Legal Contracts Software Generator - Legal Contract Agreement Template for Pre-Existing Duty Doctrine

# Pre-Existing Duty Doctrine Contract Agreement **This Agreement** is made effective as of the _____ day of __________, 20__, by and between: **Party A:** [Full Name/Business Name] Address: [Address] Phone: [Phone Number] Email: [Email Address] and **Party B:** [Full Name/Business Name] Address: [Address] Phone: [Phone Number] Email: [Email Address] **Recitals** WHEREAS, the parties wish to enter into a contractual agreement concerning [describe the nature of the agreement], and WHEREAS, the Pre-Existing Duty Doctrine stipulates that a promise to perform a duty that one is already legally obligated to perform cannot constitute valid consideration for a new contract. NOW, THEREFORE, in consideration of the mutual promises contained herein, the parties agree as follows: ## 1. **Description of Services/Obligations** Party A agrees to provide the following services to Party B: - [Description of service/obligation 1] - [Description of service/obligation 2] - [Description of service/obligation 3] ## 2. **Compensation** In consideration for the services outlined in Section 1 above, Party B agrees to compensate Party A as follows: - Amount: $__________ - Payment Terms: [Specify payment terms, e.g., upfront, upon completion, etc.] ## 3. **Duties Under Pre-Existing Agreement** Both parties acknowledge that: - Party A is already obligated to perform certain duties under [describe the pre-existing duty, including any agreement name or reference]. - This agreement is not intended to modify or replace the obligations outlined in the previous agreement. ## 4. **Termination** Either party may terminate this agreement upon [number] days written notice to the other party, subject to the completion of obligations incurred prior to the termination date. ## 5. **Governing Law** This Agreement shall be governed by and construed in accordance with the laws of the State of [State]. ## 6. **Entire Agreement** This Agreement constitutes the entire understanding between the parties with respect to the subject matter hereof and supersedes all prior negotiations, discussions, and agreements, whether written or oral. ## 7. **Amendments** No amendment to this Agreement shall be effective unless in writing and signed by both parties. ## IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written. **Party A:** ______________________________ [Full Name/Signature] **Date:** _______________________ **Party B:** ______________________________ [Full Name/Signature] **Date:** _______________________ --- **Note:** Please modify the agreement to fit specific needs, including jurisdictional requirements and details pertinent to the contract's nature. Consulting with a legal professional is recommended prior to executing any contractual agreement.