Severability
Categories: Company Management
Can you sever or cut the contract? How easy (expensive) would it be if you had to? How easy is the agreement to get out of? (How much will it cost to do so?)
That's what severability is all about. And when you do cut that contract, is the cutting all your say, or do you have to get the signatures of eight partners?
Lots of complexities in legal contracts like this. How else will lawyers pay for that second home and the new spouse's body maintenance?