This is a term sheet for a loan to finance the acquisition of a private company in England or Wales, which can be either a term loan or a revolving credit facility. The interest rate is linked to the lender's base rate or the Bank of England's Bank Rate.
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Borrow money for acquisition
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Use this agreement when bringing an advisor on board to formalize variables such as job role and responsibilities, duration of contract and compensation. The agreement also sets forth certain key terms such as confidentiality and intellectual property.
This template is to be used the next time your company needs to set out terms with an individual (i.e. not to be used for agreements involving a personal service company as defined within IR35). It sets out the terms on which a contractor provides services to a client company, and is perfect for freelance software developers, marketing consultants, designers, PR/HR/recruitment consultants.
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