Massachusetts Window Tint Laws The state of Massachusetts regulates window tints for passenger vehicles with a 35% VLT. That means that at the very minimum light must be able to pass through so the tint is at a limit of 35%. This applies to the front and rear side windows on all passenger vehicles registered […]
Overview of LLC Member Withdrawal Agreements Any member has the right to voluntarily withdraw from a limited liability company. Many LLCs are set up with automatic buyout clauses that come into play upon a member’s voluntary withdrawal or frequently will require that there be a written withdrawal agreement. The member’s buyout price or formula may […]
A Primer on Pharmaceutical Contract Manufacturing Manufacturing is a critical part of the pharmaceutical industry. For the pharmaceutical company, such manufacturing could include toll manufacturing, contract manufacturing and private label manufacturing. These processes require skilled labor and expensive equipment and facilities. Pharmaceutical companies may choose to design and operate their own manufacturing facility, or they […]
Federal Record Retention Must-Knows A comprehensive approach to information governance includes the retention and timely disposition of federal records. The retention of these data is prescribed by federal agencies. Many records are to be retained for a specific length of time (often based on the "RY" or "RFY" date per GRS 5.401); after that holding […]
A Brief Guide to Partnership Agreements A partnership agreement is a legal document agreed to and signed by each of the members of a partnership that describes the rights, responsibilities, and obligations of each member of the partnership. The partnership agreement will often address all of the issues that may arise among the partners while […]
What is an Agency Agreement? An "agency" is a legal relationship wherein one party (the "principal") gives power to another party (the "agent") to do a particular act on the principal’s behalf. The individual contracts or agreements involved in establishing an agency can take a number of forms, and the acts or responsibilities that one […]
What Is a Motion to Change Venue? The motion for change of venue is a legal filing that asks the court to relocate a case out of the current superior court district. There are limitations on when you may request a change of venue, how you may request a change of venue, and where you […]
An Overview of Construction Arbitration Arbitration is an alternative dispute resolution process that allows parties in a construction project to seek a third party’s judgment of said dispute, instead of turning to the court system. It is similar to mediation, however, arbitration is a binding decision and most often eliminates or cuts down the time […]
Defining the Offset Agreement An offset agreement is a commercial agreement used in international trade in which a contractor agrees to make certain commercial investments in the importing country as part of the contract. Offset agreements are particularly common when the purchasing customer is a government or other entity that requires the seller to bolster […]
What is an Option Agreement? An option agreement is a legally binding agreement whereby an optionor gives the optionee the exclusive right to purchase or lease a piece of land for a certain period of time. The time period is usually between six to twelve months, depending on the deal. This is most often done […]
