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control agreements

I need help with this projectââ?¬¦

Part 1
ââ?¬¢Address any case laws relevant to change of control agreements
ââ?¬¢Discuss any information regarding non-compete agreements that you feel is important in drafting the final document.
ââ?¬¢Display an example of a written contract that you have mocked up. It could be a purchase agreement for a home, car, or furniture; a warranty agreement; or a contract for home repairs. Identify the features that make it a valid contract.
ââ?¬¢Write a short contract in Word to provide a service to someone. You may request monetary reimbursement or something else of equal value from the other party. For full credit, I must address the following in the slides and short contract:

Part 2
ââ?¬¢Explain the basics of contract law.
ââ?¬¢Explain contract law in a simple and concise manner.
ââ?¬¢Incorporate the terms offer, acceptance, and consideration.
ââ?¬¢Include an example of a written contract that you mocked up, and identify the features that make it a valid contract.
ââ?¬¢Include a short contract to provide a service to someone, and identify the features that make it a valid contract.
ââ?¬¢Make sure that the examples given satisfy the basic requirements for a contract.

Provide references, too. Thanks!

Solution Preview

Part 1
Address any case laws relevant regarding change of control agreements.
The case law relevant regarding change of control agreements is ââ?¬Å"Montreal Trust Co. of Canada v. Call Net Enterprises Inc., 2004 CanLII 7642 (ON CA)ââ?¬Â? according to this judgment cessation of an officer through termination in the six months preceding change of control is covered by the agreement and triggers the right to payment.

Discuss any information regarding non-compete agreements that you feel is important in drafting the final document.
The information regarding non-compete agreements that I feel is important in drafting the final document is that the non-compete agreements is that it should be reasonable, meaning that the time period should not be too long, should not cover a wide geographic area, or should not stop a former employee in engaging in too many types of businesses. Usually, a time period between six months to two years will be deemed to be reasonable.
Display an example of a written contract that you have mocked up. It could be a purchase agreement for a home, car, or furniture; a warranty agreement; or a contract for home repairs. Identify the features that make it a valid contract.

Contract for the purchase of furniture:
Your name, sellerââ?¬â?¢s name, your address, sellerââ?¬â?¢s address, your city, state, zip, the sellerââ?¬â?¢s city, state, zip. Your phone, sellerââ?¬â?¢s phone.
The seller conveys to you the full ownership and title to furniture described below:
Description of furniture sold: One teak double bed with markings x, one set of dining table with marking y, and one cupboard with marking y.
You hereby agree to pay the seller $ 4,800 on December 5th 2011. If you fail to make a payment on or before ...

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