Ask a Business Lawyer. Get Business Law Questions Answered ASAP.
I sent the document to you. Please let me know if you didn't receive it or have any questions. Thanks.
Thank you. I will make these changes. Do you have additional comments?Did I cover all the important aspects of the agreements? Is there any language that may need tweeking because it's not clear or inaccurate?
for #9, it's an online beauty store so didn't think geographic location would apply. We'll have two offices, mine in CT and hers in NJ.
there are two types of competitors: direct ones are for the most part small businesses that specilize in organic skincare (what we would do) and large mainstream skincare companies.
We'll be selling to individuals as a start and perhaps to spas and salons later.
I understand that I won't be able to fire her. However, would I be able to buy her share of the company if she agrees (I tried to include that language in the agreement under Withdrawal)?
the intent is if our partnership doesn't work out I can ask her to leave and sell her share back to me. This is the intent of this language but not sure if there is another way to say this.
great. I will include this language. Thanks. Do you see any other issues/concerns in the agreement? Does the rest look ok?