An equipment agreement is a legally binding document that outlines the terms and conditions of the rental or lease of equipment, such as machinery or vehicles. It is important to …
Under the Companies Act 2006, there are two types of resolutions that the members(shareholders) can use to make decisions: ordinary resolutions and special resolutions. Ordinary resolutions are passed by a …
An Incorporation Agreement is a legally binding document that outlines the terms and conditions of a company’s incorporation, including the rights and responsibilities of its shareholders and directors. It is …
The Companies (Model Articles) Regulations 2008 set out the default provisions that apply to a company’s articles of association if the company has not adopted its own bespoke articles. These …
Risk In the case of having an agent, the commercial risk remains with the principal, although the agent could have the power to enter into binding agreements …
Intellectual Property rights are the rights responsible for preventing others from enjoying your intangible property. Those rights include: Patent; Trade Marks; Copyright; Registered design; and Unregistered design. In the UK, …
A franchise agreement is a legal contract between a Franchisor (the parent company) and a Franchisee (the individual or entity purchasing the rights to operate the franchise). …
Embarking on the journey of establishing a new business can be exhilarating yet simultaneously daunting, as various aspects such as fundraising, strategic planning, operations, and financial management come …
Shares are units of ownership in any company—the most common two types of shares, ordinary and preference. Ordinary shares allow the holder to vote at annual general meetings. In contrast, …
A non-compete agreement (NCA) is a contract between an employee and employer. It prohibits the employee from working in a similar role for a competitor in a …
