What are Corporate Agreements?
Corporate agreements are an integral part of your company documentation. They are legally binding contracts that summarize strategic arrangements between your company and other parties and agents such as suppliers and partners.
Corporate agreements outline the terms and conditions, specify responsibilities and resources and protect party interests.
Key corporate agreements include:
- Partnership Agreement: A contract between two, or more business partners defining the terms and conditions of the partnership, including revenue sharing, contributions, and responsibilities
- Joint Ventures Agreement: A contract between two, or more companies that agree to share their resources to accomplish a specific project, or other business activity
- Stock Purchase Agreement: A contract that grants right to purchase a company’s stock, outlining pre- emptive, stock repurchase, first refusal, warrants, and call options rights of all parties
- Joint Development Agreement: A contract between two, or more companies defining terms to jointly promote and/ or develop a product or service