Introduction As a blogger, you want to make sure that your content is protected and that you’re protected from any potential liabilities. That’s why it’s important to have a clear and comprehensive set of Terms and Conditions for your blog. Terms and Conditions are legal agreements between you and your users that set the rules for the use of your…
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Here is my free LLC Operating Agreement generator for a single-member LLC: Preview screen of the Terms.Law OA Generator for a single-member LLC When starting a business, one of the first things you will need to do is create a legal agreement. This document will outline the basic rules…
Introduction In this post, I’ll provide you with customizable templates to help…
Introduction When outsourcing work, it’s important that the worker is classified as…
A stock transfer agreement, sometimes referred to as a share purchase agreement, stands as a pivotal legal document that outlines the details of a transaction involving the transfer of company shares from one party (the seller or transferor) to another (the buyer or transferee). This agreement is the bedrock upon…
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Every company needs a well-drafted consulting agreement. However, many companies use generic agreements that are not suited to their specific needs. A consulting agreement refers to an independent contractor agreement. Essential elements in a consulting agreement include: • Detailed description of the consultant’s duties, with a catch-all provision that includes…
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Introduction As a lawyer specializing in business and employment law, one of the questions I frequently get asked is about how to properly draft an executive compensation agreement. These agreements are essential for clearly outlining the terms of employment for top executives in a company, including their responsibilities, compensation, benefits,…
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Issuing stock is an important step for any company and it is crucial to comply with federal and state securities laws and regulations. There are two types of securities offerings under U.S. law: public offerings and private offerings. Public offerings are registered with the relevant authorities and once registered, the…
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Introduction In the age of digitalization, financial services have evolved rapidly, allowing users to access a myriad of services online, such as banking, trading, lending, and more. As these services continue to gain momentum, it becomes crucial for financial institutions and fintech companies to have a robust set of Terms…
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Introduction Conducting an organizing meeting of the initial shareholders and/or directors is one stage in the formation of a corporation. The organizational meeting should cover the following topics: (a) Issuance of stock to founding shareholders and verification of signed subscription agreement, payment for shares, number of shares, and name and…
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Introduction Phantom Equity, also known as shadow stock, is a type of deferred compensation offered by start-up companies to their key employees or independent contractors. It allows these individuals to have a stake in the success of the company without actually owning any shares of the company. The concept of…
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Description The contract is an employment agreement between the Company and the Employee. It includes a pay and commission structure where the Employee will receive a monthly fee and a commission of sales made by the Employee, with the possibility for the Company to select different commission options at 12,…
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Introduction SMS marketing is a popular and effective way for businesses to reach and engage with their customers. However, it is important for businesses to ensure that they are complying with privacy and anti-spam laws when engaging in SMS marketing. In this blog post, we will discuss the key federal,…
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Introduction As a business owner, you know that managing your company’s data is a crucial part of running a successful operation. But do you have a plan in place for how long you keep that data, and what you do with it once you no longer need it? This is…
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