The agreements tag has no wiki summary.
-1
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0answers
23 views
Finder's Fee - How to structure the agreement? [closed]
I have a memorandum of understanding I have been asked to sign. The agreement is between my Ontario, Canada company and an Ontario real estate developer for which I will be bringing in funds (either ...
1
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0answers
37 views
Founding a startup while working [duplicate]
I am working in a banking sector as a software developer and I am in the early stages of founding a Startup. My Startup is no way near/similar related to banking market...
As far as ...
10
votes
2answers
181 views
B2B SAAS business. Enterprise customers keep asking to accept their terms agreements
My business is a B2B SaaS business that I've been running for the last two years. It is self-provisioning, self-service, subscription-based service charged to customers credit cards. Monthly ...
1
vote
2answers
89 views
Protecting oneself from a Technology Assignment Agreement
I am an independent developer (non-employee) who is coding a product for a startup. I have other sub-contracting agreements with other clients.
The 'Technology Assignment Agreement' that the startup ...
1
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2answers
141 views
Is there a word for “don't dilute my shares faster than yours”?
I am entering discussions where the subject of me receiving equity in a company might be brought up.
I would like to know if there is a common business term (manner-of-speaking term) for an ...
0
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0answers
54 views
Getting Involved in a Startup - Things to Consider [closed]
Three friends came to me with a very original idea of a startup. They call themselves co-founders of the company (which is yet to be founded) and they need two other software engineers like me to work ...
4
votes
5answers
324 views
How to handle partners asking to renegotiate old partnership agreements
In The beginning
Around one year ago we build a software company, we needed to quit our jobs, get financing, a product, legal work, accounting work, clients and partnerships with providers.
we ...
0
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2answers
88 views
Alternative to expensive legal contract review? [closed]
I have a partnership agreement I'd like a second opinion on, but I can't afford a lawyer right now. What other resources are out there? I've found a web-based contract review site that uses attorneys ...
1
vote
4answers
201 views
Operating agreement that protects the company if two members divorce each other
I'm working on an operating agreement for a three member LLC in which two of the members are married. I'd like to include some language that stipulates that in the event the marriage is terminated ...
1
vote
3answers
179 views
How to protect my idea?
I am sorry that if it is not the right place to ask this question. I want to sell my idea to a/ a few companies to improve their products. I want to ask them to hire me as this project engineer to ...
1
vote
0answers
88 views
Partner is leaving, is there any common legal agreement that will allow him to return?
We have a company that has three business partners (all of us are liable for whatever happens in the company). One of the partners is temporarily leaving the company as he can't fulfill his duties ...
0
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0answers
73 views
How to specify, describe external external project in agreement with Employer? For example in agreement for doing project in spare time? [closed]
Assuming employee (software developer), would like to make an agreement with employer about doing some external project (software) in spare time.
Problem of doing projects in spare time is mentioned ...
3
votes
1answer
201 views
Example of Agreement (template) with Company for doing stuff in spare time
According to related topic:
If I'm working at a company, do they have intellectual property rights to the stuff I do in my spare time?
(and related : Intellectual Property and Side-Projects in ...
1
vote
2answers
96 views
What to do when partners have dropped out?
This is my situation. I had an idea and wanted to start developing it into a product. I brought in my first "partner" which is a guy I work with on a regular basis, I kicked some ideas around with him ...
3
votes
3answers
203 views
Is there anything special an underage founder/freelancer doing business with startups needs to be aware of?
Since I'm not a legal adult, is there anything special I need to watch out for in terms of startup culture?
Technically, I can get out of any legal agreement (since they can't be binding until I'm ...
4
votes
5answers
484 views
Expiry date for NDA
I am in talk with another company for developing a software for them. They require a Non-Disclosure agreement.
Should I ask to specify an expiry date for the NDA? Or does it apply to my entire life ...
1
vote
1answer
68 views
Changing the Operating Agreement
I started a company in 6/09 as a SP - In 9/09 I joined ventures with another company that took my company name and LLC it. In 8/10 I bought 100% of the company back from them. I am in the process of ...
3
votes
3answers
134 views
Is it legal or even common to require business partners to sign a prenup in the event they get married?
I'm considering starting a company with a few friends. Each of us are single guys. We're wondering, is it legal or common for a company to require other owners to sign a prenup in the event they ...
-1
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3answers
92 views
Drafting an agreement stating roles
I'm starting a creative partnership, however, the theme, name, and concept are all mine. I've invited my friend in as an artist/partner who will contribute to present and future productions. I'd like ...
2
votes
3answers
161 views
Asking a company to be a tech partner
I have been on a fruitless search for a technical partner to help me build a web startup. In the meantime, I went ahead and had the MVP built by an offshore company. They've done a pretty good job, ...
2
votes
2answers
96 views
Who owns this product?
What steps should I take to protect myself (and the company) as the sole developer of the product?
My business partner will be handling the business side of things.
It was his idea, originally, we ...
0
votes
1answer
68 views
In partnerships, should there be agreements to protect the idea?
You are look for people to co-operate with you on a startup. That means you will share your idea with them, and I know sharing your ideas with people you don't know it's not the best thing.
So, my ...
2
votes
1answer
171 views
When do we need to become an official company?
So I'm starting a new venture with a friend of mine. Basically, we are not going to be looking for seed funding, or really any funding for that matter. We are going to be up fronting the costs to our ...
4
votes
3answers
217 views
Universal NDA agreements
I'll be starting a "startup" that will require me to see existing code, propritary data, etc. I'm sure that most of my potential clients will not already have an NDA for me to sign so I want to be ...
1
vote
5answers
341 views
Divorcing A Partner Without An Operating Agreement
Here's the scenario: Myself and 2 partners have been working on a project since January. Since we are all friends (mistake number 1) we orally agreed to split the future company's equity three ways ...
1
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2answers
2k views
How much percentage an investor ideally deserve?
Last year we started a software firm, we have managed to build a good technical team and do a couple of projects which helped us hang around. Recently we had an offer from one of the investor to ...
2
votes
3answers
531 views
Equal Member Against Placing a Buyout Clause in the Operating Agreement
My 3 man equal partnership disagrees on a key issue regarding placing a buyout clause in our operating agreement. One of the three is deeply against any buyout close for both his status as a member ...
1
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3answers
212 views
Start-up Company - Legal Advice and beyond…Where do I go from here?
My question is pretty broad, but I am just wondering the next logical steps to take in establishing and distributing equity in an iOS App Business Startup.
What form or document do I would need to ...
1
vote
1answer
177 views
Is there a guide on writing a Founder's Termination Agreement?
My co-founder wants to suspend our company instead of terminating it. Is there such a thing as a Founder's Suspension Agreement? If not, is there a guide on how to write a Founder's Termination ...
6
votes
7answers
578 views
Prospective partner refuses to sign no-compete as person
After much search, it seemed that I have found a suitable partner for my IP based startup. Things seemed to have progressed well until I asked him to sign a no-compete agreement as part of the deal. ...
3
votes
1answer
417 views
How much would/should it cost to have a lawyer review a founder agreement?
An associate and I are considering putting together a startup. We will likely (hopefully) have competent counsel draw up the incoporation paperwork. Since this will likely be the firm that my ...
3
votes
4answers
194 views
Putting limits to technical support for software services, is it good?
I have recently established a company to sell ecommerce software as SaaS. There are some leads that request proposals from me. I am in a dilemma. There are two risks that I want to avoid:
I want to ...
0
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1answer
131 views
May I use content from Foursquare in commercial purposes?
I really hope this is the right forum, if not you have to excuse me.
I am planning to build a commercial service (in this case a mobile app) that uses content from Foursquare and presents it to my ...
5
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4answers
254 views
In the agreement for hiring an offshore provider, should the governing jurisdiction be my country, theirs, or both?
I am considering hiring a firm in India for a website development and am in the process of drafting the agreement. I am located in Australia.
Standard agreements include a clause stating which ...
8
votes
3answers
505 views
How to relieve customer's concerns about what happens to my one-man startup web service if I die?
I own an S Corporation that has launched a niche market web service and have signed up a few customers. I'm still very much bootstrapping this and doing everything myself (a one-man show).
I'm ...
3
votes
1answer
74 views
How do you know someone signing an agreement has the right to do so?
Always, wondered this, and never found a good answer. Guess the opposite applies, too -- how do you know someone does NOT have the right to enter a legal agreement on behalf of a company?
Please cite ...
2
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2answers
112 views
How to approach retailer to arrange onselling agreement
In our local area there are certain products that are sold at a much higher premium by large big brand retail stores and they move a lot of this product.
There are smaller established stores who also ...
4
votes
1answer
323 views
What questions should we be sure to answer in an operating agreement?
I'm at the point of forming an LLC with a partner, and wondering about questions that aren't obvious but that should definitely be included in an operating agreement. Questions like,
What are the ...
0
votes
1answer
257 views
multi-owner corp startup kit, shareholder agreement?
I'm looking for a basic kit with forms for establishing a multi-owner corporation (S-election). In particular, we want some basic clauses in the shareholder agreement to cover:
buy-sell clause, a ...
2
votes
6answers
993 views
Validity of Shareholder Agreement
We are a newly formed corporation in NY and have just drafted our first shareholders' agreement. There are five shareholders in all but only four of us have signed the agreement. We are acting as if ...
1
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1answer
489 views
Large Project Finders' Fee Question in California
I need insight into my finder's fee transaction taking place in California.
I am acting as a finder on a business venture that consists of myself having found a large investor for a large project ...
2
votes
2answers
291 views
Partnership agreement in asymetric situation
After a trial period we are trying to formalize an agreement for our partnership. The two other partners are domain experts in the field for several years and I am the technology guy doing all the ...
2
votes
2answers
2k views
Protections for minority shareholder in SHA (shareholders agreement)
We are in early startup phase. One founder has a big majority stake and we are co-founders with small 5 minority stake. We have good relations and we are happy with the stakes, but we would like to ...
2
votes
3answers
410 views
Bridge Loan from Relative with Verbal Agreement Only
To buy a capital investment and build inventory, a family member wrote a $3,000 personal check to my company. We verbally agreed on terms of 1 year at 10% interest with monthly payments.
My question ...
8
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9answers
2k views
How to resolve conflicts on a 50/50 startup?
We are going to found a startup with equal shares.
One as the product/tech partner being the other the marketing/sales partner.
We are going to found on a 50% equal shares. Not 51/49. Just 50/50.
...
9
votes
4answers
5k views
Founders Agreement
Can anyone recommend a place where I can download standard founders-agreement for a tech-startup? Preferably, it should include something about founders vesting (e.g. founders will become diluted if ...
