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?
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).