Sample Legal Agreement Format
I. Introduction
This Agreement ("Agreement") is made and entered into by and between the following parties:
Party A: [Your Company Name]
Party B: GoWorld
This Agreement is effective as of January 7, 2055.
II. Purpose
The purpose of this Agreement is to outline the terms and conditions under which Party A and Party B will engage in the transaction or activities described herein.
III. Definitions
For the purposes of this Agreement, the following terms shall have the meanings set forth below:
Definition 1: "Effective Date" refers to the date on which this Agreement is signed by both parties and becomes enforceable.
Definition 2: "Confidential Information" means any proprietary or sensitive information disclosed by one party to the other that is not publicly available.
IV. Terms and Conditions
Obligations of Party A
Party A agrees to perform the following obligations:
Obligations of Party B
Party B agrees to perform the following obligations:
Consideration
The parties agree that the consideration for the respective obligations shall be as follows:
Consideration for Party A's obligations: A fee of $10,000, payable in two installments of $5,000 each.
Consideration for Party B's obligations: Timely access to proprietary software systems required for the project.
Term and Termination
This Agreement shall commence on the Effective Date and shall remain in effect until terminated by either party in accordance with the provisions herein.
Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].
Dispute Resolution
In the event of any dispute arising under this Agreement, the parties agree to attempt to resolve the dispute through informal means. If resolutions cannot be achieved, the dispute will be referred to mediation/arbitration.
V. Miscellaneous
1. Entire Agreement
This Agreement constitutes the entire agreement between the parties relating to the subject matter herein and supersedes any prior agreements or understandings.
2. Amendments
Any amendments to this Agreement must be in writing and signed by both parties.
3. Severability
If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
VI. Signature/s
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
[Your Name]
GoWorld
Agreement Templates @ Template.net