Do you know that irrespective of the type of business entity proposed to be incorporated, proceeding without a formal founders’ agreement is the single biggest mistake entrepreneurs can commit before commencing their business operations?
The number of situations that can arise due to that single mistake is enormous. What will the respective founders’ role and obligations be? What will happen to the company’s equity? Who will own the company’s intellectual property rights (IPR)? What kind of rights and obligations should be shared between the founders if there are multiple founders (as is frequently the case)? What will happen in the next round of funding? What if there is a disagreement?
In partnership with Naqiz & Partners, NTIS will be co-hosting a webinar series to talk about topics your company needs to know for the development and marketing of innovative tech products for the next few months.
Our very first episode will cover the topic of The Importance of Founders’ Agreement to kickstart the Pi-Law Talk series, a series sharing views on current legal issues impacting technology & innovation sphere in Malaysia. We hope to have everyone joining us!
Event details as follows:
Date: 17th September 2021 (Friday)
Time: 2pm – 3pm
Mode: Virtual via Zoom
Event Link: Click here to join!
The NTIS Secretariat will continue to keep you posted on the upcoming Pi-Law Talk series.
Thank you, and looking forward to having you with us!
NTIS Partnership Team
NATIONAL TECHNOLOGY &
Block 3730, Persiaran APEC,
63000, Cyberjaya, Malaysia
Phone: 03-8324 4800