Business Contracts and Agreements

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Contracts and agreements are a fundamental part of doing anything in business. A faulty agreement or no agreement puts your business and interests at significant legal risk - we can help.

Contracts and Agreements define each party's rights and responsibilities, but also provide clarity on how to resolve any disputes that may arise - ensuring everyone understands their duties while building trust between them.

Ultimately, contracts help businesses form strong partnerships over time by securing long-term relationships with clear expectations outlined from day one.
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‍- Shareholder Agreements
- Partnership Agreements
- Licensing Agreement
- Employment Agreements
- Contractor Agreements
- Share Vesting Agreements
- Bare Trust Agreements
- Employee Stock Option Plan

Our team can review your current agreements or draft ironclad agreements and contracts for you and everyone you do business with to provide you with the confidence and clarity to operate your business.

Helpful Resources

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Owner, Lux

I had the privilege of working with Kiyan, an extraordinary lawyer who went above and beyond to be more than just a lawyer to me. A few years ago, he assisted me with my immigration case, and more recently, he provided invaluable support during my property purchase. He is friendly, reliable, and took care of a last-minute issue that arose during my real estate transaction, promptly resolving it even over the weekend. Their dedication and personal touch set them apart.

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Designer

Fulcrum Law is particularly suitable for tech startups, handling everything from incorporation to core agreements and contracts. They are experienced in litigation. The team offers excellent support, making time for both simple and complex questions, which is invaluable for entrepreneurs. Unlike larger firms, they provide support and have helped me navigate novel challenges. I give them an A+ rating. Special mention to Kiyan, an exceptional lawyer who delivers great value.

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Questions

These are common questions we often get from our clients who are seeking advice on contracts and agreements.

Shareholder agreements are designed to protect the interests of each shareholder by establishing a set of legally binding rules which must be followed. By outlining expectations in areas such as ownership, management and dispute resolution, these contracts help ensure that everyone involved with the company is aware of their rights and responsibilities when it comes to corporate governance.
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To create a shareholder agreement for your business, you will need to follow these steps:
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1. It is essential to gain clarity on the purpose of your shareholder agreement, as well as consider factors such as business size/structure and relevant roles for each stakeholder. Only then can you create a tailored document which works in harmony with all involved parties.

2. Gather all relevant information, including the articles of incorporation, the company bylaws, and any existing agreements or contracts.

3. Ensure that the agreement is legally binding and meets all relevant legal requirements (you should speak to a business lawyer).

4. Crafting an agreement that encompasses the full scope of corporate rights, obligations and regulations will ensure a successful business venture. Craft provisions to cover voting privileges, dividend distributions, share transfers and even dissolution protocols.

5. Review and revise the agreement as necessary to ensure that it accurately reflects the intentions of the shareholders and the needs of the business.

6. Have all shareholders sign the agreement to make it legally binding.
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A shareholder agreement is an essential component of any business. To ensure it reflects the goals and direction of your company in a legally binding way, carefully consider all aspects pertinent to its creation; then seeking counsel from a lawyer specializing in corporate law can help guarantee that regulatory requirements are fulfilled.
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Contact Fulcrum Law in Vancouver, BC today to better understand your situation and get expert guidance on how to best protect your interests.

Some of the key requirements include:
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1. Incorporation: If you are planning to incorporate the business you are acquiring, you will need to follow the process for incorporating a business in Canada, which includes choosing a business name, selecting a business structure, and obtaining any necessary licenses or permits.
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2. Purchase agreement: You will need to enter into a purchase agreement with the seller, outlining the terms of the acquisition and the obligations of both parties.
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3. Due diligence: It is important to conduct due diligence on the business you are considering purchasing to ensure that it is in good financial standing and that there are no hidden liabilities.
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4. Financing: Depending on the size of the acquisition, you may need to secure financing to fund the purchase. This could involve obtaining a loan from a bank or other financial institution, or seeking alternative financing options.
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5. Transfer of ownership and assets: The transfer of ownership and assets from the seller to the buyer will need to be properly documented and any necessary licenses or permits will need to be obtained.
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6. Employment law: If the business you are acquiring has employees, you will need to consider the legal requirements related to the transfer of employees from the seller to the buyer. This may involve negotiating a collective agreement with a union or complying with employment standards laws.
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Contact Fulcrum Law in Vancouver, BC for legal guidance  when acquiring a business in Canada to ensure that you are meeting all of the necessary legal requirements and protecting your interests.

Business Contracts and Agreements

Contracts and agreements are a fundamental part of doing anything in business. A faulty agreement or no agreement puts your business and interests at significant legal risk - we can help.

Questions

Meet with a Lawyer at Fulcrum Law