the bridge to agreement


 

By: J. Norman Stark, ATTORNEY, ARCHITECT EMERITUS (OH) A.I.A., N.C.A.R.B.

Every successful business enterprise requires creative, energetic, involved management.  Similarly, such management also requires direction of its key personnel, implemented and using carefully prepared management agreements.  And, while business management agree-ments may vary between industries and businesses, the basic principles apply,   These provide a framework for individual requirements specific to each business entity.  Some of the basic provisions essential to each agreement should include:

  • IDENTIFICATION: PERSONS, PARTIES, ENTITY, HOME OFFICE ADDRESS
  • DEFINITIONS, TABLE OF ORGANIZATION, GEOGRAPHIC LOCATION(S)
  • APPOINTMENTS, AUTHORITY, PARTICIPATION, EFFECTIVE DATE(S)
  • BOARD OF DIRECTORS
  • SHAREHOLDERS, MEETINGS, DIVIDENDS
  • SERVICES, SIC CODE(S)
  • MANAGEMENT / EMPLOYEE MANUAL, RULES, REGULATIONS, STANDARDS
  • GENERAL CONDITIONS
  • COMPENSATION, PAYMENTS
  • INDEMNITY, DAMAGES
  • LIMITATIONS, CONSEQUENTIAL DAMAGES
  • CONFIDENTIALITY, NON-COMPETE AGREEMENT(S)
  • TERM, TERMINATION, “FOR CAUSE”, “FOR CONVENIENCE”
  • DEFAULT, DAMAGES
  • FORCE MAJEURE
  • NOTICES
  • MISCELLANEOUS
  • GOVERNING LAW(S), ARBITRATION, MEDIATION, LITIGATION

 

Experienced Business Counsel will guide each business owner and manager in preparing and executing the specific documents tailored to each business.  These are essential in supporting prudent practices, both in the present and in the challenges of future business.

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“WHERE EXPERIENCE COUNTS, COUNT ON MY EXPERIENCE”

J. NORMAN STARK, ATTORNEY

ARCHITECT EMERITUS (Ohio) A.I.A., N.C.A.R.B.

1109 Carnegie Avenue    Cleveland, Ohio 44115-2805

(216) 531-5310 x7100