COUNTERPARTS
Other Names: Execution in Counterparts • Counterpart Signatures • Counterpart Originals
Sample Clause Language:
This Agreement may be executed in several counterparts, each of which shall be deemed to be an original but all of which together will constitute one and the same instrument.
Source: Prologis, L.P. (2019, May 3). Form 8-K. Retrieved from SEC EDGAR website http://www.sec.gov/edgar.shtml
Description:
Counterpart clauses state that the parties may sign separate copies of the agreement, each copy being a “counterpart”. The sample clause here is a short-form version that does not include any mention of electronic or hard copies.
Common Contracts with this Clause:
- All Commercial Agreements
What you'll see with Lawgood:
Four (4) Alternative Positions
- Short-Form
- Electronic Copies
- Electronic + Hard Copies
- Chattel Under UCC
Draft better contracts with Lawgood.