Document background
The Co-Founder Equity Agreement is a crucial document used when establishing or formalizing the relationship between multiple founders of a Belgian company. It is typically implemented during company formation or when new co-founders join an existing venture. This agreement, governed by Belgian law and compliant with the Belgian Companies and Associations Code, defines the fundamental aspects of co-founder relationships, including equity distribution, vesting schedules, roles and responsibilities, and decision-making authority. The document becomes particularly important for startups seeking investment, as it provides clarity and security for both co-founders and potential investors. It addresses key areas such as intellectual property rights, confidentiality, non-compete provisions, and exit mechanisms, while incorporating specific requirements of Belgian corporate law. The agreement helps prevent future disputes by clearly documenting all parties' rights and obligations from the outset.
