Posts Categorized: Small Business Ideas

(5) For the purposes of determining whether an enterprise agreement as proposed to be varied passes the better off overall test, the FWC must disregard any individual flexibility arrangement that has been agreed to by an award covered employee and his or her employer under the flexibility term in the agreement. Information about common errors made across enterprise agreements. This … Continue reading →

6. A principal should not have the unilateral right to change commissions, territory and term While there may be times it is appropriate to consider making changes to a sales rep agreement, such changes should be negotiated and agreed to in advance in writing. An agreement that enables the principal to unilaterally amend its material terms is hardly a negotiated … Continue reading →

A number of states have passed legislation geared towards prohibiting the enforcement of non-disclosure provisions in settlement agreements that resolve allegations of sexual harassment, other forms of harassment, or discrimination. These states have taken different approaches towards the issue. Finally, the County tried to point to the former employee’s own disclosure of the facts and the settlement agreement to her … Continue reading →

Our LLC operating agreement is not only free but also painstakingly written in a language that you can actually understand. Theres no reason for 30 pages of dense legalese. Or paragraphs rehashing information already in state statutes. The laws of your state remain the same no matter what you write in your operating agreement. While major provisions of LLC operating … Continue reading →

Conversion will be deemed to have been effected as of the opening of business on the day on which the closing with respect to the IPO is held, and such date is referred to herein as the IPO Conversion Date. On the IPO Conversion Date, INTELLECTUAL PROPERTY SELLER shall be entitled to receive that number of shares of Common Stock … Continue reading →

There is no one size fits all SDEA, though usually they are similar. Actually this is the rub. For large companies each agreement may represent a one off where there are small but real differences amongst the agreements. For example, you may have to send source documents to company A by day 3 and CIOMS I by day 8; for … Continue reading →

The stamp duty chargeable may extend up to two rupees for every thousand rupees of the monetary value stated in the Agreement. An agreement in the nature of a BTA squarely falls under Article 5(h)(A) of the BS Act. Despite the generic nature of the description in Article 5(h)(A), the BS Act has retained a residuary provision under Article 5(h)(B) … Continue reading →

If you are an undergraduate graduating in the fall, we are required by federal regulation to prorate your Stafford loans to reflect the number of hours you are taking in the fall. If you are less than full-time (fewer than 12 hours) this could result in a decreased amount of Stafford loan eligibility. If you have questions regarding this, please … Continue reading →

Listing means an admission of the securities to dealings on a recognized stock exchange[1]. Separate Listing Department grants approval for listing of securities of Companies by the provisions of the Securities Contracts (Regulation) Act, 1956, Securities Contracts (Regulation) Rules, 1957, Companies Act, 2013, Guidelines issued by SEBI and Rules, Bye-laws and Regulations of the Exchange. Companies enter into a Listing … Continue reading →

Together with the schedule, the master agreement sets forth all of the general terms and conditions necessary to properly allocate the risks of the transactions between the parties but does not contain any commercial terms specific to a particular transaction. Once the master agreement is executed, the parties can enter into numerous transactions by agreeing to the material commercial terms … Continue reading →