Products tagged with 'co-ownership agreement'

Do you own a vacation property in common with one or more other owners? Set out the rights and obligations of the co-owners with this Right of Use Agreement.

• The Agreement outlines the use periods for each co-owner / tenants in common during the calendar year.
• Each co-owner has the right to sublease the vacation property to someone else during their assigned use period if they are unable to use it.
• Procedures for leasing to third parties during the balance of the year.
• Provisions for retaining a property manager to look after the property during those times when the co-owners are not there.
• Allocation of payment of taxes, costs and expenses among the co-owners.
• Procedure for selling, mortgaging or dealing with a co-owner's interest if the other co-owners have no pre-emption rights.
• If there are pre-emption rights, the other co-owners have a right of first refusal before any co-owner can deal with his/her percentage interest.
• The Right of Use Agreement can be used for vacation properties almost anywhere in the world.
• Available in MS Word format and fully customizable to meet your specific needs.

Offer an investor co-ownership rights in your software products with this Acquisition Agreement contract template for Canadian software developers.

Parties to the Acquisition Agreement

• The agreement is between a software developer (the vendor) and an investor (the purchaser). The purchaser will provide the capital necessary for product development.

Purpose of Agreement

• In return for the injection of investment capital, the purchaser will acquire joint ownership in the developer's software products.
• The investor also purchases the patent rights and grants the developer the right to use and sub-license the patent rights.

Key Provisions

• Modifications. Each party will retain all rights to its own subsequent modifications to the software.
• Non-Solicitation. The investor agrees not to solicit any of the developer's customers or employees for a period of one year following the closing of the transaction.
• Indemnification. The developer agrees to indemnify the investor against any claims or losses arising from an infringement claim with respect to the software.

Format and Legal Jurisdiction

The Acquisition Agreement for Co-Ownership of Software is available as a MS Word template and can be easily modified to reflect your unique business circumstances.

This legal document template is governed by Canadian intellectual property laws and is intended to be used within Canada.