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How to Make/Create an Agreement in Microsoft Word [Templates + Examples] 2023
Agreements are legally binding documents that ensure two parties are on the same page pertaining to certain deals. Each of us must have clear ideas on how to prepare agreements just in case we encounter business deals.
Create an Agreement in Microsoft Word – Step-by-Step Guide
Microsoft Word is the top choice of document creation software when it comes to preparing agreements or contracts. This guide shows you the most convenient method to prepare your agreement documents to save time.
Step 1: Select an Agreement Template
Choose the Agreement Template so you won’t have to draft an agreement document from scratch. It’s fully editable and you can grab your copy of it right away from its page on this site.
Step 2: Download the Agreement Template in MS Word
To edit the Agreement Template in MS Word, you must download its Word format version. So under the Download Free Template portion of the page, click the Word button on the right; the template will take no more than 10 seconds to download.
Step 3: Personalize the Cover Page
Open the Agreement Template file in MS Word and start by personalizing the cover page. Insert your business logo in the upper left corner, write the title of the document at the center, write the name under ‘Prepared for’, write your name as the creator of the document, and indicate the date.
Step 4: Write the Parties, Nature of the Agreement, and Consideration & Payment Sections
In the ‘Parties’ section, write brief descriptions or introductions about the two parties involved in the agreement. And in the ‘Nature of Agreement’ section, discuss what the agreement is all about; and lastly, in the ‘Consideration & Payment section, discuss how the payments and deliverables will be settled by the two parties.
Step 5: Customize the Sections on the Second Page
The second page of the agreement template is another two critical sections that must be accounted for. In those sections, you’ll further discuss certain terms and conditions that both parties must follow and the repercussions should they fail to meet them.
Step 6: Edit the Applicable Law and Signatures Section
In the Applicable Law section, discuss the state laws and regulations that are governing the processing and duration of the agreement. And in the Signature section, the names and positions of the two parties must be stated; and above their names should be allocated space for their respective signatures.
Step 7: Save and Print the Agreement
Review the agreement and go to File to select Save or Save As to save the document on your computer. And since it’s likely that you’ll be needing a printed copy, select Print.
Agreement Templates & Examples
Below is a list of 10 more editable agreement templates and examples that helps you draft well-written agreement documents.
Simple Agreement Template
The Simple Agreement Template has multiple read-made sections that show us the right tone of voice when writing agreements. It comes with a fully fleshed-out cover page as well.
Contract Agreement Template
Contracts are necessary documents to prepare before business deals are officially sealed. The Contract Agreement Template has all the features and sections that help its users come up with convincing contracts.
Basic Agreement Template
The Basic Agreement Template is designed for all types of agreements and contracts. Its layout and ready-made content are flexible and easily editable to suit the needs of its users.
Purchase Agreement Template
As its name implies, the Purchase Agreement Template is for users who are dealing with purchasing deals with other businesses or service providers. It includes all the essential sections to draft complete purchase agreement documents.
Agreement Letter Template
The Agreement Letter Template is a type of formal letter template that breaks down the demands of one party pertaining to a business deal. You can also use this type of template to propose an agreement with a potential business partner.
General Agreement Template
The General Agreement Template can be used for any type of agreement between two parties. With this template, it’ll be a lot easier to document and record the terms of a legally-binding deal.
Employment Agreement Template
The Employment Agreement Template is made for HR managers and employers who are about to hire new employees. This template helps them draft an agreement that covers the rules, regulations, and terms that a new hire must follow throughout his or her employment in the company.
Agreement Form Template
The Agreement Form Template is a dynamic type of form template that guides users on the proper format of agreement documents. Those who are beginners at agreement writing can learn a lot by using this template as their reference.
Sales and Marketing Agreement Sample Template
The Sales and Marketing Agreement Sample Template is specifically for sales and marketing teams in companies. A lot of deals are being made in those departments across various industries, and this template can help those departments finalize their dealings.
Apprenticeship Agreement Sample Template
The Apprenticeship Agreement Sample Template is made for companies offering apprenticeship programs for students or fresh graduates. They can use this template to write down clear details regarding the terms and rules of their apprenticeship offers.
FAQs
What are the most common types of agreements?
Some of the most common types of agreements are memorandum of understanding agreements, non-disclosure agreements, material transfer agreements, and cooperative agreements.
What are the basic elements of an agreement document?
Offer, consideration, and acceptance are the three basic elements of an agreement document; those elements are also present in contracts.
Can agreements be broken?
An agreement can be void if the two parties mutually agree to end their partnership or if one party violated certain terms and conditions.
What is the primary purpose of an agreement?
The primary purpose of an agreement is to ensure both parties will meet their respective responsibilities and follow the rules throughout the duration of the partnership.
When is an agreement considered illegal?
An agreement will be considered illegal if the stipulations, conditions, and terms involved in it violate certain laws within a country, city, or state.