Our business law attorneys help business owners write new contracts, negotiate contract renewals and review existing contracts. Contracts are typically used to define commitments between parties in writing, making it easier to resolve disagreements that may occur over time. Contracts can lessen a parties exposure to compliance issues, business disputes and expensive business litigation, mutually protecting the best interest of all parties. Examples of contracts that our attorneys can help businesses prepare, negotiate or review include the following:
Business Contracts and Agreements
A Non-Disclosure Agreement is also known as a NDA or Confidentiality Agreement. Non-Disclosure agreements protects sensitive company information by prohibiting the party who is receiving confidential information from sharing or disclosing that information. An NDA may define specific information that is considered to be confidential, a description of the party’s obligations and a defined time period the information is considered to be confidential. Non-Disclosure Agreements may be used by companies who are seeking funding, utilizing independent contractors or to prevent employees from sharing sensitive information with another party.
A Buy-Sell Agreement is a contract between business owners. A Buy-Sell Agreement commonly defines what happens to business ownership in the event of defined circumstances. Retirement, divorce, bankruptcy, death or the sale of a business are all events that have the potential to result in expensive litigation fees due to ownership disputes.
Maintenance / Service Agreements – A company providing a service may choose to use a service contract to define the terms of the agreement. Payment terms, deadlines, contract terms and the scope of work being performed are examples of terms that may be defined in a service agreement.
An Employment Agreement is a written agreement between an employee and an employer. One of the many benefits of an employment agreements is that it creates certainty by stating the rights, expectations and obligations of both parties. An employment agreement may include a job description, compensation, hours worked, vacation time and fringe benefits. Examples of potential clauses in an employment agreement may include the following: non-compete, termination, dispute resolution, severance and non-disparagement.
A Financing Agreement is typically a contract between a borrower and a creditor. Finance agreements will include the amount to be borrowed, terms of repayment, explanation of how the money is to be used and how disputes will be resolved. Financing agreements have the potential to be very complex and the use of an attorney to help draft and negotiate an agreement can be beneficial to protect either party from a possible lawsuit.
A Reseller Contract is an agreement where a party agrees to sell, market distribute or lease a product on the other party’s behalf. A reseller contract should clearly state the terms and conditions of the business relationship and can contain provisions that protects both parties.
A Manufacturing Agreements is a written agreement between a manufacturer and a customer for the manufacture of products or goods. A manufacturing agreement and negotiation of a manufacturing agreement is complex. Unlike most contracts and agreement, a manufacturing contract contain numerous and specific provisions
Non-Compete Agreement – a contract between an employee and an employer. This contract prohibits an employ from engaging in business that completes with their current employer’s for a certain amount of time after they have left the company.
Other Business Contract Related Services
Davison, Eastman, Munoz, Paone can also provide legal counsel and aid in the preparation of other business-related agreements and contracts, including:
- Commercial B2B Contracts
- Information Technology Contracts
- Intellectual Property Related Agreements
- Intellectual Property Related Licenses
Scedule A Consultation with a Contract Attorney
Call or email us today to schedule a meeting with one our experienced business attorneys. Davison, Eastman, Muñoz, Paone, P.A. has law offices conveniently located in Monmouth County and Ocean County. Our attorneys know the importance of well drafted and negotiated business contracts and agreements. We help business owners ensure that their rights and interest are protected from unnecessary legal action.