A(n) ________ is a written document that deals with issues such as the relative split of the equity among the founders of the firm, how individual founders will be compensated for the cash or the "sweat equity" they put into the firm, and how long the founder will have to remain with the firm for their shares to fully vest.
A) entrepreneurs' agreement
B) creators' agreement
C) founders' agreement
D) initiators' agreement
E) originators' agreement

Question

Quizplus · Accepted Answer

A founders' agreement is a written document that addresses various aspects related to the equity split, compensation, and vesting period for founders of a firm. This agreement helps mitigate potential conflicts and misunderstandings that may arise among the founders in the future. The other options (A, B, D, and E) do not accurately describe the document in question.

A(n) ________ Is a Written Document That Deals with Issues