The Offeree and the Offeror, defined below, and sometimes referred to in this document as “Parties”, intend to enterinto this legally binding Painting Contract, hereafter sometimes referred to as “Agreement”, on this day of , sometimes referred to in this document as “Effective Date.”
The party consisting of , with principal place of business , with email address or other contact information: shall be known within this Agreement as “Offeree,” and is the party receiving initially offered items in exchange forthe offer of items “Offered in exchange.”
The party consisting of Marques & Tiana Cameron, with principal place of business, Cameron Consulting, with email address firstname.lastname@example.org shall be known within this Agreement as “Offeror,” and is the party offering items “Initially Offered” beneficial to the other Party and receiving items “Offered in Exchange”.
The Contract will be Offered starting on this “Offer Date” of , and continueits availability of acceptance until the “Expiration Date” of , and comeinto effect on the “Effective Date,” stated as the time this contract is signed by the Offeree, in the section titled“Acceptance”.
Parties agree that they are of legal age (18 years old as of the Effective Date) to enter into and execute a legallybinding contract, and that no laws, regulations, prior or currently in-effect contracts or other legal agreements prohibitentering into this Agreement.
The Parties acknowledge that by signing this agreement, they form a legally binding contract which stipulates thateach party has read and understands fully all clauses within this agreement. To foster complete understanding, allreasonable measures are taken:
Time to ReviewThis agreement, signed by the Offeror on the Date indicated by the signature, shall remain ready to sign by the otherParty, without changes, for a Review Period of 15 days after the Offer Date, for the Offeree tohave time to fully consider the contract. During this time, it is encouraged for the Offeree to seek legal advice andfully read and understand the contract, as well as all rights and privileges that are available to the Offeree in theabsence of this Agreement.During the Review Period, the Offeree may Accept this Agreement by signing and returning a copy of the duly signedAgreement to the Offeror, through electronic means.
ExpirationAfter 15 days of the Review Period, if Acceptance is not received by the Offeror, this Agreement willautomatically be considered voided.
The venue for any disputes relating to or arising from the Agreement will be in the local jurisdiction where the Contractis created. When a legal action arises from the agreement, the prevailing party shall be awarded reasonable attorneyfees and court costs from the non-prevailing party.
If a dispute arises from this agreement and parties are unable to resolve their dispute, then both parties hereby agreeto seek mediation prior to filing a lawsuit. Mediator(s) should be a neutral third party which is mutually agreed uponand chosen between both parties.If either party initiates a lawsuit without attending mediation, then that party shall not be entitled to recoveringattorney fees and court costs even when otherwise entitled parties agreed to seek first mediation as a solution forany disputes.If both parties attend mediation and are unsuccessful in reaching a mutually agreeable resolution, then both partiesagree to attend legally binding arbitration. In this case, the arbitrator shall be mutually agreed upon by both partiesand be experienced in residential real estate law and shall include a written record of the arbitration hearing. Byinitialing the spaces provided in both parties agree to attend arbitration if mediation is not successful. If both partieselect this arbitration clause and one party initiates a lawsuit without attending arbitration, then that party shall notbe entitled to recovering attorney’s fees and court costs even when otherwise entitled.
This Contract cannot be re-assigned without consent from all Parties. In the event of the dissolution or cessation ofany entity’s existence which was a Party to this Contract, the remaining party(ies) may terminate the contract andseek compensation or damages from the previous owners, parent organizations, investors, or other persons or Partieswhich have previously held ownership or control of the dissolved or ceased entity or its parents.
Goods and Services Offered As-Is. The goods are not subject to any warranty, standard, or certification of any kind bythe Offeror or Offeree, except those warranties, standards, or certifications which are granted by Governing Law ofthis Contract.
IN WITNESS WHEREOF, on , (Execution Date) Offerorundersigned intending to be legally bound, have caused their duly authorized officers to execute and deliver thisbinding Contract, to any successors, executors, heirs, administrators, and assigns, between the Parties formed intoa legal agreement under the Governing Law, Offered as of the day and year first written.
IN WITNESS WHEREOF, on , (Execution Date) Offereeundersigned intending to be legally bound, have caused their duly authorized officers to execute and deliver thisbinding Contract, to any successors, executors, heirs, administrators, and assigns, between the Parties formed intoa legal agreement under the Governing Law, effective as of the day and year first written.
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Document Name: Barter Agreement
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