INFORMAL AGREEMENT BETWEEN [Name 1] AND [Name 2]
This is an informal agreement between [Name 1] and [Name 2] to outline the terms of the exchange of goods, services and/or money (“Exchange”).
[Date]
1. [Name 1] will provide [detailed description of goods, services or money to be provided by Name 1].
2. [Name 2] will provide [detailed description of goods, services or money to be provided by Name 2].
3. [Name 1] and [Name 2] agree that performance of the Exchange will begin on [date], and will be completed on or before [date/time].
4. Both parties agree that all goods, services and/or money exchanged are accepted in “as-is” condition, without warranty.
5. Both parties agree that this is not a binding contract; all transactions are on a “good faith” basis only.
6. [Name 1] and [Name 2] agree to adhere to any additional terms the other party requires of them.
7. The parties agree that this agreement is not a legally binding document, but an informal exchange of terms and conditions between the parties.
[Signature 1] _____________________[Name 1]
[Signature 2] _____________________[Name 2]
