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Common Acquisition Contracts
March 12th, 2021
Small business owners are often surprised at the number of contracts necessary to close a business acquisition. While each transaction is unique, here are some of the common legal documents negotiated: Nondisclosure Agreement (NDA): A mutual NDA allo…
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Categories: Acquisitions
Contract Risk Allocation
August 8th, 2019
There is an extensive body of law that describes the types and amounts of damages available if either party breaches a contract. Yet most contracts include terms that allocate more risks to one party, and less risk to the other party. Generally, ther…
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Categories: Business Contracts
Components of a Contract
June 26th, 2019
Contracts are easier to understand if broken down into parts. Unfortunately, those parts (and the labels to identify them) vary greatly from contract to contract. Generally though, business contracts are organized like this: 1. The Beginning of the C…
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Categories: Business Contracts
Nondisclosure Agreements
May 23rd, 2019
The most common type of business-to-business contract is the Nondisclosure Agreement (NDA). Why are NDAs important? NDAs permit a company to disclose valuable information to another company, while protecting the confidentiality of that information. T…
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Categories: Business Contracts
5 Ways to a Simpler Contract
May 6th, 2019
Contracts should be drafted clearly, not with Shakespearian flourish. Words and styles should be reasonably understood by the people signing the contracts. Contracts should be written in plain English. Instead of saying this: “Now, therefore, in co…
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Categories: Business Contracts
What are Reps and Warranties?
March 4th, 2019
Representations and warranties (sometimes called “Reps and Warranties”) appear in many types of agreements. Although similar, representations and warranties have important differences. Representations are statements of present or past facts, whil…
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Categories: Business Contracts
I thought you said…The Importance of Merger Clauses
February 11th, 2019
Imagine this scenario: The President of Company X is negotiating with the President of Company Y to acquire certain assets for $100,000. Negotiations have stalled but both parties want to close the transaction. So President Y tells President X on the…
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Categories: Business Contracts
What is Indemnification?
January 17th, 2019
Contract negotiations can be complicated, especially when they involve legal issues. One of the most frequently negotiated contract provisions is indemnification, which is found in most business-to-business contracts. Indemnification is about risk al…
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Categories: Business Contracts
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As a North County San Diego native with a passion for social impact, I am dedicated to supporting businesses in their growth, with a particular focus on California benefit cor… Read More
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