Business Contracts and Agreements
Any type of value-added business development activity usually involves contracts and agreements of various kinds. Too often value-added groups either don’t formalize a relationship with another party with a contract or agreement or use a contract provided by the other party which they don’t bother to read and understand. Both of these approaches are dangerous.
If nothing else, an agreement will force the parties to think through the issues involved in a relationship. Further, a written agreement will memorialize the decisions reached relative to these issues. Without written proof, parties either forget the provisions of an agreement or just remember the provisions favorable to their situation. More important, contracts and agreements can provide important legal protection for the parties involved.
Below are several contracts typically used by value-added groups. An overview of the contracts is provided to help you understand the issues involved. Next, a sample contract form is provided that you can use to tailor the agreement to your specific situation.
Overview of Consulting Agreement
Sample Consulting Agreement
Overview of Confidentiality Agreement
Sample One-Sided Confidentiality Agreement
Sample Mutual Confidentiality Agreement
Overview of Letter of Intent
Sample Letter of Intent
Overview of Uniform Marketing Agreements
Sample Uniform Marketing Agreement
For more information on this topic, see the links listed below of articles posted on related Web sites.
Preparing Contracts and Agreements
Understanding Specific Contracts
- Understanding Confidentiality Agreements - Journal JOM -- Confidentiality agreements are contracts entered into by two or more parties in which some or all of the parties agree that certain types of information that pass from one party to the other or that are created by one of the parties will remain confidential.
- Non-disclosure Agreements - NOLO Law for All – Learn about the best way for a business to protect its trade secrets.
Revised September, 2019.