Company Types_ All partners should make it clear the possible involvement of the primary business in the future. They should find the ways or possibilities from such idea. This will prevent future conflicts with regards to business growth.
You can pay a lawyer to draw up this agreement if you are a large company that has a big enough budget to cover the costs, but this is not necessary as you can do it for yourself. You can of course write out your own agreement using one of the many different templates that are available for download online. Both of these documents are completely binding in a court of law, the difference is the amount of money you are going to have to spend. Each of them must be signed by both parties and in many states notarized in order for them to be legally binding.