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Examples of How to Write a Contract

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					How to Write a Contract
By eHow Legal Editor
Contracts are agreements which make personal and business agreements official and binding,
ensuring our safety in entering upon such an agreement. Contracts are invaluable tools that help
both you and the contractor understand the terms of your agreement and your individual
obligations. Learn how to write an effective, legally-binding contract.

Instructions
Step1
Know that the process of writing, and also negotiating, through the contract is in some ways as
important as the words you choose to write. It sets a tone for how you work together and hopefully
displays a balance of flexibility as well as focus on the goals of the agreement.

Step2
Negotiate a specific scope of work for a particular price and payment schedule, and communicate to
clearly understand the nature of each. Once an agreement is communicated, translate these important
arrangements into the content of your contract.

Step3
Keep the wording in a contract as simple and straightforward as possible. Especially when dealing with
technical information, contracts can become lengthy and difficult to read as a whole. If this is the
nature of your contract, request that legal counsel oversee the drafted contract, as their detail-oriented
eyes may catch loopholes or issues you wouldn't otherwise be concerned with. Use their advice to
rectify the contract into one that you feel more secure about agreeing to.

Step4
Include a clear work plan that offers specific deliverables tied to specific dates and deadlines. In
advance, schedule progress reports and meeting times to discuss expectations and the quality of the
work being completed.

Step5
Determine who will own the property or other creations designated by the contract once obligations are
complete. Both parties can have different views on this, so it is important to clarify. It can be especially
tricky in terms of intellectual property agreements.

Step6
Determine the terms required for each party to get out of the contract.

Step7
Get signatures from both parties.

				
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posted:10/21/2008
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