About this document:
The uncertainty over issues relating to Rights, registrations, history of previous hiring, sale, purchase and/or payment can cause great difficulty for the hiring party. You can rest assured, this agreement as drawn; will make sure each side fulfills its obligations to the other.
Who will use this document?
Anyone finalizing terms for taking on hire or renting out a domain name.
Key features:
· both sides gain to satisfaction;
· use of escrow service;
· seller’s warranties;
· can be amended to suit specific requirements of one party or a frequent user;
· payment terms;
· termination provisions;
· re-registration responsibility;
· if hirer fails to pay, name returns.
This document includes provisions for:
· reasonable warranties by owner;
· protection of confidential information;
· defining the subject matter carefully;
· warranties by owner on all essential elements;
· responsibility for re-registration;
· payment procedure;
· rights and obligations of parties;
· optional break;
· reversion of rights to owner when time is up;
· appropriate warranties, exclusions, indemnities, etc.
