Washington Proposed Pairing Agreement

State:
Multi-State
Control #:
US-CC-7-1480
Format:
Word; 
Rich Text
Instant download

Description

This form is a detailed model agreement for a stock pairing transaction. Adapt to fit your specific needs and circumstances. Don't reinvent the wheel, save time and money.
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  • Preview Proposed Pairing Agreement
  • Preview Proposed Pairing Agreement
  • Preview Proposed Pairing Agreement

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FAQ

In Washington, the basic maxim is ?An agreement is enforceable if its terms are reasonably certain.? The terms of a contract are ?reasonably certain? if they provide the ability for determining a breach/default and for giving an appropriate remedy in case of breach/default.

Put simply: yes. From a legal standpoint, verbal contracts can be just as valid as written contracts. There are, of course, nuances and exceptions, and a verbal contract may be much more difficult to enforce in court should something go wrong.

Whether an oral contract is enforceable in Washington depends upon the circumstances surrounding the terms of the agreement?most notably, whether the agreement falls under the provisions of the so-called ?Statute of Frauds,? requiring that certain types of contracts must always be in writing and signed by the parties ...

This type of situation occurs when one party commits a breach that fundamentally undermines the agreement written in the contract that the other party has no choice but to terminate the agreement. Material breaches of contract are situations where one party failed to perform his or her duty.

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Washington Proposed Pairing Agreement