[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-174239-en":3,"doc-seo-174239-105":31,"detail-sidebar-cat-1-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":11,"category_id":12,"category_name":13,"doc_title":14,"doc_description":15,"doc_content":16,"file_id":17,"file_url":18,"file_type":19,"file_size":20,"view_count":21,"is_deleted":4,"is_public":11,"is_downloadable":11,"audit_status":11,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":15,"update_tm":29,"read_time":30},174239,962084928432,"Maya Linwood","https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d",1,18,"Letters","Founders’ Agreement - OUTLINED TERMS","Founders’ Agreement document sets core principles for operating and managing the company, including transfers of company shares and the mutual rights and obligations of the parties as shareholders. It establishes governance and operational standards, including arm’s-length dealings and compliance with applicable laws, and incorporates the articles of association as an integral part of the agreement. It also covers shareholder approvals, option pool issuances with related capital and waiver mechanics, share issue and transfer mechanics, adherence requirements for new shareholders, and restrictions on non-competition and non-solicitation alongside enforcement and remedies.","[INSERT COMPANY NAME]\nFOUNDERS’ AGREEMENT\nThis founder’ agreement (the “Agreement”) is agreed between [Company’s name] (the “Company”) and the persons, including the Founders, whose details are set out in Schedule 1 (collectively the “Parties”, each a “Party”). This Agreement comprises the Outlined Terms in Section \u0013 REF _Ref462152665 \\r \\h  \\* MERGEFORMAT \u00141\u0015, the Detailed Terms in Section \u0013 REF _Ref479590169 \\r \\h  \\* MERGEFORMAT \u00142\u0015 and the Schedules named herein.\nOUTLINED TERMS\nDetailed TERMS\nDefinitions\nIn this Agreement the following capitalized terms shall have the following meanings:\nPurpose of the Shareholders Agreement\nThe purpose of this Agreement is to set forth main principles for the operation and management of the Company, transfers of shares of the Company as well as the Shareholders’ mutual rights and obligations as the shareholders of the Company.\nBusiness and operations\nAll transactions between the Company, on one hand, and Shareholders and any entities Controlled by the Shareholders and/or their close relatives, on the other hand, shall reflect market conditions and shall be made on arm's-length terms.\nThe Company shall manage its operations based on the best industry practice and in compliance with applicable Laws.\nThe principles of corporate governance set out in this Agreement and the Articles shall be applied, mutatis mutandis, to any other Group Companies.\nArticles of Association\nThe Articles in the form set out in Schedule 2 (as amended from time to time) shall form an integral part of this Agreement as if each of the provisions of the Articles was a part of this Agreement, irrespective of whether the relevant version of the Articles is registered in the Commercial Register.\nShould the registrar of the Commercial Register refuse to register a version of the Articles with the Commercial Register because any provision thereof is held to be non-compliant with Laws, the Shareholders shall replace such provision by a valid provision which shall best reflect the Parties’ original intention and shall to the maximum extent possible achieve the same economic result and the Company shall resubmit the amended Articles to the Commercial Register.\nMatters requiring approval\nThe Company shall procure that none of the actions which require the approval of the Shareholders under this Agreement and/or the Articles will be taken without such approval.\nOption Pool\nThe Shareholders shall take all actions necessary for the issuance of Shares to the holders of options granted from the Option Pool in accordance with the terms of options approved in accordance with the “Outlined Terms”, including increase the Share Capital and waive respective pre-emptive rights to acquire the respective Shares.\nGeneral provisions on issues and transfers of Shares\nEach Shareholder undertakes to all other Shareholders (a) to Transfer any Share only in full accordance with the terms, conditions and procedure set out in this Agreement (including the Articles) and (b) to encumber any Share with any Encumbrance only in full accordance with the terms, conditions and procedure set out in this Agreement (including the Articles).\nNone of the Shareholders shall Transfer or encumber any Share with Encumbrance, nor shall the Company issue any Share, to or for the benefit of any person unless and until such person executes a deed of adherence in the agreed form by which it undertakes to be fully bound by the terms of this Agreement in the relevant capacity. Such deed of adherence (if it is in agreed form) shall be signed by the Company and the new proposed shareholder, but does not need the acceptance or signature of any other Party.\nNon-competition and non-solicitation\nThe obligation not to compete with the Business in section “Non-competition” of the “Outlined Terms” includes an obligation of the person subject to such undertaking (“Restricted Party”) not, directly or indirectly, without the prior approval by the resolution of Shareholders , to carry o","cbCaipf4kS0eQiqO","https://ap.wps.com/l/cbCaipf4kS0eQiqO","docx",89809,2,10,"English","en",105,"# Outlined Terms\n## Definitions and purpose\n## Business and operations\n## Articles of Association\n## Matters requiring approval\n## Option Pool\n## Issues and transfers of Shares\n## Non-competition and non-solicitation\n## Remedies and enforcement","[{\"question\":\"What is the purpose of the agreement for shareholders and the company?\",\"answer\":\"The agreement sets main principles for operation and management, governs transfers of company shares, and defines mutual rights and obligations of shareholders.\"},{\"question\":\"How must the company handle transactions with founders, shareholders, and related entities?\",\"answer\":\"Transactions must reflect market conditions and be conducted on arm’s-length terms, while operations should follow best industry practice and applicable laws.\"},{\"question\":\"What are the consequences if a restricted party breaches non-competition or non-solicitation obligations?\",\"answer\":\"The company may require termination of the breach, surrender revenues linked to the breach, demand contractual penalties per breach, and seek damages to the extent they exceed the penalty and surrendered revenues.\"}]","Founders’ Agreement - OUTLINED TERMS | DOCX",1788311391,4,{"code":4,"msg":32,"data":33},"ok",{"site_id":25,"language":24,"slug":34,"title":14,"keywords":35,"description":15,"schema_data":36,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":29},"founders-agreement-outlined-terms","",{"@graph":37,"@context":85},[38,53,68],{"@type":39,"itemListElement":40},"BreadcrumbList",[41,45,48,51],{"item":42,"name":43,"@type":44,"position":11},"https://docshare.wps.com","Home","ListItem",{"item":46,"name":47,"@type":44,"position":21},"https://docshare.wps.com/template/","Template",{"item":49,"name":13,"@type":44,"position":50},"https://docshare.wps.com/template/letters/",3,{"item":52,"name":14,"@type":44,"position":30},"https://docshare.wps.com/template/founders-agreement-outlined-terms/174239/",{"url":52,"name":14,"@type":54,"author":55,"headline":14,"publisher":57,"fileFormat":60,"inLanguage":24,"description":15,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":42,"name":58,"@type":59},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-09-05","2026-09-02",true,{"@type":65,"interactionType":66,"userInteractionCount":21},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"What is the purpose of the agreement for shareholders and the company?","Question",{"text":75,"@type":76},"The agreement sets main principles for operation and management, governs transfers of company shares, and defines mutual rights and obligations of shareholders.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"How must the company handle transactions with founders, shareholders, and related entities?",{"text":80,"@type":76},"Transactions must reflect market conditions and be conducted on arm’s-length terms, while operations should follow best industry practice and applicable laws.",{"name":82,"@type":73,"acceptedAnswer":83},"What are the consequences if a restricted party breaches non-competition or non-solicitation obligations?",{"text":84,"@type":76},"The company may require termination of the breach, surrender revenues linked to the breach, demand contractual penalties per breach, and seek damages to the extent they exceed the penalty and surrendered revenues.","https://schema.org",{"og:url":52,"og:type":87,"og:title":14,"og:site_name":58,"og:description":15},"article",{"robots":89,"canonical":52},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":92},[93,98,103,108,113,118,123,126,131],{"id":94,"doc_module":11,"doc_module_name":47,"category_name":95,"show_sort_weight":96,"slug":97},11,"Presentations",90,"presentations",{"id":99,"doc_module":11,"doc_module_name":47,"category_name":100,"show_sort_weight":101,"slug":102},12,"Resumes",80,"resumes",{"id":104,"doc_module":11,"doc_module_name":47,"category_name":105,"show_sort_weight":106,"slug":107},14,"Invoices",70,"invoices",{"id":109,"doc_module":11,"doc_module_name":47,"category_name":110,"show_sort_weight":111,"slug":112},15,"Posters",60,"posters",{"id":114,"doc_module":11,"doc_module_name":47,"category_name":115,"show_sort_weight":116,"slug":117},16,"Social Media",50,"social-media",{"id":119,"doc_module":11,"doc_module_name":47,"category_name":120,"show_sort_weight":121,"slug":122},17,"Forms",40,"forms",{"id":12,"doc_module":11,"doc_module_name":47,"category_name":13,"show_sort_weight":124,"slug":125},30,"letters",{"id":127,"doc_module":11,"doc_module_name":47,"category_name":128,"show_sort_weight":129,"slug":130},21,"Paper Templates",5,"papers-templates",{"id":132,"doc_module":11,"doc_module_name":47,"category_name":133,"show_sort_weight":4,"slug":134},158,"General","general-158"]