Founder agreements
Set out each founder's role, time commitment and agreed equity expectations.
Most founder disputes start with an agreement nobody wrote down. Ian's Covenant prepares founder and shareholder agreements, confidentiality arrangements and collaboration contracts that make ownership, responsibilities and decision-making clear.
Useful at formation, before a first hire and ahead of investment discussions.
Choose documents around the decisions your company needs to make now. Each agreement should fit the people involved and the way the business will operate.
Set out each founder's role, time commitment and agreed equity expectations.
Agree how owners make decisions and what happens when shares may change hands.
Set clear limits around sensitive information shared in business discussions.
Record the terms for a shared project before work and costs begin.
Set practical terms for early sales and the services your company depends on.
Small gaps in early paperwork can become hard questions during a founder departure or investment review. Decide the rules while everyone can still discuss them clearly.
Make the expectations explicit.
Record how ownership is allocated and what happens to unvested shares if a founder leaves before the agreed period.
Set ordinary approval rules and identify important matters that need unanimous or special consent.
Agree restrictions, pre-emption rights and permitted transfers so existing owners know when they can buy or approve a transfer.
Confirm how work created by founders, employees or contractors is assigned to the company.
Plan for a company sale and consider drag-along and tag-along terms before a transaction is on the table.
Clear founder and shareholder documents help investors understand who owns the company, how key decisions are made and whether the business owns the work it is built on.
Confidentiality terms can set boundaries for fundraising discussions. A shareholders' agreement should also be read alongside the company constitution, so the documents work together.
Resolve ownership questions early.
Start with the company's stage and the decisions in front of you. The drafting then follows the commercial position the stakeholders have agreed.
Discuss the company stage, stakeholder roles and the documents needed first.
Draft around the agreed commercial position and review how it fits with the constitution.
Work through a review round with plain-English commentary on the provisions that matter.
Receive signing guidance and a short note on terms to revisit as the company develops.
Tell Ian's Covenant what the company does, who its stakeholders are and which decisions need to be recorded. We support Irish businesses from Navan, County Meath.
A useful first step is a short outline of your situation.