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This Agreement may be signed in one or more counterparts, each of which shall be deemed a duplicate original, binding on the parties hereto notwithstanding that the parties are not signatory to the original or the same counterpart.
- What does it mean to be executed in counterparts?
- Do counterparts have to be identical?
- What is an amendment clause?
What does it mean to be executed in counterparts?
Related Content. An approach to executing a document that is intended to have legal effect between two or more parties, that involves each party signing a separate (but identical) copy of the document and then exchanging their signed document for the one that has been signed by the other party.
Do counterparts have to be identical?
Is counterparts clause compulsory? Generally, an agreement does not need to include a counterparts clause in order for it to be signed in counterparts, as long as the content of each signed version is the same.
What is an amendment clause?
The Amendment clause stipulates the conditions for changing the terms of an agreement. The clause typically requires a written document signed by both parties.
