Handshake Agreement


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Handshake Agreement

An informal agreement in which major points are decided, but details may still need to be discussed. A handshake agreement is not finalized but indicates that the deal in question is likely to take place. A handshake agreement is often, but is not always, oral, rather than in writing.
References in periodicals archive ?
Would you give a handshake agreement to Mr Warren and then go back on that promise?
Some may also note Lariviere's involvement in the Bellotti affair - his decision to ask the athletic director to resign, his handshake agreement on the severance deal and the university's delay in correcting earlier misrepresentations about the deal.
But since the handshake agreement, the building has been at the center of complex negotiations over where to house the LAPD and various city departments that are now in rented space downtown.
In the years to follow, many franchisees joined the KFC system by a simple handshake agreement with Colonel Sanders to share his wonderful fried chicken recipe.
Although a handshake agreement between the owners of PC Laptops and Totally Awesome Computers kept the two firms focused on different segments of the personal computing marketplace (laptops and desktops, respectively), the two companies are completely separate legal entities with no cross-ownership whatsoever.
Waugh said he had a handshake agreement from EMC in January, but it took until last week to get everything signed.
We pretty much came to a real good handshake agreement.
20 /PRNewswire/ -- UPS and the Independent Pilots Association (IPA) yesterday reached a handshake agreement on a new contract with UPS's 2,100 pilots that sets the stage for a new round of explosive growth by UPS around the world.
3 million severance payment - under a handshake agreement would prompt howls of outrage and a barrage of shareholder lawsuits.
Carl Lindros, the star center's father and agent, said Friday his son would follow through on a handshake agreement with the club and sign a one-year, $8.
EST today, UPS and the Independent Pilots Association (IPA) reached a handshake agreement on a new contract for 2,100 UPS pilots.
But he said that over the years as head coach he sometimes worked without a contract or on a handshake agreement.