Legal Question in Business Law in Texas
Contract
A contract has a term of 5 years, but is evergreen and pay can be renegotiated after the 5 year term.
Termination requires a 6 mo notice and cannot be given until after the 5 year term. Is there any way the contract can be ended before 5 and a half years ?
Asked on 3/01/09, 9:00 pm
1 Answer from Attorneys
Re: Contract
I'm assuming this is some sort of employment contract. There should be termination provisions in the contract that would control the outcome of what happens. If not, you would either have to negotiate a termination agreement, or have the court system determine it for you.
Answered on 3/01/09, 9:34 pm
Related Questions & Answers
-
Business Owner I have been married for 11 yrs. as of Feb28,2009. On Dec. 28,1998, I... Asked 3/01/09, 5:40 pm in United States Texas Business Law
-
Business law Who is the Chief justice of the U.S. Supreme Court? Asked 2/27/09, 12:17 pm in United States Texas Business Law
-
Bad Investment Good morning. I hope you are well. I invested $50K as venture capital... Asked 2/25/09, 11:24 am in United States Texas Business Law
-
Client is refusing to pay I have a client who is refusing to pay the fees for two... Asked 2/18/09, 4:12 pm in United States Texas Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
