A business agreement is a concession between two or more parties who come into a common understanding of a business-related issue or topic. A partnership agreement is one of the examples of a business agreement where two or more parties pool their resources to acquire a return on capital. If you’re wondering how you can come up with a contract agreement in a short time, we can help you out with our ready-made professionally designed agreement sample templates.
Simple Business Agreement Contract Template
Make things easier for you in terms of creating an agreement document by downloading our business contract agreement template in MS Word. This document will allow you to conveniently list out all the terms and conditions of the business deal so that both parties can come to a mutual understanding. It is legally compliant, so make sure to try this one out now!
Business Manager Agreement Contract
Do you need a legal agreement template that will help you out in outlining the roles and responsibilities of your new business manager? If so, then this business manager contract template is just the right one for you. It has ready-made content that can be easily modified to suit your details by simply downloading and opening this template document in any of the file formats.
Business Associate Agreement Template
The role of a business associate is to achieve particular functions that include the utilization or disclosure of protected health information on behalf of a covered entity. A business associate must sign a contract that protects the health information according to the guidelines of the Health Insurance Portability and Accountability Act. If you download our agreement template, you will be able to customize it because of its compatibility with most file formats.
Structure of a Business Agreement
A business agreement is created with this structure as presented in the sample agreement:
1. Effective Date of Agreement
At the start of the agreement, mention the date on which the agreement is taking place. Include the date along with the month and year.
2. Parties Involved Noted
After the agreement date is set, note down information relating to the business entities and individuals involved in the agreement. The name of the companies and the type of business that is being carried out should be specified. THeir addresses should be mentioned as well.
3. Obligations and Commitments
This section should give details regarding the commitment of both parties towards the business agreement. These obligations may be through volunteering or assigning.
4. Payments and Contributions
The pooling of resources of parties not only covers the industries but also the amount of money. Discuss the due dates of these contributions and payments similar to the example on the lease agreement template.
5. Cancellation Clauses
Specifications on the procedures that will take place if the business agreement is terminated before the set termination date should be mentioned in this section.
6. Signature of Parties
Once the agreement is made final, every individual must affix his signature for confirmation towards the end of the document.
Drafting a business agreement requires the presence of the business entities and individuals involved. To create a smooth business agreement, there must be clear stipulations of the needed duties of each party to achieve the shared goals of the business agreement.
Business Development Agreement
Download and use this “Business Development Agreement” template in order to employ a delegate who can promote and develop business for a company. Through this template, state the conditions and terms of a partnership between a client and a developer along with the roles and responsibilities of each party, termination of the agreement clauses and modes of payment.
Simple Business Agreement Between Two Parties
If there is a business agreement taking place between two parties, then you can download and use this agreement template. Upon doing so, it will allow you to simply and effectively lay all of the important terms of the agreement. There is also a separate space at the end of the document for the signature of both the parties. So, don’t miss out on this template, download and start customizing now!
Agreement Relating to the Principal Place of Business Template
If you happen to rent space or units that belong to another company, then use our “Agreement Relating to the Principal Place of Business” template to legalize the use of the other Company’s address as your own for conducting business operations. Set the standard terms and conditions in the document or simply add or remove any of your chosen conditions by instantly downloading this template.
Business Investment Agreement Template
It is always wise to put your business investment in writing because you never know when you’ll end up making profits from them. If in case you’re having a hard time forming a business agreement, simply download our “Business Investment Agreement” template which comes with well-written and customizable content. It has just the right content you need to come up with a legally binding agreement.
Small Business Agreement of Compliance
Business Associate Agreement
Business Partnership Agreement
Vital Elements of a Business Agreement
The Agreement Templates in PDF presented on this website show the following elements contained in a business agreement:
- Meeting of the Minds – Parties must come to a mutual understanding when it comes to business agreements.
- A Clear Stipulation of Goals – In a business agreement, the involved parties should indicate clearly what they want to accomplish, what duties to fulfill, and what commitments to do as shown on payment agreement templates where payment amounts and dates are specified.
- Prepare for the Unexpected – No matter how cautious the parties are in fulfilling the agreement, there are uncontrollable factors that may affect the agreement. There must be a process indicated to face these circumstances.
Most business agreements have that element of a confidentiality agreement in them as the agreement must be known by the business parties that are involved in the closed-door meeting.
Confidential Business Information Agreement
Business Acquisition Agreement
Purchase and Sale of a Business
Agreement for Sale of Business
Business Transfer Agreement
Difference Between an Agreement and a Contract
The words “agreement” and “contract” are words which are used for the same definition in a business sense and are also used interchangeably. But these terms have certain differences and they are stated as follows:
- An agreement can be either in verbal or in written form; while a contract must be in written form.
- An agreement may not always be enforceable by law; whereas a contract has legality in its nature which concludes that it is enforceable by law.
- An agreement is similar to a promise and is not binding; contrary to a contract whereby the document produced by all the parties legally binds them to the written stipulations.
Although different from an agreement, a contract agreement is a form of agreement wherein parties take legal consideration.
Business Loan Agreement
Business Consultant Agreement
We hope these agreement samples prove to be of great use to you as they are not only professionally well-written but also legally compliant. Just by hitting that download button, be prepared to have an agreement ready in a matter of a couple of minutes.
1. What is a Business Agreement?
A business agreement is a joint statement or contract that is formed between two or more business organizations. This agreement can be either in the form of oral or written communication and acts as a proof of exchange of promises between the businesses involved.
2. What Does a Business Agreement Contain?
A business agreement contains the following information:
- Terms of offer and acceptance
- Names and roles of the involved parties
- The subject matter of the business agreement
- Specific time, date, and place for the performance of contractual duties
- Ownership rights
- Specific legal consequences in case of a breach.
3. What is the Purpose of a Business Agreement?
The purpose of a business agreement is to establish the ground rules within which the involved parties of a business agreement will perform their tasks. It gives each party the chance to read and have a clearer understanding of the terms or conditions so that no misunderstandings are moving forward.
4. Is an Oral Business Agreement Legally Enforceable?
Not all oral business agreements are legally enforceable. While some business agreements take place orally, they are normally followed by the businesses writing down the terms of the contract along with the witnesses present during the oral agreement.
5. What Are Some Examples of Business Agreements?
Some of the examples of business agreements are as follows:
- Acquisition Agreements
- Partnership Agreements
- Buy-Sell Agreements
- Business Confidentiality Agreements
- Non-Compete Agreements.