Letter Of Agreement

Sample letter of agreement

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Use this letter of agreement for your quick consulting jobs When you take on a short or simple project, oftentimes it doesn’t require all of the guarantees necessary in a longer contract. Instead, you may want to simply use a letter of agreement. Such a letter serves to summarize what you and the client have already agreed upon by setting out the terms in plain language. Use this sample as a model for your short-term agreements. You’ll need to modify it to fit your particular situation, replacing all words in caps and deleting the bracketed instructions. Of course, the standard disclaimer applies—the letter hasn’t been checked out by an attorney, so if you have any questions about whether it fits your specific situation, you should consult a lawyer.

YOUR NAME [if possible, print this on letterhead] YOUR ADDRESS CITY, STATE, ZIP DATE CONTACT NAME TITLE COMPANY ADDRESS CITY, STATE, ZIP Dear CONTACT NAME: Thank you for the opportunity to provide my contracting/consulting [choose one] services to COMPANY. This letter summarizes our conversation from DATE regarding this project and will serve as the agreement between us. [Use one of the following] I agree to perform the following services for COMPANY: [Summarize the project here as specifically as possible, stating the nature of the project and any conditions or results that you and the client have discussed.] OR I will perform services for COMPANY as described in the exhibit attached to this letter. These services will be completed on or before DATE. In consideration for my performance of these services, you agree to pay me [choose one] at the rate of $XX.XX per hour OR a fixed fee of $XX.XX.

Sample letter of agreement

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[If being paid in two or more parts on a fixed-fee basis, modify the following:] I will be paid in two installments. The first installment will be $XX.XX and is due to me on DATE. After I complete the project, I will submit an invoice for the remaining amount of $XX.XX. This amount will be due within HOW MANY business days after the date on the invoice. [If you are charging by the hour, use this and modify, especially if the client agreed to pay you some money up front:] I will be paid the amount of $XX.XX on DATE [this should be before you begin the project], after which date I will begin work on the project. Upon completion of the project, I will submit an invoice that totals my hours on this project, multiplies them by my hourly rate of $XX.XX, and subtracts the amount advanced on DATE from the total. The total remaining amount will be due within HOW MANY business days after the date on the invoice. [Use the following if you anticipate submitting invoices throughout the project, although in that case you should consider a longer contract:] I will submit an invoice for my services every HOW MANY business days. The specified amount will be due within HOW MANY business days after the date on each invoice. If this agreement accurately summarizes the terms of our earlier conversation, please sign below on this and the attached copy. Retain one copy for your records and return one to me. Best regards,

YOUR NAME Agreed to by: COMPANY NAME BY: [Signature] CONTACT NAME: CLIENT TITLE: DATE:

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