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References

Statutes, model forms, and commentary cited for each agreement type below.

Confidentiality

  • Mutual Non-Disclosure Agreement (Mutual NDA): A bilateral confidentiality agreement (also called a mutual or two-way NDA) where each party is both discloser and recipient. Use it before partnership talks, diligence, joint ventures, or vendor evaluations to protect trade secrets, pricing, product roadmaps, and other proprietary information exchanged both ways.

    Sources: Cornell LII: Non-disclosure agreement (NDA); Cornell LII: Trade secret

  • One-way Non-Disclosure Agreement (One-way NDA): A unilateral confidentiality agreement where only one party discloses sensitive information and the receiving party must keep it secret and use it only for an agreed purpose. Common for investor or customer pitches, contractor or vendor access, supplier RFPs, and one-directional product evaluations. Choose who is the discloser, then set purpose, definition breadth, term, survival, and optional clauses such as return of materials or affiliate access.

    Sources: Cornell LII: Non-disclosure agreement (NDA); Cornell LII: Trade secret

Commercial

  • Master Service Agreement (MSA): A master service agreement establishes the overarching legal framework for an ongoing customer and service-provider relationship: liability, intellectual property, confidentiality, payment mechanics, warranties, indemnity, termination, and dispute resolution. Future projects then attach as statements of work or order forms without renegotiating the full boilerplate each time.

    Sources: Nolo: What is a master service agreement?

  • Statement of Work (SOW): A statement of work is the project-specific companion to an MSA. It defines scope of work, deliverables, acceptance criteria, milestones, timeline, fees, and responsibilities for a single engagement so commercial details stay clear while the MSA holds the standing legal terms.

    Sources: Nolo: Master service agreements and SOWs

  • Services Agreement (SA): A services agreement (professional services contract) sets the commercial and legal terms for delivering consulting, creative, technical, or other business services in a single engagement: scope, fees, timelines, IP ownership, confidentiality, warranties, and termination when a full MSA and SOW stack is not needed.

    Sources: Nolo: Master service agreements overview

  • Order Form (OF): An order form (sometimes called a work order or ordering document) sits under an MSA to lock SKUs, quantities, pricing, subscription terms, start dates, and commercial options for a purchase. It speeds SaaS and services sales by keeping product and price details out of the master legal terms.

    Sources: Nolo: Master service agreements and related work orders

  • Pilot Agreement (Pilot): A pilot agreement (proof-of-concept or evaluation agreement) covers a time-boxed trial of a product or service before a full MSA or subscription. Typical terms include pilot scope, success criteria, limited licenses, data use, confidentiality, fees or fee waivers, and conversion to a production contract.

    Sources: Nolo: Framework contracting for multi-phase engagements

  • Purchase Agreement (Purchase): A purchase agreement records a sale of goods or assets: what is being sold, the price, closing mechanics, representations, and when title and risk transfer. Use it when an LOI has done its job and the parties are ready to make the transaction binding.

    Sources: Cornell LII: Sale; Cornell LII: Uniform Commercial Code

  • Consulting Agreement (Consulting): A consulting agreement is a services contract written for advisors: scope, fees, independence from employment, confidentiality, and who owns the advice or work product. Use it instead of a generic services agreement when the engagement is advisory rather than a full project stack.

    Sources: FAR Part 37: Service Contracting (Acquisition.gov); IRS: Independent contractor or employee?

  • Vendor Agreement (Vendor): A vendor agreement is the standing paper for procurement: what is supplied, pricing, delivery, warranties, and how either side can end the relationship. Use it for recurring vendor onboarding instead of rewriting a services agreement each time.

    Sources: Cornell LII: Contract; FAR Part 12: Acquisition of Commercial Products (Acquisition.gov)

  • SaaS Subscription Agreement (SaaS): A SaaS subscription agreement grants access to hosted software: subscription fees, authorized users, acceptable use, data handling, and renewal. Use it when you are selling or buying cloud software rather than a perpetual license or a services MSA.

    Sources: Cornell LII: Contract; NIST: Cloud computing synopsis (SP 800-146)

Privacy

Deal agreements

  • Letter of Intent (LOI): A letter of intent captures preliminary deal terms before a definitive purchase, investment, or commercial agreement. Core commercial terms are often non-binding, while confidentiality, exclusivity, and expense allocation are frequently binding so parties can diligence and negotiate without prematurely locking the full deal.

    Sources: Baker McKenzie: Preliminary documents (letters of intent)

  • Term Sheet (TS): A term sheet summarizes headline economics and legal points (valuation, price, governance, closing conditions, and key covenants) that will guide a definitive agreement. Like an LOI, it is usually mostly non-binding except for selected negotiation protections such as confidentiality and exclusivity.

    Sources: Baker McKenzie: Preliminary documents (term sheets and LOIs)

Workforce

Amendments

  • Contract Amendment (Amendment): A contract amendment (modification) updates an existing signed agreement: fee changes, renewals, scope expansions, party changes, or corrected terms. Written amendments keep the original contract intact while documenting what changed, when it takes effect, and which provisions remain in force.

    Sources: Cornell LII: Contract modification; Cornell LII: Amend

Partnerships

Intellectual property

Finance

Real estate

Attribution

Formable contract templates include language modified from Common Paper standard terms. The originals are free to use under Creative Commons Attribution 4.0 (CC BY 4.0). View the Common Paper standards and CC BY 4.0 license.

The partnership agreement is informed by the Uniform Partnership Act (1997) from the Uniform Law Commission, with background from Cornell Law School's Legal Information Institute. See the Uniform Partnership Act (1997) and Cornell LII on partnership.

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