Most insurance policies are written for a specific term. Business auto polices, for example are usually written for the term of one year. In a perfect world, one-year policies come and go without need ...

Lee Edwards, partner at Root VC, has a saying at his firm that “pro rata rights are earned, not given.” That may be a bit of a stretch since pro rata refers to a term that VCs put in their term sheets ...

Pro rata ensures equal treatment based on stake or time in financial transactions like mortgages. When shifting insurance mid-plan, pro rata calculations secure partial refunds based on unused ...

In the context of a term sheet, pro rata rights (or pro rata) govern whether investors may continue to invest in subsequent rounds of funding in proportion with their ownership. Investors with pro ...

Pro rata rights or proportional rights let existing investors keep their ownership stake by investing more when a company raises funding. Pro rata rights, sometimes called proportional rights, are ...

Pro-rata rights are one of the most important rights of private market technology investors and yet are seldom fully understood. They often create the biggest tensions between investors who are ...

With rumblings growing about the Big 12 possibly adding Gonzaga, some extra context has been reported about the pro rata clause included in the conference’s new media rights deals. First, as reported ...

BOSTON (CN) — A popular Maine law that forces cable companies to give a pro-rata refund to TV customers who quit in the middle of a month was upheld Tuesday by the First Circuit. Although the 1984 ...

A salaried employee is someone who is paid based on an annual amount, rather than by an hourly rate. Salaried employees are usually full-time workers, although some work part time. Their salaries are ...