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and
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More than 27 years' experience.
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Business Agreements Lawyer

At The Business Law Practice PLLC, we emphasize the critical importance of well-drafted business agreements to define and protect corporate relationships. Utilizing written agreements is essential for reducing the risk of costly disputes and fostering long-term, profitable business relationships.

Pre-Formation / Start-Up Stage

  • Operating Agreement (LLC) / Shareholders’ Agreement (Corp.): These documents establish the relationship between the company's owners, addressing capital contributions, service obligations, voting rights, distribution priorities, and buy/sell provisions.
  • Employment Agreement: This agreement outlines the relationship between the company and its employees, detailing duties, compensation, and restrictive covenants such as non-competition, non-solicitation, non-disparagement, and confidentiality.
  • Space Lease: This agreement defines the terms between the company and its landlord, often requiring the owners to personally guarantee the lease.
  • Supplier / Vendor Agreement: This document governs the relationship with third-party suppliers or vendors, specifying the goods or services provided, payment terms, and warranties.
  • Client / Customer Agreement: This agreement outlines the terms of selling products or services, including payment terms, delivery schedules, and warranties.

Operating / Growth Stage

  • Financing Documents: These documents detail the terms for receiving investment capital or loans to support business operations and growth. They include private placement memoranda (PPMs) and subscription/purchase agreements, governed by federal and state securities laws.
  • Acquisition Agreements: These agreements facilitate business growth through the acquisition of another company's equity or assets. They typically involve promissory notes and security agreements, in addition to the purchase agreement.

Retirement / Exit Stage

  • Partner Buyouts: This agreement documents the terms for one owner selling their interest back to the company or to another owner. It can be a standalone document or included in the Operating Agreement or Shareholders’ Agreement from the start-up stage.
  •  Business Sales: Similar to Acquisition Agreements, these documents are crucial during the sale of a business. The buyer’s willingness to pay a premium often depends on the thoroughness of the seller's documentation of business relationships.

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For expert legal advice on drafting and negotiating business agreements, call us today to ensure your business relationships are well-protected and clearly defined.

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