Common use of Business Structure Clause in Contracts

Business Structure. Proposer shall include the following in its proposal: 1. Confirm that proposer is authorized to do business in California. 2. Identify the legal entity that would execute the Franchise Agreement. State whether each entity is a sole proprietorship, partnership, corporation, LLC, or joint venture. Describe in detail the relationship of the proposer to the executing entity. If the proposer is a joint venture, describe where the entities have collaborated before. 3. State the number of years the entities have been organized and doing business under this legal structure. Proposal must include all the names of company’s (and executing entities’ if different than company’s) owners/stockholders with greater than a 10% holding of the company's total assets. 4. Identify other businesses with ownership by principals and/or management. 5. Proposer shall describe all services to be performed by subcontractors, and identify each subcontractor by name. Proposer shall describe any current or past working relationship with the subcontractor(s) in the past five years. 6. Proposer shall declare its intent to offer or not offer employment to eligible employees of the current contractor as described in Section 3.6.3 of this RFP.

Business Structure. Proposer shall include the following in its proposal: 1. Confirm that proposer is authorized to do business in California. 2. Identify the legal entity that would execute the Franchise Agreement. State whether each entity is a sole proprietorship, partnership, corporation, LLC, or joint venture. Describe in detail the relationship of the proposer to the executing entity. If the proposer is a joint venture, describe where the entities have collaborated before. 3. State the number of years the entities have been organized and doing business under this legal structure. Proposal must include all the names of company’s 's (and executing entities’ ' if different than company’s's) owners/stockholders with greater than a 10% holding of the company's total assets. 4. Identify other businesses with ownership by principals and/or management. 5. Proposer shall describe all services to be performed by subcontractors, and identify each subcontractor by name. Proposer shall describe any current or past working relationship with the subcontractor(s) in the past five years. 6. Proposer shall declare its intent to offer or not offer employment to eligible employees of the current contractor as described in Section 3.6.3 of this RFP.