An agreement is a promise or arrangement between two or more parties to do, or omit to do, something. It’s usually informal and maybe written or oral. Agreement is considered to be made when two or more persons having common intention make an offer while the others provide acceptance to such offer. An agreement can […]
STEP 1: Search for the availability of your business name on https://mycpa.cpa.state.tx.us/coa/ The name must be unique and include an indicator such as “Limited Liability Company” or “LLC.” STEP 2: appoint a Texas registered agent—an individual or business authorized to accept legal and state mail on behalf of your LLC. Texas requires all LLCs to […]
Disclaimer is a legal document that is published on the website and it provides information about the warranties that the website offers to the users, the limitation on liability of the website and a clause stating that under which circumstances shall the website disclaim all warranties given by it to its users. When is a […]
What is a Consultancy Agreement? A Consultancy Agreement is an agreement between two individuals or Companies wherein one party acts as a Consultant and the other as the Client. This Agreement basically lays down the details in regard to the services that shall be provided by the Consultant, term or duration for which such services […]
What is a Collaboration Agreement? A Collaboration Agreement is an agreement between two or more individuals who collaborate or work together to develop a particular project. This Agreement lays down a detailed description about the relationship of the collaborators, their roles and obligations in regard to the development of the project, ownership of the Intellectual […]
An Agency Agreement is an agreement between the Agent (the person who acts on behalf of another person or group) and the Principal (the person or group for whom the Agent is acting upon). This Agreement basically lists down all the details in regard to the rights and obligations of both the parties, the works […]
What is a Shareholder’s Agreement? A shareholders’ agreement is a contract between the shareholders of a company and the company A shareholders’ agreement mentions the shareholders’ rights and obligations, regulates the ownership of shares, privileges, the management of the company, voting and various other insulative provisions for shareholders. It is a known fact that the […]
When surfing the internet and hovering over various websites and applications you must have come across the terms and conditions sometimes indicated as “Terms of Service” (ToS), “Terms of Use”, EULA (“End-User License Agreement”), “General Conditions” etc. It is a legal document or an agreement which creates a relationship between the service provider or the […]
What Is an Operating Agreement and Why Does Your LLC Need One? If you’re starting a limited liability company (LLC), one of the most important legal documents you’ll need to create is an operating agreement. This document outlines the ownership structure, management procedures, and other important details of your LLC. In this blog post, we’ll […]