9+ Participation Agreement Templates – Samples, Examples

As a business individual, have you ever tried participating in a joint purchase with other business individuals? Was there a business contract needed to bind the agreement of everyone’s participation? To answer that question, certainly there is. There must be one and that is a participation agreement.

A participation agreement is an agreement stating the participation of all the leaseholders for a joint purchase thus adhering legal basis of the activity.

Broker Participation

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Size: 85 KB

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Master Agreement for Participation Accounting

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Size: 323 KB

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Entry into Funded Participation

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  • PDF

Size: 28 KB

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Activity Agreement

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Size: 54 KB

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Working Group Participation

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  • PDF

Size: 618 KB

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Investment Service Fund Participation

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Size: 226 KB

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What Is a Participation Agreement?

As being said previously, a participation agreement is a document that strictly adheres to the court of law. This is a binding document of the leaseholders who wish to have a joint purchase for the business. A participation agreement is also needed to be able to purchase a freehold.

Participation agreements are commonly used in:

  • Broker and investment – participation agreement that sets terms and conditions to be followed in the business, that commitment is a must and shall be observed until the agreement is effective.
  • Schools – such as a student participation agreement that states a student is engaging in specific school activities and must adhere to some specifications such as personal responsibilities while abiding rules and conduct of the institution.
  • Organizations – that all participating members mutually agree to terms and conditions set forth by the organization.
  • Trust insurance – that a participating entity is bound to follow all the policies implemented by the insurance company and agrees that there will be possible amendments in the agreement.

 

A participation agreement is like a marriage that you commit to following all the necessary measure during the contract. In the event that a partner decides to not continue the arrangement, then a separation agreement is bound to follow, which is also similar to business.

Joint Participation

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Size: 83 KB

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Organization Participation

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  • PDF

Size: 169 KB

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Program Participation Agreement

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  • PDF

Size: 381 KB

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IDA Insurance Trust Agreement

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  • PDF

Size: 138 KB

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Types of Participation Agreements and Their Contents

  • Broker participation – the broker participation agreement usually has the name of the
    • auctioneer – a person who conducts the auction
    • seller – owner of the properry/product to be sold
    • broker – the one who buys and sells products, goods, services for other people
    • agent – any representative in behalf of the other person
    • client – the person who is going to use the products, services, and goods; basically the customer
  • Funded Participation – is usually in a form of letter that states all the terms and conditions set in the joint participation for funding purposes.
  • Activity participation – this is usually used by organizations and institutions. The contents of an activity participation are the following:
    • Activity information – including the name, address of the sponsoring coordinator, description, dates, and the location of the activity
    • Participant information – name, address, contact number, contact person in case of emergency
    • Participation agreement – in paragraph form that states all the conditions and responsibilities included in the said activity

 

Since participation agreement is a type of a legal agreement, it usually follows a careful process of writing. Also, it does not only limit to business but also in medical terms. A medical insurance participation agreement has

  • an effective date,
  • agreement itself (every insurance participation depends on the insurance company),
  • definitions (includes medical terms),
  • beneficiary ( the person who accepts the benefits),
  • clean claims that states when and how can a beneficiary benefit the insurance,
  • copayment an amount used to compensate, and
  • covered services of the insurance company.

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