Drafting a founders agreement can be a complex process, but with the right guidance, it can be simplified. Here’s a step-by-step guide to help you draft a founders agreement using legal suvidha:

Step 1: Prepare the Draft: Create a comprehensive draft of the founders agreement that includes all necessary fields such as company objectives, terms and conditions for co-founders.

Step 2: Review and Revise: Once the draft is complete, review it to ensure all mandatory provisions are included and there are no ambiguous clauses.

Step 3: Add Additional Information: Add any additional information or provisions that may be necessary.

Step 4: Obtain Acknowledgement: Once the final draft is complete, ensure all co-founders acknowledge and accept the agreement.

Step 5: Notarize the Agreement: Notarize the agreement on a non-judicial stamp paper to make it legally binding.

Step 6: Obtain Signatures: Obtain signatures from all co-founders on the agreement.

Step 7: Seek Expert Guidance: Before finalizing the agreement, seek expert guidance to avoid disputes and ensure all provisions are legally sound.