Ostensible Agreement Meaning

For the relationship thus created, the agent is a stranger. He must not be aware of the existence of the representation (although he is in general), but he must not claim to conclude the agreement himself as the client. Representation, where the contractor acts by concluding a contract with the holder, acts as an Estoppel and prevents the contracting entity from claiming that it is not bound by the contract. . . .

One Page Share Purchase Agreement

there are risks associated with mis-presentation of successes or simply inconsistent accounting and measurement methods; Therefore, earn-out rules must be carefully developed and should include very specific milestones, a clear earn-out period, a clear formula or method for determining the earn-out, a method of securing the earn-out payment (for example. B fiduciary or guarantee) and covenants specific to the post-closed. Therefore, an Earn-out can be considered as an additional payment for the achievement of agreed post-closing goals…