If you have the time, I would suggest reading The Partnership Charter (first 30-odd pages available on Amazon for free). It walks you through how to make a non-binding agreement that guides your business partnership (share-based or partner-based, it's effectively a partnership till you go public).
The partnership charter tries to have you ask questions that would never / could never be addressed in your articles of association, like what to do if someone wants to hire a relative or spouse, or under what scenarios you would take on another co-owner, etc.
It won't help you if it comes to a legal fight, god-forbid, but setting this down, ahead of time, might help negate any potential conflicts.
stony
citrusconsultants.com
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