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In conducting the necessary transactions to the formation of a corporation, a promoter who may not be an incorporator, frequently enters into preincorporation agreements, including agreements with third parties, formal agreements and resolutions to incorporate, and stock subscription agreements.
: to incorporate again: such as. a : to form or cause (something or someone) to form a corporation again U.S. companies reincorporate abroad 2026 to avoid paying U.S. taxes. Peter Beinart 2026
Terms may be incorporated by being printed on or referred to in the contract. For example, if a customer signs an order form which states that your Terms and Conditions apply and those terms are either attached or are said to be found at a website address.
Meaning. A pre-incorporation contract is an agreement that is made by a person at the behest of a company or corporation that does not exist at the time of signing such agreement. These agreements are entered into as there are preliminary contracts and expenses incurred before an organization takes form.
It sets out such details as the name of the corporation being formed, its purpose, the names of the directors and officers at the time the business is incorporated, share distribution, and even salaries for the directors and officers.