Agreements
An agreement sample, as the name suggests, is essentially a document that represents facts that are agreed upon by two or more parties. Being an official document, the agreement must be respected and followed by all those involved. It needs to be crafted with the utmost care and attention as it has a specific format where all the terms are stated in a logical and coherent manner.
One who hasn’t seen or created an agreement before will not be able to proceed without professional help. That is where agreement templates come in. So what are you waiting for? Scroll down to check out some of the best agreement templates.
Business Investment Agreement Template
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Non Disclosure Agreement Template
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Franchise Agreement Template
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Master Professional Services Agreement Template
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Non Disclosure Agreement Free Template Word 2010 Format
s3.amazonaws.com
MS Word Non Compete Agreement Temmplate Free Download
smetoolkit.org
Confidentiality Agreement Word 2010 Format Template Free Download
www3.epa.gov
Partnership Agreement Template Free Word Format Download
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MS Word 2010 Format Independent Contractor Agreement Free Template
chapman.edu
Residential Lease Agreement Template Free Word Download
thehousingcouncil.org
Word Format Prenuptial Agreement Template Free Download
selegal.org
Employment Agreement Template MS Word 2010 Free Download
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Executive Agreement Word Format Free Download Template
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MS Word Format Sublease Agreement Free Template
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Buy & Sell Agreement Template Word 2010 Format Free Download
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Word 2010 Format Purchase Agreement Template Free Download
cedires.be
Agreements are of various types. They are used to create a clear term to purchase items in the world of business. These also include legally binding agreements between the involved parties regarding the purchase of a product or an item.
> Types of Agreements
There are several types of agreements. Some of the commonly used ones are-
- Legal agreement– A Legal Agreement is usually crafted by lawyers or legal personnel. The laws pertaining to that particular subject must be considered and accordingly, an agreement is drawn up. It is sound and without any kind of loopholes.
- Company agreement– A company agreement is signed by a particular institution and another party. It can be a different company, a new client or even an employee. This agreement is usually created to protect the interests of the company itself.
- Employment agreement– Before hiring someone, one needs to draw up a sound agreement that states all the terms of his employment. That way, the Employee Agreement can make an informed decision. And this can serve as evidence if questions are raised or if the agreement is challenged.
> Why Do You Need Agreement Templates?
Even top executives use agreement templates word doc while crafting their samples, simply because it makes your job much easier. If you download agreement templates, you will certainly not have to worry about the format, as it will have been created for you already. All you have to do is hit that download button. You can download the Free Templates in Word, and customize them based on the nature of the agreement. Creating legally binding documents like agreements have indeed become much easier owing to such templates found online.
> Things To Keep in Mind While Creating Agreements
While creating an agreement of any kind, or even while selecting the agreement template in word, you need to keep in mind the following things –
- The format must be adhered to. While crafting an agreement, you must pay attention to format in order to get it right. If you’re planning to download a template, you must go through all the options and choose the correct format.
- The agreement must state all the terms and conditions. You cannot afford to miss out on any important terms, otherwise, that may lead to confusion later on. You can even use numbered lists to state the points.
- The language must be formal and simple. There is no need to use embellished language. The more simple you keep it, the better it is. Keep it short, you don’t have to make it unnecessarily lengthy.
- There should be an introduction and conclusion in the agreement. It should also contain a subject in bold. While choosing the MS Word template, keep these requirements in mind.
Don’t lose heart if you haven’t been able to create an agreement all by yourself; just look up agreement templates for word on template.net for a wide range of options!
General FAQs
1. What is a Legal Agreement?
A legal agreement is a comprehensive document that outlines the parties’ roles and responsibilities under the agreement. Upon signing the agreement, the document becomes legally binding between the involved parties.
2. Why is an Agreement Document Important?
An agreement document helps protect and enforce the rights of the involved parties. It ensures that both parties understand what is expected of them. It mainly lets them know what is agreed to and what is not.
3. What are the Main Components of an Agreement Document?
The following are the main components of an agreement document:
- Description of involved parties
- Offer and acceptance
- Mutual consent
- Consideration
- Competence
- Expectations and obligations
- Legal purpose
4. What is the Foundation of an Agreement?
Acceptance is the basic foundation of an agreement. Once an offer is accepted by the parties, they have an agreement. This offer, along with the mutual consent details, is put into the document to protect the interests of the parties.
5. What are the Various Types of Agreement?
The following are some of the various types of agreements:
- Consulting agreement
- Distributor agreement
- Confidentiality agreement
- Memorandum of Understanding
- Non-Disclosure Agreement
- Material Transfer Agreement
- Master Agreement, etc.
More in Agreements
Relationships can build surprising results. Take Star Wars and Covergirl cosmetics, for example. Spaceships and lightsabers don’t mix with eyeliners and lipsticks. Although a business partnership between the two brands is hard to imagine, it did happen during the anticipated Star Wars: The Force Awakens movie release in 2015. So, Covergirl marketed a Star Wars-themed line of lipsticks, mascaras, and nail polishes. And surprise—the unusual pairing worked! Adding pop culture into a cosmetic company somehow led to success. Who knows what other relationships may build? But one thing is sure; all parties must reach an agreement. And put it into writing using agreement forms.
50+ Sample Agreement Forms
Agreement Forms: What Are They?
Any business should include professionally-made agreements. And that agreement is relevant whether you are a freelancer, a small business, or a big corporation. But why is that? An agreement form outlines a business relationship, meaning the terms and stipulations between its parties will be written. With so many agreements out there, it may be challenging to know what every deal needs. Hence, the forms spell out the essential details. And even if those documents may not always be enforceable by law, those are still helpful in avoiding disputes.
According to Statista, there were already 5.98 million American small businesses in 2017.
Also, did you know that one in five jobs in the US involves a worker under contract?
More so, National Public Radio (NPR) reported that 20% of American employees are contract workers expected to fulfill particular projects at a fixed period.
Why Is an Agreement Form Important?
The agreement form is crucial as it notes the essential details between two or more parties under a business transaction or relationship. Its content would answer your questions regarding contact information, regulations, conditions, and other specific instructions. So instead of memorizing a lot of information to follow, allow the document to remind you with every detail. Moreover, you prevent conflicts and disputes when the form is legally binding. Thus, it transforms into a binding contract, and one out of five jobs in America even has a contract. That is, according to NPR.
Deal or No Deal: Examples of Agreements
NPR told us that around 20% of workers in America are contract employees, and are expected to deliver tasks within a fixed period. Hence, a lot of business agreements are at play there. Although the uses of agreement forms are endless, we will show you a list of where agreements are commonly used and how they are applied.
Service Agreement: One common example is the service agreement, which works when one party agrees to provide specific services to the other. This example also works in employment when the manager and the employee outline the details of the service terms or conditions.Rental Agreement: Next, a rental agreement is typically made by a landlord until a tenant signs it. And property owners grant temporary residence for the renters as long as they follow the stipulated rules inside the form. Aside from apartment rentals, car rental services require this too.Installment Agreement: Legal agreements are also known to deal with payments, including installments. For example, a doll collector purchases a rare Barbie doll that costs $100. However, this buyer can’t afford a one-time purchase. Hence, he or she initiates an installment agreement to divide the payment and pay for the item at a reasonable price monthly.Confidentiality Agreement: When businesses have top-secret information that should not be disclosed by their employees, a confidentiality agreement commences. This way, everyone who signed the agreement is not allowed to share particular information to the public. Otherwise, there will be consequences.Medical Agreement: If a deal involves any agreement related to medical services, then the medical agreement comes to play. An example here is a document that outlines what sort of medical services shall be given to a patient.Partnership Agreement: Meanwhile, partnership agreements refer to circumstances where two people or businesses plan to work together to achieve specific goals. And the brand partnership between Star Wars and Covergirl introduced earlier explains a lot about this example.Separation Agreement: Since there is a deal between parties to collaborate, there is also an agreement to end terms. Businesses often use the separation agreement to end partnerships on a positive note. One typical example is when the employer plans to terminate or lay off an employee from work.
What Are the Elements of an Agreement Form?
By now, you can admit that there really are a lot of applications in agreements. In fact, the examples stated above are just a glimpse of how many agreements can be conducted. However, what makes agreements work is when the important elements that make up an official agreement exist. So what are they? Here are the elements of an agreement form:
Party Information
In an agreement, a common question to ask is, “Who are the parties agreeing in the first place?” Expect the party details to be introduced. Why so? This element recognizes who the landlord and the renter in a rental are, the supervisor and the employee at work, and so forth. Be sure to state their legal name and contact information.
Terms and Conditions
The main reason an agreement, contract, or memorandum is respected is due to the stipulated terms. Writing the rules is not for naught because every rule helps promote clarity and order in a deal. But, conflicts and problems are possible if the terms or conditions are not written correctly. Hence, be careful what you pen in the agreement.
Agreement Duration
The duration of the agreement is another essential component. That is because the other party who signs the form might wonder when the deal starts. The same goes for anyone who wonders how long the stipulations shall take effect. The solution is to indicate the dates to prevent further questions.
Termination Clause
Sometimes disagreement is inevitable. Any party might back out or fail to follow the requirements. Thus, the solution is to create a dispute and termination clause. The termination of the contract or agreement section decides what consequences and conditions will be done by the party at fault to be fair to the obedient party.
How to Write an Agreement Form
Are you already familiar with the elements? Good. Your main concern now is to know how to make the form itself. Be conscious of the agreement’s content because a slight mistake might change the meaning of the context. Without further ado, here are the steps on how to write an agreement form:
Step 1: Open with an Introductory Statement
First, don’t start from scratch. It will only tire you out. We have sample agreement form templates for you to edit, so you immediately start with the introductory statement. This introduction is where you open what the agreement is. If you simply label “Agreement Form,” then that is not specific enough. The document could be mistaken as a medical, service, school, or any form of agreement. And most importantly, the introduction should recognize the parties.
Step 2: Be Precise
There is no need to complicate things since you can use simple sentences for your agreement. Making the form understandable and less wordy is encouraged here. Also, be brief. An example is when you state that one party is a small business. So which business is it? There were even 5.98 million small businesses in the US last 2017. Don’t let anyone who reads the agreement to guess which company it belongs to.
Step 3: Use a Positive Tone
Be careful with your use of language. Maybe your tone is too threatening or unprofessional. Remember that intimidating other parties only brings a lesser chance for them to sign the sheet. A positive tone helps. However, be professional as well. The whole document is still legal or official. It demands to be respected. A tip is to reread your sentences carefully and assume that you are in the other party’s shoes. How do you feel about the statements? If the answer is a negative reaction, then improve your language.
Step 4: Expound if Necessary
Yes, a straightforward document is excellent. But review if you think the terms and sentences are broad. There are instances where you need to explain. An example is when technical terms and acronyms are used. Don’t assume that the other party knows what those terms mean right away. Provide definitions and expound on particular subjects that need clarification. Discussing further some topics is beneficial to prevent confusing parties.
Step 5: Conclude the Form with Signatures
If you are confident that the form’s content is complete, informative, and understandable, then end it by requiring signatures from all parties. Indeed, not all agreements have to be signed. However, placing signatures is safer to prove that everyone has read and promised to comply with the deal. And don’t forget to register that agreement as a legal document to the proper authorities if necessary.
FAQs
Is an agreement a contract?
Not every agreement is called a contract. Yet, contracts are referred to as agreements often. And to clear things out, an agreement only becomes a contract if:
- The terms incorporate unconditional acceptance
- The agreement specifically said that it is legally binding
- The agreement exchanges money or anything of value
- The parties enforced the law towards the agreement terms or obligations
- The agreement states that meeting the terms transforms the deal into a contract. And this example is often played out in business when parties are expected to enter a contract.
What makes an agreement binding?
An agreement becomes legally binding when an exchange of something valuable occurs between the knowing parties. And such instance often plays out in the corporate world.
Should I require signatures in my agreement form?
First of all, signatures for both contracts and agreements are only optional. You don’t even have to write down every legally binding agreement in a sheet. But, as mentioned before, requiring signatures is for safety purposes. It clarifies if every knowing party understood the deal. Nevertheless, placing signatures takes a second only, so it shouldn’t be that bothering at all.
American cartoonist Kin Hubbard once said, “The fellow that agrees with everything you say is either a fool or he is getting ready to skin you.” Hubbard’s statement tells us that you never really know what everyone’s real intentions are, like if others agree with you a hundred percent or not. So to make sure another party agrees with you, don’t just settle for an oral agreement. It is better to write things down in an agreement form to bind them in an official deal.
Save time with our
free contract templates
All of our templates have been reviewed by legal experts and proofreaders. Find the one that matches your business, customize it and get it signed.
SEO Proposal
This SEO proposal template is perfect for freelancers and marketing agencies that offer SEO services.
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Non-Compete Agreement
A contract between two parties in which one party agrees to not take certain actions that could compete against the other party. Includes specific non-compete clauses.
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Loan Agreement
A loan agreement template that serves as a legal record of the loan amount and repayment terms that bound two parties.
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Painting Proposal
Professional-looking template designed to land painting projects. Outlines the scope of the job, cost estimates and more.
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Consulting Agreement
A simple and flexible legal agreement suitable for many types of consulting projects. Easy to customize to match your consulting business.
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Book-keeping Contract Agreement
This template details services provided, payment schedule, deliverables and other details around services performed on behalf of a business. Can be used by an independent accountant, bookkeeper, or agency.
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Rental Agreement
A basic rental agreement is a legal contract designed to protect both landlords and tenants. It specifies the terms, scope and limitations of the rental agreement.
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Agency Agreement
This template is used by one company to assign an agency or individual to carry out certain tasks on their behalf, like marketing a good or service.
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Sales Contract
A customizable contract between two parties that outlines how to sell products or services for others.
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Sublease Agreement
This simple contract allows the original tenant of a rental property to rent out a portion or all of the property to another tenant.
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Subcontractor Agreement
An easy to use template between a contractor and subcontractor that specifies the terms and conditions for the provision of services to a third party.
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Retainer Agreement
This is a formal document between a professional and client for ongoing services with payment details and retainer limits.
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Remodeling Contract
A remodeling contract template used by contractors to define the scope of work, payment agreements and other legal matters.
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Non-Disclosure Agreement
This agreement protects confidential information between two parties, the Disclosing Party and the Receiving Party. It’s a simple template with specific language to sign and NDA.
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Commission Agreement
Use this commission agreement template to outline compensation terms and document acceptance between a company and a contractor or employee.
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Graphic Design Contract
This contract is between a graphic designer and a client. Outline your scope of work, terms and limitations with a professional looking document.
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Photography Release Form
This release form grants photographers legal permission to obtain and publish images. Also lists the responsibilities a photographer and client agree upon.
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What’s the anatomy of a
contract agreement?
While the topic of contract law can quickly get complicated with
legal jargon, the structure of a contract agreement comes down to
four essential elements:
Offer
An offer is when a party promises a specific action or nonaction in the future to another party.
Consideration
Consideration is the value exchanged by each party when entering an agreement.
Acceptance
Acceptance is the unmistakable agreement to the terms of the offer.
Mutuality
Mutuality is the expectation that the promises exchanged by each party are either upheld or rejected by all parties.
What’s a contract template?
A contract agreement template is a pre-written document with the terms and conditions laid out by one party to another.
Think of a contract template like a blank form for all parties to read, understand, and complete in agreement.
Five reasons you need to be using contract templates
Whether you’re a large scale company, a non-profit, or a one-person show, having agreement samples ready to go will undoubtedly make your life easier. Below are five benefits of using contract agreement templates in your practice.
Time
Contract templates are best for situations where you’re likely to make the same agreement over-and-over again. Having a document in place means you don’t have to recreate your contract each time.
If either party requests to make some minor changes, you have a working foundation you can edit for the specific situation.
Protection
If you’re relying on handshakes, verbal agreements, emails, or instant messaging to form contracts, you’re leaving your organization vulnerable to parties to take advantage of you.
Failing to capture important terms and conditions in your dealings increases your chances of ending in a dispute, losing money, or tarnishing your reputation.
Mitigate this risk by having simple contract agreements reviewed by legal experts to give you peace of mind that you won’t be compromised.
Professionalism
Sending a well-designed contract template to prospective stakeholders screams, “this person means business, and I must take them seriously!”
This doesn’t mean you come across as overly formal, too serious, or untrusting. The purpose of the contract is to exchange value in the form of consideration. Your template is an opportunity to show other parties that you’ve thought about their interests in addition to your own.
Accountability
The often-overlooked benefit of contract agreements is the clarity and accountability it provides for all parties. Disputes are formed because trust is broken, or expectations were mismanaged.
Not only does a contract agreement limit these variables, but it also acts as a standard for performance, thus getting better results for everyone involved.
Scale
Having contract samples across your organization enables your business to scale internal and external processes.
When you have established compliant contract templates, you can leverage your team, clients, partners to give you feedback on how you can refine your documents for future dealings.
Another benefit is having all of your templates reviewed by your legal team periodically, saving you time and headache in the long run.
Lastly, having centralized contract documents in your organization is a constant reference point. Even if people join or leave your team—your templates will continue providing on-going consistency.
Reduce guesswork and speed
up your signing process
When you need to sign the same document over and over, templates are your best friend. Fields are auto-completed for you and repeat signers. You’ll never have to manually prepare documents again.
Frequently Asked Questions
Some questions you might be
asking before making the switch
If what you’re trying to do warrants a formal agreement with other parties, then it’s best to have a written up contract with the help of legal services. At a minimum, you should use a contract template that’s created specifically for your situation.
Legally, there are no rules as to who signs the contract first, as long as all parties agree to the terms. So only sign when you’re willing to accept the promises in the agreement.
Having a contract template makes this easy as it’s a document you use repeatedly—therefore, surprises are limited.
Yes, our templates come in an editable Word document so you can make customizations as you see fit. Keep in mind that our templates are created with the aid of legal experts, so you may need to consult a lawyer if you’re seeking to make drastic changes.
A contract is usually considered void in the following scenarios:
- A party breaches the terms of the contract
- The agreement goes against public policy
- Consideration by a party is not given
- The contract depends on an impossible event
- There’s a material mistake in the conditions of the contract
- One or more parties didn’t have the capacity to enter the contract
- A false representation of facts have been committed
Yes! They are 100% free and you can download a Word and/or PDF copy of your selected contract agreement template. No payment required.
Create and share templates
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When you need to sign the same document over and over, templates are your best friend. Fields are auto-completed for you and repeat signers. You’ll never have to manually prepare documents again.
What is an agreement?
The acceptance of particular rights and obligations of all the parties involved is brought in the written form of a document which is known as agreement. The agreement binds both parties to perform several duties and also refrains from doing several things.
When an agreement is signed between two parties, there is a meeting of minds. The agreements are usually signed when all the parties involved in the agreement have a common purpose. There are also several compromises that are required to be made by the involved people or parties when they get into a written agreement.
The agreement has a lot of importance since they are legally binding documents and they don’t let any of the participants violate the rules and regulations set by the agreement.
What is the format of an agreement between the two parties?
There is no specific format to be followed when it comes to creating a professional looking agreement. The format generally depends on the type of agreement you are going to sign. In general, the agreement includes the title of the agreement at the top.
The detail of all the parties involved in the agreement should be stated in the agreement. The terms and conditions of the agreement are also specified in the agreement. At the end of the agreement, there is space for the signatures of all the parties involved.
How to do I write an agreement letter?
Writing an agreement letter effectively matters a lot as it plays a vital role in solidifying the agreement between two or more parties. When you are writing an agreement letter, make sure that you add all the relevant details in it. The agreement letter missing any important detail can make it totally useless.
You should meet the other parties who you want to sign an agreement with. An agreement becomes less complicated when you discuss everything with the other parties in person. Outline all the details on a rough paper before you put them in an agreement letter. Add the title at the top of the letter. Include other details regarding the agreement such as contact details of all the parties.
Make sure that you have explained the purpose of writing this letter well. All the things which are required to be done after getting into the agreement should be stated. Terms and conditions should also be mentioned in the agreement letter.
How do you write a contract?
A contract is such an element which is enforced by the law of the country. One should be more careful while writing the contract because whatever details are mentioned in the contract get the legal value once they are signed by the parties involved.
You can write an effective contract once you get the information about how to write the contract.
- Keep the contract simple and to the point
- Detail all the considerations
- Describe different clauses in the contract that are important to be mentioned
- It should be clearly described that under what conditions the contract can be terminated by any of the parties.
- The duration for which the contract is considered to be legal should also be stated in the contract.
What are the legal agreements?
Legal agreements are commonly known as contracts which are called legal because they are enforceable by the law.
The legal agreements have a lot of importance because violating the terms and conditions mentioned in legal contracts allow the injured party to access the courts for compensation of loss.
These contracts are basically used by different parties when they want to get legal rights after entering into an agreement. Moreover, they also have to get some legal obligations with legal rights. These contracts are very effective when you want the involved parties to perform their duties well.
What is a letter of understanding and agreement?
Letter of understanding and agreement is another type of agreement document which is used to document all those negotiated points related to the agreement which were discussed verbally earlier.
The main purpose of this letter is to review all the details about the services, terms, conditions and a lot more which have already been agreed upon by the parties involved in the agreement. The main details that are added to this letter are:
- Overview of all the tasks that are required to be performed by any of the parties
- The main parts or targets of the work to be achieved.
- Those parts of the work that have already been accomplished
In different countries, the letter of understanding and agreement is given too much importance due to the benefits they come with.
Must you need an agreement to start a business?
You are not needed to have an agreement with anyone if you are going to start your own business solely.
However, if you are going to start your business with a partner, you must sign an agreement with your partner. There are different situations in which you may need a partner to start a business with you.
You may need a partner to invest money in the business. Sometimes, you are needed to get a partner because you don’t have adequate knowledge about running the business. No matter, what the case is, it is always recommended to start a business with your partner after signing an agreement so that you can protect your rights.
Agreement templates for MS Word and PDF
Agreement templates for MS work and PDF are available on the internet for those people who don’t know how to draft an agreement in a professional way.
These templates allow the user to edit them according to the needs of the user. For example, if the user wants to add another clause in the agreement, he can easily customize the template to make it more suitable for your business.
Most of the agreement templates are prepared in MS Word and PDF format as they are easy to edit and use. Moreover, the user can print them very easily.
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