Law firm Veat: A startup that began together with your partner with a good heart – there are contracts you must definitely review.

Startup Legal Partner, Law Firm Veat

For a long time, B, who was a friend and co-founded and operated a startup with A, and C, was in a very difficult situation. It was because B had received a notification that he intended to transfer the company shares he possessed to a third party! If B were to simply transfer his shares to a third party or an executive of a competitor, it could pose a risk of shaking the startup's equity structure.

Therefore, even if you intend to start a business with a co-founder with good intentions, it is advisable to prepare a shareholders' agreement (co-founder agreement).

Law Firm Veat Legal Forms

Law Firm Veat has provided legal consultation on issues related to co-founders for numerous startup companies, and based on this, it has been distributing shareholder agreement forms containing basic content.

In particular, it has prepared provisions to ensure the stable guarantee of the executive's equity when the co-founder resigns by setting that he would transfer his shares to the executive. Based on the Shareholder Agreement Form and Explanatory Booklet, remote legal review consultations are also possible, so if you need a review of the shareholder agreement, please contact Law Firm Veat.

Thank you.
Law Firm Veat

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