# Ambiguity Agreement Contract
**THIS AMBIGUITY AGREEMENT (“Agreement”) is made and entered into as of the ___ day of ___________, 20__, by and between:**
**PARTY A: [Full Name/Company Name]**
Address: [Address Line 1]
City, State, Zip: [City, State, Zip]
Contact Information: [Phone Number, Email]
**AND**
**PARTY B: [Full Name/Company Name]**
Address: [Address Line 1]
City, State, Zip: [City, State, Zip]
Contact Information: [Phone Number, Email]
**RECITALS**
WHEREAS, Party A and Party B (collectively referred to as the “Parties”) desire to enter into an agreement regarding certain matters, the exact nature of which may be ambiguous and subject to interpretation;
WHEREAS, the Parties recognize that certain terms and conditions of this Agreement may not be clearly defined or may lead to multiple interpretations;
NOW, THEREFORE, in consideration of the mutual covenants contained herein and for other good and valuable consideration, the Parties agree as follows:
## 1. **Ambiguous Terms**
The following terms and conditions are intentionally left ambiguous and may be open to interpretation by either Party:
- **Term 1:** [Description of the term]
- **Term 2:** [Description of the term]
- **Term 3:** [Description of the term]
The Parties acknowledge and agree that the Parties shall discuss and resolve any ambiguities through mutual discussion in good faith.
## 2. **Obligations of the Parties**
Both Parties agree to uphold their respective obligations, which may include, but are not limited to, the following:
- **Obligation by Party A:** [Description of the obligation]
- **Obligation by Party B:** [Description of the obligation]
## 3. **Dispute Resolution**
In the event of any dispute arising out of or relating to this Agreement, the Parties shall first attempt to resolve the matter amicably. If resolution cannot be achieved:
1. The dispute shall be submitted to mediation.
2. If mediation is unsuccessful, the dispute will be resolved through arbitration in accordance with the rules of the [designated arbitration organization].
## 4. **Governing Law**
This Agreement shall be governed by and construed in accordance with the laws of the State of __________, without regard to its conflict of law principles.
## 5. **Entire Agreement**
This Agreement constitutes the entire understanding between the Parties with respect to the subject matter herein and supersedes all prior agreements, understandings, and negotiations, whether written or oral.
## 6. **Amendments**
Any amendments or modifications to this Agreement must be in writing and signed by both Parties.
## 7. **Severability**
If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
## 8. **Signatures**
IN WITNESS WHEREOF, the Parties hereto have executed this Ambiguity Agreement as of the date first above written.
**PARTY A**
Signature: _______________________
Name: _________________________
Title: _________________________
Date: _________________________
**PARTY B**
Signature: _______________________
Name: _________________________
Title: _________________________
Date: _________________________
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*Note: This document is a template and should be reviewed by legal counsel prior to use to ensure compliance with applicable laws and regulations.*