Showing 157–168 of 225 resultsSorted by price: high to low
This Skill Bit talks about Gentlemen’s agreements, which are informal, non-binding arrangements that rely on trust. They lack legal enforceability, clarity, and protection. Misunderstandings, non-compliance, and lack of documentation are common pitfalls. Formalizing agreements in writing is highly recommended. Duration approx. 4 Min. Tier: basics
This Skill Bit talks about gentlemen’s agreements, which are informal, non-binding understandings based on trust and honor. They lack legal enforceability and are often used for flexibility. While relying on integrity, they can be risky without legal protections. Gentlemen’s agreements are informal, non-binding understandings based on trust. While not legally enforceable, they can include elements…
This Skill Bit talks about how MOUs can be problematic due to lack of enforceability, ambiguity, missing details, misuse as a final agreement, confidentiality concerns, absent termination clauses, and unspecified governing law. Careful drafting and legal advice are crucial to avoid these pitfalls. Duration approx. 4 Min. Tier: basics
This Skill Bit talks about MOUs, which outline preliminary agreements between parties, establishing purpose, goals, terms, conditions precedent, duration, and the non-binding nature of the document. They serve as a foundation for future formal agreements. An MOU outlines a preliminary agreement between parties for potential collaboration. Key clauses include purpose, parties involved, scope of work,…
This Skill Bit talks about joint venture agreements, which should avoid misaligned goals, inadequate contributions, unclear decision-making, ambiguous profit-sharing, lack of dispute resolution, insufficient exit strategies, absence of confidentiality/non-compete provisions, and legal non-compliance. Legal and financial professionals should be consulted. Duration approx. 5 Min. Tier: basics
This Skill Bit talks about joint venture agreements, which outline the purpose, contributions, profit/loss sharing, governance, confidentiality, dispute resolution, and termination for collaborative ventures. They protect the interests of all parties involved. Joint venture agreements define the venture’s purpose, contributions, profit-sharing, decision-making, management, confidentiality, term, dispute resolution, intellectual property, and financial obligations. They protect the…
This Skill Bit talks about licensing agreements, which should have clear licensed rights, intellectual property protection, payment terms, sublicensing/assignment provisions, quality control, termination/breach clauses, provisions for updates/modifications, and dispute resolution mechanisms. Legal counsel is recommended. Duration approx. 5 Min. Tier: basics
This Skill Bit talks about licensing agreements, which must grant permission to use intellectual property in exchange for compensation. They define license type, payment terms, quality control, duration, termination, intellectual property protection, and dispute resolution. They protect both licensor and licensee interests. Licensing agreements define license scope, permitted use, duration, payment, quality control, intellectual property…
This Skill Bit talks about service agreements, which include a scope of work, payment terms, confidentiality, intellectual property rights, term and termination, liability, governing law, insurance, amendments, and termination consequences. They protect both parties’ interests and ensure clear service expectations. Service agreements should have clear scope, payment terms, performance metrics, intellectual property protection, liability/indemnification provisions,…
This Skill Bit talks about service agreements, that outline services provided, timelines, payment terms, warranties, intellectual property, confidentiality, and dispute resolution. They ensure clear expectations and protect both parties’ interests. Duration approx. 5 Min. Tier: basics
This Skill Bit talks about non-compete agreements which must be reasonable in scope, duration, and geographic area. They require consideration, clear language, protection of legitimate business interests, and compliance with antitrust laws. Adaptability to changing circumstances is crucial. Legal counsel is recommended. Duration approx. 4 Min. Tier: basics
This Skill Bit talks about non-compete agreements, which restrict an individual’s competitive activities after leaving a job or partnership. They include restricted activities, duration, geographic scope, consideration, and vary in enforceability based on jurisdiction. They protect businesses’ interests and intellectual property. Non-compete agreements restrict competitive activities after employment or partnership. They include restricted activities, duration,…
