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Founders Agreements: Splitting that Za

So, you have a million - nay - a billion-dollar idea you’re trying to get to market, but you don’t know where to start. For starters, building a strong foundation  might begin by defining the bus...

Overview of Founders’ Agreement

What is this document? The Founders’ Agreement serves as a blueprint for how a business will be run by the founders before the founders officially begin doing business together. It captures the u...

Overview of SAFE

Simple Agreement for Future Equity   What is this document?   The SAFE (Simple Agreement for Future Equity) is an agreement allowing a Company to raise equity from Investor(s). ...

I Disagree With Everything My Co-Founder Wants to Do – How Do I Save My Business?

It's likely that co-founders will develop different visions over time for the business they jointly worked to develop. Sometimes, the divergence can be overcome and the founders will be able to conc...

Blog Bite:What Terms Should Be Negotiated in a Term Sheet?

This article posted to our partner site Mondaq.com details the essential elements of a shareholders' agreement, which will ultimately be the final product of the term sheet. The author discusses t...

Blog Bite: What Is the Aim of a Vesting Provision?

This article posted to our partner site Mondaq.com illustrates the importance of ensuring that vesting provisions do not create a conflict of interest. Vesting provisions can be used by investors ...

Blog Bite: How can investors use drag-along provisions to address their exit expectations?

This article posted to our partner site Mondaq.com discusses the practice of including "drag-along" rights in term sheets. Drag-along rights can be used by investors to compel shareholders subject...

Blog Bite: Are term sheets binding?

This article posted to our partner site Mondaq.com discusses the legal risks associated with letters of intent or term sheets, namely, that they can be found to be a binding agreement between the ...

Blog Bite: When will a term sheet be considered binding?

This article posted to our partner site Mondaq.com discusses a case in which the Court of Queen's Bench of Alberta found that a cover letter and term sheet between the two parties constituted a bi...

Blog Bite: Are representatives or other third parties bound by a non-disclosure agreement?

This article posted to our partner site Mondaq.com reminds readers that third parties (in this case, affiliates or representatives of the receiving party) are not bound by the contract signed by t...

Blog Bite: What implications arise from the definition of “confidential information”?

This article posted to our partner site Mondaq.com highlights the importance of correctly defining "confidential information," as well as following that definition as the organization does busines...

Blog Bite: What should you think about when reading an NDA?

This article posted to our partner site Mondaq.com highlights the main sections of a typical NDA and what parties should think about when reading an NDA. ...

Blog Bite: What happens to confidential information if an NDA is not accomplished, expires or is terminated?

This article posted to our partner site Mondaq.com discusses some ways in which parties can handle confidential information once an NDA is no longer valid. An NDA may require that the receiving pa...

Blog Bite: How do confidentiality agreements protect me from theft of trade secrets, or patents?

The article posted on our partner site Mondaq.com explains the use of Confidentiality Agreements to protect a business from the theft of their trade secrets, as well as their patents. The article ...

Blog Bite: What remedy is reasonably expected from a breach in NDA?

This article posted on our partner site Mondaq.com details the way in which rewards are generally given by judges in a breach of NDA. The main role is to put the plaintiff in the same position, ha...

Blog Bite: Does the confidentiality clause trump the common law settlement privilege?

This article posted on our partner site Mondaq.com deals with the clash between confidentiality versus the common law settlement privilege. The Supreme Court of Quebec ruled that the contract in q...

Blog Bite: What constitutes “terms of the settlement”?

This article posted on our partner site Mondaq.com warns of the dangers that come with each word in a contract. Making mention of a transaction from one party to another is a violation of the term...

Blog Bite: What are the basics of an NDA?

This article posted on our partner site Mondaq.com provides a great foundation as to the basics of an NDA, the clauses within such an agreement, as well as the purpose of them. ...

Blog Bite: When is confidential information protected by the common interest doctrine?

This article posted on our partner site Mondaq.com lists the three element test used to examine if confidential information is protected under the common interest doctrine. Three instances we're r...

Blog Bite: What is an NDA? How is it used and what does it do?

This article posted on our partner site Mondaq.com reveals the functions of an NDA agreement, what terms can be negotiated through this contract, as well as the reliability of this agreement. ...

Blog Bite: How Can I Protect Trade Secrets?

This article posted to our partner site Mondaq.com is all about the NDA and covers all the general information about NDAs; including what it is, why use it, when to use it, and how you use it. ...

Blog Bite: Why do you need a Confidentiality Agreement?

This article posted to our partner site Mondaq.com discusses in detail why you should use a confidentiality agreement. ...

Blog Bite: What is a Confidentiality agreement?

This article posted to our partner site Mondaq.com discusses in detail the utility and usage of NDA agreements. ...

Blog Bite: As an employee, when can you disregard an NDA?

This article posted to our partner site Mondaq.com discusses how, within the context of whistleblowing, an employer's confidentiality agreement with an employee might be unenforceable. It mentions...

Blog Bite: What information should be put on a confidentiality agreement?

This article posted to our partner site Mondaq.com discusses the Scott & Associates Engineering Ltd. v. Finavera Renewables Inc. In the article they highlight the importance of not only statin...
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