# Negotiable Instruments Agreement
**This Negotiable Instruments Agreement** ("Agreement") is made and entered into as of the ___ day of __________, 20___, by and between:
**Party A:**
Name: ___________________________
Address: _________________________
City, State, Zip: ________________
Email: ___________________________
Phone: __________________________
**Party B:**
Name: ___________________________
Address: _________________________
City, State, Zip: ________________
Email: ___________________________
Phone: __________________________
**Collectively referred to as “Parties.”**
## RECITALS
WHEREAS, the Parties intend to formalize the terms and conditions related to negotiable instruments between them, including but not limited to promissory notes, checks, drafts, and other forms of negotiable instruments.
## AGREEMENT
### 1. Definition of Negotiable Instruments
For the purposes of this Agreement, "Negotiable Instruments" shall refer to the following:
- __Promissory Notes__
- __Checks__
- __Drafts__
- __Certificates of Deposit__
- Any other instruments defined as negotiable under applicable law.
### 2. Issuance of Instruments
2.1 **Issuance by Party A:**
Party A agrees to issue the following [specify type and amount of Negotiable Instruments] to Party B:
- Type: ___________________________
- Amount: ________________________
2.2 **Issuance by Party B:**
Party B agrees to issue the following [specify type and amount of Negotiable Instruments] to Party A:
- Type: ___________________________
- Amount: ________________________
### 3. Payment Terms
3.1 **Due Date:**
The due date for each Negotiable Instrument shall be as follows:
- Instrument Issued by Party A: Due Date: _______________
- Instrument Issued by Party B: Due Date: _______________
3.2 **Payment Method:**
Payments shall be made in the form of [specify acceptable payment methods e.g., cash, checks, electronic transfer].
### 4. Representations and Warranties
Each Party represents and warrants that:
- They have the necessary authority to enter into this Agreement.
- The Negotiable Instruments issued are valid and binding.
- The issuance of Negotiable Instruments does not violate any applicable laws.
### 5. Default
5.1 **Events of Default:**
The following shall constitute an event of default:
- Failure to make any payment when due.
- Insolvency or bankruptcy of either Party.
5.2 **Remedies for Default:**
In the event of default, the non-defaulting Party may pursue any and all remedies available under applicable law.
### 6. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of __________.
### 7. Severability
If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue to be valid and enforceable.
### 8. Amendment
This Agreement may be amended only by a written agreement signed by both Parties.
### 9. Entire Agreement
This Agreement constitutes the entire understanding between the Parties concerning the subject matter herein and supersedes all prior agreements, negotiations, and discussions.
### IN WITNESS WHEREOF, the Parties hereto have executed this Negotiable Instruments Agreement as of the date first above written.
**Party A:**
______________________________
Signature
______________________________
Printed Name
______________________________
Title (if applicable)
**Party B:**
______________________________
Signature
______________________________
Printed Name
______________________________
Title (if applicable)
---
**Note:** This is a template and may need to be customized to meet the specific needs and legal requirements of the Parties involved. It is advisable to consult with a legal professional before executing this Agreement.