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Commercial agreements are contracts between two or more parties that formalize a commercial arrangement. They can be simple or very complex. Properly drafted agreements prevent disputes, clarify expectations, and protect your business interests.
We assist clients in negotiating, drafting, and implementing their business agreements.
We assist clients in negotiating, drafting, and implementing their business agreements, including financing, shareholder, loan and security, leasing, licensing, sales and distribution, and employment agreements. We can help you analyze your business processes and document contracts and policies to keep you out of trouble and focused on business development.
These agreements cover a wide range of topics and may be, in some cases, quite detailed. At a minimum, however, they should provide dispute resolution provisions and mechanisms to address the death, disability, or bankruptcy of one of the shareholders.
Partnership agreements override the default provisions of the Partnerships and Business Act. They should address profit sharing, decision-making, and what happens when partners leave or pass away.
Service agreements formalize relationships with customers and service providers, defining the scope of work, payment terms, and performance expectations.
Contracts between businesses and their suppliers should be comprehensive, encompassing all necessary terms and conditions to ensure the smooth delivery of products or services, as well as financial security and predictability within the business relationship. In addition to delivery dates, costs, and descriptions of goods or services, supplier contracts may include stipulations for training and support, as well as warranties or liability clauses.
For many of our clients, controlling the supply chain is a key element of their strategic plan. Commercial distribution, supplier, warehouse storage, and shipping contracts are crucial documents that should be prepared to document your business relationships accurately. We have represented manufacturers, sales agents, distributors, wholesalers, and storage facilities and can help you negotiate and document agreements with the objective of protecting your bottom line.
Protecting confidential information is essential in many business relationships. We draft agreements that protect your proprietary information while allowing necessary business communications.
Outsourcing work may include, among other things, bookkeeping, technical support, specialized services and product manufacturing. Outsourcing increases the complexity of a business’s operations and adds risk by entrusting aspects of a business to outside contractors.
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Do I need written agreements for all business relationships?
While not always legally required, written agreements provide clarity and protection that verbal agreements cannot. They establish expectations, allocate risks, and provide remedies in the event of problems arising.
Should I use standard form agreements?
Contracts can be simple or complicated, but they should be customized to your specific business requirements. Standard forms may not address your unique needs or protect your specific interests.
When should agreements be reviewed?
Review agreements when business relationships change, laws update, or disputes arise. Regular reviews ensure that agreements remain current and continue to protect your interests.
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