Founders Agreement (Nigeria)

Founders’ Agreement Template

Build your startup on a strong legal foundation with this professionally drafted Founders’ Agreement Template prepared by PIA Legal Services.

This comprehensive agreement is designed to help founders clearly define ownership, responsibilities, equity allocation, decision-making processes, intellectual property rights, confidentiality obligations, funding arrangements, and exit mechanisms from the very beginning.

Whether you’re launching a technology startup, family business, social enterprise, or any founder-led venture, this template provides a structured legal framework to minimise disputes and support long-term business success.

What’s Included

* Professionally drafted Founders’ Agreement

* Easy-to-customise PDF template

* Comprehensive clauses covering founder equity, capital contributions, vesting, intellectual property assignment, confidentiality, decision-making, funding and dilution, drag-along and tag-along rights, founder departures, dispute resolution, and more

* Signature and execution pages

* Suitable for startups, entrepreneurs, SMEs, innovation hubs, accelerators, and founder-led businesses

Why You Need This Agreement

Many businesses fail because founders never clearly agree on ownership, responsibilities, or what happens if someone leaves. This template helps establish clear expectations from the outset, reducing uncertainty and protecting both the founders and the business as it grows.

Important Notice

This template is intended as a general commercial Founders’ Agreement and may require modification depending on the nature of the business, funding structure, regulatory requirements, and the commercial objectives of the founders. It should be tailored to reflect the specific circumstances of the parties and applicable laws.

For a bespoke Founders’ Agreement tailored to your startup or business, contact PIA Legal Services for professional legal drafting and advisory services.

Professionally Prepared by PIA Legal Services.