After long and heated negotiations, an agreement is the result of the compromise between the parties involved. Some agreements are merely spoken, with each other’s words being the only guarantee that the terms of the agreement will be met by both parties. Other agreements are written down, documented, and filed, ready to be pulled up in case things would not go as planned somewhere down the road.
Even if you might not foresee a future where you would need it, having an agreement written, drafted, and filed could protect you should the unexpected become reality. See these Agreement Samples that you should familiarize yourself with and download the template files for free.
Service Level Agreement Examples
Internal Service Level Agreement
HR Service Level Agreement
Building Service Level Agreement
Executive Employment Agreement
Executive Director Employment Agreement
Reverse Repurchase Agreement
Global Master Repurchase Agreement
Stock Repurchase Agreement
Business Partnership Agreement
Limited Partnership Agreement
Partnership Dissolution Agreement
Economic Partnership Agreement
Month-to-Month Rental Agreement
Room Rental Agreement
Standard Rental Agreement
Rental Lease Agreement
What Is an Agreement?
An agreement is the terms agreed upon after a period of negotiation. Agreements may either be verbal agreements or written agreements. Verbal agreements are simply spoken by the parties while written agreements are in written form. Ideally, a verbal agreement is always translated into a written agreement to make the terms official.
While both are equally binding and legal in the eyes of the court, a verbal agreement is difficult to prove. Without sufficient evidence of the agreement, it could be tossed by the court and dismissed as hearsay. A written document is a physical proof that both parties promised to uphold the terms agreed upon. If well-written and deemed valid in court, a written agreement could undergo litigation and hold the party who does not keep the terms liable for damages. This could result to the payment of fines or whatever consequence is defined in the breach of contract clause defined in the agreement, if any.
Why Should You Have a Written Agreement?
A written agreement is necessary proof of promise between two or more parties. Especially in serious matters that involve finances, a written agreement is usually drafted before any work is done. In this dangerous society where empathy is on the decline and greed continues to rise, it is important to take precautions to protect all our interests. In short, a written agreement is drafted because
there are people who would lie to get what they want,
there are people who would cheat others to get ahead,
there are people who might misunderstand each other,
there are people who forget what they’ve agreed to, and
there are people who suddenly disappear without a breath of warning.
What Are the Advantages of Having a Written Agreement?
Making sure to have all your papers in order is one way of protecting yourself from possible legal troubles somewhere down the road. A written agreement may serve as both a cushion to fall upon or a weapon of self-defense should you ever find yourself in a legal battle. Here are a couple of reasons why it is advantageous to have your agreements printed up, signed, and notarized by an authorized official:
A written agreement makes sure that the terms and conditions in the agreement are clear. It avoids any miscommunication between the parties.
A written agreement sees to it that the parties who signed and agreed to it will uphold the terms and conditions, or else they would be held liable for the breach.
A written agreement makes sure that the terms that were agreed upon by the parties are fair to all, or else it will not be considered valid and will not be eligible for litigation.
A written agreement, unlike a verbal one, can easily produce evidence that the parties have agreed to the terms they claimed. A verbal agreement is difficult to prove with evidence that are legally acquired. Often, these turn into a he-said, she-said case and would likely be dismissed in court unless better evidence spring up.
Residential Tenancy Agreement
Short-Term Tenancy Agreement
Tenancy Residential Agreement
Agreement Termination Letter
Rent Agreement Letter
Debt Payment Agreement Letter
Payment Agreement Contract
Professional Service Agreement Contract
Employee Agreement Contract
Agreement to Lease Form
Loan Agreement Form
Purchase Agreement Form
Copyright Assignment Agreement
Patent Assignment Agreement
Assignment of Lease Agreement
Assignment of Contract Agreement
Types of Agreements
Most people go through a stage in life where they find themselves under the illusion of being untouchable. We don’t ever expect the storms in life and because of that, we are unprepared for whenever life doesn’t go swimmingly. In this article are some of the agreements that you would most likely come across at least once in your lifetime.
Business Partnership Agreement
Business Termination Agreement
Divorce Settlement Agreement
Binding Financial Agreement
Binding Child Support Agreement
Legal and Binding Agreement
Collective Bargaining Agreement
Faculty Collective Agreement
Academic Collective Agreement
Staff Collective Agreement
Divorce Settlement Agreement
Mutual Divorce Agreement
Separation Financial Agreement
Financial Settlement Agreement
Financial Confidentiality Agreement
Rental Lease Agreement
Commercial Lease Agreement
Blank Lease Agreement
Land Lease Agreement
Business Partnership Agreement
Having a business partner comes with as many benefits as headaches. Having someone to face business problems with you and help you come up with solutions might be a huge weight off your shoulders, but when the buddy you’re in business with is the one causing the headaches, well, that’s why a business partnership agreement is an important document that should be signed and sealed before either of you invest even a single dime into this venture.
If you’re planning to come into business with a friend, make sure that your business partnership agreement include these terms:
Explicit statement of the expectations from each partner
Right from the start, it should be clear what kind of and how much work is expected from everyone in the business. If one person is simply the financier and providing capital while the other is the person doing all the work, this should be clear in the agreement to prevent arguments and whatever accusations that may result from this arrangement.
Clear division of assets and ownership
A business partnership is not always a 50-50 division. The agreement must state how much control each partner has over the movement of the business and how much ownership of the company each is entitled to. This could help solve problems in compromising and decision-making, especially when there are only two partners.
Terms of discontinuing the business venture
If a partner decides to opt out of the business or wishes to terminate their contract, they could undergo the process as stated by the agreement contract to ensure a smooth transition in the shift of company power. The provision stating the division of assets would also help figure out how much the worth of each share is in case someone wishes to buy out one or more shares of company ownership.
Loans are tricky matters. The laws of different countries differ when it comes to debts and the inability (or perhaps even refusal) to clear them. Before you agree to let someone borrow money, you should check beforehand what your country’s laws are regarding protection for lenders’ interests. Always make sure that before you let anyone borrow a large amount of money from you, have an agreement drafted saying they will pay you back. Make sure that the agreement have the following terms:
Exact amount loaned and its interest
Exactly how much someone owes you should be stated in your agreement in both number format and word format. This makes sure that there is no confusion on the amount in case one of the parties forget or misremember. If it was agreed upon that the loan would be paid back with interest, this should be stated in the agreement contract.
Exactly how much and every what period of time a payment is to be made should be specified in the agreement contract. Is it the full amount with a fixed interest rate in a month? Or is it just a percentage of the debt every couple of weeks? Whatever the negotiated arrangement is, it should be clear in the contract to avoid complications of the matter.
In the event of inability to pay debt
The agreement contract should also state if a collateral was given in exchange of the money. Oftentimes, the collateral is something that has more value that how much was owed. The agreement contract should say what should happen to these items in case the borrower is not able to return the money. If no collateral was given, the contract could state what should be done should the debt not be cleared within the specified time.
Joint Operating Agreement
Business Operating Agreement
Operating Level Agreement
Attorney Retainer Agreement
Legal Retainer Agreement
Retainer Fee Agreement
Consulting Retainer Agreement
College Roommate Agreement
Roommate Rental Agreement
Roommate Lease Agreement
Master Service Agreement
Public Service Agreement
Service Level Agreement
Service Provider Agreement
Trade Facilitation Agreement
Preferential Trade Agreement
Babysitting Consent Agreement
Informed Consent Agreement
Disqualification Consent Agreement
It may seem so pessimistic and cynical to make the person you’re supposed to trust above everyone else to sign an agreement like this before you commit your entire lives to each other, but a prenuptial agreement is simply a precaution in case love isn’t enough to keep you together. If anything, a prenuptial agreement might even be what saves you from messy divorce proceedings. A prenuptial agreement usually says that should a couple divorce, the financials and properties of each part of the couple are not to be shared. Other prenuptial agreements, however, have other absurd provisions that, at a glance, you might think was a joke. Check out the other Sample Agreements we have online to get a glimpse of how most prenuptial agreements are formatted and drafted.
Divorce Settlement Agreement
Unlike an annulment, a divorce does not nullify a marriage. An annulment is to say that the marriage never happened while a divorce acknowledges the marriage and ends it. While saying goodbye to the one you thought you’d take your last breath with is a terribly sad matter, it is made even more difficult by a long and torturous divorce proceeding. For couples who wish to speed the process up, they decide to simply just settle the matters outside the court. For these situations, a divorce settlement agreement is drafted and signed by both parties. Most divorce settlement agreement should have the following terms:
Division of Assets and Properties
If the couple has agreed on how their joint finances, and other conjugal properties will be divided, the agreement should be very explicit with the division as to avoid future claims made by one or the other.
Custody of Pets and Children
If the couple have children and pets together, the divorce settlement agreement must be very clear on who has custody of them. If a joint custody was agreed upon, then the divorce settlement agreement contract should state how long the children and pets would stay with one parent and how often the child and pet would move around. This might also include where and with whom holidays will be spent.
Alimony Payments and Child Support
If there is an agreed upon alimony checks and child support checks agreed by the couple, the amount and days they are due should be stated in the divorce settlement agreement. Consequences for failure to abide by the agreement should also be explicitly stated in the agreement contract. If there is an existing prenuptial agreement, this should also be put into consideration before discussions of a divorce settlement.
While filing for a divorce and negotiating its terms is already a highly personal matter in itself, remember to first consult your lawyers before you affix your signature in anything. Losing the person you married is already hard enough. You don’t have to lose your constitutional rights as well.
To be able to hold weight in court and be eligible for litigation, an agreement contract must first be considered valid in the eyes on the court. This can be done if the contract meets the following terms:
The contract must have been signed by people who are mentally fit and of legal age at the time of the signing. People who were under the influence of mind-altering substances (such as alcohol or drugs), mentally unfit, or in a state of grief or shock are not considered able to make a sound decision regarding legal matters (or any other matter).
The agreement must have been entered into willingly.
The agreement must have terms that are deemed fair to all parties involved. If the terms are considered unfair, it will not be tossed in court. If the contract is breached, the offending parties will not be held liable.
Before signing any agreement contract at all, be sure that you have thoroughly read all the provisions in it. If there is anything that is unclear, talk to the other parties and your attorneys. See the other Sample Agreements that are available on the site for more information.
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