Legal Contracts Software Generator - Legal Contract Agreement Template for Unconscionability

# Unconscionability Legal Contract Agreement **This Agreement** ("Agreement") is made and entered into as of the ___ day of __________, 20__, by and between: **Party A:** [Full Name of Party A] **Address:** [Party A's Address] **Email:** [Party A's Email] **AND** **Party B:** [Full Name of Party B] **Address:** [Party B's Address] **Email:** [Party B's Email] ## Recitals WHEREAS, Party A is engaged in the business of [describe business or activity], and WHEREAS, Party B is desirous of engaging in a [describe type of transaction or service] with Party A, WHEREAS, the parties acknowledge that this Agreement is bound by the principles of fairness and mutual consent; NOW, THEREFORE, in consideration of the mutual covenants and representations contained herein, the Parties agree as follows: ## 1. Definitions 1.1. **"Unconscionable Contract"** refers to any agreement that no reasonable person would enter into, typically due to its extreme imbalance in terms that, when viewed in light of circumstances, is oppressive, harsh, or unfair to one party. ## 2. Recitals Acknowledgment 2.1. The Parties acknowledge and agree that any term in this Agreement which is unilateral, extreme, or oppressive to either party may render this Agreement as a whole unconscionable, and can be subject to judicial review. ## 3. Agreement Terms 3.1. **Obligations of Party A:** a. [Detail obligations and duties of Party A] b. [Additional obligations] 3.2. **Obligations of Party B:** a. [Detail obligations and duties of Party B] b. [Additional obligations] ## 4. Unconscionability Review 4.1. The Parties agree that in the event of a dispute arising out of this Agreement, the courts will review and determine whether any provision is unconscionable. If any provision is determined to be unconscionable, it shall be severed from the Agreement, and the remaining terms shall continue to be enforceable. ## 5. Governing Law 5.1. This Agreement shall be governed by the laws of the State of [State Name] without regard to its conflict of laws principles. ## 6. Dispute Resolution 6.1. Any disputes arising out of or relating to this Agreement shall first be attempted to be resolved through informal negotiation. If informal efforts are unsuccessful, disputes will be resolved through binding arbitration in accordance with the rules of [Arbitration Organization], and the decision of the arbitrator shall be final and binding upon both parties. ## 7. Entire Agreement 7.1. This Agreement contains the entire understanding of the Parties with respect to the subject matter hereof and supersedes all prior agreements and understandings, whether written or oral. ## 8. Amendment 8.1. This Agreement may not be modified or amended except by a written agreement signed by both Parties. ## 9. Signatures IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first written above. **Party A:** ______________________________ [Full Name of Party A] Date: _________________________ **Party B:** ______________________________ [Full Name of Party B] Date: _________________________ --- **Note: This is a template document and should be reviewed by a qualified attorney to ensure compliance with local laws and regulations.**