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Key Legal Startup Precautions
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FOUNDERS' AGREEMENT
Like a prenup. but for startup founders, the agreement serves to clarify assumptions about the roles each founder takes in running the business
(who contributes what, who owns what. how to resolve conflicts as they arise. and what will happen if things don't work out).
NONDISCLOSURE AGREEMENT
A legal agreement requires someone not to repeat anything or hear in the process Of working With your company
EMPLOYMENT AGREEMENT
A legally binding document that sets out the expectations, rights, and Obligations that will govern the relationship between an employee and employer.
TRADEMARK
A recognizable sign, design, or expression (or a brand mark) that identifies the products or services of your company from those of others.
CAP TABLE
A Cap t able (capitalization table) Shows What happens to company ownership over time as a result Of future rounds of
ADVISER AGREEMENT
Startups often formalize adviser relationships by signing an adviser agreement and defining what the adviser's obligations are.
These can range anywhere from making introductions to monthly/weekly meetings. publicity. or expert advice.
This creates a private checklist in your account.