Contract Sample
CONTRACT AGREEMENT
This Contract Agreement ("Agreement") is made effective as of the ___ day of _______, 20, by and between:
Party A:
[Full Legal Name of Party A]
[Address]
[City, State, Zip Code]
[Phone Number]
[Email Address]
Party B:
[Full Legal Name of Party B]
[Address]
[City, State, Zip Code]
[Phone Number]
[Email Address]
RECITALS
WHEREAS, Party A is engaged in [describe business or role]; and
WHEREAS, Party B is engaged in [describe business or role]; and
WHEREAS, both parties desire to enter into this Agreement to set forth their mutual rights and obligations;
NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the parties agree as follows:
1. DEFINITIONS
1.1 "Services" shall mean [describe services to be provided].
1.2 "Effective Date" shall mean the date on which this Agreement is signed by both parties.
2. SCOPE OF WORK
2.1 Party A agrees to perform the Services as detailed in Exhibit A attached hereto.
2.2 Party B agrees to provide the necessary resources and access required for Party A to fulfill the Services.
3. TERM AND TERMINATION
3.1 This Agreement shall commence on the Effective Date and shall continue for a period of [specify term], unless terminated earlier in accordance with the provisions of this Agreement.
3.2 Either party may terminate this Agreement upon [number] days written notice if the other party is in material breach of any provision of this Agreement and fails to cure such breach within [number] days of receipt of written notice thereof.
4. COMPENSATION
4.1 In consideration for the Services, Party B shall pay Party A [specify amount] in accordance with the payment schedule attached hereto as Exhibit B.
4.2 All payments shall be made in [currency] and shall be due [specify due dates].
5. CONFIDENTIALITY
5.1 Both parties agree to keep confidential all information disclosed by one party to the other under this Agreement and shall not disclose such information to any third party without the prior written consent of the disclosing party.
6. INTELLECTUAL PROPERTY
6.1 Any intellectual property developed as a result of the Services provided under this Agreement shall be the sole property of [specify which party].
7. INDEMNIFICATION
7.1 Each party agrees to indemnify and hold harmless the other party against any and all claims, losses, or damages arising out of any breach of this Agreement or any negligent act or omission by the indemnifying party.
8. GOVERNING LAW
8.1 This Agreement shall be governed by and construed in accordance with the laws of the State of [specify state].
9. DISPUTE RESOLUTION
9.1 Any dispute arising under or in connection with this Agreement shall be resolved through negotiation between the parties. If the dispute cannot be settled by negotiation, it shall be submitted to mediation in accordance with the rules of [specify mediation rules or body].
10. MISCELLANEOUS
10.1 Entire Agreement. This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements, understandings, and communications, whether written or oral.
10.2 Amendments. This Agreement may not be amended or modified except in writing signed by both parties.
10.3 Severability. If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
10.4 Notices. All notices required or permitted under this Agreement shall be in writing and shall be deemed delivered when delivered in person, or by certified mail, return receipt requested.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
Signature of Party A
[Printed Name and Title]
Signature of Party B
[Printed Name and Title]
EXHIBIT A - Scope of Work
EXHIBIT B - Payment Schedule
This sample contract is for illustrative purposes only and should be customized to fit specific legal requirements and business needs. Always consult with a qualified legal professional before entering into any contractual agreement.