Effective Agreements Information

Most small companies - from start-ups to mid-sized - lack a full time person dedicated to their commercial agreement process. The structuring, drafting, marking up and negotiating of agreements often falls to the CEO, CFO, or other executive. These people may not have the training to work effectively through all stages of the agreement process. If they do, the internal cost of their work is very high. Because contracts are not their primary concern the executive becomes the “choke point” in the process, adding expensive delays, and possibly postponing revenue. When the executives work the agreements, their focus is deflected from the core business. Even if the company depends on attorneys for contract work, someone still must supervise the effort, track drafts within the organization and push for responses, provide the attorney with the details of the transaction and usually carry the negotiations. Effective Agreements manages the agreement process so management remains focused on the core business. We structure a viable commercial relationship that will work from day-to-day. We draft business points in clear, concise language that is crystal clear to attorney and layman alike, provide markups and responses to markups, track drafts, ride herd on departments that owe comments, and prepare negotiation strategies. When requested, we negotiate directly with the other party. We excel at protecting intellectual property, including software. Management is always kept well informed via memos and presentations. Our turnaround times are short, and our fees keep transaction costs low. Effective Agreement’s goal is a contract that creates a clear, workable, equitable and long-lasting relationship between the parties that achieves the business purpose in a short period of time. 972-235-7656 (Office) 214-549-1770 (Cell) tphillips@effectiveagreements.com P. O. Box 833574 Richardson, TX 75083