Tag Archive: small business contracts

Apr
28

Who Owns Intellectual Property – Employee or Employer?

contract

When an employee leaves your company, it’s important to know who is the owner of any intellectual property that employee created while working for you. The general rule is that an individual owns the rights to anything they have created, regardless of whether they were employed by someone else at the time. There are however, two …

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Mar
29

Tax Indemnity Clause – Don’t get Taxed for Another Business’ Activities

Tax indemnity in a small business context means Company A compensates Company B for taxes assessed on Company B as a result of Company A’s business activities. This concept often comes into play when two parties enter into a co-marketing agreement and one party is promoting the products of another party.  Co-marketing  sometimes leads taxing …

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Mar
22

Protecting Your Trade Secrets When Working With Third Parties

A common concern when starting a new business is how to protect your trade secrets. Maybe you have come up with a great business concept or developed a fantastic new product or service. How do you make sure the people you’re dealing with don’t steal your product or copy your idea? The Uniform Trade Secrets …

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