Break The Code

Key Man Out

If you ink a deal with a gigantic company because of your relationship with one people in it, what are you going to do if he or she leaves? A key-man clause can protect you, giving you the option to walk away from the deal if that person quits or is fired. Change-of-control provisions involving partnerships or corporations are similar. They allow for buyout, termination or dissolution rights if the people you originally dealt with no longer control the entity.

« Previous 1 2 Page 3 4 5 6 7 8 Next »
Loading the player ...

Before You Quit Your Job, Do These 10 Things

Ads by Google

Share Your Thoughts