The agreements signed by a company's founders often have a greater impact on the future of the business than the organizational documents filed at formation. Attorneys advising startups and closely held companies must anticipate not only how the business will operate on day one, but also how it will address changes in ownership, management, financing, and unforeseen disputes as the company evolves.

This CLE program explores the drafting and negotiation of founders' agreements for both corporations and limited liability companies, with an emphasis on developing customized governance documents that reflect each client's goals and business realities. Attendees will examine the legal and practical considerations behind provisions addressing management authority, equity ownership, voting rights, transfer restrictions, buy-sell arrangements, admission of new owners, and conflict resolution.

Through practical examples and drafting guidance drawn from decades of experience representing emerging businesses, this program equips attorneys with strategies for identifying potential issues early, negotiating effective terms, and preparing agreements that promote stability while minimizing the risk of future disputes.