Use this template to prepare a Pre-Incorporation Agreement between several parties who plan to incorporate a new company (incorporators).
Provisions of the agreement include:
- how shares of stock will be issued to each of the incorporators,
- what the consideration for the stock will be,
- each incorporator agrees not to sell or transfer any shares without first offering the shares to the corporation and to the other shareholders, who have right of first refusal,
- the incorporators agree to employ one of the parties as manager of the business of the corporation.
This Pre-Incorporation Agreement
template is provided as a fully customizable Microsoft Word document.