Sheath Huler
Bray Anastasio
- Joined
- Oct 22, 2012
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Somebody else might be able to, but as far as I know, it's not really something that can actually be clarified without seeing the actual agreement. It is about how they are drafted. They can be binding, but often aren't, and even when they are intended to be, there are a lot of questions about how enforceable they actually are. I'm still in school, so I don't know a whole whole lot about it. It's also not my area of law, but I thought Cam Clear would do actual jail time and that IS my preferred area of law so take my opinion FWIW.
Like I said, the current contracts are pretty straight forward, but Gruden does have some endorsement deals with places that may not fit with UT's branding (although, Hooters does involve orange and white...) that will all have to be negotiated around.
There are still hurdles remaining but if all of this is true then it's still fantastic news.
I probably should have waited until tomorrow to post.
Somebody else might be able to, but as far as I know, it's not really something that can actually be clarified without seeing the actual agreement. It is about how they are drafted. They can be binding, but often aren't, and even when they are intended to be, there are a lot of questions about how enforceable they actually are. I'm still in school, so I don't know a whole whole lot about it. It's also not my area of law, but I thought Cam Clear would do actual jail time and that IS my preferred area of law so take my opinion FWIW.
Like I said, the current contracts are pretty straight forward, but Gruden does have some endorsement deals with places that may not fit with UT's branding (although, Hooters does involve orange and white...) that will all have to be negotiated around.
There are still hurdles remaining but if all of this is true then it's still fantastic news.
I probably should have waited until tomorrow to post.
A memorandum of understanding (MoU) is a document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement. It is a more formal alternative to a gentlemen's agreement.
Somebody else might be able to, but as far as I know, it's not really something that can actually be clarified without seeing the actual agreement. It is about how they are drafted. They can be binding, but often aren't, and even when they are intended to be, there are a lot of questions about how enforceable they actually are. I'm still in school, so I don't know a whole whole lot about it. It's also not my area of law, but I thought Cam Clear would do actual jail time and that IS my preferred area of law so take my opinion FWIW.
Like I said, the current contracts are pretty straight forward, but Gruden does have some endorsement deals with places that may not fit with UT's branding (although, Hooters does involve orange and white...) that will all have to be negotiated around.
There are still hurdles remaining but if all of this is true then it's still fantastic news.
I probably should have waited until tomorrow to post.
Told ya so...They're literally stealing all of the info from here and saying Arkansas on Grudenville.
It's obvious they're stealing it because it's said here and then shortly after, they have people over there claiming the exact same stuff.
They've trolled their fans really hard. If they had been following over here, they would see that all of the info there was posted here previously. Ridiculous.
It would be interesting to know if it contains no shop and confidentiality provisions.
In any event very, very good news that a MOU has been signed.
Well they caught you man hahaha. Funny though they are gullible.
As stated on here MOUs can be enforceable or not depending on their wording, but whether this one is doesn't really matter IMO.
It indicates both sides have agreed upon a framework for an agreement and an MOU is an attempt to more formalize that agreement.
In short, UT wants Gruden and he's indicated he would like to come based on the terms they've set forth.
Anyone can change their mind and deals do fall apart, but it's generally not in either party's best interest to do so unilaterally due to the bad stigma associated, particularly when it is well-known.