Title

 The document often begins with a clear title, such as "Service Agreement," "Lease
Agreement," "Employment Contract," or "Sales Contract."
2. Introduction/Recitals
 This section includes the background information and context of the agreement,
identifying the parties involved and the purpose of the contract.
 Example: "This Service Agreement is entered into on [Date] by and between [Party A], a
[Description of Party A, e.g., 'corporation'] with its principal place of business at
[Address], and [Party B], a [Description of Party B] with its principal place of business at
[Address]."
3. Definitions
 Key terms used in the contract are defined here to ensure all parties understand them the
same way.
 Example: "'Services' refers to the consulting services provided by [Party A] as described
in Section 2."
4. Terms and Conditions
 Obligations of Parties: This is the core of the contract, detailing what each party agrees
to do or provide.
o Example: "[Party A] agrees to provide the following services to [Party B]:
[Detailed description of services]."
 Payment Terms: Details about how, when, and how much payment will be made.
o Example: "[Party B] agrees to pay [Party A] [Amount] upon completion of the
services."
 Duration: The timeframe of the contract, including start and end dates.
o Example: "This Agreement shall commence on [Start Date] and continue until
[End Date] or until terminated by either party as provided herein."
5. Termination Clause
 Outlines how and under what conditions the contract can be terminated.
 Example: "This contract may be terminated by either party with [Number] days' written
notice to the other party."
6. Confidentiality Clause
 Specifies what information must be kept confidential and how it should be handled.
  Example: "Both parties agree to keep all confidential information disclosed during the
term of this agreement confidential and not to disclose it to any third party."
7. Dispute Resolution
 Describes how disputes arising from the contract will be handled, such as through
arbitration or litigation.
 Example: "In the event of a dispute, the parties agree to first attempt to resolve the matter
through mediation. If mediation fails, the dispute shall be settled by binding arbitration
under the rules of [Arbitration Body]."
8. Governing Law
 States which jurisdiction’s laws will govern the contract.
 Example: "This Agreement shall be governed by and construed in accordance with the
laws of the State of [State]."
9. Signatures
 The contract ends with spaces for the signatures of the parties involved, along with the
date of signing.
 Example:
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____________________________ ____________________________
[Party A's Name] [Party B's Name]
Date: ________________ Date: ________________
10. Additional Sections (if needed)
 Indemnity Clause: Specifies how parties will handle potential legal liabilities.
 Amendment Clause: Outlines how changes to the contract can be made.
 Force Majeure Clause: Covers what happens if an unforeseen event (like a natural
disaster) prevents a party from fulfilling their obligations.
Group Task
Service Agreement: A contract for providing marketing services to a small business.
Employment Contract: A contract for hiring an employee with specific job responsibilities,
salary, and benefits.
Lease Agreement: A contract for renting office space or equipment.
Sales Agreement: A contract for the sale of goods between a manufacturer and a retailer.
Partnership Agreement: A contract outlining the terms of a business partnership between two
or more parties.
Construction Contract: A contract between a property owner and a contractor, detailing the
construction project's scope, timelines, payment terms, and responsibilities.
Loan Agreement: A contract for a loan provided by one party to another, detailing repayment
terms.
Franchise Agreement: A contract between a franchisor and franchisee outlining the terms of
operating a franchise.
Consultancy Agreement: A contract for consulting services provided by an expert to a business.
Non-Compete Agreement: A contract restricting an employee from working with competitors
after leaving the company.
Supplier Agreement: A contract between a business and a supplier for the regular provision of
goods or materials.
Joint Venture Agreement: A contract for a temporary partnership between two companies to
undertake a specific project.