Legal Contracts Software Generator - Legal Contract Agreement Template for Parol Evidence Rule

# Contract Agreement **This Contract Agreement ("Agreement")** is made and entered into on this ___ day of __________, 20__, by and between: **[Party A Name]** Address: [Party A Address] Email: [Party A Email] Phone: [Party A Phone Number] AND **[Party B Name]** Address: [Party B Address] Email: [Party B Email] Phone: [Party B Phone Number] **Recitals** WHEREAS, Party A and Party B (collectively referred to as the "Parties") wish to enter into a contract regarding [describe the purpose/subject matter of the agreement]; NOW, THEREFORE, in consideration of the mutual covenants and promises herein contained, the Parties agree as follows: ## 1. **Agreement** The Parties agree to the terms and conditions set forth in this Agreement. ## 2. **Scope of Work** The detailed scope of work, including specifications and deliverables, is as follows: [Attach detailed description or refer to an attachment]. ## 3. **Compensation** Party A shall pay Party B the total sum of [Specify Amount] for the services provided under this Agreement, payable upon [Specify Payment Terms]. ## 4. **Term** This Agreement shall commence on the effective date and continue in effect until [Specify End Date] unless terminated earlier in accordance with Section 7 herein. ## 5. **Confidentiality** The Parties agree that any confidential information disclosed during the course of this Agreement shall not be disclosed to any third party without the prior written consent of the disclosing party. ## 6. **Governing Law** This Agreement shall be governed by and construed in accordance with the laws of the State of [Specify State]. ## 7. **Termination** Either Party may terminate this Agreement upon [Specify Number] days written notice to the other Party. Upon termination, both Parties shall fulfill their obligations incurred prior to the termination date. ## 8. **Parol Evidence Rule** The Parties acknowledge and agree that this Agreement, along with any written appendices or amendments, constitutes the complete and exclusive statement of the agreement between the Parties concerning the subject matter hereof. No prior or contemporaneous oral or written agreements, representations, warranties, or understandings shall have any force or effect. This Agreement may only be amended or modified in writing signed by both Parties. ## 9. **Dispute Resolution** In the event of a dispute arising out of or relating to this Agreement, the Parties agree to first attempt to resolve the matter through informal discussions. Failing which, the Parties will engage in mediation before seeking any other remedy. ## 10. **Severability** If any provision of this Agreement is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect. ## 11. **Indemnification** Each Party agrees to indemnify and hold harmless the other Party from any and all claims, damages, or liabilities arising from their actions or omissions that are not in compliance with this Agreement. ## IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the day and year first above written. --- **[Party A Name]** Signature: _______________________ Name: ___________________________ Date: ____________________________ --- **[Party B Name]** Signature: _______________________ Name: ___________________________ Date: ____________________________ --- **Witness:** Signature: _______________________ Name: ___________________________ Date: ____________________________ --- *This document serves as a template for your contract agreement. Please customize it to fit the specific needs of your arrangement and consult with a legal professional to ensure compliance with applicable laws.*