Agreements & Contracts

What is Agreement And Contracts?

An agreement is a document elucidating the rights and obligations of two parties to enter into an arrangement, usually to get a particular task done. An agreement lists out many things depending upon the nature of purpose which is sought to be achieved through the arrangement between the parties. An agreement comprises of standard, statutory and customized clauses. All the three kind of clauses have their own significance and are required in an agreement to make it valid in the eyes of law. A contract on the other hand is nothing but an agreement enforceable by law. Most of the time, the terms are used interchangeably, but it doesn’t mean that they are one and the same thing.

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Private Agreements

Get Rent Agreements, Sale Deeds, Joint Venture Agreements, Independent Contractor Agreement and similar agreements drafted through our commercial help.

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Commercial Contracts

Drafting of Supplier-Manufacturer Agreements, Chinese NNN Agreements, Non-Disclosure Agreements are covered under this head .

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IP Licensing Agreements

Draft Trademark, Patent or Copyright Licensing Agreements with the help of our associates.
Best way to commercialize an Intellectual Property is by licensing your interest in return of royalty.

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Agreement and Contracts Service

What all you get?

  • Consultation with our associates
  • Different versions till you are not satisfied
  • Templates for future usage
  • Enforcement of clauses in case of future dispute

FAQs on Agreements and Contracts

An agreement is any understanding or arrangement between the parties or coming together of the parties for mutual and common purpose with the view of altering their rights. When that agreement contains terms and elements legally binding/enforceable by law in an exchange for consideration, that agreement becomes contract. Every contract is an agreement, but every agreement is not a contract.  All agreements which are duly executed between competent parties for a consideration and lawful object can be referred to as a contract.

Contracts are mutual agreement which are binding on both the parties. Agreement is formed when there is an offer by one party and acceptance of the same by the other party. The important aspect of the contact is consensus ad idem (meeting of minds) meaning that the parties to an agreement should agree upon the same thing, in the same sense and at the same time. Apart from these, the parties must be competent to enter into contact. Any contract enter into by any incompetent individual (like a minor) is not valid and also not enforceable in the courts. Moreover, the contact must be made with free consent of the parties. It should have a lawful object, some legal obligations and some lawful consideration. Both the parties must get something in return. In certain circumstances it should also be in accordance with the legal formalities such as registration, writing.

The difference between the Contract and Agreement is as described below:

Points of Difference Agreement Contract
1. Definition An informal understanding between two parties which is not legally enforceable A formal understanding between two parties which, by its elements and terms is enforceable by law.
2. Consideration Not required Required
3. Legal effect An agreement that does not fulfil the required elements of the contract has no legal effect. A contract is legally binding and the terms and elements of the contract are enforceable in court of law.
4. Requirements Common understanding as to their relative rights and responsibilities, which is meetings of mind. Free consent, competent to enter into an agreement, lawful object and lawful consideration and other as mentioned in answer 2.
5. Need to be in writing? Not necessary It is required for some specific kind of contracts, such as those involving land which cannot be completed within one year.
6. When is it valid? When mutually accepted by both the parties or all parties involved Mutual agreement between the parties (after an offer has been made by one party and has been accepted by the other) and consideration (something of value must be exchanged)

Contract/Agreement drafting is a practice of forming a written document which can serve as an evidence wherein the written document states clauses with respect to the obligations of the parties with necessary safeguards and effective remedies (which also can include out of court settlements), the purpose of the contract/agreement (which depends upon the types of contracts). The drafting would also include the manner in which a contract/agreement is to be performed, the laws governing the contract/agreement (if the contract/agreement is an international one), the appropriate court which will be competent to entertain your dispute, the duration of the contract, intellectual property protection, territorial restriction, confidential information (if applicable), termination of a contact/agreement. Thus, contract/agreement drafting is a process of including mutually agreed upon clauses into a binding document.

A well drafted Contract clears ambiguities and specifies the rights and obligations which needs to be performed. Once the clauses have been noted down in a single document, the other party can review the document and identify concerns arising from the document. The purpose of such review is to address those concerns and make both the parties at an equal footing so that the parties can work competently. The document spells out specific terms that that the contracting parties have agreed upon and in the event of breach serves as a guiding document for the courts to decide proper remedy for the injured party. Those agreements which does not meet the legal criteria is termed as an informal agreement which can save time and allow more flexibility in the fulfilment of an obligation.

To avail our contract/ Agreement drafting services, please fill up the form with the details as required or contact us by sending an email with your requirements or by calling us on the number provided on our website.

Advantages of Agreement and Protection

Avoid Ambiguities

Getting clauses drafted in written agreement signed by parties annihilates chances of one party being exploited by another. It also makes sure that there are no future disagreements between the parties and if there is any conflict, it can be resolved amicably as per the agreed terms.

Easy for Court

If the agreement is drafted by a professional, the chances of ambiguities are very less. It makes the work of court easy because all what it has to do is to read and interpret the impugned clauses so that it can apply the agreed clauses on the facts to decide the matter. It saves both time and effort of parties as well as courts.

Way to Earn Royalty

Licensing of IP rights essentially means allowing a third party to use a part of your IP in return of a royalty. Licensing is the best way to commercialize a patent, trademark or a copyright. A professionally drafted IP licensing agreement can make sure that there are no loose ends in the deal between the parties.


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The basic source of our team’s strength and commitment lies in our dedication towards the discipline. Almost all of our team members exclusively have specialized in the field of Intellectual Property Rights and are passionate to deliver their best in terms of services.

Young Team of Professionals

Our team comprises of a group of skilled and young professionals who are capable of handling several tasks in an impeccable manner. Our young team of professionals specializes in the discipline of Intellectual Property Rights and has been delivering time bound results without compromising with the quality of the work. Our ambitions are driven by the idea of success which we believe rests in our client’s level of satisfaction with our work.

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Our client base has no geographical boundaries. For the last three years, we have been working with clients based in the regions like North America, South America, Australia, Europe and several South Asian Nations. Our global reach established via international networking in such a short period of time is purely a result of high level commitment towards our work and client satisfaction which we have garnered through the quality of our work.

Happy Clients

Lex Protector helped us file several trademarks and copyright. They were easy to reach, always available and were quick to understand the legal requirements of our business. Recommended!

Eric Logan

Eric Logan

CEO VitaminBestBuy, NY, USA

Great work as always for Trademark Search from Lex Protector.

Davidson Hepburn

Davidson Hepburn

MD Gold Tiger Holdings, FL, USA

Professional, great communicators, great results. Would not hesitate to use firm’s services for trademark registration again. Thanks!

Matthew Hodge

Matthew Hodge

Founder Star Pack, Australia