When drafting or reviewing contracts, one term that may come up is the "sunset clause." This term refers to a provision that sets a date or condition for the termination of the contract. In other words, the sunset clause is…

Citrix Systems Inc., a leading provider of digital workspace software solutions, offers one of the most comprehensive enterprise license agreements (ELAs) in the industry. An ELA is a customized software licensing agreement that allows an organization to flexibly license Citrix…

The Hague Agreement is an international agreement which enables applicants to register a design in multiple countries through a single application. This agreement simplifies the formalities of registration, reduces costs, and provides better protection for industrial designs. In this article,…

In the field of finance, depositary agreements are commonly used to facilitate international transactions. A depositary agreement is an agreement between a foreign company and a local bank, wherein the bank acts as the custodian for the company`s assets. These…

Fixed term agreement financial planning is a crucial aspect of financial management that can help individuals and businesses achieve their long-term financial goals. A fixed term agreement (FTA) is essentially a contract between two parties that outlines the terms and…