You can use this kind of agreement in many areas such as personal, romantic, or even business relationships. A Relationship Agreement is a formal or informal agreement between two individuals that outlines what the conditions are, under what terms are they agreed on, and by whom is it entered into. The key components of a Relationship Agreement typically include:
Parties Involved: The agreement should have the names and contact information of persons or organizations coming into it.
Purpose and Scope: A vivid explanation of the kind and intention of the association including certain aims, anticipations, and restrictions.
Duration: The phrase that specifies how long a contract will remain in effect, that is, if it will continue for a specific time and then terminate thereafter if there is an option to extend it after the expiration date, or if it remains valid indefinitely.
Roles and Responsibilities: An in-depth analysis of the tasks, obligations, and accountabilities that each concerned group must fulfill in the association.
Communication: A set of instructions that indicates how the parties will be able to make contacts like preferred methods, frequency, and what is expected in return for your communication.
Conflict Resolution: Processes of dispute resolutions or disjunctions that could occur during a relationship which can include any meditation process or an arbitration process.
Confidentiality: Agreements made between the parties are in place to protect any sensitive or confidential information from being made known to the public, inclusive of non-disclosure agreements.
Termination Conditions: Termination clauses of party notices, including the notice period and consequences of termination.
Financial Arrangements: Any financial commitments or arrangements between the parties such as shared expenses, contributions, or compensation.
Boundaries and Personal Space: This may involve agreements on personal freedom, times when people are apart from each other, and lines that should not be crossed for both parties to respect each other.
Amendments: Guidelines for modifying or revising the agreement and specifying how fresh agreements will be discussed and recorded.
Signatures: Both parties are required to append their signatures in agreement to all terms outlined in the contract.
It is helpful to create an agreement on relationships that can guide both parties on their duties and expectations, thereby avoiding confusion and disputes. The agreement may either be formal or informal but needs to be customized in line with relationships and contexts.
Here are previews and download links for these free templates in MS Word format.
