3 ms·
Like http://friendda.org/ http://friendda.org/ ?
by jonathanwallace 10y ago
Like http://friendda.org/ http://friendda.org/ ?
- gojomo 10y agoI wonder if something even better is possible, for the common case of mixing ideas/work for a brief exploratory period, but then deciding to go separate ways (for any of hundreds of reasons). It'd be something that's short and works for early, barely-formal collaborations, that may never form a company. It'd end cleanly – protecting either side – as soon as other more formal contracts/entities are put into place. It'd probably include a mutual non-disclosure aspect, but the heart of it would be: * either party has discretion to end the temporary collaboration * each party has an irrevocable right to further develop/exploit any ideas/plans/proposals that can be shown to have been created during the collaboration period * granting each other that right is the full and only compensation due each other for the collaboration, in the absence of other superceding written agreements regarding stock, employment, compensation, patents, etc. Taking the current case as an example, the former collaborator (Guillory) would have the right to independently develop/license/etc anything shown to have been part of the original discussions. (That is, the content of those discussions – not refinements/extensions added later.) But, after either side having clearly said good-bye, there'd be no further claims on equity/licensing-fees/later-developments.