I own a website and just sold 1/2 of the ownership to a friend of mine.
I added his name to the registrar, but he is wanting some sort of "joint-ownership" contract that says: I, John West, am entitled to a) 30% revenue of ___ site and b) 50% sales in the event the domain is sold.
As a designer/admin, I am also wanting to state that a) I will retain all intelectual propery, such as: logos, business trademarks and b) 100% control of the business itself.
I know this forum is primarily focused on TGPs and flaming, but if anyone could point me in the right direction of how to get this paperwork started, or to some other forum, it would be very much appreciated.
Thanks
