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Miscellaneous General Provisions for Agreements

These boilerplate agreement clauses can be used in most types of legal agreements and contracts. The clauses include the following:

  1. amendments to the contract,
  2. severability of articles and clauses,
  3. contra proferentum,
  4. counterpart signatures,
  5. interpretation provisions (ordinary usage, gender, singular or plural),
  6. English language clause (for Canadian contracts - it includes the French translation of the clause),
  7. entire agreement clause,
  8. inurement (binding effect),
  9. force majeure,
  10. further assurances,
  11. governing law,
  12. headings,
  13. schedules incorporated by reference,
  14. independent contractor clause,
  15. independent legal advice provision,
  16. joint and several obligations,
  17. method of giving notices,
  18. arbitration clauses for several countries,
  19. supercession of agreement,
  20. supplementary agreement,
  21. limited time for performance,
  22. time of the essence,
  23. right to injunction,
  24. prevailing party clause (for US contracts),
  25. no waiver unless in writing.

Every person who prepares legal contracts should have a copy of these miscellaneous contract provisions handy. Buy and download the file for your precedent library.

$6.29 $5.99

Drag Along, Tag Along Clause for Shareholder Agreement

This drag along, tag along clause can be inserted into a shareholder agreement to govern how the sale of shares from a shareholder to an arm's length third party must be conducted.

  • The share purchase agreement must include an offer by the buyer to purchase a pro rata share of the other shareholders' shares on the same terms and at the same time.
  • The terms apply to arm's length transactions only. The clause contains a definition of which parties are not considered arm's length.
  • A Drag Along, Tag Along Clause is an exit strategy that protects the rights of minority shareholders while at the same time giving majority shareholders a means to force other investors to exit at the same time.
  • Available in MS Word format.
$2.29

No Finder's Fee Clause for Asset Purchase Agreement

Insert this No Finder's Fee clause into an Asset Purchase Agreement for a transaction which has no commission or finder's fee payable on the sale.

Download the free file in MS Word format, or copy and paste the text below.

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NO FINDER'S FEES

The Vendor and the Purchaser do hereby warrant each to the other than neither has done any act which would incur or require the payment of any finder's fees or commissions of any nature whatever payable either in connection with this Agreement, any matter or thing contemplated hereby or the transaction of purchase and sale provided for herein.

$0.00

Equipment Lease 'Hell or High Water' Clause

Insert this optional 'hell or high water' clause into an equipment lease to govern payments by the Lessee, no matter what.

  • The Hell or High Water clause provides that the Lessee (party leasing the equipment) is obligated to pay lease payments regardless of the circumstances and regardless of any right the Lessee may have to set-off or counterclaim against the Lessor.
  • The file is available as a MS Word document.
  • This clause can be used in any common law jurisdiction which does not prohibit clauses of this type.
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Price Protection Clauses for Equipment Lease

Use this easy template to prepare Price Protection clauses for an Equipment Lease.

  • The provisions are generic and can be used in almost every country.
  • Download the free MS Word file and insert it into your main lease document.
  • These clauses can be used in any jurisdiction which does not have statutory requirements governing such provisions.
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Provisions to Create Phantom Partnership Interests

Create phantom partnership interests for persons who have made significant contributions by adding these provisions to your Partnership Agreement.

  • Phantom partnership units can be issued to employees, professional advisors, consultants and other parties whose contributions have been a significant factor in the business' success.
  • Each holder of phantom units is deemed included as a partner, and is entitled to distributions to partners, notwithstanding that s/he is not actually a partner.
  • Phantom units cannot be transferred without the consent of the General Partner.
  • This form is available in MS Word format.
$2.29 $1.99