Setoff Agreement for Mutual Debts
Set off a debt between a company and one of its shareholders with this easy Setoff Agreement template.
- The company and the shareholder are each in debt to the other.
- Each of the parties agrees to cancel their debt by setting off the debts one against the other.
The Setoff Agreement for Mutual Debts template is provided in MS Word format and is fully editable.
Last Updated: 14-April-2016