Public-private partnerships
Definition A public-private partnership is a binding legal agreement between public and private sector entities where the government will pay a private sector entity to perform a service. Essential Characteristics A public-private partnership will significantly vary depending on the type of service being sought by a public entity. Nonetheless, public-private partnerships have the following principal […]
Contracts for the sale of land
Definition A Contract for Sale is one of the central documents in the home sale process. It outlines the terms and conditions between the seller and purchaser. Before you or any agent markets your property, a ‘Contract for Sale’ must be made available to prospective buyers. Not having one is an offence under NSW law […]
Franchise agreements
Definition A franchise agreement is a binding legal document that grants the franchisee the right to operate a business associated with the franchiser’s trademark. Franchise agreements intend to protect the intellectual property of the franchisor. Essential Characteristics A franchise agreement should consider the following:
Joint venture agreements
Definition A joint venture agreement is a binding contract between two parties that agree to share capital and resources to undertake a business project. Usually, these ventures will not involve the creation of a new legal entity unless the parties decide to file for one. Joint ventures are non-transferable, that is, possession of a joint […]
Distribution and supply agreements
Definition Supply and distribution agreements are similar arrangements with slight differences. A supply agreement is a binding legal contract between parties that agree to buy and sell quantities of goods over a specific period of time. On the other hand, a distribution agreement is one between the manufacturer and a supplier to distribute or sell […]
Contracts for the sale of business
Definition A contract for the sale of a business is a binding legal agreement that will transfer ownership of a company to another party. These transactions usually encompass a wide range of assets such as intellectual property rights, real property interests, licences and contracts with suppliers, all of which add to the notorious complexity of […]
Shareholders agreements
Definition A shareholder agreement is a binding contract between shareholders or owners of a company. A shareholder agreement will govern the relationship between shareholders and delineate control, ownership, management, shareholder rights and exits. Essential Characteristics Shareholder agreements should detail the following:
Intellectual property and confidentiality agreements
Definition A non-disclosure agreement or NDA is an agreement that prevents a party or all parties from publicly revealing confidential information or data. NDAs legally bind all signatory parties not to disclose the information except as permitted by the NDA. Essential Characteristics NDAs are central to businesses whose goal is to protect information and trade […]
Licensing and agency agreements
Definition A licensing agreement allows another party to use the brand, patent or trademark owned by another party. The agreement between the property owner, known as the licensor, and the permitted party, known as the licensee, will contain terms detailing the licensor’s type of licensing agreement, usage, and compensation. These contracts will vary depending on […]
Agreements for the sale or supply of goods and/or services
Definition As the name suggests, a supply agreement for the sale of goods/services determines the rights and obligations of a supplier and purchaser when the former provides goods/services to the latter. Essential Characteristics When drafting agreements for the sale or supply of goods and/or services, considering the following terms is nothing short of essential: