Legal issue

What are the founder matters?

1 clause

Clause summary and textFavoured partyAuthorGoverning lawSource

IP assignment, non-competition/solicitation agreement, employment agreement

1.1.Founders shall have assigned all relevant IP to the Company prior to closing. Each Founder will enter into a non-competition and non-solicitation agreement, and an employment agreement in a form reasonably acceptable to the Investor, and shall agree to devote their entire business time and attention to the Company and to not undertake additional activities without the consent of the Investor.
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Genie Team

🇬🇧 England and Wales

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