Hello everyone,
I have a question. We are three partners and setting up a partnership IT firm in next 1-2 weeks.
Before joining the third partner, we (two partners) were working on a startup idea.
Now, the third partner can't be part of the Startup but will be part of IT services we will provide and he understands it completely.
We will file a trademark for that idea now but it will be owned by the IT company.
How can we exclude the partner with that particular venture?
For example: The IT company (3 partner) is XYZ Software Comapny. But, we are launching a web portal abc.com.