Commercial Contracts
Commercial Contracts
Commercial contracts are legally binding agreements between parties engaged in business or specific transactions. They largely outline the parties’ rights, obligations, responsibilities, and remedies, establishing and crystallising their arrangement. “Commercial contracts” is a broad term encompassing the instruments facilitating business transactions and protecting the interests of the involved parties. Therefore, it is vital to meticulously negotiate, draft, review, and execute these contracts.
Partnership Deeds
A partnership deed is a legal document that outlines the terms and conditions governing the operation of a partnership business. It is fundamental for any firm as it establishes the partners’ rights, responsibilities, and obligations and how day-to-day business is conducted.
Established Companies
For companies that have been around a while and are dealing with partnerships, working with vendors, and doing projects with others, our experienced legal team can help protect your interests and make deals go smoothly.
Advisory Agreements
Advisory agreements are legal agreements between an entity and an advisor (generally consultants providing advisory services) outlining the terms on which the advisor shall provide the advisory services. They crystallise the scope of work and clearly define the parties’ rights and responsibilities.
Service Agreements
A service agreement is an arrangement between the service provider and the client that outlines explicitly the services to be provided. It formalises and defines the professional relationship, ensures clarity, transparency, and accountability, and provides a clear scope of work, consideration, and remedies for non-compliance with reciprocal promises.
Non-Disclosure Agreements
Non-disclosure or confidentiality agreements are signed during business or employment to restrict access to sensitive information, trade secrets, and critical information pivotal to the organisation. These agreements define confidential information, protect it from disclosure, and outline breach repercussions.
Limited Liability Partnership (LLP) Agreements
An LLP agreement governs the internal operations, rights, responsibilities, and relationships among the partners of a limited liability partnership. It sets out the framework for the LLP’s operation and management. The partners, who may include individuals, corporations, or other legal entities, must carefully review and negotiate the terms to ensure their rights are protected.
Employment Contracts
Employment contracts formalise the relationship between the employer and the employee. The employment contract and the employer’s fundamental documents govern the employee’s tenure with the employer.
Shareholder’s Agreements
A shareholder’s agreement is an arrangement between a company’s shareholders that governs the company’s operation and outlines the shareholders’ rights and responsibilities. It includes all the rules and processes for the shareholders and the company.
Franchise Agreements
A franchise agreement outlines the terms and conditions under which a franchisee is granted the right to operate using the franchisor’s brand, trademark, business model, and support systems. Several factors must be considered, such as trademarks, geographical territory, fees and royalties, payment models, support and training, marketing assistance, terms and renewal, IP rights, branding, covenants, and dispute resolution.
Distributor Agreements
A distributor, also known as a channel partner, purchases goods from the supplier/manufacturer/wholesaler and distributes them within a specified geographical area or market segment. This agreement delineates the parties’ rights, responsibilities, obligations, and other terms and conditions.
Vendor Contracts
A vendor contract is an agreement between a business owner and a vendor or service provider to supply goods and services. These contracts are crucial for establishing the relationship between the buyer and the vendor, specifying each party’s rights, responsibilities, and obligations and providing remedies for non-compliance.
Intellectual Property Assignment Agreements
An intellectual property assignment agreement involves the transfer of ownership of an IP right, such as a patent, trademark, or copyright, from the assignor to the assignee. A well-crafted intellectual property strategy can maximise business potential, and the significance of such agreements is undeniable, given the increasing number of such transactions.