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Mastermind Agreement


Looking for a Mastermind Agreement for small group coaching services? Our contract offers clarity, structure, and affordability for career, life, wellness, executive, sport or other coaching services.

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Document Description

The Mastermind Agreement is a service agreement between the Coach and the Participant. The agreement outlines the obligations and responsibilities of both parties in relation to the Type Mastermind Program hosted by the Coach. The document begins with an interpretation section, defining key terms and providing general provisions. It then proceeds to outline the obligations of the Coach and the Participant.


The Coach's obligations include staying in efficient and reasonable communication with the Participant, providing coaching services in compliance with all applicable laws and regulations, and removing the Participant from the program in case of non-compliance with the agreement. The Coach is also responsible for providing services within the agreed-upon completion date and invoicing the Participant for the services rendered.


The Participant's obligations include providing honest feedback to the Coach, fully engaging in the program, and not using other participants' information for any purpose other than program-related conversations. The Participant is also responsible for paying the service fee in a timely manner and notifying the Coach of any disputes regarding the invoice.


The agreement also covers the completion of the work, service fees, limitation of liabilities, term and termination, confidential information, announcements/publicity, amendment, assignment, severability, further assurance, warranty of capacity and power, force majeure, no rights under agreements for third parties, arbitration and proper law, notices and service, and counterparts.


The document concludes with a schedule that outlines the services included in the Mastermind Program, such as hours of instruction, video training, downloadable workbook, and weekly meetings. It also specifies the cancellation policy and clarifies that the program does not include one-on-one coaching.


Overall, the Mastermind Agreement is a comprehensive document that clearly defines the rights, obligations, and expectations of both the Coach and the Participant in relation to the Type Mastermind Program.

How to use this document?

1. Stay in communication: The Participant should maintain efficient and reasonable communication with the Coach throughout the program. This includes providing feedback and actively engaging in the program.

2. Pay service fee: The Participant is responsible for paying the service fee in accordance with the agreed-upon schedule. Late payments may incur additional charges.

3. Use participant information appropriately: The Participant should not use other participants' information for any purpose other than program-related conversations.

4. Complete work on time: The Coach is obligated to complete the services within the agreed-upon completion date. If there are valid reasons for delay, the Participant may grant an extension.

5. Resolve disputes: If the Participant has any disputes regarding the invoice, they should notify the Coach in writing within 5 business days and provide supporting documentation.

6. Maintain confidentiality: The Participant should treat the agreement and the Coach's services as confidential. Disclosure of such information may be considered a breach of the agreement.

7. Follow cancellation policy: The parties are subject to the cancellation policy outlined in the agreement. The Participant should adhere to the policy in case of cancellation.

8. Attend scheduled meetings: The Participant should attend the weekly meetings as scheduled and notify the Coach of any changes in advance.

9. Understand limitations of liability: The Coach does not guarantee any specific outcomes and shall not be held liable for any special, direct, or consequential damages.

10. Termination of agreement: The agreement may be terminated by either party in accordance with the terms outlined in the agreement. Outstanding balances should be paid within 5 days of termination.

11. Seek resolution through arbitration: In case of disputes, the parties should make reasonable efforts to resolve them amicably and in good faith. If necessary, arbitration may be pursued.

12. Follow notice and service requirements: Any notices should be served in accordance with the specified methods and timelines outlined in the agreement.

13. Keep records of expenses: The Coach will keep records of any expenses incurred while performing the services and provide itemized invoices with proof of purchase.

14. Comply with laws and regulations: The Coach will comply with all applicable laws and regulations related to coaching services and privacy.

15. No third-party rights: The agreement does not confer any rights to third parties to enforce its terms.

16. Review and understand the agreement: The Participant should carefully review and understand all the provisions of the agreement before signing.

17. Seek legal advice if needed: If the Participant has any questions or concerns regarding the agreement, they should seek legal advice for clarification.

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