Sample Mentor Protege Agreement

By 12 april 2021Niet gecategoriseerd

Be sure to check the new model when working on a protected mentor contract. l. The Protected () does not have a franchise agreement or license with the mentor. With little fanfare, the SBA updated the agreement model under the All Small Mentor Protected Program (ASMPP). The new model adds a number of questions in the check-box style, mainly about a possible membership between the mentor and the protégé. Be sure to carefully consider these new issues in the ASMPP model before submitting your application. These questions suggest that the ASMPP will conduct a little more investigations into the relationship between the proposed mentor and the protégé prior to the authorization of a match. F. Mentor and Protected do not have an agreement in principle to merge or sell shares to each other. The questions essentially reflect the assumptions of membership in 13 C.F.R. 121.103, although some are specific to a mentor-protected relationship.

For example, the question of whether a protégé has “mentor assets, including, but not limited to facilities or equipment” does not have an analogy in the sBa affiliation rules – which you appear to be specific to asMPP. The changes to Form 2459 contain questions about other tutoring and information agreements that could lead to an audit of the membership between the guardian and the protégé. E. Mentor or any of mentor`s owners owns any of the Protected shares or has the right to own any of the Protected shares, including stock options or convertible bonds. Mr. Le Mentor and the Protected did not create a joint venture that received several tender contracts more than two years apart or received more than three contracts. i. An owner or manager of the protégé is not () a family member of an owner or manager of the mentor. (Family members are limited to married couples, citizens` associations, parents, children and siblings.) N.

Mentor () does not have a good character and a favourable financial situation. If you answer in the affirmative to any of these questions, it is likely that the ASMPP office will ask for more information, so it is probably wise to anticipate by sending a statement as part of the first application. I. An owner or manager of the protégé and owner or manager of the mentor company do not have () several investments in common. H. An officer, director, executive member, associate, principal shareholder or collaborator of the Protected has no position of mentor () and does not previously hold a position of mentor, director, executive director, partner, principal shareholder or collaborator of the protégé.

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