If you are buying a significant domain, always get a solid indemnification clause written into your purchase agreement. A solid indem clause with real bite to it should be about 2 to 3 pages long on a well written 20 page purchase agreement.
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Last edited by KRL; 03-22-2004, 01:59 PM.
If you would like to develop your domains, you can lease inexpensive foreign labor
from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!
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Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains -
rut rooo
Do I smell some bad fish messing with you?
Sorry to hear that if so..."fuck them well" if you can...
:/Investor with 5m - 15m USD to invest. Do you have a site or network of sites earning 50k - 200k a month income? Email your contact and preliminary data to: domain.cashventures (at) gmail.com....Please...no tire kickers...serious offers and inquiries only.
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what would this clause state ?Comment
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No bad fish. Just in light of that other post today, wanted everyone to know you should always have a solid indemnification clause in your purchase agreements in case of "after the fact" type discoveries.Originally posted by TheJimmy
rut rooo
Do I smell some bad fish messing with you?
Sorry to hear that if so..."fuck them well" if you can...
:/
A company fucks over a lot of people using the domain XYZ.com for example. The scammer sells XYZ.com to someone. Now the new owner could be named in the lawsuit as well. If you would like to develop your domains, you can lease inexpensive foreign labor
from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!
*** *** *** *** *** *** *** *** *** *** *** ***
Domains Adult News KRL's Newsletter Biz Tips Just Listed DomainsComment
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Indemnification clauses essentially protect you from any unknown third party claims that arise after the transaction is completed.Originally posted by galleriesx
what would this clause state ? If you would like to develop your domains, you can lease inexpensive foreign labor
from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!
*** *** *** *** *** *** *** *** *** *** *** ***
Domains Adult News KRL's Newsletter Biz Tips Just Listed DomainsComment
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Originally posted by KRL
No bad fish. Just in light of that other post today, wanted everyone to know you should always have a solid indemnification clause in your purchase agreements in case of "after the fact" type discoveries.
A company fucks over a lot of people using the domain XYZ.com for example. The scammer sells XYZ.com to someone. Now the new owner could be named in the lawsuit as well.
ahh, I missed this drama, but just caught up a bit...good advice as usual, thanks for the heads up on the possible casino scammers...seems as if they run rampant in that biz...Investor with 5m - 15m USD to invest. Do you have a site or network of sites earning 50k - 200k a month income? Email your contact and preliminary data to: domain.cashventures (at) gmail.com....Please...no tire kickers...serious offers and inquiries only.Comment
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Excellent advice KRL for current and prospective buyers
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Thanks !Originally posted by KRL
Indemnification clauses essentially protect you from any unknown third party claims that arise after the transaction is completed.
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