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← Service Level Agreement Ekonomi
Fixed Price Contract Definition and Example →


EXAMPLE OF A SIMPLE CONTRACT BETWEEN TWO PARTIES

投稿日: 2023年3月12日 作成者: 104bata

When two parties come together for a business transaction, it is essential to
document the details of their agreement in writing. This helps to avoid any
misunderstandings or disputes that may arise in the future. A simple contract is
an effective way to ensure that both parties agree to the terms and conditions
of their agreement.

Here is an example of a simple contract between two parties:

CONTRACT AGREEMENT BETWEEN [PARTY 1 NAME] AND [PARTY 2 NAME]

This agreement is made and entered into on [DATE] between [PARTY 1 NAME]
(hereinafter referred to as “Party 1”), and [PARTY 2 NAME] (hereinafter referred
to as “Party 2”).

1. Purpose of Agreement

Party 1 agrees to provide [PRODUCT/SERVICE] to Party 2, as outlined in the
attached proposal.

2. Payment Terms

Party 2 shall pay Party 1 the sum of [AMOUNT] for the [PRODUCT/SERVICE]
provided. The payment shall be made in [NUMBER] installments as follows: [LIST
PAYMENT TERMS].

3. Term of Agreement

This agreement shall commence on [DATE] and shall continue until [TERMS OF
AGREEMENT].

4. Confidentiality

Both parties agree to maintain the confidentiality of any information shared
during the course of this agreement.

5. Termination

Either party may terminate this agreement upon [TERMINATION TERMS].

6. Governing Law

This agreement shall be governed by and interpreted in accordance with the laws
of [STATE/COUNTRY].

7. Entire Agreement

This agreement contains the entire understanding between the parties and
supersedes all prior negotiations, representations, and agreements.

IN WITNESS WHEREOF, the parties have executed this agreement as of the date
first written above.

[PARTY 1 NAME]

[PARTY 1 SIGNATURE]

[PARTY 2 NAME]

[PARTY 2 SIGNATURE]

As you can see, a simple contract is straightforward and easy to understand. It
contains all the essential details of the agreement, including the purpose,
payment terms, and termination clauses. By having a written contract, both
parties can avoid potential misunderstandings and disputes. Always remember to
have both parties sign the agreement to make it legally binding.

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