Founders' Agreement UK

Co-founder conflict is the #1 reason start-ups implode

Ensure yours explodes instead

Your shares, IP & growth, done right

Professional co-founders, investors and customers expect a professional legal setup: robust, simple, and compliant.

Co-Founder growth

Founders' agreement

A robust founders' agreement covers the 5 Rs. It’s your best defence against co-founder disputes.

Rights

Director/shareholder rights

  • Manage ownership

  • Manage control

  • Manage IP

Founder rights

Clarify what rights each founder holds at board and shareholder level.

We help you:

– Define voting powers, rights to dividends and profit

– Cover director status and responsibilities

– Align rights with shareholding and leaver provisions

– Clarify who contributes IP and on what terms, and who owns the IP created by the business

Reward

Vesting, salaries, fees, dividends

  • Agree mix of remuneration

  • Vesting & reverse vesting

  • Avoid money disputes

Founder reward

Align equity and income with founder contribution and performance

We help you:

– Draft equity structures and vesting schedules

– Agree on salaries, service fees, and dividend rights

– Plan for profit-sharing and exit scenarios

Roles

Set clear founder roles

  • Clarify who does what, and how

  • Draft role-based agreements

  • Keep leadership accountable

Founder roles

Whether you're acting as CEO, CTO or Head of Growth, your role should be defined legally.

We set this out clearly to avoid overlap, disputes, and ambiguity.

We help you:

– Appoint and confirm founder roles

– Draft or support service contracts

– Ensure day-to-day duties are covered legally and commercially

Responsibilities

Conduct, duties, contribution

  • Agree minimum contribution and effort

  • Set standards for meetings, admin & conduct

  • Protect the company’s reputation

Founder responsibilities

We make sure all founders commit fairly to the growth of the business, including time, behaviour, and admin responsibilities.

We help you:

– Define contribution expectations

– Set rules for company conduct, communications & brand reputation

– Establish routines for meetings and decision-making

– Clarify legal and regulatory compliance duties

Restrictions

Non-compete, exit controls

  • Prevent unauthorised competition

  • Set boundaries for founders leaving

  • Prevent damaging actions

Founder restrictions

We help you define what founders can’t do, so that the business is protected.

For example, competing with the business, or poaching clients and team members.

We help you:

– Draft anti-compete and non-solicit terms

– Stay protected against disparagement from leavers

– Align restrictions with business risk and stage

Shareholders' agreement

Structure, investment, corporate shareholders

For more complex corporate arrangements or established businesses, a Shareholders' Agreement may be more appropriate.

  • You’re bringing in investors, advisors or non-founder shareholders

  • You have multiple share classes or funding plans, or corporate shareholders

  • You want a comprehensive legal framework beyond the founders’ relationship

Shareholders' agreement

We help you:

– Draft or upgrade your Shareholders’ Agreement to match your structure

– Set rules for exits, fundraising, voting and share transfers

– Align all parties with a clear, future-proof legal foundation

Co-Founder

Case studies

Investment in start-up

Investment by family office manager

Represented an investor who took a stake in an events business involving F1, HNWIs & networking

  • Minority protections

  • Transfer provisions

  • Simple, fair terms

Fast, safe investment

The brief

This investor wanted a simple, straightforward agreement to cover his investment in the new company.

His objective was to make a fast, safe investment with key protections while still giving the founders flexibility to run the company freely.

The priority was to make sure legals didn't get in the way of doing the deal, keeping up the business' momentum and protecting the relationships and dynamics involved.

The solution:

We put together a short but robust shareholders' agreement that protected the investor but wasn't overbearing for the business.

Collaborative JV

Co-founder agreement for a collaborative JV

Helped two influencer entrepreneurs with their new collaboration: a platform and community

  • Balanced commercial terms

  • Flexibility baked in

  • Clear rights

Collaborative, flexible agreement

The brief

The co-founders wanted to join forces to offer their audiences a new membership/community solution.

The objective was to ensure that the right legal foundations were in place: robust but flexible, to enable the start-up to evolve naturally.

The priority was to ensure that the relationship remained collaborative.

The solution:

We designed a short and simple founders' agreement that baked in flexibility and provisions that support collaboration.

We also created their Terms of Service and took care of data/privacy compliance.

New wearable & app

Small stake offered to growth advisor

Represented a tech founder who brought on a partner to drive growth

  • Vesting tied to performance milestones

  • Services agreement with commission element

  • Growth-focused commercial terms

Growth-focused rewards

The brief

Founder of a tech business wanted to bring in a partner to take her business to the next level.

The solution:

We put together a short but robust shareholders' agreement and linked services agreements that rewarded the partner based on performance.

Luxury design venture

Co-founder agreement for a collaborative JV

Helped an architect to bring on a partner for a new venture that complemented an existing business

  • Market-standard protections for both parties

  • Comprehensive intellectual property clauses

  • Clear roles and responsibilities defined

Short, robust, clear

The brief

Architect set up new venture with co-founder and wanted to ensure both parties were aligned, incentivised and protected.

The solution:

We designed a short and simple founders' agreement that enabled co-operation and growth.

Pricing

Get things agreed

Top seller

Founders' Agreement

Protect your co-founder relationship

Info

  • Rights, roles, responsibilities, restrictions, remuneration

  • Protects your relationship and rights as co-founders

  • Covers share transfers and exits

  • Vesting, reverse vesting

  • Designed for UX

Versions

Tailored*

  • Light: £990+

  • Medium: £1,485+

  • Complex: enquire

Templates**

  • Simple: £495

*Indicative/starting prices

**Templates: purchase or via membership

Top seller

Shareholders' Agreement

Protect your rights, relationships & investment

Info

  • Rights, roles, responsibilities, restrictions, remuneration

  • Protects your relationship and rights as shareholders

  • Covers share transfers and exits

  • Investor and minority protections

  • Vesting, reverse vesting

  • Enterprise-grade

Versions

Tailored*

  • Light: £1,237.50+

  • Medium: £1,980+

  • Complex: enquire

Extras

  • Directors' service agreement: enquire

  • Amend your articles of association: enquire

*Indicative/starting prices

Need help?

Whether you're dividing equity, formalising roles, or safeguarding your business from founder fallout, we can help.

At New Legal, we combine deep legal expertise with real-world business experience to give you clear, founder-friendly agreements and tailored advice to protect what matters most.

New Legal Reviews

*T&Cs apply. N3WWW LTD (trading as New Legal), is a limited company registered in England & Wales (no. 13889459), registered office Suite 169, 23 King Street, Cambridge, CB1 1AH. New is a legal consultancy, not a law firm, and is not authorised and regulated by the Solicitors Regulation Authority. English law only. Sponsorship, promotions and credits apply to selected products, services and tiers only – T&Cs and eligibility apply. Subject to availability. Images are indicative only to protect client confidentiality where applicable. Services are provided subject to our Terms of Service & privacy policy available here: https://new-legal.com/legal