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[Music] welcome to our video tutorial on the good lever bad lever clause in a shareholders agreement this is a clause which is not only essential in the shareholders agreement but also in the founders agreement if there are founders which leave and keep the shares other founders will work hard to increase the shareholders value while the founder which leaves benefits from that but doesnt put in any work this can be prevented with a good lever bad leaver Clause the good lever bad leaver describes what happens with founders shares in a situation where a founder leaves the organization when they leave they can be classified as either a good leaver or a bad leaver generally a good leaver means they get to keep some of their shares for a job well done while the bad leaver doesnt what could happen is that the founders of the startup agree that when a founder leaves within a year he or she has to return all of his or her shares this period of a year is sometimes called a cliff after this ye