WHEN YOU FORM YOUR COMPANY
OR TRUST ONLINE AT AMERILAWYER.COM,

PAYMENT IS NOT REQUIRED
LEASE FOR CORPORATION USE OF EMPLOYEE/SHAREHOLDER VEHICLE

A well-drafted shareholder/corporation Vehicle Lease Agreement will:

  • Provide the shareholder a framework for creating a valuable tax deduction when allowing the corporation to use the shareholder's vehicle in the business.
  • Provide a framework for the creation of tax-free money received by the shareholder paid by the corporation.
  • Define the exact monthly rental paid by the corporation to the shareholder for use of the vehicle.
  • Document the actual commencement date and length of the lease agreement and allows for automatic renewals of the lease agreement to avoid additional lease preparation costs in the future.
  • Provide the corporation with a framework for valuable tax deductions, that is, the deduction of the amount paid to the shareholder.
  • Be a legally binding, written lease agreement between the corporation and the shareholder for use of the shareholders vehicle.
  • Prevent the vehicle from being in jeopardy of judgment creditors, writs of execution or attachments (In case of any litigation against the corporation).

GET A QUOTE FOR YOUR AGREEMENT HERE

Information & Benefits:
The following information and benefits is what distinguishes us from other online providers.

Definitions
Defines important terms including "fair market value" and what a "transfer" is.

Restrictions on Transfer
Describes what the Contractor will do for Principal


Rights of First Refusal
Describes what the Contractor will do for Principal


Sale of Shares
Describes what the Contractor will do for Principal


Buy/Sell Provisions
Describes what the Contractor will do for Principal


Meetings
Describes what the Contractor will do for Principal


Sub-S
Describes what the Contractor will do for Principal


Banking Power
Describes what the Contractor will do for Principal


Restrictive Covenants
Such restrictive covenants offer the Corporation statutory remedies for violation and often prevent the Shareholder from unfairly competing against it or disclosing its confidential business information. As always, ensure any such restrictive covenant is within statutory parameters.


Mediation and Arbitration

Mediation and Arbitration should always specify a location in Client's jurisdiction (preferably, in the same county where they run their business). Mediation is a non-binding way to settle the dispute quickly and amicably. If unable to settle in mediation, arbitration is first option available. Arbitration is the preferred alternative to litigation because of speed, cost, and ability to maintain low profile (no info is publicly available).


Governing Law

Always stipulate that the contract will be governed under whatever law the Client ordinarily conducts business. Always make sure that venue and jurisdiction are as convenient to client (Buyer) as possible.


No Modification or Waiver

No modifications except those specifically agreed upon by the parties in writing. Any waiver of a term or provision will not act as a waiver of any other provision.

Notices

Notices should always list the current and best addresses where each party may contact the other for whatever reason.

GET A QUOTE FOR YOUR AGREEMENT HERE


Real Lawyers. Real People.
Spiegel & Utrera, P.A. : Affordable Agreements. Custom-Fit Contracts.

Why do I need a Legal Contract or Agreement?

Our Office

Miami

1840 Coral Way
4th Floor
Miami, FL 33145
Toll Free: (800) 603 - 3900
(305) 854-6000
Fax: (305) 857-3700
Natalia Utrera, Esq.,
Managing Attorney

New York City

1 Maiden Lane
5th Floor
New York, NY 10038
Toll Free: (800) 576-1100
(212) 962-1000
Fax: (212) 964-5600
Nicolas Spigner, Esq.
Managing Attorney

Clifton, NJ

642 Broad St., Suite 1B
Clifton, NJ 07013
Toll Free: (888) 336-8400
(973) 473-2000
Fax: (973) 778-2900
Sandy A. Adelstein
Managing Attorney

Los Angeles

8939 S Sepulveda Blvd.
Suite 400
Los Angeles, CA 90045
Toll Free: (888) 520-7800
(310) 258-9700
Fax: (310) 258-9400
Nicolas Spigner, Esq.
Managing Attorney

Delaware

9 East Loockerman Street
Suite 202
Dover, DE 19901
Toll Free: (888) 641-3800
(302) 744-9800
Fax: (302) 674-2100
Courtney Riordan, Esq.
Managing Attorney

Las Vegas

2545 Chandler Avenue
Suite 4
Las Vegas, NV 89120
Toll Free: (888) 530 4500
(702) 364 2200
Fax: (702) 458 2100
Joel S. Beck, Esq.
Managing Attorney

Chicago

Continental Office Plaza, Suite L12
2340 Des Plaines River Road
Des Plaines, IL 60018
Toll Free: (888) 514-9800
(312) 443-1500
Fax: (312) 443-8900
Michael C. Welchko, Esq.
Managing Attorney

General Counsel Club®

Unlimited Legal & Business Advice
LEARN MORE!
Toll Free: 1 (800) 734 - 9900
Fax: 1 (800) 520 - 7800
ClubAssist@AmeriLawyer.com
Natalia Utrera, Esq.,
Managing Attorney

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STARTING A BUSINESS

There are many benefits to starting a business and incorporating. Some of the benefits of starting a business include protection of your personal assets, ease of raising capital, gain anonymity, available tax benefits and more!

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