Sample of a Working Agreement

Sample of a Working Agreement

A working agreement, also known as a service agreement or contract, is a legally binding document that outlines the terms and conditions of a business relationship between two parties. It is essential to have a working agreement in place to protect the interests of both parties and to ensure that all expectations and obligations are clearly defined.

Here is a sample of a working agreement that can be used as a guide:

PARTIES

This working agreement is made and entered into on 2024 by and between [Client Name], with a mailing address of [Address], hereinafter referred to as “Client,” and [Service Provider Name], with a mailing address of [Address], hereinafter referred to as “Service Provider.”

SERVICES

Service Provider agrees to provide the following services to Client:

[Description of Services]

TERM

This working agreement shall commence on 2024 and shall continue until [termination date] or upon completion of the Services, whichever occurs first.

FEES AND PAYMENT

Client agrees to pay Service Provider a total fee of [amount] for the Services listed in section 2. Payment will be made [payment schedule]. Client shall pay a deposit of [amount] upon signing this agreement, with the balance due upon completion of the Services.

TERMINATION

Either party may terminate this agreement at any time upon [notice period]. Upon termination, Client shall pay Service Provider for all Services rendered up until the date of termination.

INTELLECTUAL PROPERTY

All original works, ideas, concepts, and materials created or developed by Service Provider shall remain the property of Service Provider. Client is granted a non-exclusive, non-transferable license to use such materials for its own business purposes.

CONFIDENTIALITY

Service Provider agrees to hold all information received from Client in strict confidence and to use such information only for the purpose of providing the Services. Client agrees to hold all information received from Service Provider in strict confidence.

WARRANTIES AND REPRESENTATIONS

Service Provider warrants that it has the necessary skills and expertise to provide the Services listed in section 2. Client warrants that it has the legal right to enter into this agreement.

INDEMNIFICATION

Client agrees to indemnify and hold harmless Service Provider from any and all claims, damages, or expenses arising from Client`s use of the Services.

LIMITATION OF LIABILITY

Service Provider`s liability under this agreement shall be limited to the amount paid by Client for the Services.

GOVERNING LAW

This working agreement shall be governed by the laws of [state/province/country].

ENTIRE AGREEMENT

This working agreement constitutes the entire agreement between the parties and supersedes all prior communications, negotiations, and agreements.

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

[Client Name]

By: _____________________________

Title: ____________________________

[Service Provider Name]

By: _____________________________

Title: ____________________________

In conclusion, a working agreement is an essential document to protect the interests of both parties in a business relationship. It is important to have a properly written and detailed agreement that outlines the responsibilities and expectations of both the client and service provider. The above sample of a working agreement can be used as a guide when creating a contract for your business.

Canary@Store2023