Confirmation Agreement
Form reviewed by Bahman Eslamboly, Attorney at FindLegalForms
This Confirmation of Agreement sets forth that an agreement will remain in full force and effect even if one of the parties is purchased by another entity. This agreement contains all relevant terms including the representations and warranties by the parties.
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This Confirmation of Agreement includes the following:
- Parties: Names of the original parties to the agreement and the buyer who is purchasing the original corporation who extended the agreement;
- Existing Agreement: Sets out the date and a brief description of the nature of the agreement;
- Representations and Warranties: Detailed list of representations made by the existing parties to the agreement;
- Confirmation of Agreement: Confirms that both the buyer and third party intend that the agreement remain legally binding;
- Signatures: All parties must sign this confirmation in the presence of witnesses.
Protect yourself and your rights by using our attorney-prepared forms.
This attorney-prepared packet contains:
- General Instructions
- Confirmation of Agreement
Confirmation Agreement
Product Details
| Product | Confirmation Agreement |
| Country | United States |
| Pages | 4 |
| Dimensions | Designed for Letter Size (8.5" x 11") |
| Printer compatibility | Designed to print on all ink-jet and laser printers |
| Editable | Yes (.doc, .wpd and .rtf) |
| Format |
Microsoft Word Adobe PDF WordPerfect Rich Text Format |
| Platform |
Windows Compatible Mac Compatible Linux Compatible |
| Availability | In Stock. Instant Download |
| Usage | Unlimited number of prints |
| Category | Confirmation, Change Orders, Certificates & Consents |
| Product number | #28492 |
| Download time | Less than 1 minute (approx.) |
| Document Access |
Via secret online address Email with download links Email with attachment upon request |
| Refund Policy | 60 days, no-questions asked, 100% money back guarantee |
Frequently Asked Questions
A Confirmation Agreement is a legal document that affirms the continuation of an existing agreement even if one of the parties involved is sold or acquired by another entity. It ensures that all parties are aware of and agree to the terms of the original contract.
This agreement is crucial for maintaining the validity of existing contracts during ownership changes. It protects the rights of all parties and helps prevent disputes by clearly outlining the terms of the original agreement.
All parties involved in the original agreement, including the buyer and any third parties, must sign the Confirmation Agreement. Signatures should be obtained in the presence of witnesses to ensure legal validity.
Yes, a Confirmation Agreement can be modified if all parties agree to the changes. However, any modifications should be documented in writing to maintain clarity and enforceability.
Without a Confirmation Agreement, there may be ambiguity regarding the validity of existing contracts after a sale. This could lead to disputes, misunderstandings, or even litigation, which could have been avoided with proper documentation.
Is This Form Right For You?
Use This Form If:
- Individuals who are involved in a merger or acquisition may require a Confirmation Agreement to ensure that the existing contractual obligations remain intact despite the change in ownership. This document serves to protect the rights of all parties involved by clearly outlining the terms of the original agreement.
- Situations requiring clarity in contractual obligations often arise when one party is acquired by another. A Confirmation Agreement can help prevent misunderstandings by explicitly stating that the original agreement continues to be valid and enforceable.
- For those entering into a business transaction where one party is being sold, this form is essential. It not only confirms the continuation of existing agreements but also details the representations and warranties made by the parties, which can be critical in case of future disputes.
- Companies looking to safeguard their interests during a corporate acquisition should utilize a Confirmation Agreement. This document ensures that all parties acknowledge and agree to the terms of the original agreement, thus minimizing the risk of litigation.
- In the event of a disagreement regarding the validity of an existing contract after a sale, having a written Confirmation Agreement can be invaluable. It serves as a legal safeguard, providing clear evidence of the parties' intentions and agreements.
Do Not Use If:
- – This form is not appropriate in situations where the original agreement is being terminated or replaced. In such cases, a new contract should be drafted to reflect the new terms and conditions.
- – If the parties involved do not agree on the terms of the existing agreement, a Confirmation Agreement will not resolve the underlying disputes. It is essential to reach a consensus before using this form.
- – In cases where the transaction does not involve the sale of a business or entity, a Confirmation Agreement is unnecessary. This form is specifically designed for situations involving ownership changes.
- – For individuals or businesses that are not legally bound by the original agreement, this form is not applicable. Only parties with existing legal obligations should utilize a Confirmation Agreement.
- – If the parties have already executed a new agreement that supersedes the original, a Confirmation Agreement would be redundant and should not be used.
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