When it comes to business dealings, having a contractual agreement is a must. This document lays out the terms and conditions of the agreement between two parties, and protects both parties in case of any disputes.
If you`re in need of a contractual agreement, here`s a sample to get you started:
[Title of Agreement]
This agreement (“Agreement”) is entered into between [Party A] and [Party B] on [Date]. The terms and conditions of this Agreement are as follows:
1. Services or Goods
[Party A] will provide [services/goods] to [Party B], as outlined in Exhibit A. The parties agree to work together in good faith to complete the [services/goods] in a timely and professional manner.
2. Payment
[Party B] agrees to pay [Party A] the amount of [Amount] for the [services/goods], as outlined in Exhibit A. Payment will be made in [Method of Payment] within [Number of Days] days of the completion of the [services/goods].
3. Warranties and Representations
[Party A] warrants that it has the necessary skills, qualifications, and experience to provide the [services/goods] outlined in Exhibit A. [Party A] also warrants that it will complete the [services/goods] in a professional and workmanlike manner.
[Party B] warrants that it has the necessary financial means to pay for the [services/goods] outlined in Exhibit A.
4. Indemnification
Each party agrees to indemnify and hold harmless the other party, its affiliates, officers, directors, employees, agents, and representatives from any and all claims, damages, liabilities, costs, and expenses arising from or related to the performance of this Agreement.
5. Termination
Either party may terminate this Agreement at any time by providing written notice to the other party. If [Party B] terminates this Agreement, it will be responsible for payment for all [services/goods] up to the date of termination.
6. Governing Law
This Agreement will be governed by and construed in accordance with the laws of the State of [State], without giving effect to any choice of law or conflict of law provisions.
7. Entire Agreement
This Agreement constitutes the entire agreement between the parties and supersedes all prior or contemporaneous understandings, agreements, negotiations, representations, and warranties, whether oral or written.
[Party A] agrees to keep confidential any information provided by [Party B] in connection with this Agreement.
If the above contractual agreement fits your business needs, feel free to use it as a starting point for your own agreement. However, it`s important to note that every contractual agreement should be tailored to fit the unique circumstances of the particular business relationship. Therefore, it’s recommended that you consult with a legal professional to ensure that your agreement covers all important aspects of your business relationship and that it complies with all applicable laws.