When a buyer decides to purchase your company, a key step in the diligence process prior to the consummation of the sale is a review of your business's contracts for potentially unfavorable terms. This article highlights one contractual clause commonly vetted in this process--the assignment clause. The article explains why you should try to include certain language in your contracts to maximize the value your company can realize if it is sold.
- Summary by FizzLaw Team
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Assignment Provisions and the Valuation of Your Company