The Averaging Agreement Template – Canada is offered in multiple formats, including PDF, Word, and Google Docs. Each version is designed to be both editable and printable, ensuring they meet your specific requirements with convenience.
Averaging Agreement Template – Canada Editable – PrintableSample
1. Parties Involved 2. Purpose of the Agreement 3. Scope of Services 4. Compensation 5. Duration of Agreement 6. Termination Conditions 7. Confidentiality Obligations 8. Governing Law 9. Indemnification 10. Amendments 11. Signatures and Acceptance
PDF
WORD
Examples
[Party A’s Name]
[Party A’s ID]
[Party A’s Address]
[Party A’s Phone]
[Party A’s Email]
[Party B’s Name]
[Party B’s ID]
[Party B’s Address]
[Party B’s Phone]
[Party B’s Email]
This Averaging Agreement (“Agreement”) outlines the terms under which [Party A] and [Party B] will participate in a mutual averaging program, commencing on [Start Date].
The purpose of this Agreement is to collaboratively manage and average out specific variables regarding [insert specific variables, e.g., revenue, expenses] for shared benefit.
The parties agree to utilize [specific methodology, e.g., simple averages, weighted averages] to calculate the average based on the data submitted on a [weekly/monthly/quarterly] basis.
Both parties will provide accurate data and reports necessary for calculating the averages, and will review the information collaboratively to ensure accuracy.
This Agreement shall commence on [Start Date] and continue until [End Date]. Either party may terminate this Agreement upon [Notice Period] written notice to the other party.
Both parties agree that any proprietary or confidential information exchanged during this Agreement will not be disclosed to any third parties without prior written consent.
This Agreement shall be governed by and construed in accordance with the laws of Canada.
[Party A’s Signature]
[Party A’s Name]
[Party B’s Signature]
[Party B’s Name]
[Party A’s Name]
[Party A’s ID]
[Party A’s Address]
[Party A’s Phone]
[Party A’s Email]
[Party B’s Name]
[Party B’s ID]
[Party B’s Address]
[Party B’s Phone]
[Party B’s Email]
This Agreement defines the arrangement between [Party A] and [Party B] regarding the averaging of [specific metrics or data], effective from [Start Date].
Each party shall submit data related to [specific metrics] by [submission deadline] every [frequency], to facilitate proper averaging.
The averages will be calculated on [specific date or criteria], and results will be shared between parties for transparency.
In the event of a dispute regarding data or averaging results, both parties agree to first attempt resolution through direct negotiation.
Any amendments to this Agreement must be made in writing and signed by both parties to be valid.
Both parties agree to indemnify and hold harmless each other from any claims arising from a party’s failure to fulfill its obligations under this Agreement.
This Agreement will be governed by the laws of Canada.
[Party A’s Signature]
[Party A’s Name]
[Party B’s Signature]
[Party B’s Name]
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