If my partner leaves the company are the agreements thatthey signed on behalf of the company still valid afterthey leave?
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If my partner leaves the company are the agreements thatthey signed on behalf of the company still valid afterthey leave?
Agreements signed with 3rd party vendor; partner in a C-corp.
Asked on July 17, 2011 under Business Law, Hawaii
Answers:
S.L,. Member, California Bar / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
Assuming that your partner had the authority to enter into those contracts/agreements while he/she was with the company, the contracts remain in effect after the partner leaves the company.
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