Sample Office Sharing Agreement

Document Type: DOCX

Number of Pages: 4

Price: KES 250
    

Summary

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 Agreement

The main purposes are to:
1. Clarify rights and obligations
2. Prevent disputes
3 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 Agreement
2. Purpose / Recitals
3. Grant of Licence
4. Term (Duration)
5. Sharing Fee & Payment
6. Use of Premises
7. Shared Facilities
8. Utilities and Services
9. Insurance & Liability
10. Compliance
11. Confidentiality
12. Default & Remedies
13. Termination
14. Return of Premises
15. Dispute Resolution
16. Governing Law
17. Signatures & Witnesses

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Disclaimer: This document is not to be taken as legal advise.

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