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4200 Regent Street, Suite 200, Columbus, Ohio 43219
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Business Attorney | Law Office of Maritza S. Nelson, LLC
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  • Home
  • Who We Serve
  • Practice Areas and Fees
    • General Counsel Service
    • Business Law >
      • LLC Formation
      • LLC Operating Agreements
      • Close Corporation Formation
      • Corporate Bylaws
      • Close Corporation Agreements
      • Other Business Law Services
    • Business Contracts >
      • B2B Service Agreements
      • Contract Review and Advice
      • Customer Agreements
      • Financial Agreements
      • Joint Venture Agreements
      • Lease Agreements
      • Noncompete Agreements
      • Nondisclosure Agreements
      • Waiver and Release Agreements
      • Website Privacy Policies
      • Website Terms of Service
    • Business Sales >
      • Business Purchases and Sales
      • Letter of Intent
      • Purchase Agreements
      • Buy-Sell Agreements
      • Membership Interest Transfer Agreements
      • Business Succession & Disaster Planning
      • Business Dissolutions
    • Raising Money From Investors >
      • Private Placement Memorandums
      • Investment Agreements
    • Franchising and Business Opportunities >
      • Franchise Disclosure Documents
      • Franchise Agreements
      • Ohio Business Opportunity Plans
    • Nonprofit Law >
      • Nonprofit Formation
      • Co-op Formation
      • Tax Exempt Status
      • Nonprofit Governance
      • Nonprofit MOUs and Agreements
      • Nonprofit General Counsel Service
    • Intellectual Property >
      • Trademark Search
      • Trademark Registration
      • Trademark Maintenance
      • Copyright Registration
      • Work For Hire Agreement
      • Licensing Intellectual Property
      • Assigning Intellectual Property
      • Proprietary Information and Invention Assignment Agreements
      • Confidentiality Agreements
      • Intellectual Property Audit
    • Employment Law >
      • Employment Contracts
      • Employee Handbooks
      • Employment Policies
      • Independent Contractors
  • Adding Value
    • Legal Audit Checklist
    • Legal Dictionary
    • 7 Common Legal Mistakes
    • Succession and Emergency Planning Worksheet
    • Business Contracts: Review Checklist
    • Webinars >
      • HR 101: Managing the Growing Pains That Come With Growing Your Business
      • Hiring Independent Contractors
      • Legal Audit and Risk Assessment
      • Structuring a Social Enterprise
  • Bio
  • Blog
  • Scheduling
    • Prospective Client Scheduling
    • Existing and Former Client Scheduling
    • Networking Scheduling

Other Business Contracts

Other Business Contracts

​BUSINESS CONTRACTS
​Nondisclosure
  Agreements

Noncompete
  Agreements

Website Agreements
​
Independent Contractor
​  Agreements​

Other Business
​  Contracts
Over the life of your business, you will likely have to deal with a variety of other business contracts. Here are some of the most common business contracts that we help clients develop or review before signing.

Service Agreements
If you provide services to clients, then you should have a standard service agreement that outlines your terms: what services you’ll be providing and when, for how much, when you expect to be paid, who owns the final work product, and addressing any confidentiality concerns. Your service agreement is a business contract that is meant to protect your business from misunderstandings and disagreements with your clients, especially when it comes to scope of work, payment terms, and the ownership of any intellectual property. 
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Instead of relying on bad contracts, one-sided agreements your client might try to force on you, generic online form documents, or, worst case scenario, simply operating on a handshake and hoping for the best, let our business attorneys prepare a customized service agreement that meets your specific business needs.
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B2B Service Agreements: $2,050
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  • HIPAA Business Associate Addendum: $1,100

Customer Agreements
Often, our B2C clients need much simpler contracts, typically no more than 2-3 pages, describing the terms and conditions associated with selling their products or services. But simple doesn't mean cookie cutter. We take the time to draft a customized agreement that truly spells out how you do business with your customers. 
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Customer Agreements: $1,175
  • Highly Regulated Industries: $2,725

Waiver and Release/Limitation of Liability 
For better or worse, we live in a litigious society. And sometimes you need to know that your business can provide services without worrying about small claims suits from disgruntled customers or clients. A waiver and release is an enforceable promise from your client or customer that they will not sue your business. Typically, a waiver and release identifies the risks associated with your product or service, and the client or customer agrees that they are aware of and willing to accept those risks. In exchange for receiving your products or services, they agree not to sue your business later. 


While no contract is guaranteed to keep your business out of every lawsuit, a good contract certainly makes it much easier to defend you and your business. However, to be enforceable, waivers and releases generally must be clearly worded and unambiguous. Waiver language is typically printed in a prominent manner (as opposed to buried in small print) so that there’s no question later that your client or customer knew they were relinquishing their right to sue. 

In some situations, a complete release from all liability might be construed as simply bad customer service. When a waiver and release is inappropriate for whatever reason, our business attorneys might recommend using a limitation of liability clause instead. As the name implies, instead of a complete release, a limitation of liability clause limits the situations (and sometimes even amounts) that your business can be liable for. For example, a service contract might limit the amount of damages that the business will pay to no more than the amount of fees received from the customer or client. Not only can these clauses limit the potential scope of liability, but as a practical matter, they can also discourage frivolous litigation over small claims by making them less financially attractive to pursue. 

Our business attorneys can help you determine the best way to use your contract documents to protect your business. 

Waiver & Release / Limitation of Liability: $550

Joint Ventures
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In a joint venture, your business partners with another organization on a particular business endeavor. However, instead of merging the two business entities, each entity retains its separate identity while bringing its particular resources to the venture. For example, two game developers might agree to form a joint venture to develop a new game that neither has the resources to develop and market on their own. 

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In a joint venture, both business organizations are typically sharing assets, staff, intellectual property, expenses, and even the profits from their undertaking. While this can present an incredible opportunity for both parties, joint venture agreements must be carefully drafted to avoid misunderstandings and prevent later disputes. 

Strategic Partnerships / Joint Venture Agreements: $3,150

Financial Agreements
Our business attorneys can help you determine the best way to protect your business’s financial interests in a variety of everyday business transactions. 

Assignment Agreements: $975
In an assignment agreement, a debtor assigns its interests in a valuable (often cash-producing) asset to a creditor. The assignment may even be contingent upon the debtor defaulting on a loan or other payment obligation. For example, the bank holding the mortgage to your commercial property might require you to assign the rent you receive from that property to the bank.

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Promissory Note: $450
​A promissory note is a promise to pay a certain sum of money, usually by a specified date. Obviously, if your business is loaning money to a debtor, you’ll want to have an enforceable promissory note to reduce the risk of the debtor failing to repay the loan.


Ohio is one of the few states to allow cognovit (or confessed judgment) notes. In this form of promissory note, the debtor is giving the creditor permission to go into court and “confess” on the debtor’s behalf if the debtor fails to repay the loan on time. With a cognovit note, the court can enter a judgment against the debtor without notifying the debtor that the creditor has filed a lawsuit and without giving the debtor an opportunity to defend the case. 

Security Agreement: $450 (includes filing UCC Financing Statement)
​Security agreements are often used in conjunction with promissory notes. In addition to the debtor’s promise to repay the loan (the promissory note), the debtor also agrees to give the creditor a security interest in certain assets (collateral). If the debtor fails to repay the debt, the creditor can seize and sell off the collateral. 

When preparing a security agreement, attorneys typically also file a UCC Financing Statement, which puts the world on notice that the creditor has a security interest in (or a lien against) the collateral. Before the debtor can sell off those assets, they will need to get the lien removed by paying off the debt. 

Lease Agreements
Unless your business is virtual or based out of your home, at some point, you will likely have to sign a commercial lease for space. Commercial lease agreements are typically longer and more complex than residential lease agreements, and the tenant’s rights are often limited to whatever was agreed upon in the lease agreement. 
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Our business attorneys have experience drafting leases for commercial landlords as well as helping commercial tenants understand and negotiate more favorable lease terms. We can also draft leases for equipment or other assets. 
​

Draft Commercial Lease / Real Estate Purchase Agreement: $4,400
Includes unlimited edits, redlines, and negotiations. 

The time it takes to draft and negotiate commercial leases and real estate purchase agreements can vary considerably from one client to the next. For this reason, it may make more sense to handle your matter on the more traditional retainer basis.


Commercial Lease Review and Advice: $1,400 
Includes 1 round of attorney edits/redlines. 
  • Short Form Lease Review (less than 10 pages): $700

​Equipment Lease: $1,300

Other Contract and Review Advice
Sometimes you just have questions or concerns about a contract that your business has been asked to sign. Signing a business contract without fully understanding the terms will almost certainly come back to hurt your small business. And “I didn’t know” or “I didn’t read it” isn’t a defense! Our experienced business attorneys can review the contract that you’ve been presented with, answer any questions you might have, point out red flags and areas of concern, and provide advice and guidance before you decide whether to move forward. 
​

$450 (up to 5 pages)/$675 up to 10 pages. Longer, more complex agreements usually require our standard retainer.

SCHEDULE A CONSULTATION

​Flat Fee Pricing:
All fees and services described on this site are for information purposes only and are subject to change at any time. Until we have both a signed Engagement Agreement and your initial payment, the Firm reserves the right to quote you a new or different fee for services based on the unique legal needs of your business.

Payment Plan:
Payment Plans are available for an additional premium of 15%. All payment plans require a credit card authorization and are billed monthly. Payment plans are not available for rush delivery projects. Anticipated expenses are due with your first payment.

​
Contract Review and Advice:
Unless otherwise noted, Contract Review and Advice includes attorney recommendations and counseling. Document editing or re-drafting is generally not included. Most contract negotiations require either General Counsel Service or the Firm’s standard hourly retainer.

Traditional Hourly Rates:
General Business Matters: minimum $1,500 retainer

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Business Law
​
Business Contracts
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