Category | 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% [?]

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What is an Equity Incentive Plan?

Posted on 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 [...]

Popularity: 2% [?]

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XM-Sirius Satellite Radio Merger Finally Approved

Posted on 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. [...]

Popularity: 4% [?]

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Participation Agreements: Why Banks Use Them

Posted on 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 [...]

Popularity: 6% [?]

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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: 10% [?]

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Engagment Agreements vs Employment Agreements

Posted on 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 [...]

Popularity: 12% [?]

Distribution Agreements

Posted on 08 August 2008

This post will cover the key provisions of an agreement to distribute filmed entertainment, usually made between a producer or licensor (”Producer”) of a motion picture and a distributor (”Distributor”).
Picture: This provision covers the specifications of the film to be delivered by the producer to the distributor. For instance, how long or short [...]

Popularity: 16% [?]

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The Rise of Open Source Partnerships

Posted on 07 August 2008

In the rapidly developing open-source world of the Internet, it is currently in vogue to for software companies to forge partnerships. These partnerships consist of one company, a software developer, contributing software code to another company’s software platform. This code is often in the form of an “add-on application” that allows users to [...]

Popularity: 16% [?]

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Agreement Allows Korean Firm to Help U.S. Soldiers

Posted on 06 August 2008

Korean technology firm Woori Technology Inc. has entered into an Assignment and Assumption Agreement with New York based MSGI Security Solutions Inc. to provide touchscreen computer display technology to the U.S. Department of Defense. Under the agreement, MSGI assigns all of its rights and obligations under the contract with the Defense Department to Woori, but [...]

Popularity: 13% [?]

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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 [...]

Popularity: 5% [?]

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