Privacy Ninja



        • Secure your network against various threat points. VA starts at only S$1,000, while VAPT starts at S$4,000. With Price Beat Guarantee!

        • API Penetration Testing
        • Enhance your digital security posture with our approach that identifies and addresses vulnerabilities within your API framework, ensuring robust protection against cyber threats targeting your digital interfaces.

        • On-Prem & Cloud Network Penetration Testing
        • Boost your network’s resilience with our assessment that uncovers security gaps, so you can strengthen your defences against sophisticated cyber threats targeting your network

        • Web Penetration Testing
        • Fortify your web presence with our specialised web app penetration testing service, designed to uncover and address vulnerabilities, ensuring your website stands resilient against online threats

        • Mobile Penetration Testing
        • Strengthen your mobile ecosystem’s resilience with our in-depth penetration testing service. From applications to underlying systems, we meticulously probe for vulnerabilities

        • Cyber Hygiene Training
        • Empower your team with essential cybersecurity knowledge, covering the latest vulnerabilities, best practices, and proactive defence strategies

        • Thick Client Penetration Testing
        • Elevate your application’s security with our thorough thick client penetration testing service. From standalone desktop applications to complex client-server systems, we meticulously probe for vulnerabilities to fortify your software against potential cyber threats.

        • Source Code Review
        • Ensure the integrity and security of your codebase with our comprehensive service, meticulously analysing code quality, identifying vulnerabilities, and optimising performance for various types of applications, scripts, plugins, and more

        • Email Spoofing Prevention
        • Check if your organisation’s email is vulnerable to hackers and put a stop to it. Receive your free test today!

        • Email Phishing Excercise
        • Strengthen your defense against email threats via simulated attacks that test and educate your team on spotting malicious emails, reducing breach risks and boosting security.

        • Cyber Essentials Bundle
        • Equip your organisation with essential cyber protection through our packages, featuring quarterly breached accounts monitoring, email phishing campaigns, cyber hygiene training, and more. LAUNCHING SOON.

5 Common Sections in an Agreement Form Example

5 Common Sections in an Agreement Form Example

agreement form example
An agreement form example looks very much similar to a contract form example, but there are certain differences to its purpose that you should know.

Whatchamacallit: Agreement or Contract?

The terms ‘agreement’ and ‘contract’ are often used interchangeably, but if we look at both words through legal-coloured glasses, they are not quite the same.

So before we dive into the 5 common sections in an agreement form example, we must get some basic definitions right, and understand the differences between an agreement and a contract.

A letter of agreement form is a document used to explain the terms and conditions of a relationship. It has to be noted that an agreement can be informal and often unwritten. Its written version cannot always be enforced in court through legal prosecution because it lacks the elements of a contract. In order to be legally binding, a letter of agreement should contain the signatures of both parties, plus that of a witness.

A contract form, on the other hand, may also contain the terms and conditions, but is a specific kind of agreement with terms and conditions that are legally binding, say, an exchange of goods or services for consideration (oftentimes involving money). In this scenario, the parties can be sued for failure to meet the commitments stipulated in the contract.

Also Read: 10 Tips For Drafting Key Terms In A Service Agreement

When is it Okay to Use an Agreement Instead of a Contract?

An informal agreement form example is all right to use in cases wherein you might know and trust the other party. Informal agreements are also good when getting a contract is not worth the hassle.

For example, you’re unlikely to need a contract to let your friend stay over at your place during the weekend in exchange for pantry refill of groceries.

While it serves a variety of purposes, a letter of agreement’s most common use is to utilise it as written proof that the parties agree into the specifically outlined agreement. It may also be used to confirm the employer-employee relationship between the parties while also outlining the duties of each party.

agreement form example
A letter of agreement form example may not be legally binding all the time, but it is for your peace of mind.

How is a Letter of Agreement Form Example Drafted?

Bear in mind that the person making the offer should create the letter of agreement form. It is generally short, only about a page long. However, depending on the type of agreement being entered into, this agreement form can also be turned into a Memorandum of Understanding (MOU).

An MOU is already much longer and more closely mirrors a formal contract. Again, this really depends on the complexity of the offer and includes the main points of the offer using clear language.

After the letter of agreement form or MOU is drafted, the offeror signs the document and sends it to the offeree. The agreement of MOU is subject to edits and changes until both parties can settle on the terms and the offeror will finally sign and date the agreed terms. The offeree can then proceed to sign and date the letter, indicating their acceptance of the letter of agreement form.

The 5 Common Sections in an Agreement Form Example

A standard letter of agreement form contains 5 common sections:

1. Opening Section

The opening section states the purpose of the letter of agreement. This section should not be long. The recommended length is 1 to 2 sentences.

2. Services Rendered

Be specific in describing what each party commits to do for the other, without including the compensation part.

3. Fee and Additional Costs

As what the name suggests, this is the section where you state the amount of compensation the company will provide to the offeree.

4. Timeline

Expectations and commitment to timeline should be clarified in this section.

5. Payment Terms

This section details the basis on which the referee will receive the payment. Is it 50-50? Is it only after the project has been completed? Terms should be clearly defined in order to avoid misunderstanding down the road.

Also Read: Contract for Service Template: 5 Important Sections

The letter of agreement form has its uses. However, bear in mind that it’s not always legally binding. Learn when you can use an agreement form example. Yes, there are different types of agreement forms out there! In this manner, you won’t find yourself in hot water along the way.



Subscribe to our mailing list to get free tips on Data Protection and Data Privacy updates weekly!

Personal Data Protection


We have assisted numerous companies to prepare proper and accurate reports to PDPC to minimise financial penalties.


Click one of our contacts below to chat on WhatsApp

× Chat with us