Alex Denne
Growth @ Genie AI | Introduction to Contracts @ UCL Faculty of Laws | Serial Founder

What to Watch Out For When Creating Your Articles of Agreement

9 Jun 2023
28 min
Text Link

Note: Links to our free templates are at the bottom of this long guide.
Also note: This is not legal advice

Introduction

Creating effective and binding agreements is essential for any business transaction or contractual relationship. Articles of agreement are crucial documents, outlining the rights, obligations and responsibilities of all parties involved in a contract. It is therefore vitally important that entrepreneurs, small business owners and those in legal professions understand the importance of these documents and the legal requirements associated with them.

The Genie AI team - experienced in creating and reviewing articles of agreement - can help you to understand the value these documents bring to all parties involved. Here we’ll outline some reasons why it matters: Firstly, they protect your rights – legally binding agreements ensure everyone is aware of their rights and that the terms are enforceable; Secondly, they prevent misunderstandings – clearly spelling out terms helps avoid confusion or misinterpretation; Thirdly, they’re legally enforceable – if any party does not comply with agreement terms it can be enforced through courts; Lastly they provide clarity – understanding what everyone’s rights and obligations means there can be no dispute as to what’s expected.

So articles of agreement are incredibly important for businesses or other contractual collaborations. By being well informed on their contents you’ll be able to make informed decisions when entering into an agreement without having to contact a lawyer. And now you can access Genie AI’s open source legal template library for free - providing millions of datapoints on market-standard articles available across the web - when creating your own article! So read on below for our step-by-step guidance as well as more information about how you can access our template library today!

Definitions

Contract: A legally binding agreement between two or more parties that sets out agreed upon terms and conditions.
Agreement: An arrangement between two or more parties that may or may not be legally enforceable.
Offer: A proposal or a promise made by one party to another.
Acceptance: A response or agreement to the terms proposed by an offer.
Consideration: Something of value that is exchanged between the parties in a contract.
Capacity: The ability of a party to enter into a contract.
Mutual intent: The intention of the parties to enter into a legally binding contract.
Enforceable: Legally binding and capable of being enforced in a court of law.
Compliant: Meeting all necessary legal requirements.
Draft: To write out a document in preparation for formalizing an agreement.
Execute: To formally sign an agreement.
Fair: Treating both parties fairly and equitably within an agreement.
Equitable: Treating both parties fairly within an agreement.
Dispute: A disagreement between two parties.
Terminate: To end or cancel an agreement.
Documentation: The written record of an agreement.
Enforce: To legally enforce the terms of an agreement.

Contents

  1. Discuss the differences between a contract and an agreement, and when agreements are necessary
  2. Explain the differences between a contract and an agreement
  3. Outline when an agreement is necessary
  4. Explain the key elements of a valid contract
  5. Describe the key elements of a valid contract
  6. Explain the importance of each element
  7. Describe the legal requirements for writing a contract that is enforceable and compliant with applicable laws
  8. Outline the legal requirements for writing a contract
  9. Explain how these requirements must be met
  10. Explain how to draft an agreement that will be legally binding and enforceable
  11. Explain the process of drafting an agreement
  12. Outline the steps necessary to make the agreement legally binding and enforceable
  13. Outline the necessary steps to properly execute the agreement
  14. Explain the steps necessary to properly execute the agreement
  15. Describe how to ensure the agreement is legally binding and enforceable
  16. Provide guidance on how to ensure the agreement is fair and equitable to both parties
  17. Outline the steps necessary to ensure the agreement is fair
  18. Explain the importance of ensuring both parties are treated equitably
  19. Explain the process of dispute resolution and how to handle disagreements between parties
  20. Explain the process of dispute resolution
  21. Describe how to handle disagreements between parties
  22. Explain how to properly terminate an agreement and the legal implications of doing so
  23. Outline the steps necessary to properly terminate an agreement
  24. Explain the legal implications of terminating an agreement
  25. Explain the importance of proper documentation of the agreement
  26. Describe the importance of documenting the agreement
  27. Explain how to properly document the agreement
  28. Outline the process of enforcing an agreement
  29. Explain the process of enforcing an agreement
  30. Outline the steps necessary to enforce an agreement

Get started

Discuss the differences between a contract and an agreement, and when agreements are necessary

  • Understand that a contract is legally binding and requires a signature, while an agreement is not legally binding and does not require a signature
  • Recognize that an agreement is typically used when parties want to memorialize an understanding
  • Realize that agreements are commonly used when parties want to document the terms of an exchange or transaction
  • Know that agreements are also used to document that parties have agreed to move forward with a project
  • Comprehend that agreements are often used to confirm that parties have reached a mutual understanding and will work together in good faith
  • Be able to differentiate between when a contract or an agreement is necessary

When you have completed this step, you can move on to the next step - Explain the differences between a contract and an agreement.

Explain the differences between a contract and an agreement

  • Understand the differences between a contract and an agreement: A contract is a legally binding document that obligates people to perform certain duties and is typically enforceable in a court of law. An agreement is a more informal document that does not have the same legal weight as a contract, but does provide a formal understanding between two parties.
  • Know the elements of a contract: A contract must have certain elements in order for it to be valid, such as an offer, acceptance, consideration, legality, and capacity.
  • Understand the importance of an agreement: An agreement is important to ensure that both parties understand the terms and conditions of the agreement and can help protect both parties in the event of a dispute.
  • Identify when an agreement is necessary: An agreement is necessary when two parties are entering into a business relationship, such as a partnership, or when a service is being provided in exchange for payment.

Once you understand the differences between a contract and an agreement, know the elements of a contract, understand the importance of an agreement, and identify when an agreement is necessary, you can check this step off your list and move on to the next step.

Outline when an agreement is necessary

  • Determine when an agreement is needed: If you are entering into a legally binding agreement, an agreement must be in place.
  • Identify the parties to the agreement: The parties to the agreement should be identified by name or company name.
  • Define the scope of the agreement: Clearly outline the scope of the agreement and what each party is responsible for.
  • Consider the terms of the agreement: Specify the terms of the agreement, such as the duration of the agreement and any additional terms.
  • Review the agreement: Have both parties review the agreement and make any necessary changes before signing.

Once you have outlined when an agreement is necessary, identified the parties to the agreement, defined the scope of the agreement, considered the terms of the agreement, and reviewed the agreement, you can move on to the next step!

Explain the key elements of a valid contract

  • Understand the legal terminology associated with contracts
  • Identify the parties involved, their rights and responsibilities
  • Outline the goods or services to be exchanged
  • Specify the time frame for fulfilling the contract
  • Include the amount of money to be exchanged
  • Note any additional terms or conditions
  • Sign the contract and keep a copy
  • Check that all parties have the same understanding of the contract
  • When all of the above is complete, you can move on to the next step.

Describe the key elements of a valid contract

  • Consider the parties involved in the contract and their legal capacity
  • Review the objective of the contract and whether it is legal and enforceable
  • Establish the offer made, acceptance of the offer, and consideration
  • Include any conditions in the contract that must be fulfilled before the contract is legally binding
  • Specify the duration of the contract and any termination clauses
  • Include a choice of law and a method of dispute resolution
  • Signatures of the parties and witnesses

How you’ll know when you can check this off your list and move on to the next step:
Once you have considered the key elements of a valid contract, you can check this step off your list and move on to the next step of explaining the importance of each element.

Explain the importance of each element

  • Understand the legal implications behind each element of a contract and how it affects the entire agreement.
  • Make sure all elements of the contract are clear, accurate and legally binding.
  • Understand the risks associated with each element and how it will affect the agreement in the future.
  • Be aware of the potential consequences of not understanding each element and how it could lead to a breach of contract.
  • Ensure all elements are written in plain language and are easy to understand.
  • When in doubt, seek legal advice to ensure the document is legally binding.

You will know you can check this step off your list when you have a clear understanding of the importance of each element of the contract and have checked that all elements are accurate and legally binding.

Describe the legal requirements for writing a contract that is enforceable and compliant with applicable laws

  • Understand the legal requirements of forming a contract in your country or state: know the requirements for a valid contract, such as the parties involved, consideration, and agreement to the terms.
  • Make sure the contract is written in clear, plain language that is easily understood by all parties.
  • Include the essential elements of an enforceable contract: the parties involved, offer, acceptance, consideration, and legal capacity of the parties.
  • Include all the terms and conditions of the agreement that are agreed upon by both parties.
  • Ensure that all parties sign the contract in the presence of a witness.
  • Check for any state or federal laws that may apply to the agreement, such as consumer protection laws or employment laws.

Once you have completed these steps, you can be sure that you have met the legal requirements for writing a contract that is enforceable and compliant with applicable laws.

Outline the legal requirements for writing a contract

  • Understand the legal requirements for creating a valid contract, including the need for an offer, acceptance, and consideration
  • Know the different types of contracts, such as unilateral, bilateral, and implied contracts
  • Identify any legal requirements that are specific to the type of contract you are creating
  • Check for any mandatory clauses the contract must contain
  • Consider any additional clauses you may want to include, such as warranties or disclaimers
  • Once you have completed the outline, review it to ensure it meets all legal requirements for forming a contract

Once you have created an outline for your contract that meets all legal requirements and includes all relevant clauses, you can check this step off your list and move on to the next step.

Explain how these requirements must be met

  • Be sure to include all the necessary elements of a contract, such as offer, acceptance, consideration, and legal capacity
  • Make sure all parties involved are of legal age and have the capacity to enter into a contract
  • Ensure that all statements in the contract are clear and unambiguous
  • Make sure all terms are stated in writing and are easy to understand
  • Specify the rights and obligations of each party clearly and accurately
  • Make sure all parties have read and understand the agreement before signing it
  • Make sure the agreement is signed by all parties
  • Ensure that the agreement is properly witnessed and/or notarized, as applicable
  • Have the agreement reviewed by a lawyer, if necessary
  • Once you have checked off all these requirements, you know your contract is legally binding and enforceable.

Explain how to draft an agreement that will be legally binding and enforceable

  • Identify the parties involved in the agreement
  • Outline the purpose of the agreement
  • Include all relevant details, such as the effective date, end date, and terms
  • Draft the agreement in accordance with the applicable laws
  • Ensure that the agreement is written in a clear and unambiguous way
  • Have the agreement reviewed by a lawyer to ensure that it is legally binding
  • Have all parties involved sign the agreement
  • Make sure that all parties involved keep a copy of the agreement

Once you have completed the above steps, you can be confident that your agreement is legally binding and enforceable.

Explain the process of drafting an agreement

  • Identify the parties involved in the agreement and the purpose of the agreement
  • Outline the terms and conditions of the agreement, including all relevant details
  • Make sure the agreement is written in plain language that everyone can understand
  • Check for accuracy and completeness of the agreement and make sure all parties agree to the terms
  • Have the agreement signed and dated by all parties

Once all of the above steps are complete, you can move on to the next step: outlining the steps necessary to make the agreement legally binding and enforceable.

Outline the steps necessary to make the agreement legally binding and enforceable

  • Make sure all parties are in agreement with the terms of the agreement and have signed it.
  • Consult a lawyer to ensure that the agreement is legally valid and enforceable.
  • Check your local laws to make sure the agreement is compliant with all applicable regulations.
  • Have the agreement notarized to make it official.
  • Make sure to keep a copy of the agreement for each party.
  • Check off this step when all parties have signed the agreement and it has been notarized.

Outline the necessary steps to properly execute the agreement

  • Read through the agreement and make sure that all parties understand it and agree to its terms
  • Make sure all parties sign the agreement and the date it was signed is included
  • Make sure each party keeps a copy of the agreement for their records
  • Once the agreement is signed by all parties, it should be considered legally binding and enforceable
  • All parties should be aware that any amendments or changes to the agreement must be mutually agreed upon and signed by all parties
  • Once the agreement is executed, it is important to check that all parties comply with the agreement

Once all these steps have been completed, the agreement has been properly executed and is legally binding.

Explain the steps necessary to properly execute the agreement

  • Read and understand the full document, including any legal jargon or conditions
  • Gather all documents needed to execute the agreement (e.g. signatures, notarization, proof of delivery, etc.)
  • Verify that all parties involved have read and understood the agreement
  • Have all necessary parties sign the agreement
  • Ensure that all signatures are witnessed by a notary or other authorized individual, if necessary
  • Make copies of the agreement for all parties
  • Make sure all parties have proof of delivery of the agreement
  • Check to make sure the agreement is in compliance with local laws and regulations

Describe how to ensure the agreement is legally binding and enforceable

  • Check the applicable state laws and regulations to ensure the agreement is in compliance
  • Make sure the agreement is written in a clear and concise manner
  • Ensure each party has fully read and understood the agreement before signing
  • Make sure each party has the capacity to enter into a legally binding agreement
  • Make sure the agreement contains an effective date and is signed and dated by both parties
  • If the agreement is subject to change, include language stating how and when changes can be made
  • Check to make sure all signatures are notarized, if applicable
  • Have each party keep a copy of the agreement
  • When all the above steps are completed, the agreement is legally binding and enforceable.

Provide guidance on how to ensure the agreement is fair and equitable to both parties

  • Ensure that both parties are aware of their respective rights and obligations under the agreement
  • Ensure that both parties are aware of any relevant laws and regulations that may affect the agreement
  • Understand the scope of the agreement and what each party is responsible for
  • Clarify any ambiguities or areas of confusion in the agreement
  • Ensure that both parties are aware of the consequences of any breach of the agreement
  • Review the agreement to ensure that it is equitable and in the best interests of both parties
  • Check that all relevant information is included in the agreement such as payment terms, contact information, and other important details
  • Have the agreement reviewed by an attorney or other legal professional to ensure that it is legally sound
  • Have both parties sign the agreement in the presence of a witness
  • When you have done all of the above, you can be sure that the agreement is fair and equitable to both parties and can move on to the next step.

Outline the steps necessary to ensure the agreement is fair

  • Consider the needs, interests, and preferences of both parties when creating the agreement
  • Clearly define the rights and responsibilities of each party
  • Specify the consequences of breaching the agreement
  • Outline dispute resolution procedures
  • Make sure all parties understand the contents of the agreement
  • Have the agreement reviewed by an attorney

Once all of these steps have been completed and all parties agree with the terms of the agreement, you will be able to move on to the next step.

Explain the importance of ensuring both parties are treated equitably

  • Review all the information to ensure both parties in the agreement are treated equitably
  • Consider the interests of both parties and how they are being met in the agreement
  • Ensure the terms of the agreement are fair to all parties and do not favor one side over another
  • Make sure the agreement is clear and concise, and that both parties understand their rights and obligations
  • When finished, check that both parties are satisfied with the terms and that the agreement is fair and balanced
  • Once this step is completed, you can move on to the next step of outlining the process of dispute resolution and how to handle disagreements between parties.

Explain the process of dispute resolution and how to handle disagreements between parties

  • Describe what dispute resolution is and how it is used in the agreement
  • Outline the dispute resolution process, including the steps to be taken in the event of a disagreement
  • Explain how the parties should handle disputes and disagreements
  • Explain the importance of keeping the process of dispute resolution fair and equitable for both parties
  • Explain the potential consequences of not resolving a dispute in a timely manner
  • Outline the potential recourse if a solution is not reached
  • Describe the process for when/if the parties wish to modify the dispute resolution process

You’ll know when you can check this off your list and move on to the next step when you have included all the information outlined above in your article of agreement.

Explain the process of dispute resolution

  • Understand the types of dispute resolution methods, such as arbitration, litigation, and negotiation
  • Decide which dispute resolution process will be used
  • Describe the process of dispute resolution in detail in the Articles of Agreement
  • Include a clause in the Articles of Agreement that sets out how disputes will be resolved
  • Set out how parties can initiate the dispute resolution process
  • Specify the time frame for dispute resolution
  • Determine who will be the ultimate arbiter of disputes
  • Clarify any costs associated with dispute resolution

When you can check this off your list and move on to the next step: When you have reviewed and included all the necessary elements in the Articles of Agreement regarding dispute resolution and have ensured that all parties involved agree to the terms.

Describe how to handle disagreements between parties

  • Seek to resolve disagreements through communication and negotiation - try to come to an agreement that both parties are comfortable with
  • If the parties fail to come to an agreement, consult a neutral third-party mediator to help facilitate a resolution
  • If the parties are unable to reach an agreement through mediation, they may need to pursue legal action
  • Once the parties have reached an agreement, be sure to document it in writing
  • Check off this step when you have a clear understanding of how to handle disagreements between parties and have documented any agreements that have been reached.

Explain how to properly terminate an agreement and the legal implications of doing so

  • Understand the legal implications of terminating an agreement: Different states may have different laws regarding the termination of contracts, so be sure to research the laws where the agreement was made.
  • Determine the requirements for termination: Depending on the type of agreement and other factors, the process of terminating an agreement may be different. Be sure to read the agreement carefully to determine the requirements for terminating it.
  • Provide written notice: If the agreement requires it, provide written notice to all parties involved in the agreement in order to formally notify them that the agreement is being terminated.
  • Follow any additional termination requirements: Some agreements may require additional steps beyond written notice in order to properly terminate the agreement. Be sure to read the agreement carefully and follow any additional steps that may be required.

When you have completed this step, you will have a clear understanding of how to properly terminate an agreement and the legal implications of doing so.

Outline the steps necessary to properly terminate an agreement

  • Identify the type of agreement you have – whether this is a contract, deed, or other document
  • Determine what the termination provisions are in the agreement
  • Check if there are any special laws or regulations that apply to the agreement
  • Ensure that you are in compliance with any notice requirements in the agreement
  • Draft the termination document and ensure that it accurately reflects the terms of the agreement
  • Have the termination document signed and witnessed as required by law
  • Serve the termination document on the other party
  • Ensure that all parties have complied with their obligations under the agreement prior to termination
  • Keep copies of all documents related to the termination process

Once you have completed the steps above, you can check off this step and move on to the next one.

Explain the legal implications of terminating an agreement

  • Understand the potential legal consequences of terminating a contract, including fines, lawsuits, and other penalties
  • Prepare yourself for any potential lawsuit or court case if the other party is unhappy with the termination
  • Be aware of any obligations or responsibilities you have to the other party even after the termination of the agreement
  • Ensure that any termination is done in accordance with the terms of the agreement, including any required notice periods
  • Have a plan in place for any financial or other obligations that may still be owed to each party after the termination of the agreement
  • Know that there may be other legal implications of terminating an agreement, such as tax implications or other legal consequences that may affect you or the other party
  • When you have a thorough understanding of the potential legal implications of terminating an agreement, you can check this off your list and move on to the next step.

Explain the importance of proper documentation of the agreement

  • Make sure to document all the terms of the agreement in writing, including the parties involved, their rights and obligations, and any other important details.
  • Be sure to include a dispute resolution clause or procedure in case a disagreement arises.
  • Make sure to have all parties sign the agreement and keep a record of it.
  • Understand the laws or regulations governing the agreement, as well as any applicable industry standards.
  • Once you have completed all of these steps, you can be confident that you have properly documented the agreement and can move on to the next step.

Describe the importance of documenting the agreement

  • Understand the importance of having a written agreement outlining the terms and conditions of the agreement
  • A written agreement provides evidence that both parties have agreed to the terms and conditions of the agreement
  • A written agreement will make it easier to refer to the terms and conditions of the agreement if there are any disputes
  • A written agreement should be signed by both parties to make it legally binding

When you can check this off your list:

  • When you have a full understanding of why it is important to have a written agreement between the two parties
  • When you have a clear comprehension of how a written agreement can help prevent disputes.
  • When you have written out the agreement and both parties have signed the document.

Explain how to properly document the agreement

  • Write out the full agreement in a clear and concise manner
  • Include the date that the agreement is signed, as well as the names of all parties involved
  • List out the details of the agreement, such as payment terms, responsibilities, and any other relevant information
  • Have all parties involved sign the agreement and make sure that all signatures are witnessed
  • Make sure that all parties involved have a copy of the agreement
  • Keep a record of the agreement for future reference
  • When all of these steps have been completed, you can be sure that the agreement is properly documented and ready to be enforced.

Outline the process of enforcing an agreement

• Understand the legal remedies available in the event of a breach. These may include reparations, injunctions, or specific performance.
• Make sure you include the proper language in the agreement that outlines how a breach can be remedied.
• Understand the process of filing a lawsuit, if it should come to that.
• Make sure you include language that outlines who is responsible for legal fees if a dispute arises.
• Understand how to collect a judgment in the event of a breach of the agreement.

You will know that you have completed this step when you have written the appropriate language that outlines the process of enforcing the agreement.

Explain the process of enforcing an agreement

  • Understand the terms and conditions of the agreement, including deadlines and repercussions for non-compliance
  • Investigate the legal enforceability of the agreement if there is a dispute
  • File a lawsuit and seek a court order to enforce the agreement if necessary
  • Follow through with the court order to ensure compliance with the agreement
  • Seek damages for any losses incurred due to the breach of agreement
  • Take legal action if necessary to recover any losses incurred due to the breach of agreement

Outline the steps necessary to enforce an agreement

  • Determine what type of enforceable agreement you need (contract, court order, arbitration, etc.)
  • Make sure all parties involved in the agreement understand their rights and obligations
  • Have all parties sign and date the document
  • Create a plan for how to enforce the agreement if any of the parties do not comply with the terms
  • Ensure that the agreement is legally binding and that all parties have access to the same information
  • Make sure that the agreement is written in a way that it can be enforced
  • Know which laws are applicable to the agreement and make sure they are followed
  • Have a plan for how to resolve any disputes that arise
  • How you’ll know when you can check this off your list: All parties have signed and dated the document, and the agreement is legally binding and enforceable.

FAQ

Q: Is the content of an Articles of Agreement the same in the UK and USA?

Asked by Lily on 14th February 2022.
A: The content of an Articles of Agreement does vary slightly between the UK and USA. In the UK, Articles of Agreement normally include provisions for managing the internal affairs of a company, such as the appointment and removal of directors, and how decisions are passed. In the USA, Articles of Agreement will typically include details on the company’s articles, such as rules and regulations, as well as provisions for stock allocations and other financial matters. It’s important to note that regulations may vary between states in the USA, so it’s important to familiarise yourself with local laws before creating your Articles of Agreement.

Q: What are some common elements in an Articles of Agreement?

Asked by Emma on 4th August 2022.
A: Common elements in an Articles of Agreement include details about the company’s ownership structure and how it is managed, as well as details about how decisions are made. It also covers how shareholders may transfer their shares, and how disputes between shareholders are to be resolved. Additionally, it usually includes provisions for how capital can be raised, how dividends are paid out, and who has control over decision-making within the company.

Q: How should I ensure my Articles of Agreement are legally binding?

Asked by Liam on 12th April 2022.
A: The most important thing to ensure when creating your Articles of Agreement is that it is legally binding. This means that all parties involved must agree to its terms and conditions and that they must be enforceable in a court of law if needed. To ensure this is the case, it is important to have a qualified lawyer review your Articles of Agreement to guarantee that all provisions within it are valid and up-to-date with relevant laws. Additionally, you should also have each party involved sign off on the agreement to make sure that everyone is aware of its contents and agree to abide by them.

Q: What should I consider when creating an Articles of Agreement for a SaaS business?

Asked by Noah on 15th June 2022.
A: When creating an Articles of Agreement for a SaaS business, there are several considerations you should take into account. Firstly, you should consider any regulations or laws that apply specifically to SaaS businesses in your jurisdiction (e.g. GDPR for businesses based in Europe). In addition to this, you should also make sure your agreement includes terms around customer data protection and privacy; intellectual property rights; software licensing; service levels; customer support; payment terms; termination procedures; dispute resolution processes; etc.

Q: Should I make use of templates when creating my Articles of Agreement?

Asked by Olivia on 20th September 2022.
A: Using templates can be a great way to quickly create an Articles of Agreement that meets all legal requirements in your jurisdiction without having to go through the process of creating one from scratch. However, it is important to remember that each situation is different and so some customisation may be necessary in order for the agreement to accurately reflect your particular needs and circumstances. Additionally, it is always best practice to have a qualified lawyer review any template you use before signing off on it, as they will be able to identify any areas where customisation may be needed or where local laws may need to be taken into account.

Q: What should I take into account when drafting my Articles of Agreement if my business operates across multiple jurisdictions?

Asked by Logan on 11th November 2022.
A: When drafting an Articles of Agreement if your business operates across multiple jurisdictions there are a few things you should take into account in order for it to be effective and legally binding across all relevant areas. Firstly, you need to make sure that all applicable laws are taken into account - both local laws within each jurisdiction where you operate as well as any international agreements that may apply (e.g., GDPR if you operate within Europe). Additionally, it’s important to ensure that the language used in your agreement is clear and concise so that all parties involved understand their obligations under the agreement no matter where they are located geographically. Finally, you should also ensure that all parties involved sign off on the agreement in order for it to be legally binding across multiple jurisdictions.

Example dispute

Suing a Company for Breach of Contract:

  • A plaintiff can raise a lawsuit against a company for breach of contract if a contract was agreed upon by the two parties, and either of the parties failed to fulfill their obligations as outlined in the articles of agreement.
  • The plaintiff must prove the existence of a valid contract, the defendant’s breach of that contract, and the damages caused by the breach.
  • The articles of agreement must be referenced in the lawsuit in order to demonstrate that a valid contract existed and that the defendant breached the contract.
  • The damages incurred must be proven, and may include compensatory damages, punitive damages, and/or injunctive relief.
  • It is possible for the plaintiff to win the lawsuit if they can prove that the defendant breached the contract and caused damages.

Templates available (free to use)

Amended Articles Of Association For Public Limited Companies
Amended Optional Articles Of Association For Public Limited Companies
Articles Of Association For Joint Venture Company With Individual Shareholders
Articles Of Association For Joint Venture Deadlock
Articles Of Association For Joint Ventures With Non Equal Shareholdings
Articles Of Association Freehold Residents Management Company
Member Resolution To Amend Articles Of Association
Model Articles Of Association Bvca
Sample Articles Of Association Non Leveraged Vc Equity Investment
Sample Articles Of Association Private Equity Buyout Vehicle
Sample Articles Of Association Private Limited By Guarantee
Short Form Articles Of Association Private Company Limited By Shares
Subsidiary Articles Of Association Private Limited
Written Resolution To Amend Articles Of Association To Remove Director Discretion Where Share Security Is Taken

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