Last May, Shutterstock, Inc. filed a Form S-1 Registration Statement with the U.S. Securities and Exchange Commission. You can find the Shutterstock Inc. contracts from the filing on our website.
In their S-1 statement, I noticed that company listed the use of “open source” software as a risk factor. The company explained that “[s]uch open source licenses typically require that source code subject to the license be made available to the public and that any modifications or derivative works to open source software continue to be licensed under open source licenses.”
If you use “open source” software in your business, keep this risk factor in mind.
Audience Inc. recently issued a press release that “it is unlikely that OEM (Apple Inc.) will enable Audience’s processor IP in its next generation mobile phone.”
Audience Inc. contracts have been added to the site, including the Master Development and Supply Agreement, as well as the Statement of Work, between Apple Inc. and Audience Inc.
Under the Offer Letter from Yahoo! Inc. to Marissa Mayer, Ms. Mayer will be receiving an annual base salary of $1,000,000, which was the same rate for Scott Thompson and Carol Bartz.
See: Yahoo! Inc. contracts
From Elizabeth Travis Management, Inc. v. Randy Travis, you can find a personal management agreement that is at the center of their lawsuit. The agreement starts at page 13 of 25 from Attachment 1 to the Notice of Removal.
As the prospectus states, the company is “not engaged in the growing, harvesting, cultivation, possession, or distribution of cannabis.” Instead, it is a service provider to the medicinal cannabis industry in the areas of media, technology, medical clinic management, merchant credit card processing, and marketing.
You can find the contracts harvested from the Form S-1 filing on the website now.
Obvious risk factors:
- Some of the business activities of some of our customers, while believed to be compliant with applicable state law, are illegal under federal law. If our customers are closed by law enforcement authorities, it will materially and adversely affect our business.
- Because the business activities of some of our customers is illegal under federal law, we may be deemed to be aiding and abetting illegal activities through the services that we provide to those customers. As a result, we may be subject to actions by law enforcement authorities, which would materially and adversely affect our business.
- Our websites are visible in jurisdictions where medicinal use of cannabis is not permitted, and as a result we may be found to be violating the laws of those jurisdictions.
While looking at some Plantronics Inc. contracts, I spotted this interesting Development and Manufacturing Agreement between Plantronics B.V. and GoerTek, Inc. which contained a Foxconn Clause. Basically, Plantronics conditionally agreed to not use Foxlink/Foxconn as a supplier of Bluetooth or corded headsets.
Some Entropic Communications contracts from their recent securities filings.
Just spotted a Seafarer’s Agreement between Carnival Cruise Lines and a Galley Steward from April, 2008.
Seafarer shall be paid the wage of $14.8352 USD for each day of work, including overtime. This daily rate translates to a monthly wage of $450.0000 USD.