Northdude
25-05-2013, 10:33 AM
Hi all, i am in the process of merging my company with another, I am entering with a lot more clients than the other party but deciding to merge for other reasons, I have been told by various business owners to get a contract drawn up stating that if the partnership did fail and we went back to our old companies that I and the other party could retain the clients we entered the partnership with and the other party could not poach or carry out work for the others clients, basically if I want to part I want the customers that I originally had and vice versa, has anybody had any experience with this and how effective could this contract be? I just want to know that I have a safeguard if things don't work out, any advice will be much appreciated, thanks :eek: