Having detailed and well drafted commercial contracts is extremely important for every business to ensure that it is adequately protected. The consequence of not having a properly prepared commercial contract can end up costing your business a lot of money. At Parkston Lawyers we pride ourselves at having the knowledge and expertise to prepare a wide range of commercial contracts, tailor-made to suit your business’ needs.
If you have just established a company with one or more business partners, you will need a detailed shareholders agreement. Shareholders agreements set out the responsibilities, rights and obligations of shareholders. They deal with a range of issues such as dividend policies, decision making and voting, conduct of shareholders meetings, how shares can be sold and exit strategies for shareholders.
If you have a business that sells any type of product you will need to have a set of terms and conditions that adequately protect your business and that deal with matters such as payment and invoicing terms, delivery of product, interest and collection charges on late payments, security for payments, product warranties and limitation of liability from claims by your customers.
If you are a distributor of goods on behalf of a manufacturer or supplier, you may need a new distribution agreement or licencing agreement reviewed or prepared on your behalf. You would want to ensure that you are protected in terms of exclusivity of the agreement, the distribution territory price of goods supplied to you by the supplier as well as other relevant matters.
Parkston Lawyers can assist with preparing and reviewing all of the above types of commercial contracts and a range of additional contracts including loan and security contracts, hire-purchase contracts, agency contracts and joint venture contracts.
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