Joint Check Agreement Template

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Sample

Joint Check Agreement Template

Printable | Editable Form




Joint Check Agreement Template (1)
Between:
[Name of the First Party]
[First Party’s ID]
[First Party’s Address]
[First Party’s Phone]
[First Party’s Email]
And:
[Name of the Second Party]
[Second Party’s ID]
[Second Party’s Address]
And:
[Name of the Payee/Beneficiary]
[Payee’s ID]
[Payee’s Address]
Introduction:
This Joint Check Agreement is made to outline the terms under which the parties agree to jointly endorse checks for payments due to the Payee, effective as of [Contract Start Date].
Clause 1: Purpose of the Agreement
The parties agree to establish a Joint Check arrangement to ensure that all payments from the First Party and Second Party to the Payee will be made through joint checks.
Clause 2: Payments
All payments due for the services or materials provided by the Payee shall be made via checks that require the endorsement of both the First Party and the Second Party before being deposited or cashed.
Clause 3: Responsibilities
The First Party and the Second Party shall remain fully responsible for ensuring timely payments to the Payee by issuing the joint checks as agreed.
Clause 4: Disputes
In case of any disputes arising from payments or work performed, the parties agree to hold a mediation session before proceeding with legal actions.
Clause 5: Governing Law
This agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].
Clause 6: Amendments
Any amendments to this agreement must be made in writing and signed by all parties.
Signed in [City], [Date].
Sincerely,
[Signature of the First Party]
[Name of the First Party]
[Signature of the Second Party]
[Name of the Second Party]
[Signature of the Payee]
[Name of the Payee]
Joint Check Agreement Template (2)
Between:
[Name of the First Party]
[First Party’s ID]
[First Party’s Address]
[First Party’s Phone]
[First Party’s Email]
And:
[Name of the Second Party]
[Second Party’s ID]
[Second Party’s Address]
And:
[Name of the Payee/Beneficiary]
[Payee’s ID]
[Payee’s Address]
Introduction:
This Joint Check Agreement is designed to protect the financial interests of the Payee when receiving payments from both Parties, effective as of [Contract Start Date].
Clause 1: Joint Checks Requirement
All payments made by the First Party and the Second Party to the Payee will require joint checks to ensure security and transparency.
Clause 2: Handling of Checks
The checks shall be prepared and signed by both Parties, and will include the Payee’s name as well as any necessary payment details.
Clause 3: Indemnification
Both the First Party and the Second Party agree to indemnify and hold harmless the Payee from any claims or disputes related to the payments made under this agreement.
Clause 4: Governing Law
This agreement shall be interpreted in accordance with the laws of [Jurisdiction].
Clause 5: Duration
This agreement shall remain in effect until terminated by mutual written consent of all parties.
Signed in [City], [Date].
Sincerely,
[Signature of the First Party]
[Name of the First Party]
[Signature of the Second Party]
[Name of the Second Party]
[Signature of the Payee]
[Name of the Payee]

Form

Please complete the form below to create the Joint Check Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Joint Check Agreement Template

1. Parties Involved





2. Project Information


3. Agreement Details

4. Joint Check Details

5. Scope of Work

6. Responsibilities

7. Payment Terms

8. Termination Clauses

9. Signatures and Acceptance

10. Declaration and Signatures




PDF


WORD

Printable

Joint Check Agreement Template

Printable | Editable Form




Joint Check Agreement Template