Responsibilities of a Board Member

State:
Multi-State
Control #:
US-ENTREP-0029-2
Format:
Word; 
Rich Text
Instant download

Description

It is important for a company's founders to have an agreement among themselves even before creating an entity. Founders' agreements are the product of conversations that should take place among a company's founders at the early stages of formation rather than later in the life of a company. The goal of these conversations is to have an open and honest discussion about the attitudes, fears, and aspirations of individuals involved with the startup, so as to minimize the likelihood of debilitating surprises as the company continues to evolve.

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Responsibilities of a Board Member