I’ve experienced a business project where a legal basis was rushed because of trust issues, although the outline of the whole project was not clearly settled yet. In the end, it didn’t help build trust and the mismatches in the set-up lead to a lot of costs later on. It’s just one experience, but I would caution against rushing this decision. I think at the start of a project there has to be enough trust to rely on intentions, else it might be better to wait a bit until more can be seen. To me the intentions are very openly and clearly worded here. If all this is just set up as deceipt, in my experience that gets evident soon enough.