Generic Contract
GENERIC CONTRACT
This Generic Contract (the "Contract") is drawn up this [EFFECTIVE DATE] (the “Effective Date”), by and between, [YOUR COMPANY NAME] (the "Service provider"), situated at [YOUR COMPANY ADDRESS] and [CLIENT'S NAME] (the "Client"), situated at [CLIENT'S ADDRESS]. Collectively, the entities involved are referred to as the "Parties," and individually as a "Party."
1. Definitions:
In this Agreement, the following terms shall have the meanings set forth below:
1.1 Services
Shall mean the marketing services to be provided by [YOUR COMPANY NAME] to Johnson Enterprises, as further described in Exhibit A attached hereto.
1.2 Fee
Shall mean the compensation to be paid by Johnson Enterprises to [YOUR COMPANY NAME] for the Services, as specified in Section 4 herein.
1.3 Confidential Information
Shall mean any non-public information disclosed by one party to the other party in connection with this Agreement.
2. Scope of Agreement:
2.1 Provision of Marketing Services
[YOUR COMPANY NAME] agrees to provide marketing services to Johnson Enterprises by the terms and conditions of this Agreement and Exhibit A.
2.2 Cooperation
Johnson Enterprises agrees to cooperate with [YOUR COMPANY NAME] and provide any necessary materials or information reasonably requested for the performance of the Services.
2.3 Additional Services
Any additional services beyond those explicitly stated in this Agreement shall require written agreement by both parties.
3. Term and Termination:
3.1 Commencement and Duration
This Agreement shall commence on [Effective Date] and shall continue for one year unless terminated earlier under the terms herein.
3.2 Termination
Either party may terminate this Agreement upon thirty (30) days written notice to the other party in the event of a material breach of this Agreement by the other party.
3.3 Payment upon Termination
Upon termination of this Agreement, Johnson Enterprises shall pay [YOUR COMPANY NAME] for any Services performed before the effective date of termination.
4. Fee and Payment Terms:
4.1 Service Fee
Johnson Enterprises shall pay [YOUR COMPANY NAME] a fee of [AMOUNT] for the Services provided under this Agreement.
4.2 Payment Terms
Payment shall be made monthly within fifteen (15) days of receipt of an invoice from [YOUR COMPANY NAME].
4.3 Late Payment
Late payments shall accrue interest at the rate of 1.5% per month until paid in full.
5. Confidentiality:
5.1 Confidentiality Acknowledgment
Both parties acknowledge that during the term of this Agreement, they may have access to confidential information of the other party.
5.2 Confidentiality Obligation
Each party agrees to maintain the confidentiality of the other party's information and not to disclose it to any third party without prior written consent, except as required by law.
6. Governing Law and Jurisdiction:
6.1 Governing Law
This Agreement shall be governed by and construed by the laws of [Governing Jurisdiction].
6.2 Dispute Resolution
Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive [Jurisdiction]
7. Entire Agreement:
7.1 Entire Agreement
This Agreement constitutes the entire understanding and agreement between the parties concerning the subject matter hereof and supersedes all prior agreements, understandings, and communications, whether written or oral, between the parties relating to such subject matter.
7.2 Amendment
This Agreement may be amended only by a written instrument executed by both parties.
8. Severability
If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall continue to be valid and enforceable to the fullest extent permitted by law.
9. Waiver
The failure of either party to enforce any provision of this Agreement shall not constitute a waiver of such provision or any other provision herein.
10. Counterparts:
This Agreement may be executed in counterparts, each of which shall be deemed an original but all of which together shall constitute the same instrument.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
[YOUR COMPANY NAME]
[DATE SIGNED]
[CLIENT'S NAME]
[DATE SIGNED]
