Contract Drafting Class 5 University of Houston Law Center Feb. 1, 2011 D. C. Toedt III.

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Contract Drafting Class 5 University of Houston Law Center Feb. 1, 2011 D. C. Toedt III

Today’s class In the news Plan for remainder of semester Legalese exercise 18-1 (p. 207) Stark exercise 5.1, cont’d (p. 44) Next week: reshuffle seating

In the news Gil Meche retires, passes up $12MM Good character, or poor judgment? “[C]areer-ending injury is simply a risk assumed by management ….” [link]link

In the news: Egypt No cash No gas, food Suez Canal Containers sitting on docks Force majeure – how handle?

Semester plan: Do a “deal” Start a company, acquire another company to get its key execs, Brainstorm key provisions for agreements Draft selected provisions Work in various style points, legal doctrines Building blocks

Semester plan: Do a “deal” Letter of intent LLC mgmt agrmt Exec. empl. agrmt Services agrmt Empl. offer letter Empl. agrmt. Stock option agrmt Headhunter agrmt Business alliance agrmt Asset sale agrmt Stock purchase agrmt

Exercise 18-1 Legalese (Stark p. 207)

Exercise 5.1 Car contract, cont’d (Stark p. 44)

Stark exercise Skim Stark chapter 6 for an in-class exercise

Preambles: Stark ch. 6 Which guideline(s) are most important? (P. 63)

Exercise 6-2 (p. 67)

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