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A founders agreement is a crucial document for individuals coming together with an idea to form a company. It sets out the rights and responsibilities of each founder at the early stage of a company's creation. It is important to discuss and establish roles and responsibilities to avoid future problems. Key provisions to include in a founders agreement involve defining roles, responsibilities, ownership percentages, decision-making processes, equity distribution, and dispute resolution mechanisms. It is essential for founders to have open and honest discussions before finalizing the agreement.
