# Obligor Agreement Contract
**This Obligor Agreement ("Agreement") is made and entered into as of [Date] by and between:**
**[Obligee's Name]**
[Obligee's Address]
[City, State, Zip Code]
("Obligee")
AND
**[Obligor's Name]**
[Obligor's Address]
[City, State, Zip Code]
("Obligor")
## 1. Purpose
The purpose of this Agreement is to outline the obligations of the Obligor to the Obligee as stipulated herein.
## 2. Definitions
- **"Obligation"** refers to any duty or responsibility that the Obligor is required to fulfill under this Agreement.
- **"Default"** means the failure of the Obligor to fulfill their obligations as specified in this Agreement.
## 3. Obligations of the Obligor
The Obligor agrees to perform the following obligations:
1. **[Describe the first obligation]**
e.g., Pay the sum of $[amount] to the Obligee by [due date].
2. **[Describe the second obligation]**
e.g., Provide certain services or products as outlined in Exhibit A.
3. **[Add additional obligations as necessary]**
## 4. Terms
This Agreement will commence on the Effective Date and will continue in full force until all obligations have been fulfilled or until terminated in accordance with Section 6 of this Agreement.
## 5. Payment Terms
1. The Obligor shall make payments to the Obligee as follows:
a. Payment amount: $[amount]
b. Due date: [insert due date]
c. Method of payment: [check, wire transfer, etc.]
2. Late payments shall incur a fee of $[amount] per [day/week/month] until the overdue amount is paid in full.
## 6. Termination
1. This Agreement may be terminated by either party with [number] days' written notice to the other party.
2. The Obligee may terminate this Agreement immediately in the event of Default by the Obligor.
## 7. Confidentiality
The parties agree to keep the terms of this Agreement confidential and shall not disclose any information regarding the other party’s obligations or proprietary information without prior written consent, except as required by law.
## 8. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [State].
## 9. Dispute Resolution
In the event of any dispute arising under this Agreement, the parties agree to attempt to resolve the dispute through negotiation before pursuing any legal remedies.
## 10. Entire Agreement
This Agreement constitutes the entire agreement between the parties concerning its subject matter and supersedes any prior agreements, understandings, or representations.
## IN WITNESS WHEREOF, the parties hereto have executed this Obligor Agreement as of the day and year first above written.
___
**Obligee Signature**
____________________________
[Obligee's Name]
**Date:** [Date]
___
**Obligor Signature**
____________________________
[Obligor's Name]
**Date:** [Date]
---
*Disclaimer: This template is provided for informational purposes only and does not constitute legal advice. Consult with a qualified attorney regarding the specific circumstances and legal requirements of your Agreement.*