What is an Employee Confidentiality Agreement?

An Employee Confidentiality Agreement is a contract that requires an employee not to divulge specific knowledge that they may acquire while working for an employer or client.  This may include trade secrets, an employer’s customers, finances, or any other information uniquely pertaining to the employer.  This agreement also often specifies that an employee may not create unauthorized copies of business-related information,… Read More »

What is an Employment Offer Letter?

An Employment Offer Letter is used when a company wishes to extend a job offer to a potential employee in a more relaxed and congratulatory manner, rather than the more traditional adversarial approach.   The letter may still include many pertinent aspects of the job, such as salary, duties, benefits, etc., as an Employment Agreement would.  The true difference… Read More »

What are Sales Representative & Distribution Agreements?

Sales Representative & Distribution Agreements are a group of agreements pertaining to either sales or distribution between companies.  They are often made use of by businesses with the desire to establish sales representative or distribution alliances.  Examples of such agreements include exclusive and non-exclusive distribution or sales agreements.    Contracts in this category serve to strengthen strategic ties… Read More »

What is a Non-Compete After the Sale of Business Agreement?

A Non-Compete After the Sale of Business Agreement, more commonly known as a “Non-Compete Agreement” is a contract that restricts the party signing the contract against operating a similar business, or sometimes from working within the same field as the party presenting the agreement.  Restrictions often apply for a specified period of time, or within a given geographic… Read More »

What is a Name Change Kit?

A Name Change Kit, which vary by state, contains all required forms, petitions and instructions to assist in legally changing your name.  Whether for marriage, divorce, adoption, or simply the desire to have a new name, a Name Change Kit simplifies the process by presenting you with all that you need to easily and legally change your name… Read More »

What is a Stock Purchase Agreement?

A Stock Purchase Agreement is an agreement stating that the owner of shares of a stock (the “Seller”) consents to sell their stock to a buyer (the “Purchaser”).  This form is normally used for the stock of smaller corporations that may not be publicly listed on an exchange.  A Stock Purchase Agreement often benefits both the buyer and… Read More »

What is a Termination Letter?

A Termination Letter is a written, formal statement from employer to employee terminating further employment.  The letter should include plenty of evidence supporting the case for dismissal, as there could be legal consequences for the employer if written incorrectly.  It also includes the dates of employment of the employee being terminated, and the nature of their work.

What is a UCC1 Financing Statement?

A UCC1 Financing Statement (Uniform Commercial Code-1) is a legal form that creditors file when giving notice that they have an interest (“security interest”) in the personal property of a delinquent debtor.  This form is filed in order to “perfect” a creditor’s “security interest” by giving public notice that there is a desire to take possession of certain… Read More »