1. Agreement should always be the very first thing before any project starts. Most disputes happen after a project is generating revenue.

2. No verbal agreement. When putting it to words, you’ll find it more serious. I’d agree that it was not easy to put everything into writing, especially things like expectation. There must be certain kind of measurement. If there is no, how would you be able to value the performance of someone? The harder it is, the more important an agreement to be signed.

3. Agreement must be offer-to-offer. This means, it supposes to sound ‘you are getting xxx% of share for xxx amount of work done’ or ‘I will work xxx amount of work to get xxx% of share’. I found this missing in most of Chinaman’s ageement, it’s more like a offer-to-accept or accept-to-offer. I blame ‘儒家思想‘ on this matter!

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