Contract For Equity In Bronx
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The Local Court civil jurisdiction deals with civil claims up to $100,000. It deals with most criminal matters including summary offences, which are crimes such as stealing, assault and possession of drugs. More serious offences are referred to the District or Supreme Court after a committal hearing in the Local Court.
The Civil Court has monetary jurisdiction up to $50,000.00, including replevin when the value of the chattel does not exceed that amount. It has jurisdiction of real property actions, such as partitions, and foreclosures, within the monetary limit.
The Civil Court of the City of New York - has jurisdiction over civil cases involving claims up to $25,000 and other civil matters referred to it by the Supreme Court. It includes a small claims part for claims not exceeding $5,000 and a housing part for residential landlord-tenant matters and housing code violations.
If you or your corporation has a dispute and the amount of the claim is $50,000 or less, you can get assistance in Civil Court. For the most up-to-date information on court operations, check the Civil Court website.
In general, a jurisdiction clause should state whether it is exclusive or permissive in nature, and specify what claims are subject to its reach. New York courts will apply the governing law designated in the contract to interpret the nature and scope of the jurisdiction clause.
The Civil Court has monetary jurisdiction up to $50,000.00, including replevin when the value of the chattel does not exceed that amount. It has jurisdiction of real property actions, such as partitions, and foreclosures, within the monetary limit.
Equity agreements allow entrepreneurs to secure funding for their start-up by giving up a portion of ownership of their company to investors. In short, these arrangements typically involve investors providing capital in exchange for shares of stock which they will hold and potentially sell in the future for a profit.
These agreements provide minimum salaries, benefits, job security and numerous other provisions to ensure safe working conditions and a work environment where actors and stage managers are protected. Equity contracts for individual members usually cover jobs in three categories: Principal, Chorus and Stage Manager.
Equity Contract means a contract which is valued on the basis of the value of underlying equities or equity indices and includes related derivative contracts.
