Good afternoon, would really appreciate some help on an agreement/contract terms and whether my understanding is correct. I will try and summarise as best I can. I have an arrangement with a company where I provide services to market and grow their business and develop their brand. Fell into it by chance and the last couple of years has been a steep learning curve for me relative to running a business and understanding the value of what I do. The relationship isn’t fantastic as we have had some differences about the agreement we have in place (they have tried to remove financial incentives as they see the business grow and they also reneged on a promise of shares). Overall, I do a great deal for them but it’s all on a commission structure so whilst the business has been growing the true value of what I have brought, and my time hasn’t really been recompensed at its value. At the beginning I was Ok with it as I thought I had the shares and now I have set some parameters around what I am willing to do for the commission, anything over and above that will be charged as part of my consultancy services going forward (I have done a lot that is over and above my brand development role to help them) We have never had a signed contract detailing the expectations for both parties, but we have written terms of how our agreement works and have been working with those terms over the last 24 months, they are high level and mostly cover the financial side of our arrangement. We have no written termination clauses presently. They have been trying to renegotiate the terms of our agreement for about six months, mostly everything they have come up with is a detriment to me with no real justification of their proposals and when challenged with data and justification for keeping certain financial incentives to pay for my time/skills they then come up with another proposal. So you have a summary of the background, I have put a deadline on getting a revised agreement in place (end of June) as I have also some elements that do not form part of the original agreement (termination clause that includes a notice provision, also a financial severance package at the end of the 3 year contract in absence of the shares) My questions are: If we can’t reach an agreement, can they refuse to continue with some of the financial incentives in place or would this be a breach of contract? If this happens what should I do? I’m thinking that any changes must be mutually agreed and can’t just be implemented. They are keen to get the financials sorted and then work on my termination terms after that but with their track record I want all parts of the arrangement agreed upfront as otherwise it leaves me vulnerable and provides them no incentive to get what I need sorted out. If we get into a position where we can’t move on from our respective standpoints, should a reasonable notice period apply in absence of a written termination clause? They agreed in writing some time ago to some sort of residual income at the end of the new contract (this forms part of the termination terms I am looking at) would this still apply in principal under this arrangement if we couldn’t move forward. Thanks for your time and apologies for the length of the email.