Set of 27 MUST HAVE Business Contract Templates to start your business
The operating agreement for a limited liability company is a private agreement between the members/owners of the LLC, and it details ownership, rights, and responsibilities of the LLC members. It provides members a detailed framework for various business and functional scenarios that may arise.
A non-compete agreement is a contract between an employee and employer that restricts the employee's ability to engage in business which competes with his/her current employer.
An NDA is a legally binding contract in which a person or business promises to treat specific information as a trade secret and not disclose it to others.
An independent contractor agreement details the working relationship between a business and a consultant. It’s important for an employer to detail the relationship in order to avoid a costly dispute down the road.
TIP: The repercussions for incorrectly classifying a worker as an independent contractor are numerous and substantial.
An employment agreement is a binding contract between an employer and employee. It’s helpful to use this agreement if you are hiring a new employee and want to specify rights and obligations like salary, benefits, and hours.
An offer letter is a step closer to working for a new employer as it lists the basic terms of the employment position offered by a company.
This IP assignment agreement is intended to protect a company's intellectual property rights in works created or developed by an employee or contractor.
A release is a legal document between two parties — the person promising not to sue and the person or company who is potentially liable. This document can cover broad claims that are filed in common dispute cases.
An 83(b) election form is a letter sent to the IRS which informs them that you’d like to be taxed on your equity on the date the equity was granted to you instead of the date it vests.
Terms of service govern the behavior of a user when they use your website. The terms provide your company a framework to restrict or terminate users' access if they violate the contract.
A sales agreement lets both parties know what to expect during the sale of goods or services. It helps parties better understand the details of the agreement, while minimizing the chances of a dispute later on.
A resolution is a declaration from a company's board of directors authorizing company representatives to take certain actions.
A demand letter is a formal notice to a person / company that they owe a sum of money from a past transaction. They are used in business because they serve to avoid expensive litigation.
A letter of intent is used to notify potential partners about your interest in developing a business relationship. A letter of intent outlines the material terms and conditions of the proposed agreement.
A joint venture agreement describes an arrangement between two companies attempting to form a new entity to their mutual benefit. It sets out the rights and obligations for both parties.
An MOU describes an agreement between two or more parties. It often is the first stage in the formation of a formal contract and it lists the expectations between the parties as they work together toward a common objective.
A consulting agreement is between a consultant and a client who wish to retain certain services of the consultant for a specified time and rate.
Meeting minutes keep an official record of what was done or talked about at formal meetings, including any decisions made or actions taken. They are recorded during a formal meeting of the board of directors or shareholders of a corporation, such as annual meetings.
A partnership agreement details the relationship between business partners and their individual obligations and contributions to the partnership.
Cease and desist letters are used by businesses as a way to protect their trademark. It’s advisable to send this type of letter to another business or person who is infringing on your trademark.
A founders agreement forces co-founders to hash out the often difficult and controversial details in the early stages of the company so that the company is primed for success.TIP: The most important provisions are the role and responsibilities of each founder and the vesting schedule.
A service agreement is used between two people or businesses where one agrees to provide a specified service to the other. This agreement should clearly set out the rights and obligations of both parties, along with clear terms of the agreement to prevent potential disputes from arising.
A termination letter is handy for ending an employment relationship, while setting forth the details and reasons for the termination, and specifying the exit procedures. This letter should be clear and concise, and include all relevant information about the arrangement. A well-crafted letter can help protect employers from future lawsuits resulting from the termination.
A Website Linking Agreement sets out terms for a business that permits a licensee to link to its website and display its trademarks on the licensee's website. It is used as a preventative device to avoid later disputes between the websites.
A bill of sale is a contract which transfers ownership of an item from seller to the buyer. A bill of sale occurs after the parties execute the sales agreement and serves as evidence that full consideration has been provided between the parties.