# Breach of Contract Agreement
## THIS AGREEMENT is made on [Insert Date]
**BETWEEN**
**[Party A Name]**
[Address]
[City, State, Zip Code]
(Hereinafter referred to as "Party A")
AND
**[Party B Name]**
[Address]
[City, State, Zip Code]
(Hereinafter referred to as "Party B")
**RECITALS**
WHEREAS, Party A and Party B entered into a Contract on [Insert Original Contract Date] for [Brief Description of the Original Agreement].
WHEREAS, it has been determined that a breach of the contract has occurred on [Insert Breach Date], wherein [Briefly Describe the Nature of the Breach].
WHEREAS, both parties desire to resolve the breach yet enforce the terms of the original contract.
NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the parties agree as follows:
## 1. ACKNOWLEDGEMENT OF BREACH
1.1 Party B acknowledges that a breach of the original contract has occurred as described above.
## 2. REMEDIAL ACTION
2.1 Party B agrees to take the following remedial actions to cure the breach:
- [List specific actions to be taken to remedy the breach, e.g., compensation, service delivery, etc.]
2.2 These actions must be completed by [Insert Completion Date].
## 3. DAMAGES
3.1 In the event that Party B fails to remedy the breach by the completion date outlined in Section 2.2, Party A reserves the right to seek the following damages:
- [List potential damages, e.g., financial compensation, penalties, etc.]
## 4. RELEASE OF LIABILITY
4.1 Upon satisfactory completion of the remedial actions as defined in Section 2, Party A agrees to release Party B from any further liability related to the breach of contract.
## 5. CONTINUATION OF ORIGINAL CONTRACT
5.1 Except as amended by this Agreement, all other terms and conditions of the original contract shall remain in full force and effect.
## 6. GOVERNING LAW
6.1 This Agreement shall be governed by and construed in accordance with the laws of the State of [Insert State].
## 7. ENTIRE AGREEMENT
7.1 This Agreement constitutes the entire understanding between the parties regarding the subject matter herein and supersedes any prior discussions, negotiations, or agreements.
## 8. AMENDMENTS
8.1 Any amendments to this Agreement must be in writing and signed by both parties.
## IN WITNESS WHEREOF, the parties hereto have executed this Breach of Contract Agreement as of the date first above written.
**Party A**
Signature: __________________________
Name: [Printed Name]
Title: [Title]
Date: ______________________________
**Party B**
Signature: __________________________
Name: [Printed Name]
Title: [Title]
Date: ______________________________
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*This template is for informational purposes only and should not be considered legal advice. It is advisable to consult with a legal professional before entering into any agreements.*