Explore a comprehensive collection of resources detailing various types of business agreements, including partnership agreements, non-disclosure agreements, and contracts. This category features insightful articles, attorney interviews, and legal definitions designed to enhance your understanding of business law. Gain valuable insights into the essential components and legal implications of agreements to better navigate the complexities of business transactions.
Florida non-compete agreements are still enforceable in Miami-Dade County in 2026 under Fla. Stat. § 542.335, but they must be narrowly tailored, supported by a legitimate business interest, and reasonable in time, area, and scope. After widely discussed 2023 developments affecting employment and restrictive-covenant drafting, Miami employers face higher scrutiny if agreements look overbroad or […]
A well-drafted Texas LLC operating agreement can reduce deadlock risk by requiring a tie-breaker process and setting clear buy-sell rules before a dispute arises. Texas law gives LLC members broad freedom to contract under the Texas Business Organizations Code (TBOC), making the operating agreement the primary tool to prevent stalemates and coercive exits. This article […]
California’s ABC test (AB5) presumes a worker is an employee unless the hiring entity proves all three prongs—A, B, and C—so a Los Angeles independent contractor agreement must be drafted to support that proof. In LA, the stakes include wage/hour exposure, PAGA claims, and local enforcement pressure. This article explains how to draft an agreement […]
Texas non-compete agreements remain enforceable in 2026 if they comply with the Texas Covenants Not to Compete Act and are narrowly tailored, but employers must also track ongoing federal FTC non-compete litigation and any applicable injunctions. The FTC’s 2024 final rule changed the compliance conversation nationwide, even where state law traditionally favors well-drafted restraints. This […]
A well-drafted SaaS revenue share agreement typically defines at least 10 core deal terms—scope, pricing base, payment triggers, reporting, audit, taxes, IP, confidentiality, term, and termination. In SaaS partnerships, small ambiguities in “revenue” and “when earned” often cause the biggest disputes. This article explains the key clauses, payment triggers, and termination terms attorneys should include […]
A joint venture is a business arrangement where two or more parties form a separate entity or contractual partnership to pursue a specific project and share profits, losses, and control. It’s commonly used to combine capital, expertise, or market access while limiting the collaboration to a defined scope and timeframe. This article explains how joint […]
A shareholder agreement is a private contract among a company’s shareholders (and often the company) that sets the rules for ownership, voting, and share transfers. It complements the company’s articles/bylaws by clarifying rights, obligations, and what happens during disputes or major events like funding rounds or exits. This article explains what a shareholder agreement includes, […]
An enforceable agreement requires six essential elements: offer and acceptance, consideration, legal capacity, legal purpose, mutual consent, and clear terms. Whether creating joint venture agreements, asset purchase agreements, or work for hire agreements, understanding these requirements protects your interests.
