VonVol
Well-Known Member
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- Nov 28, 2010
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I am just telling you that a lawyer drafts that crap and each side has lawyers to advise them. It's that simple. An MOU is merely a binding letter of intent. I have said the same thing about ten times. It has been fun but I need some sleep.
So chris low says its a small chance we get gruden, or a small chance his waist line is going to shrink. It was one of these or both of these.
So you attack someone being unemployed, which they're not and you start talking about taxes/politics?
What is wrong with you???
Night everyone, I'm going to bed. This has gotten way too dumb for my taste. Later.
Reread my paragraphs 2-4 and then ask yourself why I would give any ****s about what some website says?
Legally binding means there is a monetary or specific performance remedy, not some declaratory judgment / waste of perfectly good money on lawyers fees. If it's not in there, it won't be written in, especially between two sophisticated parties.
That means you'd have to include termination provisions. You need the buyout, you need to define for cause and without cause...
If you do all that, you why even bother writing a final contract? But I allowed for those situations too.
All I was saying 15 pages ago is that MOU does not equal 100%.
:banghead2: