Document background
The Co-Founder Agreement is a crucial legal document used when establishing a new company or formalizing an existing founder relationship in Denmark. It should be implemented at the earliest stages of company formation or before significant business operations commence. The agreement covers essential elements such as equity allocation, vesting schedules, roles and responsibilities, decision-making processes, intellectual property rights, and exit provisions. Operating under Danish jurisdiction, particularly the Danish Companies Act (Selskabsloven) and Contract Law, this document provides legal protection for all parties and helps prevent future disputes by clearly defining expectations and obligations. The Co-Founder Agreement is particularly important for startups and new businesses where multiple founders are involved in the venture.
