Founders AgreementFounders Agreement • November 30th, 2020 • California
Contract Type FiledNovember 30th, 2020 JurisdictionWhereas, it is the Founders' intention to incorporate a company ("Company"), which shall, amongst other lawful activities, offer an online social media and social networking service aka ("Facebook"). The platform/application will provide people the power to share and make the world more open and connected with friends and family, to discover what’s going on in the world, and to share and express what matters to them ("Primary Purpose"); and Whereas the Founders wish to determine the respective Founders' rights, obligations and limitations, all of which shall govern the Founders' relationship of the Founders and as shareholders of the Company hereinafter with respect to the Primary Purpose and/or such other lawful activities as the Company may venture into, subject to and in accordance with the Agreement.