The Split Dollar Agreement for Mountain 1st Bank & Trust Company was made available today by online legal document provider RealDealDocs.com.

The Mountain 1st Bank & Trust Company split dollar agreement with an executive employee was recently amended to restate the division of the death proceeds of a life insurance policy through Midland National Life Insurance Company, on the executive’s life, to be effective until such time as the executive’s employment with Mountain 1st Bank & Trust is terminated.Another split dollar agreement was amended involving a number of notable life insurance companies and an executive from Nevada Security Bank. Both of these split dollar agreements are available in their entirety on the RealDealDocs.com website.

A split dollar agreement is a legal document under which two parties can split the benefits and costs of a specified transaction.

RealDealDocs.com is the online legal document resource preferred by lawyers, deal professionals and entrepreneurs. The powerful search functionality is easy to use which is just one of the reasons 40 of the top 200 law firms in the world use it.

The contracts, agreements and clauses available at RealDealDocs.com are the actual legal documents used by both the smallest of small capital companies as well as Fortune 500 companies alike.

RealDealDocs.com helps to cut drafting time in half and provides unprecedented insight into the deal structures of the world’s largest companies. The legal documents may be searched for by category, law firm, parties involved or by the state of the governing law. Visitors can search the extensive RealDealDocs.com database absolutely free and members of the site may also download, copy, edit and print unlimited legal documents for their own personal or business use. Visit RealDealDocs.com for more information, membership options, and free legal document searches.

RealDealDocs.com is a division of Practice Technologies, Inc. the creators of SmartRules.com. SmartRules provides step by step guides to local rules and civil procedure for state courts & federal courts throughout the country.

Popularity: 6% [?]

Popularity: 3% [?]

The online legal document provider, RealDealDocs.com has released a number of Employee Bonus Agreements for the top companies in America including many Fortune 500 companies. These are the actual legal documents drafted by the nation’s top law firms.

Released by RealDealDocs.com in March 2009, the WellCare Health Plans Inc. employee bonus agreement details the terms for a special employee bonus agreement aimed at employee retention for the company. The employee bonus agreement covers certain employees in recognition of their prior contributions and offers an incentive for such individuals to continue to provide services to the health insurance company. The full execution copy of this employee bonus agreement is available on the RealDealDocs.com website.

An employee bonus agreement is a legal document defining the bonus structure for an employee during the term of employment.

RealDealDocs.com is the online legal document resource preferred by lawyers, deal professionals and entrepreneurs. The powerful search functionality is easy to use which is just one of the reasons 40 of the top 200 law firms in the world use it.

The contracts, agreements and clauses available at RealDealDocs.com are the actual legal documents used by both the smallest of small capital companies as well as Fortune 500 companies alike. RealDealDocs.com helps to cut drafting time in half and provides unprecedented insight into the deal structures of the world’s largest companies. The legal documents may be searched for by category, law firm, parties involved or by the state of the governing law. Visitors can search the extensive RealDealDocs.com database absolutely free and members of the site may also download, copy, edit and print unlimited legal documents for their own personal or business use. Visit RealDealDocs.com for more information, membership options, and free legal document searches.

RealDealDocs.com is a division of Practice Technologies, Inc. the creators of SmartRules.com. SmartRules provides step by step guides to local rules and civil procedure for state courts & federal courts throughout the country.

Popularity: 4% [?]

A heated battle over the famous Shepard Fairey Obama images has taken the spotlight and raised questions about copyright license agreements when it comes to artistic expression.

The Associated Press has sued Shepard Fairey for for violating a copyright license agreement on the photo taken by Mannie Garcia that Shepard Fairey turned into the famous graphic image of Obama with “Hope” or “Progress” emblazoned below.

Shepard Fairey insists that his artistic rendition of the photo does not violate the copyright license agreement as he dramatically altered Garcia’s photo.

Nevertheless, the AP disregards Fairey’s artful amendments and demands compensation from the profits Shepard Fairey and his companies have made off of the image as reparations for the copyright license agreement infringement.

In response to an attack on copyright license agreements, Fairey poses the issue of free expression rights. As far as the AP sees it, “The dispute turns partly on the legal concept of fair use, which allows exceptions to copyright law. Courts decide based on factors including how much of the original is used, what the new work is used for and how the new work affects the original.”

To read what clauses are contained in a copyright licesnse agreement, visit any one of the numerour online legal document resorces, like RealDealDocs.com to view actual execution copies of copyright license agreements and other legal documents.

RealDealDocs.com is a division of Practice Technologies, Inc. the creators of SmartRules.com.
SmartRules provides step by step guides to local rules and civil procedure for state courts & federal courts throughout the country.

Popularity: 5% [?]

Organic To Go finalized the sale of a $5 million dollar secured convertible promissory note, selling it to Inventages Whealth Management Inc.

Inventages Whealth Management Inc., the financial party of the convertible promissory note, is one of the top life-sciences nutrition, and wellness oriented venture capital funds with holdings of $1.5 billion dollars under their management.

Organic To Go, the holding party of the convertible promissory note, is a Seattle based fast food chain that holds the first USDA organic certification for casual cafes.

Convertible promissory notes are legal documents that serve as debt but convert under the terms of the financing. Notes can convert to equity automatically upon a certain event or at the discretion and choice of the note holder, terms that will be stipulated in the “Conversion Rights” section of the term sheet.

The online legal document resources like RealDealDocs.com offer execution copies of convertible promissory notes and other legal documents for the world top corporations and small companies.

RealDealDocs.com is a division of Practice Technologies, Inc. the creators of SmartRules.com.
SmartRules provides step by step guides to local rules and civil procedure for state courts & federal courts throughout the country.

Popularity: 5% [?]

Construction loan agreements in a number of unrelated industries are the center of discussion. While the frequency of construction loan agreements has dwindled, their presence in the corporate scene has not been quieted.

In early March 2009, the construction loan agreement worth over $14 million dollars between Baymount Inc. and the Ontario Lottery and Gaming Corporation was amended to restate a number of the original clasues from July of 2008.

In February 2009, stalled Landmark Hotel owner Halsey Minor filed a lawsuit against his hotel’s developer and financial lender in search of severing the construction loan agreement as well as all other ties between the business entities.

Also in March 2009, private investors sued JP Morgan Chase Bank for damages in excess of $350,000 for breach of their construction loan agreement and failure to convert the construction loan into permanent financing.

It is interesting to monitor the development of construction loan agreements as the economy balances out. Legal document websites like RealDealDocs.com make such monitoring possible as they offer execution copies of the construction loan agreements for the nation’s top corporations as well as small companies.

RealDealDocs.com is a division of Practice Technologies, Inc. the creators of SmartRules.com.
SmartRules provides step by step guides to local rules and civil procedure for state courts & federal courts throughout the country.

Popularity: 8% [?]

The Dulles Corridor Metro Rail Project was given the green light in early March paving way for bidding on the constuction agency agreement. It is no doubt a desireable constuction agency agreement as the project has been allotted $900 million dollars and provides much needed construction jobs.

The metro rail addition is set to extend the line through Tysons Corner to Dulles and construction is set to begin any day now. In January 2008, it was announced that there would be no public funding for the extension, but weeks ago the money was indeed assigned.

The construction agency agreement for this project will be quite a prize as the number of construction agency agreements has severely lessened in the previous months. What few construction agency agreements that have been filed can be found on the online legal document resource RealDealDocs.com website.

RealDealDocs.com is a division of Practice Technologies, Inc. the creators of SmartRules.com.
SmartRules provides step by step guides to local rules and civil procedure for state courts & federal courts throughout the country.

Popularity: 7% [?]

For over 120 years, Hearst has been the name of newspapers in America. Last Tuesday, a transition services agreement took effect that marked the end of Hearst Corporation’s Seattle Post-Intelligencer - the oldest daily newspaper in the city.

The transition services agreement with the Seattle Times Company stated terms under which the Seattle Times will offer business services to the Hearst Corporation whilst it navigates the first 30 days of its all digital circulation.

The Hearst - Seattle Times transition services agreement is still under high confidentiality and no party will divulge the exact services the Seattle Times Company will render to the Seattle Post-Intelligencer. Though typical transition services agreements can be found on the legal document resource RealDealDocs.com website.

RealDealDocs.com is a division of Practice Technologies, Inc. the creators of SmartRules.com. SmartRules provides step by step guides to local rules and civil procedure for state courts & federal courts throughout the country.

Popularity: 4% [?]

The Split Dollar Agreement for Mountain 1st Bank & Trust Company was made available today by online legal document provider RealDealDocs.com.

The Mountain 1st Bank & Trust Company split dollar agreement with an executive employee was recently amended to restate the division of the death proceeds of a life insurance policy through Midland National Life Insurance Company, on the executive’s life, to be effective until such time as the executive’s employment with Mountain 1st Bank & Trust is terminated.Another split dollar agreement was amended involving a number of notable life insurance companies and an executive from Nevada Security Bank. Both of these split dollar agreements are available in their entirety on the RealDealDocs.com website.

A split dollar agreement is a legal document under which two parties can split the benefits and costs of a specified transaction.

RealDealDocs.com is the online legal document resource preferred by lawyers, deal professionals and entrepreneurs. The powerful search functionality is easy to use which is just one of the reasons 40 of the top 200 law firms in the world use it.

The contracts, agreements and clauses available at RealDealDocs.com are the actual legal documents used by both the smallest of small capital companies as well as Fortune 500 companies alike.

RealDealDocs.com helps to cut drafting time in half and provides unprecedented insight into the deal structures of the world’s largest companies. The legal documents may be searched for by category, law firm, parties involved or by the state of the governing law. Visitors can search the extensive RealDealDocs.com database absolutely free and members of the site may also download, copy, edit and print unlimited legal documents for their own personal or business use. Visit RealDealDocs.com for more information, membership options, and free legal document searches.

RealDealDocs.com is a division of Practice Technologies, Inc. the creators of SmartRules.com. SmartRules provides step by step guides to local rules and civil procedure for state courts & federal courts throughout the country.

Popularity: 4% [?]

The employee bonus policy that allowed $165 million in bailout funds to be doled out to AIG executives posed a legal quandry for the Obama Administration. The AIG employee bonus policies were indeed legall binding agreements and thus could not be taken away from the corporate executives.

In answer to the demands of government and taxpayer alike who were outraged at this prosectof employee bonus policy that could not be stopped, the Democratic-led House proposed and recently passed a vote to implement high taxes on those who benefited from the AIG employee bonus policy.

The Associated Press explains that the, “bill would impose a 90 percent tax on bonuses given to employees with family incomes above $250,000 at American International Group and other companies that have received at least $5 billion in government bailout money.”

It would appear under this taxation that the remainder of funds from the employee bonus policy will then be taken by local and state governments, thereby nullifying all of the bonus pay.

To read over what is pertained in a typical employee bonus policy and see why and how it is a legally binding contract, visit a legal document resource, like the RealDealDocs.com webiste, where actual execution copies of top corporations are available.

RealDealDocs.com is a division of Practice Technologies, Inc. the creators of SmartRules.com.
SmartRules provides step by step guides to local rules and civil procedure for state courts & federal courts throughout the country.

Popularity: 6% [?]