Free Contract law Templates
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3,478 Contract law contracts
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Loan Agreement
A simple interest-free loan agreement between two individuals in India, recording a personal loan (here, to help the borrower purchase a residential flat), repayable in instalments over a fixed period. It records the loan amount, the interest-free terms, the fixed repayment period, and the borrower's personal guarantee, and confirms that the terms are agreed by mutual consent.
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Loan Agreement with Security
A three-party secured loan agreement for an inter-corporate deposit in India, between a lender company, a borrower company, and a third-party pledger company. The lender advances a fixed-term, interest-bearing inter-corporate deposit to the borrower, and the pledger secures repayment by pledging fully paid-up equity shares in favour of the lender. It covers the deposit amount, interest and penal interest, the share pledge and margin maintenance (top-up if the share price falls), the lender's right to sell the pledged shares on default, accretions (bonus/rights/dividends) forming part of the security, a demand promissory note, a power of attorney over the shares, and the pledger's joint-and-several, co-extensive liability with the borrower.
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LOAN AGREEMENT WITH BANK
A loan agreement between a bank and a borrower in India for an overdraft / cash-credit facility to finance the borrower's business, up to a maximum limit and secured by a mortgage of the borrower's property. It covers the facility limit, interest charged on the daily balance and debited monthly, incidental and commission charges, the property mortgaged as security and the borrower's personal guarantee, a one-year term renewable on notice, and the borrower's obligation to repay the outstanding balance on demand — with the bank's books to be conclusive evidence of the amount due.
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HIRE-PURCHASE AGREEMENT
This is a standard template for a hire-purchase agreement, typically used for the rental and eventual purchase of equipment like a pump set. It outlines the payment of monthly instalments, maintenance responsibilities of the hirer, and the conditions under which the hirer can become the absolute owner.
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Guarantee for One Customer by One Surety
A continuing guarantee given by a single surety to a bank in respect of a single customer's account in India. The surety agrees to pay the bank, up to a stated maximum plus interest, all moneys and liabilities the customer owes on any account, together with interest and banking charges. It is a continuing guarantee terminable on three months' written notice, preserves the bank's freedom to grant the customer time or indulgence and to deal with other securities without discharging the surety, allows the bank to prove for its full claim in the customer's insolvency, and binds the surety's estate. Governed by the guarantee provisions of the Indian Contract Act, 1872
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FOUNDERS AGREEMENT
A founders' agreement for an early-stage private company in India, governing the relationship between co-founders. It sets out founder roles and responsibilities, board composition and reserved matters requiring unanimous founder consent, existing shareholding, vesting of founder shares over three years (with acceleration on a change of control), share-transfer restrictions (right of first offer and tag-along rights), bank-operation limits, confidentiality, non-competition (while a shareholder) and non-solicitation, assignment of inventions and IP to the company, and the treatment of a founder's shares on exit — voluntary, for cause, or on death/disability — together with standard boilerplate (governing law: India; arbitration; jurisdiction: Bangalore).
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CONSIGNMENT RETAIL SHOWROOM AGREEMENT
This template is a consignment agreement for a retail showroom where a supplier provides products for sale at a physical outlet managed by a second party. It outlines responsibilities for renovation, staffing, utility costs, and insurance, while ensuring the supplier retains ownership of the inventory until sold.
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Exclusive Distributorship Agreement
An exclusive distributorship agreement under which a foreign manufacturer (here, a Taiwan corporation) appoints an Indian company as its sole distributor for a product (uninterruptible power supply units) throughout India. It covers the exclusive appointment and territory, pricing, cross-licensing of technical improvements, a one-year warranty and after-sales service, mutual exclusivity (the distributor handles no competing products; the seller uses no other channel), a minimum annual purchase commitment, payment by letter of credit or telegraphic transfer, reporting and sales promotion, use of the seller's trademarks and IP, confidentiality, a one-year term with renewal consultation, assignment restrictions, local assembly, and governing law (India) with arbitration seated in London.
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Deed of Hypothecation
A deed of hypothecation under which a borrower charges a machine or asset — purchased with finance provided by a private lender — as security for repayment of the loan, in India. The creditor pays the balance purchase price to the manufacturer on the borrower's behalf and retains the original invoice until the debt is discharged; the borrower hypothecates the asset (described in Schedule A) and undertakes to repay principal and interest in monthly instalments (Schedule B). It covers default interest and acceleration on default, a restriction on removing the asset out of the State without intimation to the creditor, insurance of the asset, and dispute resolution by arbitration under the Arbitration and Conciliation Act, 1996.
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CANCELLATION OF AN AGREEMENT
A mutual cancellation and release agreement, by which a principal and its commission agent agree to bring an earlier agency agreement to an end in India. The agent, unable to continue the work, is released from his obligations in consideration of the principal refunding the advance the agent had deposited; and both parties mutually relinquish their respective rights and obligations, so that the earlier agreement stands cancelled and rescinded. Being a document of release, it is to be stamped accordingly.