Backend & Royalty Clauses: Why 'Points' Don't Always Mean Money
Being offered "points" or a share of profits sounds great — until you read how profit is defined. Here's what to look for.
Straight answers to the questions people actually search before signing something — contracts, leases, job offers, and the clauses that cause the most trouble later.
Being offered "points" or a share of profits sounds great — until you read how profit is defined. Here's what to look for.
Pay is the part everyone reads. The clauses that matter years later are usually further down: non-compete, IP assignment, arbitration, and termination terms.
A lease is usually the biggest financial commitment a renter makes each year. These are the seven sections to read closely before you sign.
Most contract regret comes from a handful of repeat offenders: automatic renewal, one-sided termination, arbitration, indemnification, and personal guarantees. Here is what each one really means.
Plain-English guides to the contracts people sign most often.
Offer letters, employment agreements, and workplace paperwork explained.
What to check before you sign a lease or rental agreement.
Vendor agreements, service contracts, and business paperwork.
Common legal documents translated into everyday language.
Loans, guarantees, and financial paperwork in plain English.
Wills, trusts, and family planning documents made understandable.
The clauses and terms that most often cause problems later.
Short answers to the document questions people search for most.
Plain-English guides to subcontract agreements, payment clauses, retainage, change orders and scope-of-work risks.
Plain-English guides to talent, modeling and acting contracts, including likeness rights, exclusivity and royalty terms.