Payment Agreement Template – Canada

The Payment Agreement Template – Canada is offered in multiple formats, including PDF, Word, and Google Docs. These templates are fully customizable and print-ready, designed to fulfill your requirements efficiently.


Sample

Payment Agreement Template – Canada

Editable – Printable



1. Parties Involved



2. Purpose of the Payment Agreement

3. Payment Amount

4. Payment Schedule

5. Method of Payment

6. Late Payment Terms

7. Confidentiality Obligations

8. Governing Law

9. Dispute Resolution

10. Signatures and Acceptance




PDF


WORD

Examples


Payment Agreement Template – Canada (1)
Between:
[Party A’s Name]
[Party A’s ID]
[Party A’s Address]
[Party A’s Phone]
[Party A’s Email]
And:
[Party B’s Name]
[Party B’s ID]
[Party B’s Address]
[Party B’s Phone]
[Party B’s Email]
Introduction:
This Payment Agreement (“Agreement”) outlines the terms and conditions for payment between [Party A’s Name] and [Party B’s Name], effective from [Start Date].
Clause 1: Payment Amount
Party B agrees to pay Party A a total amount of [Amount] CAD for the services rendered, as agreed upon by both parties.
Clause 2: Payment Schedule
Payments are to be made according to the following schedule: [Specify payment frequency, e.g., monthly, bi-weekly] on the [specific date of the month], starting from [Start Date].
Clause 3: Late Payments
In the event of late payment, Party B agrees to pay a late fee of [Late Fee Amount] CAD for each [specific period, e.g., week] overdue until the amount is paid in full.
Clause 4: Mode of Payment
All payments must be made via [Specify payment method, e.g., bank transfer, cheque, etc.] to [Party A’s Bank Details].
Clause 5: Termination of Agreement
Either party may terminate this Agreement with [Notice Period] written notice if any terms are not met or agreed upon.
Clause 6: Governing Law
This Agreement shall be governed by the laws of Canada.
Signed in [City], [Date].
Sincerely,
[Party A’s Signature]
[Party A’s Name]
[Party B’s Signature]
[Party B’s Name]
Payment Agreement Template – Canada (2)
Between:
[Party A’s Name]
[Party A’s ID]
[Party A’s Address]
[Party A’s Phone]
[Party A’s Email]
And:
[Party B’s Name]
[Party B’s ID]
[Party B’s Address]
[Party B’s Phone]
[Party B’s Email]
Introduction:
This Payment Agreement details the payment obligations of [Party B’s Name] to [Party A’s Name], effective as of [Start Date].
Clause 1: Total Payment
Party B agrees to compensate Party A an amount of [Total Amount] CAD for [specific services or goods].
Clause 2: Payment Procedure
Payments shall be made [Specify frequency and due dates], to the following account: [Party A’s Bank Details].
Clause 3: Taxes
All payments shall be made inclusive of applicable taxes, which are the responsibility of Party B.
Clause 4: Modifications
Any changes to this Agreement must be documented in writing and signed by both parties.
Clause 5: Dispute Resolution
In case of disputes arising from this Agreement, the parties agree to seek resolution through mediation within [Specify timeframe].
Clause 6: Governing Law
This Agreement shall be governed by the laws of Canada.
Signed in [City], [Date].
Sincerely,
[Party A’s Signature]
[Party A’s Name]
[Party B’s Signature]
[Party B’s Name]

Printable




Payment Agreement Template - Canada