|
Welcome to Effective Agreements, Inc. Companies hire us to bring speed, quality and cost control to their agreement process. We provide services and support that orchestrate more effective business arrangements for you including:
|
How Do Companies Benefit From Engaging
Effective Agreements?
|
Eliminate Choke Points and Backlogs
Senior Management, sales persons, or subject matter experts (such as engineers) originate business arrangements, but lack the time to complete the agreement process.
Management and sales teams are already over-extended in most cases.
Potential agreements pile up on their desks, resulting in a backlog and delaying revenue.
Effective Agreements is free to focus solely on completing your agreements, providing fast turnaround times and eliminating backlogs.
| "Lost in Translation"
Management and sales may have difficulty matching legal wording with the arrangement.
Possibly the other side hopes to gain by keeping the language "cloudy". Unnecessary legal expense may result as attorneys spend valuable time trying to extract the major deal points from poorly structured arrangements.
Principals may not be conversant in common legal contract provisions that could protect their interests if they were included in the arrangement.
Effective Agreements specializes in recognizing management's goals and ensuring that the agreement language meets those needs and codifies the actual business arrangement. We are equally adept at writing language that makes the business arrangement clear to attorneys and principals alike.
|
Avoid Declines in the Core Business
Senior Management and the sales team focus on the contract process, neglecting their primary duties - the core business.
Principals' cannot afford to take the time to worry about who has seen the last draft or to negotiate small but critical issues.
Extended time to agreement execution keeps management and sales persons enmeshed in the process, preventing them from moving on to the next crucial sale or strategic alliance.
Effective Agreements manages the agreement process, while making frequent, concise and comprehensive presentations to management, allowing them to make informed decisions on the agreement process while maintaining focus on the core business.
| Errors of Omission
Companies recognize the benefit of mutual cooperation, but fail to consider a complete list of practical issues, such as those around product maintenance or intellectual property that may remain undetected until the agreement is already executed.
Lack of experience in particular arrangements leads the sides to work from an incomplete list of necessary issues.
Failing to tightly structure IP provisions leaves intellectual property ownership unclear, leading to future friction.
Management or sales persons settle the major "30,000 foot" issues, but lack the time to think through every nuance of the day-to-day relationship.
Drafting often begins with an old agreement lacking key elements that did not apply to the previous transaction.
Effective Agreements provides years of experience and works from carefully prepared outlines designed to reduce, if not eliminate, errors of omission.
|
Testimonial From CopperCom, Inc.
"One previous OEM agreement required five iterations through the attorney for a total of almost $6,000. EAI's process of structuring the agreement properly before asking the attorney to draft saved us at least $2,000. More importantly, their experience helped us identify hidden costs in the arrangement in time to cover them in the agreement."
Mike Myers, CEO
| |
The Agreement Process Without Effective Agreements
Business relationships result when two companies recognize they have something to offer one another. This is true for basic sales and licensing through distribution and teaming arrangements, right up to acquisitions and divestitures.
In small and medium sized companies, major points are negotiated in quick meetings, but the practical issues that will cost time, money and competitive advantage remain unrecognized and un-resolved (...more)
|
|
|
How to Avoid
Three Major Problems
of Structuring Agreements
(Click Here)
|
|
