LLC operating agreement
An LLC operating agreement is the contract among members that sets ownership, management, money, and exit. It is not the state filing.
Lou Van Reemst
Blog
Practical contract management insights: organizing contract repositories, tracking deadlines with expiration reminders, and managing vendor agreements.
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Franchise disclosure document
A franchise disclosure document (FDD) is the pre-sale disclosure a US franchisor must give a buyer. It is not the franchise agreement.
Budi Voogt
What is a license agreement
A license agreement lets someone use an asset on stated terms while the owner keeps ownership. It is not a sale or an assignment.
Lou Van Reemst
What is an OEM agreement
An OEM agreement lets one company supply a part or software that another company builds into a product sold under its own brand.
Lou Van Reemst
What is a loan agreement
A loan agreement is the two-way contract that sets repayment, covenants, and default. It is not the same as a promissory note.
Lou Van Reemst
What is a non-compete agreement
A non-compete agreement limits work after a job or a business sale. Whether it holds depends on the state and the deal.
Budi Voogt
What is a SaaS contract
A SaaS contract is the subscription for hosted software, not a licence you own. Check the term, renewal notice, and your data.
Lou Van Reemst
How to best manage contract renewals
Renewal is the cheapest way a bad contract survives. Nobody re-reads it. Nobody re-prices it. Unless a named person does a specific thing by a specific
Lou Van Reemst
Contract renewal statistics 2026: renewal rates and notice
Contract renewal statistics for businesses: auto-renewal clauses, filed contract terms, retention rates, audited renewal waste, B2B statutes, leases.
Budi Voogt
Contract management statistics 2026
Contract management statistics for 2026, each figure linked to the organisation that produced it, with year and sample size. Plus the numbers we retired.
Budi Voogt