Simple Mutual Agreement Format
Simple Mutual Agreement Format
1. Parties Involved
This Mutual Agreement is entered into by and between:
Party A: [Name of Party A], a [Entity Type] organized under the laws of [State/Country], with a principal place of business at [Address].
Party B: [Name of Party B], a [Entity Type] organized under the laws of [State/Country], with a principal place of business at [Address].
2. Purpose of the Agreement
The purpose of this Agreement is to establish a formal understanding between Party A and Party B regarding [describe the purpose of the agreement, e.g., the exchange of services, a joint venture, etc.].
3. Terms and Conditions
3.1 Obligations of Party A
Party A agrees to [describe obligations of Party A].
3.2 Obligations of Party B
Party B agrees to [describe obligations of Party B].
3.3 Term
This Agreement shall commence on [Start Date] and will continue until [End Date] unless terminated earlier as provided herein.
3.4 Termination
Either party may terminate this Agreement upon [number] days written notice should the other party breach any provision of this Agreement and fail to remedy such breach within [number] days of notice.
4. Confidentiality
Both parties agree to keep all terms of this Agreement and any information exchanged confidential, except as required by law or with prior written consent of both parties.
5. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [State/Country].
6. Signatures
[Your Name]
Party B
