Nonsolicitation and Noncompete Agreements (with 5 examples)

A nonsolicitation agreement is a contract which requires that an employee agrees not to solicit an employer’s customers or clients for his or her own benefit or for the benefit of a competitor after departing from the company for any reason. A similar yet distinct agreement is a noncompete agreement which prohibits an employee from … Read more

Merger Agreements Explained (with 5 examples)

A merger agreement is a document that defines and solidifies the joining together of two companies to become once. Although related, mergers are usually distinct from acquisitions wherein one company buys another company. Key details covered in merger agreements include the plan of the merger, the closing/transaction date, cooperation after closing, organization and corporate power, … Read more

Land Purchase Agreements Explained (with 4 examples)

Land purchase agreements, which are also known as land contracts, land installment contracts, contract deeds, agreement for deeds, or installment sale agreements, are a type of financing for sellers of land.