When two parties come together to enter into a business agreement, it is important to put everything down in writing and have both parties sign the agreement. This helps to avoid confusion and misunderstandings in the future. As a professional, I understand the importance of creating high-quality content that is search engine friendly. In this article, I will provide a sample copy of an agreement between two parties.
Sample Copy of Agreement between Two Parties
This agreement (the “Agreement”) is entered into on [Date] by and between [Party A], located at [Address] and [Party B], located at [Address].
1. Purpose
The purpose of this agreement is to establish a business relationship between Party A and Party B for the provision of [Goods/Services] as outlined in Exhibit A.
2. Payment
Party B shall pay Party A the sum of [Amount] for the [Goods/Services] rendered. Payment shall be made within [Number] days of the date of invoice. Failure to pay within the allotted time shall result in interest charges of [Percentage] per month.
3. Term
The term of this Agreement shall be for [Duration] commencing on [Start Date] and ending on [End Date]. Either party may terminate this Agreement at any time upon [Notice Period] written notice to the other party.
4. Representations and Warranties
Party A represents and warrants that all [Goods/Services] provided under this Agreement shall be performed in a professional and workmanlike manner and in accordance with all applicable laws and regulations. Party A further represents and warrants that it has all necessary licenses and permits required to provide the [Goods/Services].
Party B represents and warrants that it has the authority to enter into this Agreement and that it shall pay Party A the sum outlined in Section 2.
5. Confidentiality
Both parties agree to keep all confidential information disclosed during the course of this Agreement confidential. This includes but is not limited to trade secrets, business plans, and customer lists.
6. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the state of [State] without regard to its conflicts of law provisions.
7. Entire Agreement
This Agreement constitutes the entire agreement between the parties and supersedes all prior negotiations, understandings, and agreements between the parties. This Agreement may not be amended or modified except in writing signed by both parties.
8. Counterparts
This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one instrument.
In conclusion, entering into a business agreement is a serious undertaking, and putting everything down in writing can help to avoid misunderstandings and conflicts. As a professional, I hope that this sample copy of an agreement between two parties will be helpful to those who are looking to create a solid business relationship.