Letter of agreement needed between two partners for new startup
- or -
Post a project like this£10(approx. $13)
- Posted:
- Proposals: 17
- Remote
- #2384858
- Expired
Veteran Legal Expert, Since '07|Contract Drafting Analysis Review Amendment|9 - 12 IST|Inbox to get Instant Review
Kolkata
2426337271306827025082693053268800126745762670846266652925540199071022444572177172
Description
Experience Level: Entry
Hi,
I am in the early stages of setting up a business with a partner. The company is not yet incorporated but we have both put money into the business setup and a lot of our time from the beginning.
The company is a 50/50 split and has been from the start and I need a letter of intent/agreement which outlines all we have done and the all we intend to do, and the fact that everything is shared 50/50 and will be once we are incorporated in terms of how the company is structured. The idea being that we both sign a copy and if there are ever any issues then (Although I understand this may not be completely legally binding) we have the signed letter as backup.
The letter must be strong in terms of it's language so that that it is clear as a letter of intent and not just an expression of intent.
I need this completed quite quickly.
Thanks
Phillip
I am in the early stages of setting up a business with a partner. The company is not yet incorporated but we have both put money into the business setup and a lot of our time from the beginning.
The company is a 50/50 split and has been from the start and I need a letter of intent/agreement which outlines all we have done and the all we intend to do, and the fact that everything is shared 50/50 and will be once we are incorporated in terms of how the company is structured. The idea being that we both sign a copy and if there are ever any issues then (Although I understand this may not be completely legally binding) we have the signed letter as backup.
The letter must be strong in terms of it's language so that that it is clear as a letter of intent and not just an expression of intent.
I need this completed quite quickly.
Thanks
Phillip
Phillip B.
98% (18)Projects Completed
15
Freelancers worked with
15
Projects awarded
29%
Last project
18 Apr 2022
United Kingdom
New Proposal
Login to your account and send a proposal now to get this project.
Log inClarification Board Ask a Question
-
Does it look like to be a friendly Non Disclosure Agreement?
810067
We collect cookies to enable the proper functioning and security of our website, and to enhance your experience. By clicking on 'Accept All Cookies', you consent to the use of these cookies. You can change your 'Cookies Settings' at any time. For more information, please read ourCookie Policy
Cookie Settings
Accept All Cookies