KEN KIRSCHENBAUM, ESQ ALARM - SECURITY INDUSTRY LEGAL EMAIL NEWSLETTER / THE ALARM EXCHANGE You can read all of our articles on our website. Having trouble getting our emails? Change your spam controls and white list ken@kirschenbaumesq.com ************************************ Increasing rates / PPP funding may still be available June 9, 2020 ********************** WEBINAR: Sign up for todays webinar now ********************** Title: Guarantee and hold back issues / valuation in era of coronavirus When: June 9, 2020 12 PM EST. Presented by: Ken Kirschenbaum,Esq. Guest panelists: Mitch Reitman Who should attend: Alarm owners Register: https://attendee.gotowebinar.com/register/4133674845025391119 ************************** Title: Understanding the buy-sell process When: June 16, 2020 12 PM ET Description: Webinar will explain the process. How to prepare for sale (contracts, proper entity, etc), understand RMR, attrition, the NDA process, negotiating the deal, responding to the LOI, due diligence, etc Presented by: Mitch Reitman and Dennis Stern,Esq Hosted by: Ken Kirschenbaum,Esq Who should attend: owners Register: https://attendee.gotowebinar.com/register/1607118070759099150 ****************** Increasing rates ****************** Ken Is there provision in the Fire All in One that permits us to increase our rates? Debbie ******************** Response ******************** All of the Standard Form Agreements have a provision which permits up to a 9% increase each year. If you don’t have the Standard Form Agreement then check to see if your contract permits the customer to cancel, or requires notice or permits you to retract the increase. If so, ask your lawyer to look for a copy of an updated Standard Form Agreement and copy the copyrighted right terminology. Or, you can buy an updated contract at www.alarmcontracts.com. ****************** PPP funding may still be available ******************** If you didn’t get PPP funding you may still have time. Contact K&K immediately. Call Steve Sheinwald,Esq at 516 747 6700 x 309. No matter what other advice you have gotten, call Steve now. Every one of our clients who signed up for our PPP program [https://www.kirschenbaumesq.com/article/pdf/005941-kk-cares-ppp-flat-fee-program.pdf] got funded and I am confident every one of them will have their loan forgiven, unless they don’t want to. If you have less than 500 employees you qualify. How much can you get? Figure your average monthly payroll for 2019 and times it by 2.5. Don’t include any salary above $100,000. As I write this we are waiting for the PPP program to be extended. It will likely be the law by the time this article is circulated. Sign up for the PPP Program today. You can only get one PPP loan, so if you got it already, that’s it. ******************* CONCIERGE LAWYER SERVICE PROGRAM FOR THE ALARM INDUSTRY You can check out the program and sign up here: https://www.kirschenbaumesq.com/page/concierge or contact our Program Coordinator Stacy Spector, Esq at 516 747 6700 x 304. *********************** NOTICE: You can always read our Articles on our website at ww.kirschenbaumesq.com/page/alarm-articles *********************** THE ALARM EXCHANGE
This area is reserved for alarm classifieds, alarm company announcements, solicitations, offers, etc. There is no charge to post a listing here.Include your contact information, phone, email and web site. If you would like to submit a post, please send an email to ken@kirschenbaumesq.com. To create a reciprocal link to our website, click here. ************************************************ Getting on our Email List / Email Articles archived: Many of you are forwarding these emails to friends or asking that others be added to the list. Sign up for our daily newsletter here: Sign Up. You can read articles and order alarm contracts on our web site www.alarmcontracts.com ************************** Ken Kirschenbaum,Esq Kirschenbaum & Kirschenbaum PC Attorneys at Law 200 Garden City Plaza Garden City, NY 11530 516 747 6700 x 301 ken@kirschenbaumesq.com www.KirschenbaumEsq.com
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