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February 12, 2024 22 mins

In this episode, Sean discusses hiring contracts and their critical components and the need for written agreements to protect oneself from potential issues that may arise in business relationships. The eight must-have terms in agreements are then outlined, including database clauses, probationary periods, exclusivity, confidentiality, termination, indemnity, promotion and slander, and expectations and standards.

00:00 Introduction: Importance of Contracts in Business

01:00 The Need for Written Agreements

02:25 The Eight Must-Have Terms in Agreements

03:23 Chapter 1: Don't Steal

05:41 Chapter 2: Probationary Period

09:57 Chapter 3: Exclusivity

11:16 Chapter 4: Confidentiality

13:43 Chapter 5: Termination Clause

15:05 Chapter 6: Indemnity Clause

16:31 Chapter 7: Promotion and Slander

18:55 Chapter 8: Expectations and Standards

 

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