Proactive Management of Incentives Deals
(1).png)
16 Sep 2020
If you or your clients have incentives contracts, now is the time to examine your incentive agreements to understand the potential risks if your company is unable to perform key obligations.
The first step in any crisis is to determine exactly what the problem is. Review your incentive agreements to confirm with specificity your obligations. Second, closely review the language of your agreements to determine if any of your obligations can be delayed due to a “force majeure” provision, a “market conditions” provision, or a similar provision. Third, as soon as the crisis begins to abate, and perhaps sooner in certain situations, contact your incentive counterparty to discuss potential options.
More Topics
(1).png)
A Heightened Focus on Reshoring
Sep 14 2020The COVID-19 pandemic exposed the risks inherent in the global supply chain, particularly the worldwide reliance on China for medical supplies. The supply chain turbulence experienced during the pandemic undoubtedly will impact future business decisions, extending beyond medicine to other industries, including electronics, aerospace, automobiles, defense, consumer products, and technology...
(1).png)
In the marketing world, many businesses focus on ROI (return on investment). However, when the business does not obtain the immediate monetary results it desires, the decision makers begin to pull away from social media marketing. This is especially true with ROI during a time of crisis, such as the...
(1).png)
The last several years of corporate site selection have been influenced by many trends. Among these are corporate tax cuts, a red-hot industrial real estate market, the explosion of e-commerce, increasing trade protectionism, record economic growth and, in a stunning reversal, a global health pandemic and recession. It seems the...
