THIS AGREEMENT is made the ________ day of _________________ year ______
BETWEEN: (1) _________________ of _________________ (the ‘First Party’);and (2) _________________ of _________________ (the ‘Second Party’).
NOW IT IS HEREBY AGREED as follows:
1. That in consideration of the promises made herein by the Second Party the First Party hereby promises and agrees that it shall: _________________ _________________ _________________ _________________ _________________ _________________ _________________
2. That in consideration of the promises made herein by the First Party the Second Party hereby promises that it shall: _________________ _________________ _________________ _________________ _________________ _________________ _________________
3. In consideration of the aforementioned promises, the Parties hereto agree that the following terms shall have effect: _________________ _________________ _________________ _________________ _________________ _________________ _________________
4. This agreement shall be binding upon the parties, their successors and assigns. This is the entire agreement.
5. [Nothing in this Agreement is intended to confer any benefit on a third party whether under the Contracts (Rights of Third Parties) Act or otherwise]. 1
IN WITNESS OF WHICH the parties have signed this agreement the day and year first above written.
_________________
Signed by or on behalf of the first party
_________________
Signed by or on behalf of the second party
1 This should be omitted if the parties desire the agreement to benefit a non-party and if they wish that the non-party should be entitled to sue in respect of it.
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