A Founder Collaboration Agreement is a contract that outlines the rights, responsibilities, and expectations of the founders or creators of a business. It covers topics like intellectual property ownership, profit sharing, equity distribution, and other key aspects of the business relationship. The agreement serves to ensure that all founding members are on the same page with regards to the running of the company and the division of profits. It also serves as a reminder of the commitment each founder has made to the success of the business. This document provides clarity and protection for all sides involved.