Tag Archives | Contracts

What is Indemnification?

Our clients often ask, “What is indemnification?” An indemnification provision is one of the most common and frequently used provisions when negotiating any type of contract, and yet the parties to a contract often don’t understand the meaning. Indemnity is defined by Black’s Law Dictionary as “a duty to make good any loss, damage, or […]

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How do I keep former employees from competing against me?

How do I keep former employees from competing against me? After investing the time and money that it takes to launch a new, successful business, it is not surprising that many companies seek to protect their confidential information and general know-how. By signing a simple non-competition agreement (or “non-compete”) with employees or contractors, a company […]

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Leasing your Commercial Space

As a landlord, what should I consider when leasing my commercial space? The flexibility that a commercial landlord and tenant have in structuring their lease allows the parties to develop a lease that closely matches their intentions. This is often to the commercial landlord’s advantage, since many landlords have a superior bargaining position in lease […]

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