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What is a Letter of Agreement?

A letter of agreement is a formal written document that outlines the terms and conditions of a business arrangement or contract between two or more parties. It serves as a written record of the agreement reached between the parties and helps ensure that all parties are clear on the terms the arrangement.

The contents of a letter of agreement typically include details such as the scope of work or services to be provided, responsibilities of each party, payment terms, deadlines, and any other relevant terms and conditions. By documenting these details in writing, a letter of agreement helps prevent misunderstandings and disputes that may arise in the future.

Letters of agreement are commonly used in various business transactions, such as partnerships, collaborations, services agreements, and more. They are often used when a full contract is not necessary or practical, but a written record of the agreement is still needed for clarity and legal purposes.

Overall, a letter of agreement is a valuable tool for formalizing business arrangements and ensuring that all parties are in agreement on the terms of the agreement. It helps protect the interests of all parties involved and provides a solid foundation for a successful business relationship.

A Free Letter of Agreement

You can find more free letters of agreement in our high quality business letter making software, Business Letter Professional.

 

CONTRACT # of Insertions

RECYCLER

#______________ C L A S S I F I E D " S Issue # ______ To ________

LOCATIONS

_____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________ _____________________________________________________________________

[List of Places, Addresses, and Phone Numbers]

DISPLAY ADVERTISING AGREEMENT

This is a total space contract. Any changes in editions, space, or number of insertions may affect the rate.

Contract Name___________________________

Corporation Partnership Sole Proprietorship Agency

Authorized By___________________________ 2nd Address_____________________________________

Title___________________________________ _____________________________________

Address________________________________ p Prepaid Contract p Installments___________

Telephone Number (____)_________________ p P. P. Alt p _________________________ area code

THIS AGREEMENT is made as of ___/___/___ between RECYCLER PUBLICATIONS hereinafter called "Publisher", and ____________ hereinafter called "Advertiser." The initial term of the Agreement shall be for ____ consecutive issues commencing on ___/___/___ and ending on ___/___/___.

CONDITIONS

Payment in advance of publication of each ad is required of all advertisers. In event of the failure of the advertiser to make any such payment, the publisher shall have the right in its sole discretion to cancel the applicable ad as well as the balance of the agreement.

All advertising is accepted subject to the most current rate card, this agreement, corresponding numbered insertion order, and the approval of the Publisher. No verbal agreement altering the rates or terms of this agreement or corresponding rate card shall be recognized.

ERROR LIABILITY

Under no circumstances shall the liability of the Publisher for errors or omissions in any ad exceed the price of such ad.

Under no circumstances shall the Publisher have any liability of any nature whatsoever for failure, for any reason, to publish any ad except to refund any amount previously paid for such ad.

Notification of any error or omission in any ad must be made to the Publisher to correct copy, and assure credit, prior to the deadline of the following week's publication. In other words, in the case of a repeat of an error or omission in a subsequent ad, no credit will be given unless said notification is received prior to the deadline for publication of such subsequent advertising.

No credit will be given for any error that does not materially affect the value of the ad. Only major errors such as address/telephone numbers shall be constitute cause for credit.

PLACEMENT

The Publisher will make every reasonable effort to comply with placement requests, however, placement is not guaranteed except for paid position advertising whose terms shall be those of the most current rate card, and the Publisher shall have no liability and shall give no credit whatsoever respecting complaints about the Publisher's exercise of discretion in placement of any ad.

CANCELLATION

The Publisher reserves the right to revise or reject, in whole or part, any ad, at any time, for any reason and without notice.

No corrections or cancellations will be accepted after the deadlines as specified in the most current rate card. The advertiser assumes liability for any and all amounts due the Publisher up to the date of such cancellation, and agrees that such amounts shall be re-adjusted to the actual rate earned (pro-rated) as specified in the most current rate card.

INDEMNIFICATION

The advertiser or agency to be held liable and indemnifies the Publisher for any and all claims, losses, liabilities, damages, costs and expenses (including attorney's fees) made against or incurred by the Publisher or its officers, or employees with respect to, or arising out of the content including text, graphics and representations of any ad.

MISCELLANEOUS

This agreement contains the entire agreement between the Publisher and the advertiser with respect to the subject matter hereof and may be amended only in writing signed by the Publisher and the advertiser.

In the event any provision of this agreement shall be invalid or unenforceable, the remaining provisions shall nevertheless be given full force and effect.

The advertiser agrees to pay all costs and expenses (including, without limitation, attorney's fees) for collection of amounts due the Publisher from the advertiser whether or not legal action is instituted.

There will be a composition charge for any ad, set up by the publisher and cancelled prior to insertion, corresponding to the most current rate card.

There is not charge for basic ad construction, however, there may be additional charge for custom art work, camera shots, veloxes, etc., as per the most current rate card.

Camera ready ads must be finished veloxes or stats, made to exact size and correct number for insertion.

Proof corrections will be made for the Publisher's production errors only.

Proof orders must be submitted 10 days prior to publication, and charges for such proofs shall correspond to the most current rate card.

The Publisher assumes no liability whatsoever for photographs, drawings, or other materials left in its possession.

The Publisher reserves the right to increase its rates at any time upon 30 days written notice, in which case Advertiser shall have the right to cancel this Agreement as of the effective date of such increase.

Advertiser Accepted by Publisher

I have read, understood and agreed to the contract terms.

Agreed _____________________________

Advertising Representative _______________________

Name ______________________________

Advertising Manager ____________________________

Title ___________________ p

Phone Order-Advertiser Must Sign And Return Agreement Before Second Insertion

OFFICE-WHITE BRANCH OFFICE-CANARY ADVERTISER-PINK SALES-GOLDENROD

 
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