Learn how an aggregate extension clause groups small business losses into single claims, explore its advantages, and see practical examples in reinsurance.

Discover how hourly clauses in reinsurance limit coverage by timeframe, benefit reinsurers, and see real-world examples of their application in catastrophe insurance.

Protecting sensitive information is essential when drafting legal agreements. However, crafting a clear and effective confidentiality clause can feel challenging. Many struggle to create one that ...

A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.

Contracts are an undeniably important part of protecting both yourself as the business owner or entrepreneur and your client. They set clear expectations for both parties, keeping everyone on the same ...

The existence of a green socks clause can act as a powerful incentive for each partner to perform his duties and, in the event of an irretrievable breakdown in the relationship with a partner, can ...

Non-compete clauses in employment agreements typically prevent former employees from working for a competitor of the former employer for a specific period of time in a designated geographical area.