Transport and Logistics Settlement Agreement

Transport and Logistics Settlement Agreement

This Transport and Logistics Settlement Agreement ("Agreement") is made and entered into by and between [YOUR COMPANY NAME], a company incorporated and existing under the laws of [YOUR COMPANY COUNTRY] with the principal office located at [YOUR COMPANY ADDRESS] ("Company"), and [OTHER PARTY'S COMPANY NAME], a company incorporated and existing under the laws of [OTHER PARTY'S COMPANY COUNTRY] with the principal office located at [OTHER PARTY'S COMPANY ADDRESS] ("Carrier").

I. Definitions

As used in this Agreement, the following terms shall have the meanings set forth below:

  • "Goods" refers to any cargo transported by the Carrier under the terms of this Agreement.

  • "Transport Services" means the transportation services provided by the Carrier as outlined in this Agreement.

  • "Parties" refer to [YOUR COMPANY NAME] and [OTHER PARTY'S COMPANY NAME] collectively.

II. Term of Agreement

This Agreement shall commence on [Start Date] and shall continue in effect until [End Date] unless terminated earlier in accordance with the provisions of this Agreement.

III. Settlement Terms

The following are the agreed terms concerning the transportation, liabilities, and other related matters:

  1. The Carrier agrees to pay [YOUR COMPANY NAME] the sum of [Settlement Amount] in full and final settlement of all claims arising out of or related to the transport services performed under the prior agreements between the two parties.

  2. Payment shall be made no later than [Payment Due Date].

  3. Both parties agree that this payment is a full and final settlement of all outstanding obligations and disputes.

IV. Confidentiality

Both parties agree to keep the terms of this Agreement and all related information confidential unless required by law to disclose them or with the prior written consent of the other party.

V. Final Provisions

  • This Agreement is bound by the laws of [Governing Law Country/State].

  • Any amendments to this Agreement must be in writing and signed by authorized representatives of both parties.

  • This Agreement constitutes the entire agreement between the parties with respect to its subject matter and supersedes all prior agreements, both oral and written, between the parties.

In witness whereof, the Parties hereto have caused this Settlement Agreement to be executed by their duly authorized representatives on the dates shown below:

For [YOUR COMPANY NAME]:

Name: [Your Name]

Title: [Your Title]

Date: [Date Signed]

For [OTHER PARTY'S COMPANY NAME]:

Name: [Other Party's Representative Name]

Title: [Other Party's Representative Title]

Date: [Date Signed]

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