Consumer Law, Warranties Sales Agreement Contract Wording

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mccb

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Hello,

I am in the process of purchasing a website from a person and have a sample contract that I wanted to modify to account for our agreed upon payment structure. I am taking over the operations for no down payment and will be paying the previous owner 25% of the gross margin over a 2 year period. The 2 year period would start after 90 days of contract signing.

I also want to make sure a non-compete clause is written into the agreement.

This will be done in Pennsylvania. Can someone provide guidance or a sample of the wording that would cover this?

Thank you in advance.
 
There is no "sample wording".

Hire a good business lawyer and make sure you understand every word of the contract and make sure all contingencies are covered.

Tell the lawyer to write it in plain and simple English that is clear and understandable. If the lawyer won't agree to that, then find another lawyer.
 
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