Commercial Agreement

Commercial Agreement

This Commercial Agreement ("Agreement") is entered into on [Date] by and between [Your Company Name], with its principal place of business at [Your Company Address], and [Party B], with its principal place of business at [Address], collectively referred to as the "Parties."

I. Purpose

The purpose of this Agreement is to establish the terms and conditions governing the commercial transaction between the Parties. This Agreement shall govern the sale of goods or services, define payment terms, specify delivery schedules, outline warranties and liabilities, ensure confidentiality, provide mechanisms for dispute resolution, and establish the governing law and jurisdiction.

II. Terms of Agreement

2.1 Commencement: This Agreement shall commence on [Date] and shall remain in effect until terminated as per the provisions herein.

2.2 Amendments: Any amendments or modifications to this Agreement shall be valid only if made in writing and signed by both Parties.

III. Scope of Work/Products/Services

Party B shall provide comprehensive marketing strategy development services, including but not limited to market research, competitor analysis, branding, content creation, and digital marketing campaign management.

IV. Payment Terms

5.1 Price: Party B shall pay Party A the agreed-upon price of [Amount] for the goods/services provided.

5.2 Invoicing: Invoices shall be submitted by Party B to Party A within 5 days of delivery of goods or completion of services.

5.3 Payment: Payment shall be made by Party A to Party B within 10 days of receipt of the invoice.

V. Delivery or Performance

5.1 Delivery: Party B shall deliver the goods to the location specified by Party B on or before the agreed-upon delivery date.

5.2 Performance: Party B shall perform the services in a timely and professional manner.

VI. Liability and Indemnification

6.1 Liability: Neither Party shall be liable to the other for any indirect, incidental, consequential, or punitive damages arising out of or in connection with this Agreement.

6.2 Indemnification: Each Party shall indemnify, defend, and hold harmless the other Party from and against any claims, losses, liabilities, damages, costs, or expenses arising from any breach of this Agreement.

VI. Confidentiality

Both parties agree to keep confidential all proprietary or sensitive information disclosed during this Agreement and to use such information solely to fulfill their obligations under this Agreement.

 

VIII. Termination

This Agreement may be terminated by either Party upon 15 days written notice to the other Party in the event of a material breach of any provision herein.

IX. Dispute Resolution

Any dispute arising out of or in connection with this Agreement shall be resolved through good faith negotiations between the Parties. If the Parties are unable to resolve the dispute through negotiations, either Party may initiate arbitration proceedings by the rules of [Jurisdiction].

X. Miscellaneous

10.1 Entire Agreement: This Agreement constitutes the entire agreement between the Parties and supersedes all prior and contemporaneous agreements and understandings.

10.2 Severability: If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

10.3 Waiver: The failure of either Party to enforce any provision of this Agreement shall not be deemed a waiver of such provision or any other provision herein.

This Agreement is governed by the laws of the [Jurisdiction]. The Parties approve and make this Agreement on the date first above written.

[Your Company Name]

By: [Your Name]

[Date Signed]

[Party B]

By: [Party B's Representative]

[Date Signed]

Agreement Templates @ Template.net