Business Agreements

What Is a Corporate Governance Agreement? Corporate Governance is a set of rules, laws, and processes by which businesses or organizations are operated, regulated or controlled. A Corporate Governance Agreement is entered between the company and its stockholders to agree upon a binding Corporate Governance Framework. A well-drafted agreement aligns the business conduct with the […]

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What Is a Director Compensation Plan Agreement? A director compensation plan agreement is meant for non-executive directors who are not involved in managerial or financial duties of the company. As the name suggests, the executive agrees to the company withholding a certain percentage of their compensation. The portion which is withheld is invested by the […]

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Introduction to Bylaws Operating Agreement Whether you are forming an LLC or a startup, you usually require two vital documents – either the formation certification (for LLC formation) or the incorporation articles (for a specific corporation). The formation certificate for an LLC serves to be the internal governance document for a company – the bylaws […]

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What Is an Aircraft Sales Agreement? An agreement for aircraft sales includes the names of the buyer and seller of the aircraft. The details of the aircraft and the total amount payable for the aircraft. Normally, for such purchases, the buyer inspects the aircraft to determine its condition. The agreement contains all clauses to protect […]

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What Is a Web Advertising Agreement? There are two parties in an advertising placement agreement, the client and the publisher. The client has to pay the publisher a certain fee for publishing advertising content belonging to the client. The client intends to improve revenue by getting more clients from people who visit the publisher’s website. […]

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What Is Directors Deferred Compensation Plan Agreement When an experienced senior employee like a director needs to be given an incentive in terms of stock option, retirement plans or pension, to remain with the company, a deferred compensation agreement is signed. The company wants to retain the services of such employees as they benefit in […]

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What Is a Strategic Alliance Agreement? When you are working in a partnership or any form of alliance, it is suggested that working together in coordination with each other serves useful. This is the reason why a strategic alliance agreement is crucial in ensuring the overall success of a strategic alliance. In case your business […]

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A Brief Introduction About the Delaware Corporation Agreement The operating agreements that are almost like the “by-laws” of a corporation, the laws that define the rules and regulations of the company’s business and are like a limited partnership agreement are known as Delaware Corporation Agreement. Delaware Corporation Agreement defines the terms that the members of […]

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What Is a Founders Restricted Stock Purchase Agreement? A founders restricted stock purchase agreement is entered into between the founders of a company and the company. Due to the lack of sufficient funds, the owners of a new company are compensated through stocks of such company. In some cases, the founders may also choose to […]

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The Principle Business Co-operation Agreement between two companies works as an official document for the formation of a business. This agreement is required when two parties want to form a business relationship and work towards reaching the common business goal. An exclusive business cooperation agreement contains the principles of the business that are maintained during […]

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A convertible note agreement is for an investor to subscribe to a convertible note. This is a debt instrument that will be converted into an equity instrument. This conversion may be upon the happening of a certain liquidity event or upon the maturity of the note. For raising funds, companies may use this agreement if […]

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This agreement arises as a result of the services provided by a service provider to its clients. The agreement clearly emphasizes the scope of the facilities that will be provided by the service provider to its customer. The performance of the facility Management Agreement is elucidated in the Service Level Agreement. This is an agreement […]

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