What Is a Hotel Guest Agreement? The hotel guest agreement contains the terms and conditions of the accommodation that is signed among the hotel and the guest. The hotel guest agreement form is filled by the guest before the guest uses the room. The hotel room guest agreement has to be signed by the guest […]
A Brief Introduction About the Outsourcing Agreement What is an outsourcing contract? The definition of outsourcing is to simply contract out. An outsourcing contract is an agreement between a company and a service provider where a specific service needs to be provided against a mutually agreed fee. An example of outsourcing would be when the […]
What is a Copyright Assignment Agreement? When the creator of a specific work decides to transfer the ownership rights to another individual or firm, both parties enter into a ‘copyright assignment agreement’ This legal document contains the provisions of transfer in writing and is signed by the owner or his/her authorized agent. Who Are the […]
What Is a Sales Contract? A sales contract (also known as a sales and purchase agreement) is a legally binding document between a buyer and a seller for the sale/purchase of various goods or services. It lists down the description of the goods/services as well as other terms and conditions such as the price, time, […]
What Is an Employment Contract? An employment contract is between an employer and an employee. It governs the conditions of employment of the employee and lists the rights and obligations of both parties. It serves as a roadmap for the employer-employee relationship and makes both parties aware of what is expected of them. It can […]
A Brief Introduction About the Indemnification Agreement An indemnity agreement is a security or safety against a loss for any problem, liability, or damage. On the other hand, the Indemnity insurance definition is a contractual agreement. An indemnity agreement also safeguards proper recompense is obtainable for any damage and loss. Indemnity is mentioned as to […]
A sales representative agreement is a contract between a company and the people or organizations involved in selling its product or services. It defines various conditions related to the work, such as where the representatives will work, what product/service they will sell, where they will operate, and how they will be compensated. A company that […]
A Development Agreement is a contract between the owner of a property or asset and developer, wherein the latter agrees to get exclusive right to develop the real estate or any other tangible asset. The agreement is legally binding and highlights the terms and conditions of development and the rules that both parties have to […]
A Manufacturing Contract is a legal contract that is created between two organizations when they have mutually discussed and decided to enter into an agreement to manufacture and create a new product. In this type of legal documents, the first party is usually the company or organization who has the idea of manufacturing a new […]
An agreement between owner and contractor is a legal contract between the owner of the premises where a specific job needs to be performed and a licensed contractor who will perform the job. As there are two parties to the agreement, this is known as a bipartite agreement. The details of the job are provided […]
A Labor Agreement is drafted between a company or employer and a contractor or workers to lay down the terms and conditions related to the services that will be rendered, the details of the project, and payment. In case the contract is drafted between the employer and a labor union, it is called a collective […]
An ISDA Master Agreement is the most commonly used master contract for over the counter derivative transactions internationally. It has been published by the International Swaps and Derivatives Association. It constitutes the framework within which the documentation of over the counter derivatives may take place. It governs all the transactions that take place, in the […]