If you have set up a limited liability company and you are earning a co-founder, you will likely give shares in the company as part of the co-founder relationship and therefore you will need a shareholders` agreement, especially before getting an external investment. The shareholders` agreement differs from a company agreement mainly in that the consideration is an actual participation of the company or stock options and, therefore, the relationship is structured differently, although the principles underlying the agreement remain the same as decision-making. Contracts and agreements are important for the business of all large companies. In previous decades, there were few written business contracts and many business and personal affairs were concluded out of hand. In the event of a problem, both parties could take the case to court and a judge would hear the case, even if the contract was not drawn up in writing. The agreement can be very simple or more extensive and more complex depending on what has been agreed and the phase of the company`s life cycle, but it will often include: a shareholders` agreement (sometimes called a shareholder agreement in the United States) (SHA) is an agreement between the shareholders or members of a company. In practice, it is analogous to a partnership contract. It can be said that some jurisdictions do not correctly define the concept of shareholders` agreement, but the particular consequences of these agreements have been defined so far. Shareholder consent has advantages; To be precise, it helps the business unit to preserve the absence of advertising and to preserve confidentiality. There are, however, a few drawbacks that should be taken into consideration, such as for example. B the limited effect on third parties (in particular assignees and purchasers of units) and the change of defined items may take time.

This agreement protects all confidential information about your company, including IP and other business information that you may not want to share, copy, or publish. An NDA is highly recommended before sharing sensitive or confidential information with outside parties, from potential co-founders to suppliers and investors, and especially if you intend to cooperate with another company. . . .