26 lines
1.5 KiB
Markdown
26 lines
1.5 KiB
Markdown
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# Deal Timelines
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- {{PARTY1}} expects {{PARTY2}} to promptly begin conducting business operations such as:
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- sales
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- marketing
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- business development
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- product management
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- software development
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- fundraising .
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- {{PARTY1}} expects {{PARTY2}} to put in
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- meaningful
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- diligent,
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- ongoing
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- focused
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efforts to generate revenue , free cash flow and profit.
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- A 180 calendar day period is hereby allotted for development and delivery efforts by {{PARTY2}} to occur from the date of execution of this contract.
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- If at the end of 180 calendar days the {{INSCOPEENTITY}} hasn't materially progressed, delivered free cash flow/revenue/profit results, otherwise delivered on discussed metrics or not well on the way to results delivery, the deal is hereby terminated and {{PARTY1}} will seize c
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- {{PARTY2}} is not required to provide any particular form / frequency of status updates during the period.
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- {{PARTY2}} may elect to provide status updates as they see fit.
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- {{PARTY2}} is welcome to utilize Known Element Enterprises Redmine instance if they wish to do so, The relevant project/roadmap for each organization is linked to in that organizations section.
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{{PARTY2}} is also welcome to use none at all. It's entirely up to {{PARTY2}} management discretion.
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- {{PARTY1}} will not provide any financial resources (beyond paying for domain registration and operating the current infrastructure). Any and all expenses are to be paid for by {{PARTY2}} as they will be receiving majority revenue , free cash flow or profit shar negotiated. |