Does anyone have any agreements that would cover the ownership of a domain valued at xx,xxx by a group of 3 or more individuals? Thanks for any info.
Does anyone have any agreements that would cover the ownership of a domain valued at xx,xxx by a group of 3 or more individuals? Thanks for any info.
your circumstances are unique, the partners are unique and your jurisdiction's unique ... u should always have an agreement like that drafted by a professional, a commercial or corporate law specialist ... imho
David Thompson Owner Name Network Pty Ltd
david@namenetwork.com | icq: 285733381 | msn: name_network[@]hotmail.com
Why don't you ask Berryhill, Lieberman or one of those guys to help.
I think you're going to find it could be tricky. Why don't you set up an LP or something like that and have the domain as an asset?
Depending on the rules of your state ... I set the domain up as an asset under an LLC formed for the sole purpose of a joint venture or marketing agreement.
The terms of the corporate state the purpose of the domain and how the domain may be disposed of should the organization end. You'll want to talk with your lawyer and register the domain to the organization.
Best,
Justin
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