Avoid the costly fallout of contract terminations! We’re breaking down the biggest mistakes and how to steer clear of them. Catch this episode for essential insights!

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Timestamps:

(1:05) - The main thing to consider is when you get into a contract in any agreement in life, really, is you've got to figure out if this goes badly, what is the worst case scenario?

(2:26) - Termination for convenience, which is essentially they can terminate you for whatever reason they want

(4:05) - Termination for default is pretty fair

(4:45) - In most countries, in most states, at law, you can get out of a contract if they don't pay for you. But that's outside of the contract

(6:48) - When you get into any sort of agreement in life or in a contract, you need to be able to understand the escape hatch

DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.

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