There is little or no statutory regulation relating to an agreement of this nature, so the parties can make more or less what deal they choose. By effecting a slight alteration the document can be used for a limited company also. There are a very large number of variables and you can choose to settle your agreement to strongly favor one side without reducing the precision of the agreement.
Clients' attention is drawn to the fact that the law changes constantly. Author makes no representation and gives no warranty that the information in this service or product is correct or complete or a definitive statement of the law. Author shall not be held liable for any loss whatsoever caused whether due to negligence or otherwise arising from the use of the document products.
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