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The Defence Production Sharing Agreement (DPSA) is a bilateral trade agreement between the United States and Canada that aims to balance the amount of military cross-border buying in order to avoid trade imbalances. Since its signing in 1956, it has led to a number of US companies sending military production to Canada in order to "offset ...
Acquisition and Cross-Servicing Agreement (ACSA) are negotiated on a bilateral basis between the United States and its NATO allies or coalition partners that allow US forces to exchange most common types of support, including food, fuel, transportation, ammunition, and equipment. The agreement does not, in any way commit a country to any ...
A shotgun clause (or Texas Shootout Clause [1]) is a term of art, rather than a legal term.It is a specific type of exit provision that may be included in a shareholders' agreement, and may often be referred to as a buy-sell agreement.
The treaty creates international standards for registration of contracts of sale (including dedicated registration agencies), security interests , leases and conditional sales contracts, and various legal remedies for default in financing agreements, including repossession and the effect of particular states' bankruptcy laws.
Non-compete agreements will be enforced in Illinois if the agreement is ancillary to a valid relationship (employment, sale of a business, etc.) and (1) must be no greater in scope than is required to protect a legitimate business interest of the employer, (2) must not impose an undue hardship on the employee, and (3) cannot be injurious to the ...
A strategic alliance is an agreement between two or more players to share resources or knowledge, to be beneficial to all parties involved. It is a way to supplement internal assets, capabilities and activities, with access to needed resources or processes from outside players such as suppliers, customers, competitors, companies in different industries, brand owners, universities, institutes ...
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance.. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or ...
The Polaris Sales Agreement provided an established framework for negotiations over missiles and re-entry systems. [52] The legal agreement took the form of amending the Polaris Sales Agreement through an exchange of notes between the two governments so that "Polaris" in the original now also covered the purchase of Trident.