Immediately following the filing for incorporation with the Secretary of State, incorporators should draft a set of bylaws under which the employees of your company will be required to operate. Any rule you’d like to put into place regarding the management and government of your corporation can be applied to the corporate bylaws. Provisions pertaining to the meetings of shareholders, power and election of directors, the compensation of your officers and the capital stock will all be clarified in a document of this nature. Although this is not obligatory by law, drafting this agreement will enable you to codify your various internal regulations and should therefore be filed with each incorporator. Feel free to download out template below, available in Adobe PDF and MS Word formatting.