Document Type: DOCX
Number of Pages: 4
An Office Sharing Agreement is a legal contract between two or more parties where one party (the Licensor) grants the other (the Licensee) the right to use part of an office space without creating a landlord-tenant relationship.Purpose of an Office Sharing AgreementThe main purposes are to:1. Clarify rights and obligations2. Prevent disputes3 Determine who pays for rent, utilities, internet, cleaning, etc.4. Protect confidentiality and property - safeguard each party’s business information and assets.5. Provide legal enforceability – so that in case of default or misuse, remedies are available.Key Components of an Office Sharing Agreement (Kenya)1. Parties to the Agreement2. Purpose / Recitals3. Grant of Licence4. Term (Duration)5. Sharing Fee & Payment6. Use of Premises7. Shared Facilities8. Utilities and Services9. Insurance & Liability10. Compliance11. Confidentiality12. Default & Remedies13. Termination14. Return of Premises15. Dispute Resolution16. Governing Law17. Signatures & Witnesses
Below is the document preview. Buy to get the document sent.
This is the end of this document preview. Buy to get the document sent.
Share this with your network: