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  What is a Sample Resolution Agreement?

  A Sample Resolution Agreement is a formal agreement between two parties to resolve a dispute without going to court. It is also known as an Alternative Dispute Resolution Agreement (ADR). The agreement outlines the steps each party will take to reach a resolution, and the consequences that will happen if the agreement is breached.

  What are the Benefits of A Sample Resolution Agreement?

  A Sample Resolution Agreement can provide a quicker and more cost-effective way to resolve disputes without going to court. It can also help to maintain a positive relationship between the parties involved. The agreement also helps to protect the rights of both parties, and provides a legal basis for enforcement of any terms agreed upon.

  What Should Be Included in A Sample Resolution Agreement?

  A Sample Resolution Agreement should include the following:

  • A description of the dispute
  • A statement of each party’s interests
  • The terms of the agreement
  • Agreed upon consequences for breach of the agreement
  • Signatures and contact information of both parties

  Sample Resolution Agreement Examples

  Example 1

  This Sample Resolution Agreement is between [Party 1] and [Party 2] to resolve a dispute regarding [dispute]. The parties agree as follows:

  • Party 1 will [term 1].
  • Party 2 will [term 2].
  • The parties agree that the consequences for breach of this agreement are [consequences].
  • This agreement is effective as of [date].

  Example 2

  This Sample Resolution Agreement is between [Party 1] and [Party 2] to resolve a dispute regarding [dispute]. The parties agree as follows:

  • Party 1 will pay [amount] to Party 2.
  • Party 2 will forgive outstanding debt owed by Party 1.
  • The parties agree that the consequences for breach of this agreement are [consequences].
  • This agreement is effective as of [date].

  Example 3

  This Sample Resolution Agreement is between [Party 1] and [Party 2] to resolve a dispute regarding [dispute]. The parties agree as follows:

  • Party 1 will make [payment] to Party 2.
  • Party 2 will cease all communication with Party 1.
  • The parties agree that the consequences for breach of this agreement are [consequences].
  • This agreement is effective as of [date].

  Conclusion

  A Sample Resolution Agreement is a formal agreement between two parties to resolve a dispute without going to court. It can provide a quicker and more cost-effective way to resolve disputes, and help to protect the rights of both parties. The agreement should include a description of the dispute, a statement of each party’s interests, the terms of the agreement, agreed upon consequences for breach of the agreement, and signatures and contact information of both parties.