Ultimate Book of Business Forms by Entrepreneur Press

Author:Entrepreneur Press
Language: eng
Format: epub
Publisher: Entrepreneur Press
Published: 2011-03-09T16:00:00+00:00

75. New Employee Announcement

76. Employee Master Database

CHAPTER 9

Contracts and Agreements

AS A BUSINESS OWNER, YOU WILL RECEIVE and administer all kinds of contracts and agreements, the most common legal transactions you will be involved in when running a business. Properly executed contracts provide grounds to legally enforce and dispute business matters.

The surest way to maintain clear understandings with your customers and vendors is to document your arrangements in written agreements. We have included here several useful and universal contracts and agreements.

Use the Bill of Sale to record the terms of a simple sale of goods or property. The Unsecured Promissory Note is a legal document that documents a promise to pay money at a future date. Use this document to memorialize simple business or personal loans. The Secured Promissory Note and Security Agreement is a legal document that memorializes a loan, but it goes a step farther: it grants to the lender the right to repossess property in the event the loan is not repaid. The Secured Promissory Note and Security Agreement gives the lender greater rights and power than the Unsecured Promissory Note.

The Consulting Services Agreement is a general and universal agreement suitable for nearly all types of consulting services firms. Customize the agreement to cover the particular services that you offer.

The Multimedia Development Contract is a contract suitable for use by Web developers, programmers, and print and graphic designers. Keep in mind, however, that you’ll need to customize the contract to cover the particular services you offer.

The Mutual Compromise Agreement and Mutual Release is an agreement to finally and forever settle a dispute between two parties. Use this agreement to finalize the resolution of conflicts and lawsuits between you and third parties.

Use the Checklist for a Buyer’s Purchase Order for quality assurance, knowing that the final order is correct in its wording as to all terms and conditions. The Checklist for Modifying or Extending an Existing Contracts to ensure the changes you make to a signed agreement are compliant and correctly communicate all amendments, redefined terms, and other changes.

If your company is the seller, refer to the Checklist for Purchase Orders Where Your Company Is the Seller to confirm you’ve clearly established the terms and conditions of the sale including pricing, loss assessment, shipping, and delivery dates.

Use the Checklist for Sales Agreements Where Your Company is the Seller to ensure the correct legal name of parties, effective dates of the contract are set, the terms, and more.

Refer to the sample Terms of Purchase to help you establish the contractual obligations of the buy. In addition, the seller can use the sample Terms of Sale form to establish the delivery and payment terms agreed on between your company and the buyer.

If your contract will require legal counsel, refer to the Examples of Legal “Boilerplate” for assigning a lawyer, lawyer fees, and venue, and defining the overall legal contract.

The Lawyer Engagement Letter can be used as a sample letter to request legal representation from your chosen firm. Once your company is

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.