We enter into contracts and agreements on daily basis for many business and personal reasons, lots of them are written while others are oral. In all situations it is important to review all contracts to make sure that whether contract meets the intention of involved parties or not. That is why before you sign a contract, you need to read the contract carefully to understand all the terms, conditions and provisions of the contract with best. Contract review is a powerful tool used by individuals and professionals to ensure that either contract is according to the intention of both parties or not. Read the contract from beginning to end and be sure that you know very well about other party and have all necessary details about.
Normally contract review is essential for contracts that may involve huge amount of money. Contract review is a best and recommended way to avoid understanding and issues regarding a contract. Major purpose of contract review is that parties need to make sure that they completely understand the stated obligations, rights and duties in the contract. You can also ask the professionals to make a contract review hence there are so many helpful ways available on internet to do this and one of them is contract review template. It is a pre designed document that enables you to write down a perfect contract review in short amount of time.
Click on following download button and save contract between two companies template in storage of your computer to write an accurate and error free contract between two companies. Whenever two different companies or business entities wish to combine their resources in order to chase mutual business goals and objectives, they need to draft a legal document named contract between two parties. Generally, all contracts between two companies follow a basic set of rules and conditions whether they are going to cover a partnership formation between companies or going to document a simple purchase agreement. A detailed contract between two companies identifies all possible details about the deal or transaction such as names of both parties, description about the business activity or work they are going to carry out, terms and conditions of the contract and other necessary information etc. A contract between two companies must be in writing if you want to make it enforceable by law.
About Contract Between Two Companies:
A contract between two companies can be drafted for wide range of reasons. For example, two different companies may enter into a contract when one companyagree to provide raw material or other products to the other company under the terms and conditions mentioned in the contract for a particular period of time. According to contract laws, such contracts must be in writing form and also be signed by both parties. In case of any violation, the contract between two companies can be enforced by law to provide compensation. You must hire a legal representative or lawyer to draft a contract between two companies but if you want to write one yourself, you are advised to download and use contract between two companies template to do this efficiently. The template provides you a proper format for drafting a spotless contract between two companies in short span of time.
Subcontractor contract is a common type of contracts normally entered into between two parties where one is general contractor and other subcontractor. It is a type of contracts often used in construction field to accomplish construction projects with the help of other subcontractors. It is a legal document to demonstrate the rights and work responsibilities of both parties (contractor and subcontractor) like scope of work to be done, estimated money or cost that will be charged, time frame when the work will be accomplished and other terms and conditions related to the contract. Duties and responsibilities of contractor and subcontractor may be different as per terms of the contract. Contractor is a person who responsible to report the overall project or work progress whereas a subcontractor only liable for a specific task or sort of work.
Contractor receives the cost or payment of the work done by client or customer and a subcontractor directly paid by the general contractor. One needs to write a subcontractor agreement in easy to understand language with all vital details. Writing of a subcontractor agreement may require extra amount of time and brilliant writing skills to complete it in a best way. Some people ask professional to prepare subcontractor contracts for them. An individual can also write a subcontractor contract personally by using subcontractor contract template.
Now making Confidentiality Contract is much easy if you use Confidentiality Contract Template for it. Confidentiality contract is entered between parties who are in possession of any vital information. The contract requires its parties not to disclose the information to any third party without the prior approval or unless a professional or legal requirement calls for such disclosure. Confidentiality is an accepted professional trait and is not made formal through contracts generally. However, the sensitive nature and the volume of some transactions or the fear of information leaking to competitors may require the signing of a confidentiality contract. We hope that you will like Confidentiality Contract Template.
Ideally a confidentiality contract may not have any consideration paid in return to the parties since it is a contract entered to safeguard the company from unwarranted loss of vital information. However, the contract may lay down the manner in which the parties who infringe the contract shall be dealt with. The contract becomes effective from the day it is signed by all the parties. Some legislation might even require the contract to be registered with the local authorities. The contract might be entered for a finite period of time until when the information is considered or agreed as important. Upon the expiry of the contract the parties are relieved from their responsibility of retaining the confidentiality of the information.
Free confidentiality contract template available for download
We are providing here a Partnership Contract Template for you to download. Occasionally in order to meet the requirements of a growing business, two or more person may become joint owners thereof, each bringing in certain amount of capital and sharing the profits and losses in agreed proportions. Such a relationship is called partnership and when it is made formal through an agreement such an agreement is called the partnership deed. The essential objective of a partnership deed is to formalize the intent of sharing the profits and losses of a business between the partners in agreed proportions. A partnership deed will ensure that in the event of any difference of opinion between the partners the matter can be taken to court and can be settled based on the court judgment. We hope you will like Partnership Contract Template.
A partnership deed will contain the following clauses: name of the firm and its nature of business, names and addresses of the partners, the duration of the business of the partnership, total capital of the firm and the share of profits attributable to each partner, etc. The partnership will stipulate the interest rates to be allowed on partners’ capitals and to be charged on their drawings from capital. Partners may also be paid salaries for the time and effort extended by them to the business.
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Get a Contract Agreement Template free from here in this site. A contract is an agreement between two or more parties to do something or not to do something in return for a valuable consideration. A person cannot enter into a contract with himself. A person should be of legal age, should be of sound mind and should not be declared as insolvent by court of law to enter into any contract. By entering into a contract the parties to the contract agree to voluntarily agree to create one more legal obligation between each other. Contracts can either be in writing or oral or implied through conduct. A person to a contract can sue the other party (ies) in case of breach of any contractual terms in the form of compensation of money, or specific performance or non-performance of the contract. Contract Agreement Template is very much important.
Common examples of contractual agreements are construction contracts, purchase contracts, employment contracts, etc. Consideration for a contract is anything of value which is to be given by the promissor to the promisee in exchange for something of value given by the promisee to the promissor. Consideration should be legal, meaning that it should be anything which is forbidden by law. For example: A agrees to murder B for a sum of few amounts.
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Joint Venture Contract Template is of much help for you. A joint venture is a business agreement in which two parties join together for a finite time to develop a business or to complete a specific assignment while sharing all the costs, gains and losses in predetermined proportion. A new entity is created with fresh infusion of capital, assets and resources to be controlled by both the parties. Joint ventures are common for projects like construction contracts, sharing of technological know how, branding of products, etc. Most commonly capital intensive projects are undertaken as joint ventures. The preparation for a joint venture begins with the analysis of the JV products, estimated costs, market analysis, financial projections, and impact on environment, etc. Get Joint Venture Contract Template from this site free.
The next stage of entering into a joint venture agreement is selecting a prospective partner with matching strategic strengths and resources that can add value to the enterprise and make the JV a success. Joint ventures are entered into for a limited time period which can range from 4 months to 4 years or less depending on the gestation period of the project. A business may have potential for growth with innovative products and ideas, however, a joint venture will add more resources, greater capacity and enhanced technical expertise along with access to established markets and various distribution channels.
Here is a sample joint venture contract template, We hope you will like it.
Employment Contract Template is important document. In simple terms, an employment contract is a contract between the employer and employee. It is a contract for service to be provided by the employee in return for remuneration in the form of salary and other benefits. It lays down the working conditions of the employee, obligations from the part of the employer and the various statutory and other benefits to which the employee is entitled to. They are otherwise known as the terms of employment. An employment contract is awarded to an employee subsequent to his success in the employer’s assessment. You can get Employment Contract Template from this site.
The contract could be for a specific period which might be renewed from time to time or otherwise it could be based on assignments. Most employment contracts need not be put down in writing as the employee-employer relationship commences as soon as the job offer is accepted by the employee. However, most companies issue what is commonly known as the “offer letter” or “appointment letter” which lays down the main terms and conditions of employment like pay, holidays, working hours, perks etc. an employment contract comes to an end with the employee resigning from service or by his termination of the contract by the employer dismissing the employee. An employee before resigning should give adequate notice of time to the employer as agreed upon in the contract.
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Here is an employment contract Template for your reference and guidance.
A sample separation contract template is added here for your reference and guidance. A separation contract is a contract between a husband and a wife when they decide to stay separated for an indefinite period time, perhaps forever. This contract lays down the conditions for various matters like property division, custody, support payment, etc. A separation agreement gives clarity and mutual understanding to ambiguous matters like repaying debt liabilities, custody of children, arriving a consensus on support claims, etc. It is wise to get a separation agreement prepared by an attorney or a professional legal advisor to ensure that complex phrases of the agreement are properly phrased without giving advantage for one party over another.
A separation contract should be signed by both the husband and wife and notarized to make it legal. A separation agreement is not an assurance to the fact that a couple will be given divorce; it is only an agreement which will make the process for getting a divorce easier and simpler. A separation contract being a contract between the spouses; is not binding to third parties like creditors, banks or finance companies to whom the spouse is supposed to repay debts. The default of the spouse to repay a debt will result in the liability being transferred to the other. The spouse can sue the other for breach of contract resulting in which the debt had to be cleared.
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Now you can get a Dealership Contract Template from here without any cost to pay. A dealership agreement is entered between two parties, namely the dealer and the supplier. The dealer purchases good from supplier and is responsible for selling them in his sales territory. All arrangements for sales promotion and marketing are of the dealer. Dealership contract is featured by “exclusivity” which forbids the supplier from undertaking sales in the dealer’s territory as well not to enter into any contractual agreements with other dealers in the same territory. When a contract provides for no exclusivity, the supplier has a right to sell all or part of his goods specified by the agreement. Good Dealership Contract Template will make your job lot more easier.
However, the contract will specify whether the dealer is allowed to appoint other sub-dealers, selling agents or marketing representatives. The dealership contract shall mention the clear list of products to be supplied by the supplier for a definite period. If any changes are to make in the list of goods an amendment is to be made to the contract to include new products or to exclude existing ones. The dealership contract should also provide terms for the use or non-use of the trademarks, copyrights or patents of the supplier or his products. If the supplier is willing to let the dealer use his trademarks etc, the remuneration for such use should also be determined and agreed upon.