What is a Limited Partnership Agreement?

21 August 2008

A Limited Partnership Agreement is a written agreement that governs the actions of and the relationship between various partners in a partnership. A Limited Partnership is a partnership consisting of one or more general partners and one or more limited partners. General partners bring no surprises. General partners of limited partnership: Have management control of [...]

What is an Equity Incentive Plan?

20 August 2008

An Equity Incentive Plan is a tool used by companies to attract and retain top-level executives by providing these executives and directors with an equity interest in the company. An important part of their overall compensation package, these plans contain a mix of company stock and stock options. Companies who offer Equity Incentive [...]

XM-Sirius Satellite Radio Merger Finally Approved

19 August 2008

Nearly a year and a half after first announcing plans to merge, Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. finally received FCC approval for their Plan and Agreement of Merger. The FCC approved the two companies Plan by a 3-2 margin, with commissioner Deborah Tate casting the final and deciding vote. [...]

Participation Agreements: Why Banks Use Them

18 August 2008

Participation agreements are written contracts between banks in which they agree to cooperate to handle an exceptionally large loan to a single borrower. One bank, which for legal or financial reasons cannot make the loan by itself, will originate the loan and then recruit other banks to share in the profits and in the [...]

Key Elements of a Trademark License Agreement

15 August 2008

In a trademark license agreement, the licensor who owns the trademark allows the licensee to use the trademark by way of a grant of license and for consideration of the licensee paying to the licensor royalty fees. Trademarks are distinctive signs or indicators-usually phrases, logos, slogans, designs, images, or combination’s thereof-that identify a specific company [...]

Engagment Agreements vs Employment Agreements

12 August 2008

An engagement agreement is a written agreement in which one party contracts to provide goods or services to another party in exchange for compensation. Such agreements are very similar to employment agreements. If ABC Corporation engages Mr. Smith to be its CFO, the agreement is essentially an employment agreement. Both include: Smith’s compensation, including benefits [...]

For Businesses

Security Agreements

Posted on 15 July 2008

Without the security agreement, it is improbable that individuals or businesses would be able to borrow much money, for interest rates would be prohibitively high. Security agreements allow for the free flow of credit and capital by assuring lenders that they will be repaid on the loans they make.
When a lender makes a loan [...]

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For Lawyers

What is a Limited Partnership Agreement?

Posted on 21 August 2008

A Limited Partnership Agreement is a written agreement that governs the actions of and the relationship between various partners in a partnership. A Limited Partnership is a partnership consisting of one or more general partners and one or more limited partners.
General partners bring no surprises. General partners of limited partnership:

Have management control of [...]

Popularity: 1% [?]

Legal Documents

Internet Advertising Agreements

Posted on 05 August 2008

The following blog post addresses some of the provisions most commonly found in Internet Advertising Agreements.
Definitions: The first paragraph of an Internet advertising agreement should set forth the definitions of the key terms that the agreement will refer to frequently.
Term: The agreement should recite how long the agreement is for.
Positioning: This paragraph [...]

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Legal Research

Crash Course on Trademark License Agreements

Posted on 15 August 2008

Properly thought out and managed trademark license arrangements can be win-win opportunities for all parties, including the public. The document that goes a long way toward realizing this opportunity is the trademark license agreement. This agreement is a written contract in which the holder of a trademark (licensor) grants the revocable right to [...]

Popularity: unranked [?]

Pop Legal

Alligators Roam During Hurricane Fay

Posted on 21 August 2008

Floridians are in the wet seat as Hurricane Fay left residents in Central Florida wrecked. The streets flooded and that’s the “good” news out of this soggy saga. The bad news is that alligators and snakes are swimming in the streets, creating a dangerous environment for people.
“We have removed alligators, we have removed snakes and [...]

Popularity: 1% [?]

Uncategorized

Key Elements of a Trademark License Agreement

Posted on 15 August 2008

In a trademark license agreement, the licensor who owns the trademark allows the licensee to use the trademark by way of a grant of license and for consideration of the licensee paying to the licensor royalty fees. Trademarks are distinctive signs or indicators-usually phrases, logos, slogans, designs, images, or combination’s thereof-that identify a specific company [...]

Popularity: unranked [?]