Free Template

Founders Agreement

2 signers
1 Founder 1
2 Founder 2
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Why You Absolutely Need a Founders Agreement

Starting a business can be a thrilling adventure, but it’s also filled with potential pitfalls and tough decisions. One of the most critical aspects of starting a business is the Founders’ Agreement, a document that outlines the rights, responsibilities, and expectations of each founder involved in the venture.
Free Founders Agreement Template for Startups
If you’re starting a business with one or more partners, a founders agreement is an absolute must-have to avoid costly misunderstandings and disputes down the road. Lucky for you, the Fill team has found the perfect solution: a free founders’ agreement template that you can fill out and sign.
Get a copy of the document by clicking any of the buttons on this page. Moreover, we’ll help you create a founders’ agreement and help you realize why this free template can save your bacon (and your business).

Don't Leave Your Startup's Future to Chance

A founders’ agreement is a legally binding document that outlines the business founders’ rights, responsibilities, and expectations. It’s like a prenuptial agreement for your business partnership. If you don’t have one, you’re asking for trouble.

This essential agreement serves as a roadmap for navigating the complexities of a startup, addressing critical issues such as equity distribution, decision-making processes, conflict resolution, and related intellectual property ownership structure.

By establishing a clear understanding among founders from the get-go, the founders’ agreement helps prevent costly misunderstandings, disputes, and potential legal battles down the line, ensuring your business has a solid foundation for growth and success.

Fill has an incredible founders agreement template that you can use for FREE. Just click any of the buttons on this page to get started on securing your startup’s future.

Reasons to Involve All The Founders in Your Business in a Founders Agreement

There are plenty of reasons to use a startup founders agreement. One of the primary reasons to use this is to establish clear roles and responsibilities for each founder within the business. This clarity helps prevent potential conflicts and misunderstandings that may arise as the business grows and evolves. Mutual written consent between founders allow them to focus their energy on achieving their business goals rather than being sidetracked by uncertainties or disagreements.

Another reason is to address crucial aspects of equity ownership and decision-making processes. By establishing the ownership stakes of each founder and outlining the voting rights associated with those stakes, the agreement creates a transparent and fair structure for making decisions.

This approach is particularly vital when it comes to making high-stakes choices in such an agreement, such as raising capital, acquiring other businesses, or pivoting the company’s direction. Another example is, when one of the business venture’s founders resigns, should the company pay the resigning founder any positive capital account balance within a specified timeframe? These and other related issues can be addressed in the agreement.

Finally, it provides a predefined framework for resolving conflicts, ensuring that disputes are addressed in a constructive and efficient manner. By having a conflict resolution plan in place from the outset, founders can focus on finding solutions and moving forward rather than getting bogged down in prolonged disputes that can damage business and personal relationships.


Fill’s template helps you and your co-founders define your roles, responsibilities, and ownership stakes in black and white, avoiding confusion and misunderstandings down the line.

Conflict resolution

The template helps you establish a clear process for resolving disputes and making decisions, ensuring your business continues to run smoothly even in the face of disagreements.

Intellectual property protection

Fill’s Founders Agreement template ensures that all intellectual property created by the founders is properly protected and owned by the company.

Exit strategy

The template provides a framework for how founders can exit the company or transfer their ownership, avoiding messy situations when a founder decides to move on.

Founders Agreement FAQs

Absolutely! Fill’s template is fully customizable, allowing you to tailor it to your unique business venture situation. You can easily add, remove, or modify sections to ensure the entire agreement aligns with your specific needs and objectives.
While Fill’s founders’ agreement template provides a solid foundation for your agreement, it’s always a good idea to consult with a lawyer to ensure that the agreement complies with local laws and adequately addresses your specific circumstances, especially when other founders are involved.
You won’t believe it, but Fill’s founders agreement template is 100% FREE! There’s no catch – just click any button on this page to start creating your customized agreement right away.

Fill’s template has been designed by industry professionals and is based on best practices. This means you can trust the template to provide a solid foundation for your partnership agreement. However, as mentioned earlier, it’s always wise to consult with a lawyer to ensure the agreement meets your specific needs and complies with local laws.

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