ConTraps Part II – Contract Traps Entrepreneurs Should Avoid At All Costs
InfoChachkie
MAY 9, 2011
BDCs often ask to “private label” or “white label” a smaller company’s technology. In order to ensure that these specifications are honored, include the “Powered By” samples in an exhibit to the partnership agreement. Execute an Ambiguous Statement of Work. Agree to Bundling Without a Minimum Price. Grant Most Favored Nations Status.
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