A letter of agreement is an important document in a business relationship, but with so many types of agreements, it can be difficult to know what each one needs to include. Using an agreement template makes the task much easier. That way you can focus your time and energy on more important aspects of your business transaction.
Below, we have different agreement templates arranged by purpose, which saves you the trouble of making one from scratch. Learn about the different kinds of agreements here, and then choose the one that works best for your needs.
Why Use an Agreement?An agreement letter defines in writing the terms of an agreement between two or more parties, so each party knows exactly what they are responsible for. It also protects their legal rights.
Letters of agreement help prevent confusion or additional negotiations later on, since each business associate can refer back to the document at any time.
Common examples of agreements include tenancy agreements, car rental agreements, and payment agreements. Each agreement letter will contain different information depending on what it’s for.However, agreement letters almost always contain this information:
- Contact information for both parties
- Location/state whose laws apply to the agreement
- Terms and conditions of the business relationship
- Terms of payment
- Start date of the agreement
- End date of the agreement
Agreement SamplesA sample agreement is a great way to make sure that your agreement has all the information it needs, presented in a professional, polished way. Let’s take a closer look at some different types of agreement letters. We have a number of agreement templates you can easily download, fill out, and print.
Non-disclosure AgreementsA non-disclosure agreement, also known as a confidentiality agreement, details what information should not be shared outside of the parties in the agreement. It may cover information or materials (such as photos) that cannot be shared with third parties.
An example of a non-disclosure agreement is a HIPAA confidentiality agreement. HIPAA laws mandate that patient information cannot be shared with third parties by a patient’s healthcare provider. Many medical offices will have these non-disclosure agreements for vendors, contractors, students, or other non-employees who work with them.Confidentiality agreements may be used in many other cases, as well. If you are catering a celebrity event, for example, you might need a non-disclosure agreement stating that employees may not take or share photos or audio. Our non-disclosure agreement templates make it easy to make your own.
Business Confidentiality Agreement
Basic non-disclosure agreement that defines information considered confidential, and a plan of actions in case of disclosure.
Mutual Confidentiality Agreement
This mutual confidentiality agreement sample is for two company owners planning to merge their businesses. They wish for important company inside information to remain confidential throughout their business dealings, so they sign an agreement that obligates them to refrain from disclosing private matters to others.
Client Confidentiality Agreement
This is a client confidentiality agreement between a consultant and a business firm. It outlines the terms of the agreement, provides a list of subjects which are to be considered confidential information and lets the receiving party know its legal boundaries.
Tenancy AgreementsSeveral types of agreements are related to tenancy or tenant/landlord business relationships.
A security deposit agreement outlines the amount of security deposit to be collected, the reasons why the deposit may be kept, and when and how it will be returned to the tenant. The security deposit agreement is often part of a longer lease agreement.A lease agreement gives the terms of a lease, such as whether it is a month-to-month lease or for a fixed period of time. A sublease agreement is between a current tenant and a new tenant who temporarily will rent the space from the current tenant. All of these tenancy agreements also will have information about payment, expectations while renting the space, and beginning and end dates of the rental term. Our tenancy agreement templates help you ensure that all of the necessary information is there.
Commercial Tenancy Agreement
This sample commercial tenancy agreement is for the rental of a main street building that will serve as a spa. The building will not require any structural changes in order for the spa to begin operation, and the tenant has agreed to the landlord’s terms, conditions and monthly rental fee:
College Roommate Agreement
This college roommate agreement sample focuses on two college grad students who have rented a house off campus. One roommate is a female and the other roommate is a male. For this example, both students will have early morning classes and only one of the roommates is in a relationship with someone who is not residing in the home.
Room Rental Agreement
This room rental agreement sample describes the landlord’s expectations for room upkeep, property allowances, and house rules. This sample also states in detail the monthly payment of rent, the agreed upon price of utilities and the conditions of the possible termination of the lease.
Payment AgreementsPayment agreements are used in business relationships when one party agrees to pay another. Freelancers and independent contractors often use payment agreements with their clients to ensure that they will be paid fairly and on time. Many payment agreements also fall under other categories, such as service agreements.
A car rental agreement is a type of payment agreement. Car rental agreements likely will cover insurance information, contain a description of the vehicle and its registration information, list the odometer reading, and note any existing wear and tear so the renter is not liable.A vendor agreement is another type of payment agreement used when a vendor at a fair or market must enter into an agreement with the hosting party. In a vendor agreement, the vendor may pay for their space up-front, but then keep any profits from the event, or may agree to pay a commission of their profits to the host.
These agreements cover payments, but also line up terms and conditions of what is expected of both parties.
Solar Power Purchase Agreement
Purchase AgreementsA purchase agreement outlines the terms of a one-time purchase, rather than an ongoing payment.
A car sale contract agreement falls under this category. This agreement will contain details about the vehicle itself, any damages or issues, and the odometer reading. It also will state the date of sale and the purchase price, or information about an agreed-upon payment plan. The sale contract should state that the car’s title is clear and the seller has full authority to sell that car. The contract also may mandate a pre-purchase inspection before the sale is completed.Other kinds of purchase agreements include real estate agreements or land sale contracts. These agreements will mention necessary details about mortgages and loans, whether the seller will help with closing costs, if a home inspection is required, and any appliances or furniture being sold with the home.
Other information may be necessary, depending on the type of purchase being made. Our purchase agreement samples below make it easy to find the right agreement for your upcoming purchase or sale.
Equipment Purchase Agreement
This equipment purchase agreement sample document details the selling of a series of televisions and DVR recording devices. The agreement is between an electronic company named A to B Electronics and a sports bar called X and Y Sports Bar. This sample includes the necessary information for both companies, a description of the equipment being purchased, and a maintenance agreement and a payment plan.
Stock Sale Agreement
This stock sale agreement states the opening costs of the stock, as well as the cost of multiple shares. The sample also details the closing price of the stock and the company’s expectations regarding the closing of that stock.
Stock Subscription Agreement
This stock subscription agreement sample includes all of the necessary information about two companies entering agreement as well as the prices of the stocks as a group and individually. The sample also covers the closing costs and details pertaining to the risks of purchasing stocks. Another component addressed in this sample is the expectations the investors and the company have regarding their financial relationship.
Partnership AgreementsA partnership agreement is between two people who are entering a business partnership, such as starting a company together.
This document outlines each person’s roles and responsibilities. It contains provisions for everyday company operations so that no one is confused about what they are expected to do. It also will describe what will happen if the partnership is dissolved for any reason.The agreement should state how much money each person is investing to start the company, how payment will work, and what will happen if one of the partners voluntarily leaves the arrangement or is forced to leave due to death or illness. One other important thing that a partnership agreement may contain is how decisions will be made when the partners disagree.
Real Estate Partnership Agreement
This real estate partnership agreement sample is between two friends who are purchasing four rental homes together. They have agreed that both partners will take equal responsibility for the initial purchase of the homes and the costs of renovations. The sample will also state all of the expectations that the partners have for one another after the homes have been renovated, and their participation in the renting of the properties.
Product Distribution Agreement
This product distribution agreement sample is for a partnership between a toy manufacturer and a department store. It clearly states the terms of their agreement in a concise, formal manner.
Partnership Business Agreement
This is a partnership business agreement sample for a new company. The owner is creating a partnership to help get his business off the ground, so to make everything clear and legal, he draws up an agreement that lays out the terms.
General Partnership Agreement
This general partnership agreement sample pertains to the formation of a baking company between two partners. The agreement describes the roles of both of the partners within the company. It also lays out the various details concerning start-up investments, the division of profits, and the possibility of the partnership dissolving.
Operating AgreementsOperating agreements are similar to partnership agreements, but are used for limited liability companies (LLCs) instead of partnerships. LLCs typically have multiple members, instead of just two partners. However, the terms “operating agreement” and “partnership agreement” sometimes are used interchangeably.
The information contained in an operating agreement is essentially the same as that of a partnership agreement. It should describe how basic business operations will function, including contribution and reimbursement expectations. It also should outline what will happen if disagreements, or worse, arise, and how decisions will be made. This kind of agreement helps business partnerships run more smoothly, even in the face of the unexpected.
Series LLC Operating Agreement
This series LLC operating agreement sample pertains to a limited liability company that owns three properties, as well as three small businesses located on those properties. This sample will include the expectations of the members within the “master” LLC, as well as the members of the individual properties and businesses.
Real Estate LLC Operating Agreement
This real estate LLC operating agreement sample is based on the formation of a small LLC with six different properties (a parking garage, four rental homes, and a small business). The owners of the properties state the individual assets included with their properties, their individual roles and expectations within the company, and the various actions needed if there is negligence towards a property or if a member of the LLC leaves.
Member Managed LLC Operating Agreement
In this member managed LLC operating agreement sample all of the members are equally contributing to the company. The terms and conditions for each member are the same, including each member equally splitting the costs of buying out an obsolete member.
Limited Liability Operating Agreement
This limited liability operating agreement sample shows the formation of an LLC by seven different members. Each individual member is providing different types of assets to the LLC. This sample will state the conditions of each individual member concerning profit gain and loss. This sample will also provide a brief overview of a “managerial operating agreement” that could be included, as well.
Business Operating Agreement
Basic business operating agreement sample for a computer repair business.
Service AgreementsA service agreement is used when one individual or business provides a service to another. Service agreements may be used by freelancers, contractors, consultants, or anyone who needs or provides a service. Either side may provide the service agreement, whether it’s the party that’s providing the services or the party that’s contracting the services provided.
Service agreements protect both parties by outlining what services are expected, when or for how long they will be provided, and how much the provider will be compensated for those services. These agreements may contain details on the payment method, how the services will be performed, or what will happen if extra services are requested. A good service agreement helps both parties understand what is expected of them, preventing disagreements and unfair conduct.
Professional Service Agreement
This professional service agreement includes a description of the services to be provided, expectations of both parties, and the conditions of time and payment. It also includes specifics as to what would happen if the services are unsatisfactory.
Management Service Agreement
This management service agreement sample includes a detailed description of the services to be provided, as well as what all parties are to expect from the services. It also includes an agreed deadlines, pricing, and what all parties responsibilities would be if the service is terminated.
Internal Service Level Agreement
This internal service level agreement sample is for a company and its technical support department. It clearly outlines the service department's roles and responsibilities as they relate to the smooth running of the company as a whole, listing its offerings and scheduling. It is approved and signed by the appropriate managers.
Computer Service Agreement
This computer service agreement provides a description of the services provided to the customer as well as a detailed price agreement. It outlines what should happen if the services are not finished on time, not done up to the customer’s standards, or if the service provider damages any property.
Website Maintenance Agreement
Basic website maintenance agreement sample between a client and a website developer.
Computer Maintenance Agreement
This computer maintenance agreement sample covers the terms and conditions of a partnership between a business firm and a computer maintenance company.
Other Agreement SamplesIn addition to the categories listed above, we have many other types of agreement letters. You’ll find more agreement templates for a variety of situations here. These templates make it easy to cover all of the necessary information, no matter what kind of agreement it is.
Product Development Agreement
This product development agreement sample between a company and a product developer outlines the terms and conditions and is signed and dated by the two representatives.
Patent License Agreement
Patent licensing agreement sample between an inventor and a manufacturer to transfer the patent over and clearly lists all of the terms and conditions of the arrangement.
Marital Dissolution Agreement
This marital dissolution agreement sample is written by a divorce lawyer whose client is petitioning for dissolution of marriage. He meets with the client and her husband and records all of their agreements on the division of their property in order to have seamless divorce proceedings.
Equipment Lease Agreement
Basic equipment lease agreement sample for a steam cleaner rental company.
Construction Loan Agreement
This construction loan agreement sample is between a builder and a lender and details how the funding will be disbursed and what will happen if either party does not perform their obligations.
At Will Employment Agreement
This sample at will employment agreement is for a computer programmer who is going to work for a software developer. It is vitally important to the employer that newly developed software is developed in confidentiality and that no intellectual property laws are violated by employees.