EMPLOYMENT AGREEMENTS

With profits declining and competition on the rise, businesses are struggling to find creative solutions to increase productivity, contain costs, and protect their market shares. 

At Frame Legal, our professionals counsel owners and executives of start-up's, small businesses with respect to design, drafting, and implementation of employment agreements and other types of employment arrangements. 

In addition, our law firm works closely with clients to draft and implement employment agreements to prevent the disclosure of unauthorized use of trade secrets and other confidential information. 

Examples of the employment law areas we serve include:

     • Drafting Employment and Consulting Agreements

     • Drafting Termination Agreements

     • Designing Restrictive Covenants

     • Drafting Confidentiality Agreements

     • Drafting Non-solicitation Agreements

     • Drafting Non-competition Agreements

Unexpected Business Break-ups

In today's economic climate, there are as many or more business terminations than there are continuing business successes. These terminations can be brought about through operating failures, or simply unwillingness or inability to carry on the entity's business in combination with the other business owners.

At the heart of many business break-ups is the desire to separate or terminate the "partnership" among the business venturers, whether they are truly partners in a partnership, members in a limited liability company (LLC), or shareholders, directors, officers in a corporation. Further, the modern concept, "dissociation," has emerged with the adoption of the LLC, which is increasingly used as the organizational form of choice among businesspersons. Dissociation rules now affect partnerships (as many LLCs choose to be taxed).

With every business break-up, the parties must be concerned with creditors and potential individual liability. Certainly, if the business managers fail to arrange a controlled termination of their business entity, the creditors will act, and the business organization statutes and federal bankruptcy laws give them multiple alternatives. In the final analysis, if the business breakup is permanent, the business entity will dissolve and wind up. 

Once again, it is important to plan ahead for these unexpected situations, and when they arise seek counsel to help your business through the termination, dissolution and winding up process.