Third-Party Payment Agreement
This Agreement is made and entered into on [date], by and between [Your Company Name], a Cardstock manufacturing business, hereinafter referred to as the "Company," and [Affiliate’s Company Name], hereinafter referred to as the "Affiliate."
1. Purpose and Scope:
This Agreement establishes the terms and conditions under which the Company agrees to pay a third party, Alisson's Branches, for marketing services rendered, as outlined in the budget of $[000,000].
2. Parties:
A. Company:
B. Affiliate:
Name: [Affiliate’s Company Name]
Representative: [Affiliate’s Representative Name]
Address: [Affiliate Company Address]
3. Payment Terms:
The Company agrees to pay the Affiliate a total sum of $[000,000] for marketing services provided. Payments will be made in installments as follows:
A. First Installment: $[000,000] - Due on [Month Day, Year]
B. Second Installment: $[000,000] - Due on [Month Day, Year]
C. Third Installment: $[000,000] - Due on [Month Day, Year]
4. Invoicing:
The Affiliate shall submit detailed invoices for each installment to the Company. Invoices must include a breakdown of services provided, corresponding costs, and necessary supporting documentation.
5. Term and Termination:
This Agreement shall commence on [Month Day, Year], until [Month Day, Year]. Either party may terminate this Agreement with written notice if the other party breaches any material term or condition.
6. Confidentiality:
Both parties agree to keep all confidential information received during this Agreement confidential and to use such information only to fulfill obligations under this Agreement.
7. Governing Law:
This Agreement shall be governed by and construed per the laws of the State of [State].
8. Entire Agreement:
This Agreement constitutes the entire understanding between the parties and supersedes all prior discussions, negotiations, and agreements, whether oral or written.
IN WITNESS WHEREOF, the parties hereto have executed this Marketing Third-Party Payment Agreement as of the Effective Date.
[Your Company Name]
[Your Name]
[Your Title]
[date]
[Affiliate’s Company Name]
[Affiliate’s Representative Name]
[date]
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