[Company's Letterhead]
FOUNDERS' AGREEMENT
THIS AGREEMENT is made and entered into on this [Date],
BETWEEN:
1. [Founder 1 Name], residing at [Address], holding passport number [Passport Number] (the "Founder 1");
2. [Founder 2 Name], residing at [Address], holding passport number [Passport Number] (the "Founder 2");
3. [Founder 3 Name, if applicable], residing at [Address], holding passport number [Passport Number] (the "Founder 3");
(Each a "Founder" and collectively, the "Founders")
WHEREAS, the Founders have agreed to establish and operate a company under the name [Proposed Company Name] (the "Company") for the purpose of [Describe the business purpose],
NOW, THEREFORE, in consideration of the mutual covenants and promises herein, the Founders agree as follows:
1. COMPANY DETAILS
1.1. Name: The Company's name will be [Proposed Company Name].
1.2. Legal Structure: The Founders agree to incorporate the Company as a [specify type, e.g., Limited Liability Company (LLC) or Free Zone Establishment] in [Jurisdiction].
1.3. Capital Contribution:
- Founder 1 will contribute [Amount] in cash or assets.
- Founder 2 will contribute [Amount] in cas...