Free Simple Legal Contract Agreement Template

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Free Simple Legal Contract Agreement Template

Simple Legal Contract Agreement


I. Introduction

This Simple Legal Contract Agreement (“Agreement”) is entered into on this 20th day of December, 2050, by and between:

  • [Your Company Name], a corporation registered under the laws of the State of California, with its principal office located at [Your Company Address], represented by [Your Name] ("Party A").

  • GoWorld, a corporation registered under the laws of the State of California, with its principal office located at San Francisco, CA 94102, represented by Johann Harvey ("Party B").

The parties hereby agree as follows:


II. Purpose of Agreement

This Agreement sets forth the terms and conditions under which [Your Company Name] and GoWorld will engage in a business relationship. The primary purpose of this Agreement is to define the scope, expectations, responsibilities, and legal obligations of both parties in their business dealings.


III. Terms and Conditions

1. Responsibilities of [Your Company Name]

[Your Company Name] agrees to:

  • Provide services and products as outlined in the scope of work.

  • Maintain communication with GoWorld for progress updates and feedback.

  • Ensure all services are delivered in compliance with the agreed timeline and quality standards.

2. Responsibilities of GoWorld

GoWorld agrees to:

  • Make timely payments for services rendered as per the payment schedule in this Agreement.

  • Provide necessary access and support to [Your Company Name] to facilitate service delivery.

  • Communicate any issues or concerns promptly to ensure resolution.


IV. Payment Terms

GoWorld agrees to pay [Your Company Name] the total amount of $150,000 for the services provided under this Agreement. The payment will be made in the following manner:

  • Payment Schedule: Payments will be made in three equal installments. The first payment of $50,000 will be due upon the signing of this Agreement, the second payment of $50,000 will be due after 90 days, and the final payment of $50,000 will be due after the completion of the services outlined in the scope of work.

  • Late Payment Penalty: Any late payments will incur a penalty of 5% of the outstanding balance per month.

Payments shall be made to the designated bank account or via other methods as agreed upon in writing.


V. Confidentiality

Both parties agree to maintain confidentiality regarding all business, technical, and proprietary information exchanged during the term of this Agreement. This confidentiality obligation will remain in effect even after the Agreement’s termination.


VI. Term and Termination

This Agreement will commence on the 20th day of December, 2050 and will continue until 20th day of December, 2052, unless terminated earlier by either party in accordance with the termination provisions.

1. Termination for Convenience

Either party may terminate this Agreement with 30 days notice in writing to the other party.

2. Termination for Breach

If either party fails to comply with any material terms of this Agreement, the other party may terminate the Agreement by giving written notice, allowing a 15-day period to resolve the breach.


VII. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of California, without regard to its conflict of laws principles. Both parties agree to resolve any disputes arising out of or in connection with this Agreement in the courts located in California.


VIII. Miscellaneous Provisions

1. Entire Agreement

This Agreement contains the entire understanding between the parties with respect to the subject matter hereof and supersedes all prior agreements, whether oral or written, between the parties.

2. Amendments

Any amendments or modifications to this Agreement must be made in writing and signed by both parties.

3. Force Majeure

Neither party will be liable for any failure to perform due to causes beyond its reasonable control, including but not limited to acts of nature, war, or government regulations.


IX. Signatures

IN WITNESS WHEREOF, the parties have executed this Agreement as of the 20th day of December, 2050.


[Your Company Name]


[Your Name]
Position: Chief Executive Officer
Date: 20th December, 2050


GoWorld


Johann Harvey
Position: Managing Director
Date: 20th December, 2050


For any inquiries, please contact [Your Name] at [Your Email] or reach out to [Your Company Name] at [Your Company Email].

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