# Contingency Agreement
**This Contingency Agreement** (“Agreement”) is made and entered into as of the _____ day of __________, 20____, by and between:
**Parties:**
1. **[Party 1 Name]**
Address: [Party 1 Address]
Email: [Party 1 Email]
Phone: [Party 1 Phone Number]
2. **[Party 2 Name]**
Address: [Party 2 Address]
Email: [Party 2 Email]
Phone: [Party 2 Phone Number]
**Recitals:**
WHEREAS, Party 1 is engaged in [describe the nature of Party 1's business or services];
WHEREAS, Party 2 seeks to engage Party 1 for [describe the specific purpose of the contract];
WHEREAS, both parties desire to outline the terms and conditions under which Party 1 will provide the requested services contingent upon certain conditions.
**NOW THEREFORE, in consideration of the mutual covenants and conditions contained herein, the parties agree as follows:**
## 1. **Scope of Services**
Party 1 agrees to provide the following services to Party 2, contingent upon the fulfillment of the conditions described in Section 2:
- [List specific services to be provided]
## 2. **Contingent Conditions**
This Agreement is contingent upon the following conditions being met:
- **Condition 1:** [Detail condition]
- **Condition 2:** [Detail condition]
- **Condition 3:** [Detail condition]
If any of the above conditions are not satisfied, this Agreement shall become null and void, and neither party will have any obligations hereunder.
## 3. **Compensation**
Upon successful completion of the contingent conditions, Party 2 agrees to compensate Party 1 as follows:
- **Total Fee:** $[Amount]
- **Payment Terms:** [Detail payment terms, including milestones or schedules]
- **Expenses:** [Specify if any reimbursement of costs will be applicable]
## 4. **Term of Agreement**
This Agreement shall commence on the date first above written and shall remain in effect until the completion of the services specified or until terminated by either party in accordance with Section 6.
## 5. **Confidentiality**
Both parties agree to maintain confidentiality regarding any proprietary or sensitive information exchanged during the course of this Agreement. This obligation shall survive termination.
## 6. **Termination**
Either party may terminate this Agreement upon giving written notice to the other party at least [number of days] days before the intended termination date. In the event of termination, Party 2 shall compensate Party 1 for all services performed and reasonable expenses incurred prior to the termination date.
## 7. **Indemnification**
Each party agrees to indemnify and hold harmless the other party from any claims, damages, or liabilities arising from the negligent acts or omissions of the indemnifying party in connection with the performance of this Agreement.
## 8. **Governing Law**
This Agreement shall be governed by and construed in accordance with the laws of the State of [State].
## 9. **Entire Agreement**
This Agreement constitutes the entire understanding between the parties with respect to the subject matter hereof and supersedes all prior agreements, whether written or oral.
## 10. **Amendments**
This Agreement may not be amended or modified except in writing signed by both parties.
**IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.**
**Party 1 Signature:**
_____________________________
**Name:** [Name]
**Title:** [Title]
**Date:** ____________________
**Party 2 Signature:**
_____________________________
**Name:** [Name]
**Title:** [Title]
**Date:** ____________________
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**Disclaimer:** This template is intended for general informational purposes only, it may not be suitable for your specific situation, and it is recommended to consult with a qualified attorney for legal advice tailored to your individual needs.