The Legal Wordsmith for Businesses, Individuals, and Professionals

*Let’s Do Business Contracts*
At Contract Solutions, we craft contracts with care and clarity to ensure their effectiveness. Contract Solutions is committed to helping you with “Let’s Do Business” contracts. Once we understand your objectives in drafting, negotiating or signing a contract, we strive to provide you with a precise and personalized contract that protects your business interests and appropriately reflects your business relationships.
- Confidentiality (NDA)
- Service Agreements
- LLC Operating Agreements
- Patent License Agreements
- Sample List
- Employment Agreements
A confidentiality agreement is often the first binding contract entered into between businesses. You may know it as an NDA, Non-Disclosure Agreement, or CDA. However named, its general purposes are:
- safeguard trade secrets, confidential information and property from unauthorized disclosure, from misuse and from misappropriation; and
- provide adequate remedies if a party suffers damages as a result of a prohibited disclosure or use of its trade secrets, information or property.
When recurring services are not anticipated, a single Service Agreement would combine applicable provisions of a Master Services Agreement with a Work Order section or attachment.
MASTER SERVICES AGREEMENTS
A Master Services Agreement (or MSA) serves to create standard terms between parties when recurring services by the Service Provider party for the Service Recipient party are anticipated.
An MSA might typically address obvious matters like: worker qualifications, quality expectations, termination of services, termination of the agreement, reporting, invoicing schedules and payment terms.
Other potentially important concerns include: solicitation of customers or employees, intellectual property rights, confidentiality, use of materials, representations, warranties, insurance, indemnification, liability limitations, remedies and damages.
The MSA provides for multiple intermittent Statements of Work (SOW’s, Work Orders, or similarly purposed documents) that identify particular services, deliverables, time frames, personnel involved, pricing and other matters applicable to that individual SOW.
The MSA/SOW framework is used by small businesses (a business consultant for example) and much larger companies (major software development companies and major R&D companies, as examples).
Limited Liability Companies have the ability to operate with fewer formalities than corporations. Members (owners) of Limited Liability Companies are shielded from legal responsibility for the financial obligations of the company and of other members PROVIDED THAT they maintain and operate the company as a separate entity.
A simple Single Member LLC Operating Agreement identifies the primary business of the company and sets forth operating rules for forming, maintaining, and operating the company as a separate entity.
Multi-member Limited Liability Company Operating Agreements are necessarily substantially more complex. Their development is time consuming and expensive. Among other issues, multi-member agreements routinely address capitalization and contribution requirements, classes of membership, voting rules, management style (by members, by managers, or hybrid), taxation, member roles and obligations, member rights, transfers of member interests, termination and dissolution, and the sale of the business to name a few.
At a minimum, operating as a separate entity means obtaining a tax identification number for the company, opening and maintaining a bank account in the name of the company, adequately capitalizing the business, and always keeping company funds separate from personal funds.
Contract Solutions provides LLC entity formation services. See more about the benefits of the LLC entity type in our Legal Services Section.
Contract Solutions is the Legal Wordsmith you can count on to help you construct the patent licensing agreement that will best protect your interests.
Contracts Mean Business
Contracts are an integral and absolutely necessary part of running a business. Contract Solutions has practical, hands on experience drafting, interpreting, explaining, and negotiating business critical contracts for:
Business Purchase and Sales Business Separation Cloud Computing Services Codes of Ethics Confidentiality Consulting Corporate By-Laws Customer Sales and Service Distributor
Employee Confidentiality and Inventions Employee Policy Manuals Employment Employment Offer Letter Employment Separation/Severance Health Care Business Associate (BAA) Incentive Plans Independent Contractor Intellectual Property Licensing Invention Assignment Joint Venture Leases (Real Estate/ Business Equipment) Letter of Intent Liability Releases LLC Operating Agreements Managed Services Master Services Agreements Non-Competition Non-Disclosure / Confidentiality (NDA/CDA) Non-Profit Bylaws Non-Solicitation Notes and Payment Partner Buy-Sell Agreements Partnership Patent Licensing Postnuptial Agreements Power of Attorney Prenuptial Agreements Purchase & Sale (Business / Property) Release of Claims Research and Development SAAS Agreements Sales Agency / Sales Representative Sales Compensation Software Development Software Licensing Stock Purchase Stock Restrictions Subscription Services Temporary Labor Term Sheet Vendor Agreements Website Terms of Use
Always understand what you are signing. Contracts create private law that is enforceable by the courts.
It is wise to have some form of employment agreement with all of your employees. In some cases that may be as simple as an offer to pay a person a certain hourly rate for a performing certain tasks; and that person’s acceptance of that offer expressing a willingness to perform the requested tasks.
In many cases however, you will want an employment agreement that does much more:
Protect your interests in your property,
keep confidential your trade secrets and other confidential information,
ATTORNEY ADVERTISING: The Contract Solutions website provides general information only. Nothing on this site constitutes a legal opinion related to any facts or circumstances. Nothing on this site is intended to be legal advice, and nothing should be interpreted as legal advice.
Neither the information presented on this site, nor the use of any content accessible by way of this site, forms a Lawyer-Client relationship.