This is a standard template for the Letter of Agreement and can be customised for any project. A Letter of Agreement outlines the agreement reached by the parties in relation to specified project/activity. It lays down the parties' responsibilities, commercial terms and other terms as agreed by the parties thereto.
How to use this Document?
The undersigning parties should carefully read this Document.
The Letter of Agreement may be used when the parties intend to record the main terms pertaining to a project/activity in writing, in a non-binding form.
This Letter of Agreement should be signed by the authorised signatory. Both parties should sign and return a copy, and once signed, both parties should get a copy. To avoid any future disputes, both parties may wish to have their signatures witnessed.
How to Tailor the Document for Your Need?