Details of mandatory insurance policies and coverage levels
Authors
Retail
Manufacturing
Professional Services
Technology
Food and Beverage
Construction
Healthcare
Education
Real Estate
E-commerce
Consulting
Agriculture
Tourism and Hospitality
Transportation and Logistics
Creative Industries
Legal
Corporate Governance
Executive Leadership
Business Development
Finance
Operations
Compliance
Risk Management
Corporate Affairs
Investment
Business Owner
Managing Director
Chief Executive Officer
Company Director
Legal Counsel
Corporate Lawyer
Business Development Manager
Operations Manager
Chief Financial Officer
Company Secretary
Partnership Manager
Compliance Officer
Risk Manager
Business Consultant
Investment Manager
Find the exact document you need
Joint Home Ownership Agreement
A Malaysian law-governed agreement establishing joint property ownership rights and responsibilities between multiple owners.
Co Owner Business Contract
A Malaysian law-governed agreement establishing rights, responsibilities, and relationships between business co-owners.
Co Ownership Business Agreement
A Malaysian law-governed agreement establishing the terms and conditions of joint business ownership between multiple parties.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.