Legal Contracts Software Generator - Legal Contract Agreement Template for Incidental Beneficiary

# Incidental Beneficiary Agreement **This Incidental Beneficiary Agreement ("Agreement") is entered into as of [Date] by and between the following parties:** **Party A:** Name: [Name of Party A] Address: [Address of Party A] Email: [Email of Party A] Phone: [Phone of Party A] **Party B:** Name: [Name of Party B] Address: [Address of Party B] Email: [Email of Party B] Phone: [Phone of Party B] **RECITALS** WHEREAS, Party A and Party B (collectively referred to as the "Parties") desire to outline terms under which a third party may benefit from obligations set forth in this Agreement; WHEREAS, the third party, [Name of Incidental Beneficiary] ("Beneficiary"), desires to become an incidental beneficiary of certain provisions outlined herein; NOW, THEREFORE, in consideration of the mutual promises set forth herein, the Parties agree as follows: --- ## 1. **Intent of the Parties** The Parties acknowledge and agree that the Incidental Beneficiary may receive benefits from the performance or non-performance of the obligations outlined herein, but that such benefits are not the primary purpose of this Agreement. --- ## 2. **Obligations of Party A** Party A agrees to perform the following obligations for the benefit of the Incidental Beneficiary: - [Describe specific obligations or services Party A will provide] - [Additional obligations, if any] --- ## 3. **Obligations of Party B** Party B agrees to perform the following obligations for the benefit of the Incidental Beneficiary: - [Describe specific obligations or services Party B will provide] - [Additional obligations, if any] --- ## 4. **Rights of the Incidental Beneficiary** The Incidental Beneficiary shall have the following rights under this Agreement: - [List rights of the Incidental Beneficiary, such as the right to receive benefits and services provided by the Parties] - [Additional rights, if any] --- ## 5. **Limitations of Liability** The Parties acknowledge that: - The Incidental Beneficiary is not a party to this Agreement and shall not hold any rights to enforce the terms thereof directly. - The liability of the Parties toward the Incidental Beneficiary is limited to the obligations explicitly set forth in this Agreement. --- ## 6. **Amendments** Any amendments to this Agreement must be made in writing and signed by both Parties. --- ## 7. **Governing Law** This Agreement shall be governed by and construed in accordance with the laws of the State of [State], without regard to its conflict of laws principles. --- ## 8. **Entire Agreement** This Agreement constitutes the entire understanding and agreement between the Parties regarding the incidental beneficiary and supersedes all prior negotiations, discussions, and agreements. --- **IN WITNESS WHEREOF, the Parties have executed this Incidental Beneficiary Agreement as of the date first above written.** _________________________ **Party A** [Name] _________________________ **Party B** [Name] _________________________ **Incidental Beneficiary** [Name of Incidental Beneficiary] --- **Note:** This is a template and should be customized to fit the specific details of the agreement. Legal counsel is advised to review this document before execution to ensure compliance with applicable laws.