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Category: Contracts

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Earnout payments

Reaching an agreement on the purchase price can be one of the most difficult aspects of a business transaction, as it requires strong negotiation skills from both parties.  When there seems to be no consensus about..
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What is an operating agreement?

An operating agreement is the governing document of a Limited Liability Company (LLC). This document dictates the obligations and rights of the owners of the LLC, which are called members. An operating agreement also..
When starting a restaurant, restaurant business owners should be careful to write up proper written agreements at the very beginning. One common mistake is that business partners will wait until the restaurant opens before they write a written partnership agreement..

What is a Business Purchase Agreement?

A business purchase agreement, or business transfer agreement, is a contract that outlines the terms of the transaction when buying or selling a business. It is the final part of a business acquisition.  The purchase contract..
Contracts are meant to protect you, and for a purchase agreement, there are requirements to help you achieve protection in your business transaction. Reps and warranties in M&A