Cost Sharing Agreement Template

You can open the Cost Sharing Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Cost Sharing Agreement Template

Printable | Editable Form




Cost Sharing Agreement Template (1)
Between:
[Name of Party A]
[Party A’s ID]
[Party A’s Address]
[Party A’s Phone]
[Party A’s Email]
And:
[Name of Party B]
[Party B’s ID]
[Party B’s Address]
Introduction:
This Cost Sharing Agreement (“Agreement”) is made effective as of [Effective Date] by and between the parties named above for the purposes of detailing the cost-sharing arrangements regarding [Specify Project/Activity].
Clause 1: Purpose
The purpose of this Agreement is to outline the responsibilities of each party concerning the management and sharing of costs incurred during the project [Specify Project].
Clause 2: Scope of Costs
The costs covered under this Agreement include, but are not limited to: [List specific costs, e.g., personnel, materials, services].
Clause 3: Cost Sharing Methodology
The parties agree to share costs as follows: [Specify sharing ratio, such as 50/50, or outline other arrangements].
Clause 4: Invoicing and Payment Terms
Party A will issue invoices monthly, and Party B agrees to make payments within [Number of Days] days of receiving the invoice. Payments shall be made via [Specify Payment Method].
Clause 5: Responsibilities of Each Party
Party A agrees to [Specify responsibilities]. Party B agrees to [Specify responsibilities].
Clause 6: Duration and Termination
This Agreement shall remain in effect until [Specify End Date or Condition], unless terminated earlier by either party with [Number of Days] days written notice.
Clause 7: Confidentiality
Both parties agree to keep confidential any proprietary information received in connection with this Agreement.
Clause 8: Governing Law
This Agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of Party A]
[Name of Party A]
[Signature of Party B]
[Name of Party B]
Cost Sharing Agreement Template (2)
Between:
[Name of Party A]
[Party A’s ID]
[Party A’s Address]
[Party A’s Phone]
[Party A’s Email]
And:
[Name of Party B]
[Party B’s ID]
[Party B’s Address]
Introduction:
This Cost Sharing Agreement outlines the collaborative efforts and financial responsibilities of each party regarding [Specify Project/Activity], starting from [Effective Date].
Clause 1: Definition of Project
The project covered by this Agreement is [Detailed description of the project].
Clause 2: Budget and Cost Allocations
The total budget for the project is estimated at [Total Amount], with allocations designated as follows: [Detail cost allocations to each party].
Clause 3: Payment Procedures
Each party shall be responsible for making payments in accordance with the following schedule: [Specify schedule].
Clause 4: Record Keeping
Both parties shall maintain accurate financial records of all project-related expenses to ensure transparency. Records shall be available for review upon request.
Clause 5: Amendments
Any amendments to this Agreement must be made in writing and signed by both parties.
Clause 6: Indemnity
Each party agrees to indemnify and hold harmless the other party from any claims arising out of their respective responsibilities under this Agreement.
Clause 7: Dispute Resolution
In the event of any dispute arising from this Agreement, the parties agree to resolve the matter through mediation before pursuing legal action.
Clause 8: Governing Law
This Agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of Party A]
[Name of Party A]
[Signature of Party B]
[Name of Party B]

Form

Please complete the form below to create the Cost Sharing Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Cost Sharing Agreement Template

1. Parties Involved





2. Purpose of the Agreement

3. Project Description

4. Cost Contribution Breakdown

5. Payment Schedule

6. Roles and Responsibilities

7. Adjustment Clause

8. Confidentiality Agreement

9. Termination Conditions

10. Signatures and Acceptance

11. Declaration and Signatures




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Printable

Cost Sharing Agreement Template

Printable | Editable Form




Cost Sharing Agreement Template