Phone Phone

Contract Drafting and Review

As corporate commercial lawyers, we ensure that all contracts—simple to complex—are negotiated, drafted, and reviewed to ensure that the rights of all parties to the contract are protected and that the contract is reliable, legal, and enforceable.

Our business lawyers draft a variety of commercial agreements. These include employment agreements, independent contractor agreements, sales agreements, distribution agreements, confidentiality agreements, non-disclosure agreements, non-competition agreements, non-solicitation agreements, service agreements; supply agreements, joint venture agreements, partnership agreements, and other commercial contracts.

We will address a myriad of terms and provisions central to contract law, including pricing and payment, term and termination, representations & warranties, indemnifications, limitations on liability, confidentiality, insurance, ownership and licensing rights, assignability, and dispute resolution procedures.

For example, you may want a corporate-commercial or business lawyer to help you draft a services agreement for your business which establishes the terms under which you provide services to your customers, fees and other important matters.

When drafting a contract, we will consider all critical factors, which may include the importance of relationship between the parties, the company’s risk tolerance, the credit worthiness of the counter-party, and the likelihood of a breach of agreement.

Our lawyers will broaden or restrict the scope of each clause to best support the client’s goals and concerns, make sure that the clauses work together and do not contradict one another in any manner, and ensure all language is clear, unambiguous, and sufficiently detailed to cover each party’s rights and obligations.

What We’ve Done

Our commercial contract law team have drafted asset purchase agreements for the sale of assets worth between $3M and $20M for several publicly traded companies. Our lawyers have reviewed commercial financing agreements in the tens of millions of dollars and prepared sales agreements for a variety of industries including restaurant, aggregate mining, franchise, cryptocurrency, and the sale of professions.

With years of experience in corporate and commercial law, Kalfa Law is your perfect partner for all your business needs.

Need a business contract? We’re Here to Help™

F.A.Q.’s:

What is a contract?
A contract is an agreement between two or more parties that is enforceable by law. It is essentially a promise whereby one party agrees to do something in exchange for a benefit.
What are the elements that make a contract valid and enforceable:
In order for a contract to be valid, there must be the following elements: offer and acceptance, consideration, capacity, consent, and lawful purpose.
Does the exchange of consideration in a contract have to have a specific value?
The actual value or amount exchanged between the two parties does not matter under law. It has been long held that consideration can be as small as a ‘peppercorn’ – in other words, a small grain of spice is enough to constitute valuable consideration.
Is a minor allowed to enter into a contract?
In every valid contract, both parties must have the ability or capacity to understand the terms and nature of the contract. Therefore, anyone who is not the age of majority in Canada (18 or 19 years) does not have the capacity to enter into a valid and enforceable contract. By the same token, anyone with a developmental disability or has impaired judgement cannot legally enter into a contract.
If I am forced into a contract through threats, is it enforceable and legal?
No. In order for a contract to be legal and enforceable, the two parties must provide genuine consent. This means that there can be no pressure, duress, or undue influence brought to bear on either party to a contract.
What is the purpose of an employee contract?
The purpose of an employment contract is to ensure that both you and your employer have a clear understanding of what is expected during the term of employment. This document can also serve to eliminate any disputes which may arise at a later date. It also helps you to understand what your rights are under the law. Both the employer and employee are bound to the employment contract until such time that it ends due to notice given or a change in terms by either party.
When Should an Employment Contract Be Used?
An employment contract can be used when terms for part-time, fixed employment or permanent full-time are needed. It can also be used when you’ve been hired by a human resources manager, recruitment officer or an employer.

Insights

Earn-outs

Earn-Outs It is not uncommon for purchasers and sellers to disagree on the price of a business. This is especially true today in the face of economic uncertainty resulting from

Continue Reading
Read More...
Employment Insurance Eligibility for Corporate Shareholders

Employment Insurance Eligibility for Corporate Shareholders Employment Insurance eligibility while holding shares in a corporation Pandemic related restrictions forced a significant number of Canadians into unemployment. Out of work, many

Continue Reading
Read More...
Officers’ Duties and Responsibilities Within a Canadian Private Corporation

Officers’ Duties and Responsibilities Within a Canadian Private Corporation There is a common breakdown of managerial power and control distributed within the organization of Canadian Private Corporations. Directors are in

Continue Reading
Read More...
Close Menu

Book an Appointment 1-800-631-7923

Speak with a Lawyer
1-800-631-7923

Email Us
[email protected]