4.4 Right of refund and restitution: The main objective of this Agreement is to maintain transparent business practices and good relations with customers. It is a legal agreement with conditions that bind them both. Many customers will decide whether they will buy from you – or in the future – based on the generosity of your return and refund policy. <> 6.3 Maintenance contract: The maintenance contract is a formal contract between two parties. The purpose of this agreement is that the other party has promised to maintain the effectiveness of the equipment or belonging of the other party. Maintenance contracts often contain the regular verification and repair of certain materials or equipment. <> All startups must benefit from certain services. Some startups also offer services. While time is a valuable resource for every startup, founders should prioritize the implementation of these agreements in order to secure the future of their business. 2.1 Confidentiality Agreement: This is a contract by which the parties agree not to disclose the information covered by the agreement.
<> RocketSpace offers speed and direction to the world`s leading technology startups and business innovators. 5.8 Tripartite Agreement: A tripartite agreement is a document that binds three parties and defines the obligations, rights and obligations of all parties. This type of agreement resolves potential claims or conflicts by clearly defining the clauses relating to dissolution, insurance, communications. <> 2.6 Consulting contracts: When it comes to working with independent contractors, consultants or the liberal professions, it is equally important to have a written document, commonly known as a “consulting contract”, that sets out expectations for employment relations. <> A confidentiality agreement (NDA) is essential before business interviews between you and an external party. From the moment a potential employee or investor walks through your door, you need to have an NDA agreement waiting to be signed. NDAs protect your startup by protecting the ideas of your founder and collaborators as well as your intellectual property. An NDA should indicate: 1.14 Partnership Resilience Agreement: If two or more partners are together and wish to end the partnership, they must establish a partnership termination agreement.
The main objective of this agreement is to establish a plan for the inventory of partnership holdings, the payment of debt and the sale of all remaining assets to the remaining partners. “Read More” 1.2 LLP Agreement: An LLP Agreement is a written document that defines the agreement between the partners of a limited liability partnership. It defines the rights and obligations of all partners among themselves and vis-à-vis the firm. A clearly defined LLP agreement provides a solid foundation for the business. A comprehensive and detailed LLP agreement defines very clearly the roles and responsibilities of a company. This helps to avoid conflicts in the future. “Read More” Startup founders should have full ownership of all IP assets in writing in order to avoid costly claims filed by patents and companies trying to copy your business model among others.Leave a reply