Introduction A development agency contract is an agreement between a business and an individual or company that provides funding for the work of the latter. It can be used to pay for a variety of different things, including advertising, public relations and marketing services. It’s important to note that this type of agreement differs from […]
Corporate Resolutions: 14 Actions That a Require Resolutions
Introduction A corporate resolution is a formal agreement that has the force and effect of law. It is a statement of intent made by a corporation’s board of directors, officers, or members with respect to corporate affairs. What is a Corporate Resolution? A corporate resolution is a formal statement of the board of directors. It […]
Investment Contract: Common Types, Key Terms, ROI
Introduction An investment contract is a formal written agreement between you, the investor, and one or more other people who are working together to invest money in order to earn profits. An investment contract guides your relationship with your investors so that everyone involved knows how they’re going to be treated by the other party […]
Express Contract: Everything You Should Know
Introduction An express contract is a type of agreement that spells out the terms and conditions of an agreement between two parties in great detail. This can be a good thing if you’re buying or selling real estate, putting together business contracts, or signing a lease for your new home, but it’s also important to […]
Patent Application: How To File in 2023
Introduction A patent application is a legal document that gives you, the inventor, the right to file for a patent. Patent applications are filed with the United States Patent and Trademark Office (USPTO). The process of filing for a patent can be complicated, but we’ve simplified it for you here! Types of Patents There are […]
Licensing Agreement: What Is It? 5 Elements To Include
Introduction Licensing agreements are contracts between two parties to use a trademark or intellectual property. They can be used for a variety of purposes, including the licensing of products and services. What is a Licensing Agreement? A licensing agreement is a contract between two parties. In it, one party (the licensor) grants another party (the […]
Letter of Intent to Purchase: Everything You Should Know
Introduction A Letter of Intent to Purchase is a document that outlines the terms of an agreement, or the intent to enter into an agreement. It’s used by parties involved in a commercial transaction as a way to establish a mutual understanding of what each party hopes to achieve during negotiations. In other words, it’s […]
Subscription Agreement: How They Work, What’s Included
Introduction A subscription agreement is a legal document that sets out the terms of a private placement with an investor. It serves as a contract between you and that investor and is used to protect your interests. Since it’s a contract, it covers key elements like how the funds will be used, when they’ll be […]
Offer Letter: What To Include For Employees
Introduction It’s time to write that offer letter! But first, let’s make sure we’re all on the same page. Here’s what an offer letter is, why you need it, and how to write one. What Is an Offer Letter? An offer letter is a document that outlines the terms of employment. It’s a legally binding […]
Promissory Note: 5 Elements That Should Be Included
A promissory note is a formal, legally binding financial agreement between two parties that requires one party to pay a certain amount of money to another. The promissory note spells out the terms and conditions of the loan and how it will be repaid. The promissory note should also include information about repayment schedules, interest […]