Contract disputes can be time consuming and complex. It is important to seek an attorney who has the experience and knowledge to lead you through the complex maze of contract litigation. Contact our firm today to schedule a case evaluation.
Indianapolis, Indiana, Contract Law Attorneys
As your business grows and the complexity and importance of the contracts entered into increases, it is vitally important to protect against inaccuracies and loopholes that may give rise to confusion, unenforceability or potential breach of contract claims.
Your business interests will best be served by obtaining experienced legal counsel in the negotiating, drafting and review of important business and employment contracts. The Indiana law firm of Dale & Eke has substantial experience in contract matters, including the litigation of disputes regarding fulfillment, performance or terms.
We invite you to consult a lawyer at the Indianapolis offices of Dale & Eke to discuss your current or future contract law needs. Contact us today to schedule an appointment.
Thank you for contacting Dale & Eke. Your message has been sent.
Call us now
or use the form below.
Contracts form the basis of every important business transaction. It is vitally important that a contract be written in such a way as to be unambiguous and to provide thorough protection to the parties involved. In today's litigious society, thorough contract research and preparation can be a vital part of limiting the risk of potentially costly and time-consuming litigation.
The Indianapolis law firm of Dale & Eke has been protecting the rights of individual and business clients in contract matters in Indiana since 1978. Our attorneys provide a high degree of focused personal attention and experienced legal guidance in a broad array of contract law matters, from initial drafting and review to the litigation of contract disputes.
Common Business Contracts
As a business owner it is important to have a basic understanding of common business contracts. In this article you will find information regarding contracts commonly used when forming or expanding a business. To learn more about contracts specific to your business needs, contact an attorney from Dale & Eke in Indianapolis, Indiana, today.
Shareholder Agreements
Shareholders are the owners of a company and as such, they must put into writing the details of their powers, abilities, rights and procedures. Often called a buy-sell agreement or a stock-transfer agreement, a shareholder agreement not only binds the shareholders to company rules, but also provides an outline of many crucial elements of a company’s structure:
- A shareholder agreement may detail how many shares can be bought or sold at any given time.
- A shareholder agreement may provide instruction regarding the sale of a holder’s shares to a third party.
- A shareholder agreement may set out the steps to take when a shareholder dies or becomes incapacitated.
- A shareholder agreement may define who is eligible to sit on the board of directors of a company.
- A shareholder agreement may state whether shareholder disputes will be handled via litigation or through an alternate method such as arbitration.
When developing and signing a shareholder agreement you must feel comfortable that the agreement accounts for the multitude of circumstances that can arise over the life of the company. Developing or signing on to an inadequate shareholder agreement can often lead to protracted litigation, extreme financial risk and even tremendous loss. If you have concerns regarding a shareholder agreement, you should seek the advice of experienced legal counsel.
Partnership Agreements
A partnership agreement is a contract between two or more owners of a business. As with a shareholder agreement, a partnership agreement should take into account the multitude of events that can occur during the life of the partnership. A well-written partnership agreement will include items such as the date of the commencement of the partnership, the duration of the partnership, a buyout clause and clause for how matters will be settled when the partnership ceases.
The items listed above are frequently referred to as the articles of partnership. In addition to the articles of partnership, there are often separate articles within a partnership agreement to address rules and policies regarding business practices, annual accounting and reporting, and how the partnership will handle misconduct by any one partner.
Partnership agreements must be unique to the business and its partners. In order to develop a comprehensive partnership agreement it is wise to seek the advice of a lawyer experienced in contract negotiation and business partnerships.
Confidentiality Agreements
In today’s world employers frequently require employees to sign confidentiality agreements. These contracts require employees to keep industry and company knowledge gained through their employment confidential. Confidentiality agreements protect employers by keeping from market competitors valuable inside information. Confidentiality agreements may pertain to products, inventions, ideas or even market strategies.
Conclusion
The business world depends on a series of agreements between entities. Depending upon your type of business, you may utilize any combination of employee-, vendor-, customer- or consumer-focused contracts. In order to develop a detailed plan for the types of contracts your business will require, you should seek the advice of business-contract lawyer. Contact an attorney from Dale & Eke in Indianapolis, Indiana, today to discuss your business and your contract needs.
Copyright ©2009 FindLaw, a Thomson Business
DISCLAIMER: This site and any information contained herein are intended for informational purposes only and should not be construed as legal advice. Seek competent legal counsel for advice on any legal matter.
