The Owing Party assures and guarantees that this agreement and its payment plan were drawn up so that the Owing Party reasonably believes it can pay the Owed Party without further interruption, despite a further change in circumstances. Finally, at the end of the agreement, you want to add a disclaimer that repeats that the original lease conditions are still fully in force. This document can be considered a complement to the original rental. The terms and conditions here do not replace or alter the original lease. Ultimately, it`s usually your decision to decide whether you accept a staggered payment plan to collect late rent while the tenant stays in your property. In many deportation cases, it takes months or years to be confiscated if the money is ever seen. This is because employees in key positions who have access to confidential information, such as a company`s business secrets, can inevitably be acquired by employees. In cases where the employee resigns, he or she somehow takes away the confidential information. A problem arises when a competitor can hire the employee and obtain the worker`s classified information, including the former employer`s clients and clients, giving the employee a lesser advantage. Another consideration may be that the employee can start his own business, which may lead him to compete with the former employer, including the theft of customers who offer them a better offer, to the detriment of the former employer. A non-complete clause or agreement is a clause or agreement by which a party, usually a worker, refuses to create or create a similar business that could run against the employer and helps protect the employer from such incidents.
This simple PDF competition exemption agreement guarantees any problems that may arise in the above cases. Use this PDF for non-competitive chords and modify it to suit your preferences and conflicts. Payment is made in preference to the CREDITOR in accordance with the mode indicated in the payment plan, but in all cases, the DEBTOR can choose its payment method as it sees fit. In our standard document, we take up space for the following payment information: WHEREAS, the Owing Party and the Owed Party want to reach an agreement whereby the Owing party will pay the sum of the default on a payment plan in accordance with the terms of this document. If you are sure you have chosen quality tenants and simply give them a second chance to prove themselves, setting up a payment contract can be a less risky way to do so. While you end up at the end for evacuation anyway, this is not a bad way to allow the tenant extra time to make up for payments.
