What is A Short Agreement?
A short agreement can't be a replacement for the long-form agreement. As long as there are two independent parties, you can compose a short agreement form. Short form agreement, simply means a simple agreement compare to the long-form one which is more complex. Like any other agreement, this document is written to protect both contractor and client.
How to Make a Short Agreement?
When making a sample agreement, see to it that it protects the client and the contractor. Making a short-form agreement may not be as daunting as the long-form, but it will also take time in making one. Whether you are making it for personal use or writing one for a client, make time to work closely with the involved parties. In this way, you can vividly spell out the terms once you start writing. Follow the following steps and have a smooth agreement writing.
1. Writing the Agreement
Writing an agreement is safer than having an oral agreement because you have a document that spells out each party's rights and responsibilities and conditions for violating the agreement. Before starting, write down what you need such as the requirements of the agreement, the timeline when to begin and end, and the payment. This will protect both of the parties if the agreement is violated.
2. Keep It Short and Simple
Make a brief, vivid phrase with simple, enumerated paragraph headings that catches the attention of the reader to what's in the agreement. With a simpler context, the readers will easily understand what's written in the printable outline. Don't make confusing terms and conditions. Keep it simple and short but see to it that you deliver the right terms.
3. Identifying Each Party
In making your basic agreement, acknowledge the details of the parties. It makes clear who is responsible for executing the obligations and which party has legal rights if things go wrong. Do not address by using the name of the people who are signing the agreement for the company. Use the name of the company or business's name.
4. Make Clear Details
The content is made up of the body and should include the rights and obligations of the parties in detail. Amendments will come in handy if you forgot something and want to include later on.
5. Payment and Agreement
The money will always be a sensitive resource so specify which party is supposed to pay, the payment due date or schedule, and the conditions for payments. Also, you have to consider including the method and schedule of payment for better understanding of both on monetary terms.
6. Ground for Termination
In your simple agreement, it is a safe move to the layout when parties can terminate the agreement. For instance, when a party misses payment dues, the other party should have the right to terminate the agreement without violating the document.
7. Keep It Confidential
The agreement is confidential. The company should share information once the contract agreement is done and hires another company for different duties.