"M. Uli Kusterer" <[EMAIL PROTECTED]> wrote:
>In other words, you limit liability by limiting the business purposes. The
>business purpose would be "to create a freeware multimedia engine capable of
>reading and writing xTalk and xCard files, and any other programming
>necessary. Said engine shall be freeware, and shall be distributed pursuant
to
>a license to be agreed upon. The partnership shall have no commercial motive
>or objective.".
Eric,
wouldn't the above still allow someone to sue us if we don't succeed in
finishing OC? Or is this taken care of by the fact we didn't specify a time
frame?
The only potential litigant (person who could sue us) would be metaCard; we
will have to make a contract with metacard to create the GUI in exchange for
their granting us a license. And it is true, that metaCard could sue us if we
do not perform, but only to the extent of their damages, i.e. 995$ per
partner.
The partnership agreement is a contract between the partners: pursuant (i.e.
in accord with its terms) i'm envisioning:
-a contract with metaCard which would determine distribution of their
license.
-a license agreemeent
- a name
The last would be decided by a percentage vote. The first depends in part on
metacard. The second will be developed from the licenses which you refered me
to.
Basically, except for the possibility of having to buy the metacard license if
we don't produce, the plan that I suggest exposes partners to almost zero
liability.
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