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The Startup CPG Podcast

Co-Man Contract Pitfalls

The Startup CPG Podcast

Startup CPG

Startup, Food, Business, Beverage, Cpg, Entrepreneurship

4.9642 Ratings

🗓️ 17 January 2022

⏱️ 49 minutes

🧾️ Download transcript

Summary

What are the major watch-outs for a co-man contract? What should be there, and what shouldn't? What's boilerplate, and what might hurt you and the relationship in the long-run? Lauren Handel joins us to cover both the legal and the common-sense side of these agreements. Lauren is the Principal Attorney of Handel Food Law, a law firm dedicated to food, beverage, and farming businesses. Listen in as Lauren walks through the process of forming a great contract with your co-manufacturer from key contract provisions, to common red flags, to planning for amicable endings, and more. Handel Food Law is a proud sponsor of Startup CPG. Note: This presentation provides general information, not legal advice. You should consult an attorney for advice suitable for your specific needs. Unless you have entered into an engagement agreement with a specific law firm, you are not a client of that firm. Episode Links: Handel Food Law’s website Lauren's LinkedIn Contact info@handelfoodlaw.com for more information Show Links: Join the Startup CPG Slack community (5K+ members and growing!) Follow @startupcpg Visit host Jessi's Linkedin or website Questions or comments about the episode? Email Jessi at jessi@startupcpg.com

Transcript

Click on a timestamp to play from that location

0:00.0

Some red flags would be definitely if they don't immediately propose an NDA, even if they don't have

0:10.4

their own form, if they don't expect that to be part of the process early on, that would be a huge

0:15.1

red flag because confidentiality is so important and it's really just not professional in that

0:20.2

industry to not respect that.

0:22.6

Welcome to the Startup CPG podcast. I'm your host, Jesse Freytag. What are the major watchouts

0:28.0

for a co-man contract? What should be there and what shouldn't? What's boilerplate and what might

0:33.5

hurt you in the relationship in the long run? Lauren Handel joins us to cover both the legal

0:38.3

and common sense side of these agreements. Lauren is the principal attorney of Handel Food Law,

0:44.2

a law firm dedicated to food, beverage, and farming businesses. Listen in as Lauren walks through

0:49.6

the process of forming a great contract with your co-manufacturer from key contract provisions to common red

0:55.2

flags to planning for amicable endings and more.

0:59.1

Hi, Lauren.

1:00.0

Welcome to the show today.

1:01.4

So glad you're here.

1:02.4

How are you?

1:03.3

Good.

1:03.6

Thanks for having me.

1:04.5

Awesome.

1:05.0

Well, I'm so excited to talk with you today about co-manufacturing contracts, a hot topic for everyone. And I'm excited to be able

1:13.3

to share this with our startup CBG community. Is it something that we have, we have contract

1:17.1

manufacturers and brands, both in the community, both trying to navigate what can be a tricky

1:22.5

topic when we're trying to get the best outcome for everyone. So I'd love if you could just give us a little bit

...

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