Pledge clause: Copy, customize, and use instantly
Introduction
A pledge clause outlines a commitment or promise made by one party to fulfill specific obligations or responsibilities. It is often used to ensure that a party will take certain actions or refrain from certain actions, providing a clear understanding of the commitment within the contract.
Below are templates for pledge clauses tailored to different scenarios. Copy, customize, and insert them into your agreement.
Standard pledge clause
This variation applies to a general commitment to fulfill obligations.
[Party Name] pledges to [specific action or obligation], and agrees to take all necessary steps to fulfill this commitment in accordance with the terms outlined in this Agreement. Failure to meet this obligation will be subject to [penalty or consequence].
Pledge of confidentiality clause
This variation applies when a party pledges to maintain confidentiality.
[Party Name] pledges to maintain the confidentiality of all confidential information disclosed during the course of this Agreement. This obligation will remain in effect for [X] years following the termination of the Agreement, and any unauthorized disclosure will result in [penalty or consequence].
Pledge to comply with laws clause
This variation applies when a party pledges to comply with applicable laws.
[Party Name] pledges to comply with all applicable local, state, and federal laws, regulations, and industry standards while performing their obligations under this Agreement. Any failure to comply may result in [penalty or consequence].
Pledge of performance clause
This variation applies when a party pledges to achieve certain performance metrics.
[Party Name] pledges to achieve the performance goals set forth in this Agreement, including [specific goals or metrics]. If these goals are not met within the specified time frame, [Party Name] agrees to [specific corrective action or penalty].
Pledge of financial commitment clause
This variation applies when a party pledges to a financial commitment or investment.
[Party Name] pledges to invest [X] amount of capital into the project as outlined in this Agreement. This financial commitment will be made by [specific date] and will be used solely for [specific purpose].
Pledge to meet deadlines clause
This variation applies when a party pledges to meet specific deadlines.
[Party Name] pledges to complete all deliverables outlined in this Agreement by the agreed-upon deadlines. Any delays in meeting these deadlines will result in [penalty or consequence], unless a delay is caused by [force majeure or other agreed-upon circumstances].
Pledge to ensure quality clause
This variation applies when a party pledges to ensure a certain level of quality.
[Party Name] pledges to deliver products/services that meet the quality standards outlined in this Agreement. If the products/services do not meet the specified quality, [Party Name] agrees to [corrective action or remedy].
Pledge of non-competition clause
This variation applies when a party pledges not to compete during or after the Agreement.
[Party Name] pledges not to engage in any competing business activities during the term of this Agreement and for [X] years following its termination. Any violation of this pledge will result in [penalty or consequence].
Pledge to provide support clause
This variation applies when a party pledges to provide ongoing support.
[Party Name] pledges to provide ongoing support and assistance to [other party] as outlined in this Agreement. This includes [specific support services], which will be available for [specified time frame] after the delivery of the final product or service.
Pledge of good faith clause
This variation applies when a party pledges to act in good faith.
[Party Name] pledges to act in good faith in all dealings under this Agreement and to make every reasonable effort to resolve any disputes or issues that arise in a fair and equitable manner.
Pledge to maintain insurance coverage clause
This variation applies when a party pledges to maintain insurance coverage.
[Party Name] pledges to maintain adequate insurance coverage throughout the term of this Agreement, including [types of insurance]. Proof of insurance will be provided to [other party] upon request.
Pledge of environmental responsibility clause
This variation applies when a party pledges to adhere to environmental standards.
[Party Name] pledges to adhere to all environmental standards and regulations outlined in this Agreement. [Party Name] agrees to take all necessary actions to minimize environmental impact and ensure compliance with environmental laws.
Pledge to resolve disputes clause
This variation applies when a party pledges to resolve disputes through a specific process.
[Party Name] pledges to resolve any disputes arising from this Agreement through [mediation, arbitration, or other specified method] before seeking legal action. Both parties agree to work in good faith to settle any disagreements amicably.
Pledge of exclusivity clause
This variation applies when a party pledges to maintain exclusivity.
[Party Name] pledges to exclusively engage with [other party] for [specific products or services] during the term of this Agreement. Any breach of this exclusivity pledge will result in [penalty or consequence].
Pledge to respect intellectual property clause
This variation applies when a party pledges to respect intellectual property rights.
[Party Name] pledges not to infringe upon the intellectual property rights of [other party] or third parties during the performance of this Agreement. Any unauthorized use of intellectual property will result in [penalty or consequence].
Pledge to promote diversity clause
This variation applies when a party pledges to promote diversity and inclusion.
[Party Name] pledges to promote diversity and inclusion in all aspects of their business operations under this Agreement. This includes fostering a workplace that values equal opportunities for all employees and partners, regardless of [specific characteristics].
Pledge to provide regular reports clause
This variation applies when a party pledges to provide regular progress reports.
[Party Name] pledges to provide regular progress reports to [other party] every [X weeks/months]. These reports will detail the status of [specific deliverables or milestones] and any issues or concerns that may arise during the execution of the Agreement.
Pledge of transparency clause
This variation applies when a party pledges to maintain transparency.
[Party Name] pledges to maintain transparency throughout the execution of this Agreement. This includes sharing relevant information, updates, and documents with [other party] in a timely manner, ensuring that both parties are fully informed.
Pledge to provide training clause
This variation applies when a party pledges to provide training to another party.
[Party Name] pledges to provide [specific training] to [other party] as part of the services outlined in this Agreement. The training will cover [specific topics] and will be delivered on [specific dates or schedule].
Pledge of non-disclosure clause
This variation applies when a party pledges not to disclose confidential information.
[Party Name] pledges not to disclose any confidential information obtained during the course of this Agreement, unless required by law or with the prior written consent of [other party]. Any violation of this pledge will result in [penalty or consequence].
Pledge to uphold ethical standards clause
This variation applies when a party pledges to uphold ethical standards.
[Party Name] pledges to uphold the highest ethical standards in all actions taken under this Agreement. This includes ensuring fairness, honesty, and integrity in all business dealings and avoiding any conflicts of interest.
Pledge to respect confidentiality after contract termination clause
This variation applies when a party pledges to maintain confidentiality after the contract ends.
[Party Name] pledges to maintain the confidentiality of any sensitive information received during the term of this Agreement, even after the termination of this Agreement. This confidentiality obligation will remain in effect for [X] years after termination.
Pledge to adhere to non-solicitation clause
This variation applies when a party pledges not to solicit employees or clients from the other party.
[Party Name] pledges not to solicit, directly or indirectly, any employees, contractors, or clients of [other party] during the term of this Agreement and for [X] years after its termination. A breach of this pledge will result in [penalty or consequence].
Pledge of non-disclosure of trade secrets clause
This variation applies when a party pledges not to disclose trade secrets.
[Party Name] pledges not to disclose any trade secrets or proprietary information belonging to [other party] to any third party during or after the term of this Agreement. The breach of this pledge will result in [penalty or consequence].
Pledge of non-circumvention clause
This variation applies when a party pledges not to bypass the other party for financial gain.
[Party Name] pledges not to circumvent [other party] by directly engaging with any clients, suppliers, or partners introduced through this Agreement, for the purpose of bypassing the agreed terms. Violating this pledge will result in [penalty or consequence].
Pledge to provide feedback clause
This variation applies when a party pledges to provide regular feedback.
[Party Name] pledges to provide [other party] with constructive feedback and insights on [specific deliverables] at regular intervals. Feedback will be provided in writing and within [X] days of receiving any updates or drafts.
Pledge to meet environmental standards clause
This variation applies when a party pledges to meet environmental standards.
[Party Name] pledges to adhere to all applicable environmental standards and regulations while carrying out its obligations under this Agreement. This includes minimizing environmental impact and implementing sustainable practices in [specific activities].
Pledge to maintain security protocols clause
This variation applies when a party pledges to maintain security protocols.
[Party Name] pledges to follow industry-standard security protocols to protect sensitive data and prevent unauthorized access, sharing, or breach of confidential information. Any failure to adhere to these protocols will result in [penalty or consequence].
Pledge to remain solvent clause
This variation applies when a party pledges to remain solvent.
[Party Name] pledges to remain financially solvent throughout the term of this Agreement and notify [other party] immediately if they face any circumstances that may affect their ability to meet the financial obligations under this Agreement.
Pledge to act in good faith clause
This variation applies when a party pledges to act in good faith.
[Party Name] pledges to act in good faith and with honesty and integrity in all dealings under this Agreement. This includes making all reasonable efforts to fulfill obligations, resolve disputes, and ensure the successful completion of the Agreement.
Pledge to prioritize safety clause
This variation applies when a party pledges to prioritize safety.
[Party Name] pledges to prioritize the safety of its employees and all parties involved in the execution of this Agreement. [Party Name] will implement all necessary safety protocols, comply with safety regulations, and promptly address any safety concerns.
Pledge to maintain professional conduct clause
This variation applies when a party pledges to maintain professionalism.
[Party Name] pledges to maintain professional conduct and demeanor while performing its duties under this Agreement. This includes treating all individuals with respect, adhering to ethical standards, and behaving in a manner that reflects positively on the company.
Pledge to achieve specified performance metrics clause
This variation applies when a party pledges to meet specified performance metrics.
[Party Name] pledges to meet the performance metrics outlined in this Agreement, including [specific goals]. Failure to meet these metrics will result in [penalty, remediation steps, or additional support to achieve the goals].
Pledge to ensure compliance with health and safety regulations clause
This variation applies when a party pledges to comply with health and safety regulations.
[Party Name] pledges to comply with all relevant health and safety regulations while performing duties under this Agreement. This includes providing a safe working environment and taking necessary precautions to minimize risks associated with [specific tasks].
Pledge to support diversity and inclusion clause
This variation applies when a party pledges to support diversity and inclusion.
[Party Name] pledges to actively support and promote diversity and inclusion within the workplace and across all activities under this Agreement. This includes fostering an inclusive environment, recruiting from diverse backgrounds, and implementing initiatives that promote equity.
Pledge to act within budget clause
This variation applies when a party pledges to act within the agreed budget.
[Party Name] pledges to adhere to the budget outlined in this Agreement, including not exceeding the agreed-upon costs for services, materials, or other expenses. Any necessary adjustments to the budget will be discussed and agreed upon by both parties in advance.
Pledge to deliver products or services within quality standards clause
This variation applies when a party pledges to deliver products or services that meet certain quality standards.
[Party Name] pledges to deliver all products and services under this Agreement in accordance with the quality standards defined by both parties. If the products or services fail to meet these standards, [Party Name] agrees to rectify the issue at no additional cost to [other party].
Pledge to maintain a positive relationship clause
This variation applies when a party pledges to maintain a positive working relationship.
[Party Name] pledges to maintain a positive and collaborative relationship with [other party] throughout the duration of this Agreement. This includes clear communication, respectful interactions, and a willingness to resolve conflicts amicably.
Pledge to provide timely communication clause
This variation applies when a party pledges to provide timely communication.
[Party Name] pledges to provide timely communication to [other party] regarding any issues, delays, or changes related to the execution of this Agreement. All communication will be clear, direct, and provided within [X] days of becoming aware of any relevant information.
Pledge to protect intellectual property clause
This variation applies when a party pledges to protect intellectual property.
[Party Name] pledges to respect and protect all intellectual property rights related to this Agreement. This includes ensuring that any proprietary information, patents, trademarks, or copyrights are safeguarded and not used without proper authorization.
Pledge to remain transparent clause
This variation applies when a party pledges to remain transparent.
[Party Name] pledges to remain transparent and provide [other party] with all necessary information and documentation related to the execution of this Agreement. This includes updates on progress, challenges, and financial records, as needed.
Pledge to provide reasonable accommodations clause
This variation applies when a party pledges to provide reasonable accommodations.
[Party Name] pledges to provide reasonable accommodations for employees or contractors with disabilities, as required by law and as specified in this Agreement. Any requests for accommodations will be reviewed and addressed in a timely manner.
Pledge to resolve disputes through negotiation clause
This variation applies when a party pledges to resolve disputes through negotiation.
[Party Name] pledges to resolve any disputes that arise from this Agreement through good faith negotiation and, if necessary, mediation. The parties agree to work together to find mutually agreeable solutions before pursuing legal action.
Pledge to maintain accurate records clause
This variation applies when a party pledges to maintain accurate records.
[Party Name] pledges to maintain accurate and complete records related to this Agreement, including all financial records, communications, and documentation. These records will be made available for review upon request.
Pledge to provide regular updates clause
This variation applies when a party pledges to provide regular updates on progress.
[Party Name] pledges to provide regular updates on the progress of [specific deliverables] to [other party]. These updates will be provided on a [weekly/monthly] basis and will include details on any completed tasks, ongoing efforts, and any potential challenges.
Pledge to meet specific delivery timelines clause
This variation applies when a party pledges to meet specific delivery timelines.
[Party Name] pledges to meet the delivery timelines outlined in this Agreement. Any delays in meeting these timelines will be communicated promptly to [other party], and [Party Name] agrees to take all necessary actions to mitigate any impact on the project’s overall schedule.
Pledge to adhere to industry standards clause
This variation applies when a party pledges to adhere to specific industry standards.
[Party Name] pledges to adhere to all relevant industry standards and best practices in the performance of its obligations under this Agreement. This includes compliance with applicable regulations and guidelines specific to [industry or field].
Pledge to protect confidential information clause
This variation applies when a party pledges to protect confidential information.
[Party Name] pledges to protect all confidential information disclosed during the course of this Agreement and will not disclose it to any third party without prior written consent from [other party], unless required by law. This obligation will remain in effect for [X] years after the termination of the Agreement.
Pledge to complete work within budget clause
This variation applies when a party pledges to complete work within the agreed budget.
[Party Name] pledges to complete all work under this Agreement within the allocated budget, and any changes to the budget will require prior approval from [other party]. If the budget is exceeded, [Party Name] agrees to cover the additional costs unless otherwise agreed.
Pledge to honor warranties and guarantees clause
This variation applies when a party pledges to honor warranties or guarantees.
[Party Name] pledges to honor all warranties and guarantees provided under this Agreement, including [specific products/services]. If the products or services fail to meet the agreed standards, [Party Name] agrees to remedy the issue at no additional cost to [other party].
Pledge of non-competition during the term of the Agreement clause
This variation applies when a party pledges not to engage in competition during the Agreement.
[Party Name] pledges not to engage in any business that directly competes with [other party] during the term of this Agreement. Any breach of this pledge will result in immediate termination of this Agreement, and [Party Name] will be liable for any damages caused.
Pledge to prioritize customer satisfaction clause
This variation applies when a party pledges to prioritize customer satisfaction.
[Party Name] pledges to prioritize customer satisfaction by providing high-quality products/services, addressing customer concerns promptly, and ensuring that customer needs are met throughout the term of this Agreement.
Pledge to maintain accurate financial records clause
This variation applies when a party pledges to maintain accurate financial records.
[Party Name] pledges to maintain accurate financial records related to this Agreement, including invoices, receipts, and financial statements. These records will be made available to [other party] upon request for auditing purposes.
Pledge to offer ongoing support clause
This variation applies when a party pledges to offer ongoing support.
[Party Name] pledges to provide ongoing support to [other party] throughout the term of this Agreement. This includes responding to inquiries, addressing issues as they arise, and providing assistance with any product or service-related challenges.
Pledge to mitigate environmental impact clause
This variation applies when a party pledges to mitigate environmental impact.
[Party Name] pledges to take all reasonable steps to mitigate the environmental impact of its operations under this Agreement. This includes reducing waste, minimizing energy consumption, and adhering to relevant environmental regulations.
Pledge to meet ethical sourcing standards clause
This variation applies when a party pledges to meet ethical sourcing standards.
[Party Name] pledges to ensure that all products and materials sourced for the execution of this Agreement meet ethical sourcing standards, including fair labor practices and environmentally sustainable methods. [Party Name] agrees to provide documentation confirming compliance.
Pledge to maintain high-level security measures clause
This variation applies when a party pledges to maintain high-level security measures.
[Party Name] pledges to implement and maintain high-level security measures to protect the data and information involved in this Agreement. These measures include encryption, firewalls, access controls, and regular security audits to ensure the integrity of all data.
Pledge to act promptly in case of emergencies clause
This variation applies when a party pledges to act promptly in emergencies.
[Party Name] pledges to act promptly in the event of an emergency related to the performance of this Agreement. This includes taking immediate corrective actions to mitigate the impact of any disruptions and keeping [other party] informed of the situation.
Pledge to provide regular project updates clause
This variation applies when a party pledges to provide regular project updates.
[Party Name] pledges to provide [other party] with regular updates on the progress of the project, including completed milestones, ongoing tasks, and any issues that may arise. Updates will be provided on a [weekly/monthly] basis as outlined in the Agreement.
Pledge to provide feedback on deliverables clause
This variation applies when a party pledges to provide feedback on deliverables.
[Party Name] pledges to provide timely and constructive feedback on any deliverables provided under this Agreement. Feedback will be given within [X] days of receipt and will include suggestions for improvement, if applicable.
Pledge to fulfill performance obligations clause
This variation applies when a party pledges to fulfill specific performance obligations.
[Party Name] pledges to fulfill all performance obligations outlined in this Agreement, including the completion of [specific tasks or services]. Failure to meet these obligations will result in [penalty or corrective action].
Pledge to maintain insurance coverage clause
This variation applies when a party pledges to maintain insurance coverage.
[Party Name] pledges to maintain appropriate insurance coverage throughout the term of this Agreement, including liability insurance, property insurance, and workers' compensation insurance. Proof of insurance will be provided to [other party] upon request.
Pledge to respect intellectual property rights clause
This variation applies when a party pledges to respect intellectual property rights.
[Party Name] pledges to respect the intellectual property rights of [other party] and third parties, including patents, trademarks, copyrights, and trade secrets. The party agrees not to use any intellectual property in violation of applicable laws or this Agreement.
Pledge to resolve disputes amicably clause
This variation applies when a party pledges to resolve disputes amicably.
[Party Name] pledges to resolve any disputes arising from this Agreement through amicable negotiation and discussion. If a resolution cannot be reached through direct negotiation, the parties agree to pursue mediation or alternative dispute resolution methods.
Pledge to honor customer commitments clause
This variation applies when a party pledges to honor customer commitments.
[Party Name] pledges to honor all customer commitments, including delivery deadlines, quality standards, and service guarantees, as outlined in this Agreement. Any failure to meet these commitments will be addressed promptly to avoid customer dissatisfaction.
Pledge to respect privacy rights clause
This variation applies when a party pledges to respect privacy rights.
[Party Name] pledges to respect the privacy rights of individuals whose data is collected, processed, or stored as part of this Agreement. The party agrees to comply with all applicable privacy laws, including [specific regulations or laws].
Pledge to prevent conflicts of interest clause
This variation applies when a party pledges to prevent conflicts of interest.
[Party Name] pledges to avoid any conflicts of interest that may arise during the execution of this Agreement. The party agrees to disclose any potential conflicts and take steps to address them to ensure impartiality and fairness throughout the term of the Agreement.
Pledge to provide transparent pricing clause
This variation applies when a party pledges to provide transparent pricing.
[Party Name] pledges to provide transparent and detailed pricing for all products and services offered under this Agreement. All pricing information, including any additional charges or fees, will be disclosed upfront and clearly communicated to [other party].
Pledge to meet contractual deadlines clause
This variation applies when a party pledges to meet contractual deadlines.
[Party Name] pledges to meet all contractual deadlines outlined in this Agreement. The party will notify [other party] promptly if any delay is expected and will take appropriate measures to minimize any impact on the project schedule.
Pledge to act within ethical boundaries clause
This variation applies when a party pledges to act within ethical boundaries.
[Party Name] pledges to conduct all activities under this Agreement in accordance with ethical principles, ensuring fairness, transparency, and integrity in all dealings. Any breach of these ethical boundaries will result in immediate termination of this Agreement and potential legal action.
Pledge to provide timely invoicing clause
This variation applies when a party pledges to provide timely invoicing.
[Party Name] pledges to issue accurate and timely invoices for all products and services provided under this Agreement. Invoices will be issued on a [monthly/quarterly] basis and will be due within [X] days of receipt. Late payments will incur a [X]% fee per month.
Pledge to comply with anti-corruption laws clause
This variation applies when a party pledges to comply with anti-corruption laws.
[Party Name] pledges to comply with all applicable anti-corruption laws and regulations during the execution of this Agreement. The party agrees not to engage in bribery, kickbacks, or any illegal payments in connection with the performance of this Agreement.
Pledge to adhere to data protection laws clause
This variation applies when a party pledges to adhere to data protection laws.
[Party Name] pledges to comply with all data protection laws and regulations relevant to this Agreement, including [specific law/regulation]. [Party Name] agrees to implement appropriate measures to protect the personal data of individuals involved, and failure to comply will result in immediate corrective action.
Pledge to safeguard trade secrets clause
This variation applies when a party pledges to safeguard trade secrets.
[Party Name] pledges to safeguard all trade secrets and proprietary information obtained during the course of this Agreement. The party agrees not to disclose or use such information for any purposes other than those outlined in this Agreement.
Pledge to maintain regular contact clause
This variation applies when a party pledges to maintain regular communication.
[Party Name] pledges to maintain regular contact with [other party] throughout the term of this Agreement. Updates on project status, changes in scope, or any potential issues will be communicated in a timely manner via [email/phone meetings].
Pledge to uphold transparency in financial transactions clause
This variation applies when a party pledges to maintain transparency in financial transactions.
[Party Name] pledges to maintain transparency in all financial transactions under this Agreement. Detailed records of payments, receipts, and financial exchanges will be made available to [other party] upon request.
Pledge to honor service guarantees clause
This variation applies when a party pledges to honor service guarantees.
[Party Name] pledges to honor any service guarantees outlined in this Agreement. If the services provided do not meet the agreed-upon standards or fail to deliver expected results, [Party Name] agrees to remedy the situation at no additional cost to [other party].
Pledge to ensure compliance with environmental policies clause
This variation applies when a party pledges to comply with environmental policies.
[Party Name] pledges to comply with [Company Name]’s environmental policies, including minimizing waste, reducing energy consumption, and following sustainable practices throughout the term of this Agreement.
Pledge to prevent fraud clause
This variation applies when a party pledges to prevent fraud.
[Party Name] pledges to take all necessary steps to prevent fraudulent activities in connection with the performance of this Agreement. This includes implementing checks, audits, and safeguards to detect and prevent fraud.
Pledge to provide regular progress reports clause
This variation applies when a party pledges to provide progress reports.
[Party Name] pledges to provide regular progress reports on the status of work performed under this Agreement. Reports will include a summary of completed tasks, upcoming milestones, and any challenges faced, and will be submitted [weekly/monthly].
Pledge to protect consumer interests clause
This variation applies when a party pledges to protect consumer interests.
[Party Name] pledges to act in the best interest of consumers, ensuring that all products or services offered comply with relevant laws and provide value. Any consumer complaints will be addressed promptly and resolved to the satisfaction of the consumer.
Pledge to ensure service continuity clause
This variation applies when a party pledges to ensure service continuity.
[Party Name] pledges to ensure the continuity of service delivery under this Agreement. In the event of any disruptions, [Party Name] will take immediate corrective actions to minimize downtime and keep [other party] informed of progress.
Pledge to uphold human rights standards clause
This variation applies when a party pledges to uphold human rights standards.
[Party Name] pledges to uphold international human rights standards and ensure that no part of this Agreement violates the rights of individuals or communities. This includes ensuring ethical labor practices and avoiding exploitation.
Pledge to offer customized solutions clause
This variation applies when a party pledges to offer tailored solutions.
[Party Name] pledges to provide customized solutions based on the specific needs of [other party]. These solutions will be developed in collaboration with [other party] and tailored to meet agreed-upon objectives.
Pledge to maintain quality assurance procedures clause
This variation applies when a party pledges to maintain quality assurance procedures.
[Party Name] pledges to maintain strict quality assurance procedures throughout the execution of this Agreement. All products and services delivered will be subject to quality checks, and [Party Name] will ensure they meet the established quality standards.
Pledge to maintain a healthy work environment clause
This variation applies when a party pledges to ensure a healthy work environment.
[Party Name] pledges to maintain a healthy and safe work environment throughout the term of this Agreement. The party will adhere to all relevant health and safety regulations and ensure that employees and contractors are provided with proper protective equipment and training.
Pledge to implement effective risk management strategies clause
This variation applies when a party pledges to implement risk management strategies.
[Party Name] pledges to implement effective risk management strategies in the performance of this Agreement. This includes identifying potential risks, developing mitigation plans, and taking proactive measures to avoid or minimize negative impacts on the project.
Pledge to ensure customer service satisfaction clause
This variation applies when a party pledges to ensure customer satisfaction.
[Party Name] pledges to ensure high levels of customer service satisfaction throughout the term of this Agreement. This includes responding to inquiries promptly, addressing customer concerns in a timely manner, and ensuring that all customer needs are met.
Pledge to engage in fair competition clause
This variation applies when a party pledges to engage in fair competition.
[Party Name] pledges to engage in fair and lawful competition throughout the term of this Agreement. [Party Name] agrees not to engage in unfair trade practices, including price-fixing, deceptive marketing, or any activities that harm the integrity of the marketplace.
Pledge to cooperate with audits clause
This variation applies when a party pledges to cooperate with audits.
[Party Name] pledges to fully cooperate with audits conducted by [other party] or any authorized third parties to verify compliance with the terms of this Agreement. This includes providing necessary records, documents, and access to facilities as requested.
Pledge to ensure proper documentation clause
This variation applies when a party pledges to maintain proper documentation.
[Party Name] pledges to maintain proper documentation throughout the term of this Agreement. This includes keeping accurate records of all financial transactions, communications, and project milestones, which will be made available to [other party] upon request.
Pledge to honor contract renewal terms clause
This variation applies when a party pledges to honor contract renewal terms.
[Party Name] pledges to honor the terms and conditions of contract renewal as specified in this Agreement. If either party wishes to renew the Agreement, they must notify the other party within the specified notice period and agree on any updated terms.
Pledge to provide periodic system updates clause
This variation applies when a party pledges to provide system updates.
[Party Name] pledges to provide periodic system updates as necessary to improve the functionality and security of the services offered under this Agreement. Updates will be provided on a [monthly/quarterly] basis and will include enhancements and bug fixes.
Pledge to comply with all applicable regulations clause
This variation applies when a party pledges to comply with regulations.
[Party Name] pledges to comply with all applicable local, state, and federal regulations in the performance of this Agreement. Any changes in regulations will be immediately addressed, and corrective actions will be taken to ensure continued compliance.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.