Getting a Vendor Contract Template is easy from here. A vendor is a person in the supply chain who supplies good or provides services in return for consideration or remuneration. A vendor contract lays down the provisions and conditions of work to be performed by a vendor. A vendor contract should contain the details of work to be completed, quality of goods supplied or service provided, duration of the contract including the commencement and expiry of the contract, terms of payment, and indemnity in case of loss to either party’s arising from any negligence, etc. A vendor contract becomes enforceable by law only when the vendor and the customer sign the contract and thereby show their willingness to accept the terms and conditions of the contract.Vendor Contract Template will make your work lot more easier.
Usually the customer attaches with the contracts a statement describing the particulars of the goods or services, their quantity and quality of goods to be supplied over the period of the contract. The payments to the vendor would be made based on such statement. The payments to vendor may be made in a single installment or as running payments based on the agreement terms. Running payments, commonly known progressive payments are paid on a weekly or fortnightly basis on submission of the invoices by the vendor.
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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.
To help you we have added here a free rental contract template for you. A contract between a tenant and a landlord to use the building of the landlord for residential accommodation is known as rental contract. A rental contract is drawn for a period until when the tenant is expected to occupy the building. The contract may require the tenant to pay advance money as security deposit to the landlord which the landlord can use to set off any damages caused by the tenant during his stay. The contract will lay down the terms and conditions regarding the payment of rent, the due date and mode of payment. The rental contract has to be signed by the landlord and the tenant with a witness present when it is being signed. The contract become effective from the day it is signed or the day when the tenant takes accommodation of the property whichever is earlier.
A rental contract may be fixed term of for a periodic term. Under a fixed term rental contract the tenant has to stay in the property for the entire term of the contract. The rent may also be increased by the landlord during the period of the contract. Under a periodic term contract a tenant can vacate the premises as and when he desires without having to pay any rent for the future period. However, all outstanding rent dues have to be paid in full.
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You can download free sample consulting contract template from this site. A consulting contract is entered into between a consultant and a client laying down the terms and conditions of service to be provided by the consultant and the quantum of remuneration for the consultancy work. A consulting contract describes the nature, objectives and goals of the work to be performed by the consultant in clear terms. It avoids ambiguity in understanding the requirement of the consultancy work and saves time, effort and resources of both the parties.
The consultant with his expertise and specialized knowledge in the field helps the client in conducting his business or to make necessary changes in operational methodologies. The client shall provide open access to its records, documents and operations for enabling the consultant to obtain an understanding of his business. The consultant shall be required to be keep all the information regarding the client obtained by him during the course of the work. The consulting contract shall lay down the manner and frequency in which the consultant shall report to the client. The consulting contract maybe entered for a particular duration of time or for a specific assignment, in which case soon after the expiry of the contract or the completion of the assignment the contract becomes invalid.
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A contract can be described as a legal agreement between two or more than two individuals, parties or organizations to do or not to do things and actions for a lawful consideration. It is a document to show rights and duties or parties with all terms and conditions of a contract. A contract is just like a deal or promise between parties to do variety of certain things for the well being of all involved parties. A contract is a document that tells what all parties have agreed to do in order to achieve mutual goals. Contracts are enforceable by law in case of any breech or violation if they are valid. Here is a question raised by many people that what makes a contract valid? Means what are basic elements to make a contract enforceable and valid in eyes of law? Here are complete details of basic elements of a contract given below.
Nonappearance of any of these below mentioned elements will make the contract not valid and not legally binding.
Offer: no contract is valid without an offer so there must be a valid offer to make a contract valid and enforceable by law. Offer should be Cleary defined and stated in the contract. An offer is nothing but an expression of willingness to contract on a specific set of terms. An offer is made by a party with the intention that if the offer is accepted by any other person then he/she will be bound by a contract to complete his/her duties and obligations under the terms and conditions of the contract.
Acceptance: an offer needs acceptance in a contract to make it valid and legally binding. Acceptance of the offer is second basic element of a valid contract. An offer must be understood by the all parties and its acceptance must be specific and clear. Nothing but only what is offered can be accepted by the involved parties but if any new terms of conditions is suggested to accept the offer then such contract will be regarded as conditional contract.
Consideration: Third important element of a valid contract is consideration and it must be something of value in the eyes of the law. Consideration in a contract must be sufficient but need not be adequate. Consideration may consist of a promise to perform a desired action or a promise to not to do certain things or actions as per conditions of the contract. Consideration in the contract must have a value that can be determined neutrally.
Contract can be an important document in business and other fields of life so it should be prepared carefully with attention. Preparation of agreement in written form and also best to save as record and can be used as written evidence to settle disputes. Use of contract template is an ideal and effective way to write contracts with all details and features. One can easily find and download appropriate contract templates as per needs and requirements. These templates are editable and a user can make necessary changes in them easily.
You can get and download Sales Contract Template from this page. A sales contract is a legal agreement between two parties namely; a seller (vendor) and the buyer (purchaser). The agreement is for exchange of goods and services or any property for a mutually agreed upon price which the buyer has to pay to the seller. It outlines all the obligations of the buyer and seller to finalize the transaction and to complete a sale. A sales contract acts as evidence in the court of law in case of any legal suits for non-performance of contract terms from either of the parties. It helps in mutual understanding of the buyer and seller of their roles and responsibilities with regards to the contract, the quality and the particulars of the goods under the purview of the contract.Sales Contract Template is essential document for everyone.
Both the buyer and seller should sign a sales contract only after perusing the terms and conditions and confirming that they in accordance with their expectations. The typical contents of a sales contract are: the title of the buyer and seller, duties and rights of both the parties including payment, credit and delivery terms. The parties to the contract should agree upon a penalty clause to be exercised in case of breach of contractual terms by either of them. Finally the contract should be signed in the presence of witness (es) by both the parties on the duly dated agreement deed.
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You can download an investment contract template from this site. An investment agreement states the rights and responsibilities of the related parties and establishes the terms of the investment. It sets out the nature, structure and pattern of investment. The quantum of funds that has to be invested for procuring the good or services are defined in the investment contract. Investments are made either in the form of equity or debt. Equity investments like equity and preference shares allow the investors voting rights in the management of the investor company whereas the holders of debt instruments like debentures, deposits, etc are entitled only to repayment of principal amount and interest.
The parties to an investment contract can be individuals, partnership firms, companies, government or the general public. Similar to any other contract, an investment contract also states the name and addresses of the parties to the contract who are accepting to make investments in the business venture. It also specifies the amount of investment and the manner and form of such investment. The consideration for investments would generally be a share of profits or in the case of public limited companies dividend returns. Investments could be made for a definite time or perpetually. In case of limited time investments the time frame within which the investment has to be returned and the method of repayment would also be agreed upon in the contract.
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Here is a free management contract template for you to download. It is a contract by which the operations are undertaken to be carried out by another enterprise which performs all the necessary managerial function in return for a specified management fees. Unlike franchising where a product or know-how is given as a license to be used, management contract involves actual performance of the operational activities. Operational activities may span a range of services like managing production facilities, supplying and maintaining human resources, providing accounting and book-keeping services, marketing a product or the brand or even training of personnel.
Management contract are most prevalent in the hotel industry where the hotel property is handed over to an enterprise for management which has a brand name in hospitality. The owner of the property pays license fees or management fees to the service provider. Management contract come as a rescue for business owner who lack the skill to run a business. It gives them access to professional expertise and technical knowledge which will help the business in attaining in a competitive advantage in the industry. It is also a beneficial for conglomerate companies having multiple business and product lines to save time which can be used to focus on the big picture of the business group.
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Download license contract template here for free of cost. It is a contract by which the owner of a copyright, knowhow, patent, service mark, trademark, license or any other intellectual property, grants the rights to use, make, sell or make copies of the original. The licensee in exchange for this grant of rights pays a consideration in the form of royalties. Licensing agreements are widely used in selling of technology or software. They are known as End User License Agreement (EULA) which allows the users to use the software for the money that they have paid. A user who is using licensed product of the licensor cannot be sued. License contract is very much important document.
A licensor has the rights to sue any person who is using his product without the license. A licensor may grant permission to the licensee to sell or distribute his works such as photographs, art works, written material etc. Licensing a product is of great advantage to a producer or manufacturer since the product can be licensed to an existing company with its own selling and distribution channels. The company is turn would pay royalty on sales which begins a regular stream of cash inflows without having to spend much on marketing and advertisements. However, once the product is licensed, unless anything contrary is agreed upon in the contract the licensee literally has no control over how the product would be marketed and advertised to customers.