All Definitions
¶¶Òõ¶ÌÊÓƵ's algorithm has begun to pull terms, relevant taxonomical data from legal templates and databases worldwide. Wherever possible we will cite the source of the legal definition to support your legal research needs.
Provision of services
Provision of services means commercial or prescribed activities where a [service provider] provides a service, and a [customer] pays for it
Proprietary Interest
Proprietary Interest means any form of ownership, either legal or equitable, in a business or entity.
Product Model
Product Model means a variant of a product having distinct or enhanced features, form, or functionality.
Promised Options
promised but ungranted Options that are the greater of those (i) promised pursuant to agreements or understandings made prior to the execution of, or in connection with, the term sheet or letter of intent for the Equity Financing or Liquidity Event, as applicable (or the initial closing of the Equity Financing or consummation of the Liquidity Event, if there is no term sheet or letter of intent), (ii) in the case of an Equity Financing, treated as outstanding Options in the calculation of the Standard Preferred Stock's price per share, or (iii) in the case of a Liquidity Event, treated as outstanding Options in the calculation of the distribution of the Proceeds.
Private Educational Institution
Private Educational Institution means a not-for-profit, educational establishment managed privately, offering certified degrees.
Quality Documentation
Quality Documentation means materials that detail the setup and operation of a Quality Management System
Property Employees
Property Employees means all workers partially or fully paid by a [entity], performing duties at a specific [property]
Professional College
Professional College means an educational institution, affiliated or established by a [university], offering professional degree courses.
Professional qualification
Professional qualification means established expertise or academic achievement emphasizing practical application across diverse fields
