Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,149,890 members, 7,806,588 topics. Date: Tuesday, 23 April 2024 at 06:41 PM

Non -circumvention Agreement. - Nairaland / General - Nairaland

Nairaland Forum / Nairaland / General / Non -circumvention Agreement. (129 Views)

Can I Sue Her For Breach Of Agreement And Claim Damages? / Jubilation, South American Country Sign Visa-free Agreement With Nigeria / "Your User Agreement Sucks" Sen. John Kennedy Tells Facebook CEO (2) (3) (4)

(1) (Reply)

Non -circumvention Agreement. by OpatolaEsq: 7:19am On Sep 20, 2020
We live in a world where everybody wants a cut . A cut in the business, a cut in the money or a cut for facilitating a deal or contract.

A Non-circumvention Agreement helps to ensure that a party is not passed over in a transaction. That you get your cut.

This is a Legal agreement used to prevent the possibility that a party or a group of persons will be passed over in a transaction or cutting them out of a business transaction, in a way that they are not paid or compensated for their labour or as agreed.

In short, signing a non-circumvent agreement, it restricts parties from conspiring with each other to cut out a third party from the deal.

Upon signing a non-circumvent agreement, It ensures that the business or person who was circumvented or passed over will receive full compensation for its contribution. In the event that a non-circumvention agreement is breached, the non-breaching party can sue for damages.

You should consider a non-circumvention agreement where you are working with a party you cannot totally trust or where you just want to be on a safe side.

Opatola Victor Esq.
adeopatola@gmail.com
09041815408 , 07069687425

(1) (Reply)

You Should See How Well This People Know The Naira / Confirmed Wilfred Ndidi Ruled Out Of October Friendly Matches -NFF / See The Defender Manchester City Are Ready To Splash 62 Million Euros On

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 8
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.