What is an Indemnity Clause? An indemnity clause, often called a hold harmless provision, in an employment contract is a promise by the employee to reimburse the employer for certain losses it has incurred or may incur in the future. An indemnity obligates the employee as against all types of damages, not only compensatory damages.A typical indemnity in an employment agreement is something like the following: In consideration of my employment and the salaries and … Employment Contract Indemnity Clauses ExplainedRead more

What is a Non-Exclusive License Agreement? A non-exclusive license is a term used in intellectual property law to understand whether a particular license provides the right for an entity to use a specific asset without requiring permission from a licensor. The license agreement grants the licensee certain rights to engage in agreement terms. A non-exclusive license can take many legal forms and can include software license agreements, copyright licenses, patent licenses, trademark licenses, and/or general … Navigating Non-Exclusive License Agreements: A Comprehensive GuideRead more

What Happens Under North Carolina Abandoned Property Laws? North Carolina abandoned property law is a bit different in some regards than many states across the U.S. Generally speaking, abandoned property is that which has been forsaken or abandoned by its owner, and to which the owner has no intention to return. While there is no list of exact definitions or categorizations of such property, broadly speaking this property can be:While it is not limited to … North Carolina Abandoned Property Law ExplainedRead more

An Overview of NJ Electricity Shut-Off Regulations Electric companies in New Jersey are regulated and controlled by the Board of Public Utilities. This agency oversees all utilities in NJ, including water, gas, telecommunications and electricity. These regulations can be found under the NJ Administrative Code, or NJAC, in Chapter 14 (emergency service protection). One of the main purposes of these rules is to ensure that customers are not unreasonably shut off of utilities during extreme … The Basics of New Jersey Electricity Shut-Off LawsRead more

Do Michigan Residents Recognize Common Law Marriage? Unlike many other states, Michigan does not recognize the validity of common law marriages. In fact, it is well-settled law that common law marriages contracted in Michigan are void ab initio. The reasoning behind this is that common law marriage is classified as a contract under Michigan law, and, given the strong public policy reasons underlying the basis for regulations of marriages in Michigan, the court has held … Understanding Michigan Common Law Marriage: Facts and FictionRead more

What is a Construction Contract Agreement? What exactly is a construction contract agreement? In very generic terms, a construction contract agreement is a legally binding document between two or more parties that creates an agreed-upon agreement or understanding regarding any aspect of the construction industry. These types of documents are signed off by everybody included in a particular project in the industry.By signing these documents, all parties agree to the predetermined parameters set forth in … A Complete Guide to Construction Contract Agreement PDFsRead more

An Overview of Divorce Law in Texas Texas divorce law operates under the principle of "no-fault," meaning that either spouse may bring an action for divorce without having to prove fault on the part of the other spouse. However, there are some specific grounds under the Texas Family Code, Chapter 6, that can be cited as the reasons for divorce in the state.The grounds for divorce are: (1) Insupportability (repairs of the marriage cannot be … Texas Divorce Law 101: The Role of Adultery in a Texas DivorceRead more