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Legal FAST Agreement

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LEGAL FAST AGREEMENT

This LEGAL FAST AGREEMENT (the "Agreement") is made effective as of by and between Client Name: , Entity Type: , Principal Place of Business: ("Client"), and Provider Name: , Entity Type: , Principal Place of Business: ("Provider").

RECITALS

WHEREAS, Client seeks to obtain expedited legal facilitation, assignment, settlement, or transfer-related services described in this Agreement (collectively, the "FAST Services"); and

WHEREAS, Provider represents that it has the personnel, expertise, systems, and authority necessary to perform FAST Services in accordance with the schedule, confidentiality, and security obligations set forth herein; and

WHEREAS, the parties desire to set forth the terms and conditions under which Provider will render FAST Services to Client and the parties will allocate risk, responsibility, and compensation.

NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties agree as follows:

1. DEFINITIONS

1.1 "FAST Services" means the specific facilitation, assignment, settlement, transfer, or legal processing tasks described in Section 2 and in any work order executed pursuant to this Agreement.

1.2 "Deliverables" means the tangible or electronic documents, assignments, confirmations, or other outputs produced by Provider in connection with FAST Services.

1.3 "Confidential Information" means nonpublic information disclosed by either party that is designated as confidential or that reasonably should be understood to be confidential given its nature and the circumstances of disclosure.

2. SCOPE OF FAST SERVICES

2.1 Provider shall perform FAST Services described as follows:

2.2 Provider shall use commercially reasonable efforts to meet the schedule set forth in any work order. Time is of the essence only where expressly stated in a work order.

3. FEES, PAYMENT AND EXPENSES

3.1 As consideration for Provider's performance, Client shall pay Provider the fees specified in the applicable work order or, if no work order exists, as set out below:

Base Fee:    Expedited Premium (if applicable):

3.2 Provider shall invoice Client upon delivery of Deliverables or on the milestones set forth in the relevant work order. Invoices are due within days of receipt. Overdue amounts accrue interest at the lesser of 1.5% per month or the maximum lawful rate.

4. REPRESENTATIONS AND WARRANTIES

4.1 Each party represents and warrants that it has full corporate or individual power and authority to enter into this Agreement and to perform its obligations hereunder. Each party further represents that the execution and delivery of this Agreement and the performance of its obligations will not violate any other agreement or applicable law.

4.2 Provider warrants that FAST Services will be performed in a professional and workmanlike manner consistent with industry standards; provided, however, that Provider does not warrant the outcome of any legal proceeding or third-party action.

5. CONFIDENTIALITY

5.1 Each party shall maintain the confidentiality of Confidential Information and shall not disclose such information to any third party except as necessary to perform this Agreement or as required by law. A receiving party shall protect Confidential Information with at least the same degree of care it uses to protect its own confidential information, but in no event less than reasonable care.

5.2 Confidential Information does not include information that: (a) is or becomes publicly available other than by breach of this Agreement; (b) is independently developed by the receiving party without use of or reference to the disclosing party's Confidential Information; or (c) is rightfully received from a third party without restriction.

6. DATA SECURITY

6.1 Provider shall implement reasonable administrative, technical, and physical safeguards to protect Client data processed in connection with FAST Services. Provider shall notify Client promptly following discovery of any unauthorized access to Client Confidential Information and shall use commercially reasonable efforts to mitigate any resulting harm.

7. COMPLIANCE WITH LAWS

7.1 Each party shall comply with all applicable laws, rules, and regulations in performing its obligations under this Agreement, including those related to data privacy, anti-corruption, export controls, and sanctions.

8. LIMITATION OF LIABILITY

8.1 EXCEPT FOR LIABILITY ARISING FROM A PARTY'S GROSS NEGLIGENCE, WILLFUL MISCONDUCT, OR A BREACH OF CONFIDENTIALITY, NEITHER PARTY SHALL BE LIABLE FOR INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, OR PUNITIVE DAMAGES, INCLUDING LOST PROFITS, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

8.2 THE AGGREGATE LIABILITY OF PROVIDER FOR ANY CLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT SHALL NOT EXCEED THE TOTAL FEES PAID BY CLIENT TO PROVIDER UNDER THIS AGREEMENT DURING THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO THE CLAIM.

9. INDEMNIFICATION

9.1 Each party ("Indemnitor") shall indemnify, defend, and hold harmless the other party, its officers, directors, employees, and agents ("Indemnitee") from and against any third-party claims, liabilities, damages, and expenses (including reasonable attorneys' fees) resulting from Indemnitor's breach of this Agreement, willful misconduct, or negligence.

10. TERM AND TERMINATION

10.1 This Agreement shall commence on the Effective Date and shall continue for an initial term of months unless earlier terminated in accordance with this Section.

10.2 Either party may terminate this Agreement for material breach by the other party if such breach is not cured within days after written notice specifying the breach.

11. NOTICES

All notices under this Agreement shall be in writing and delivered to the addresses below by personal delivery, certified mail (return receipt requested), or overnight courier:

12. AMENDMENTS AND WAIVER

12.1 No amendment, modification, or waiver of any provision of this Agreement shall be effective unless it is in writing and signed by authorized representatives of both parties.

12.2 The failure of either party to enforce any provision of this Agreement shall not constitute a waiver of future enforcement of that or any other provision.

13. COUNTERPARTS; ELECTRONIC SIGNATURES

13.1 This Agreement may be executed in counterparts, each of which shall be an original and all of which together shall constitute one instrument. Signatures transmitted by electronic means (including PDF or facsimile) shall be deemed originals for all purposes.

14. GOVERNING LAW

14.1 This Agreement shall be governed by and construed in accordance with the laws of the state of , without regard to conflict of law principles.

15. ENTIRE AGREEMENT; SEVERABILITY

15.1 This Agreement, together with any work orders and schedules expressly incorporated herein, constitutes the entire agreement between the parties concerning the subject matter and supersedes all prior and contemporaneous agreements, understandings, and communications, whether written or oral.

15.2 If any provision of this Agreement is held invalid or unenforceable by a court of competent jurisdiction, that provision shall be reformed only to the extent necessary to make it enforceable, and the remaining provisions shall remain in full force and effect.

16. MISCELLANEOUS

16.1 Independent Contractors. The parties are independent contractors. Nothing in this Agreement creates a partnership, joint venture, employment, or agency relationship.

16.2 Assignment. Neither party may assign its rights or delegate its obligations under this Agreement without the prior written consent of the other party, except that either party may assign this Agreement in its entirety to an affiliate or in connection with a merger, sale of substantially all assets, or similar transaction.

16.3 Authority to Execute. Each individual signing this Agreement on behalf of a party represents and warrants that they are duly authorized to bind that party to the terms of this Agreement.

Client:

By:

Date:

Provider:

By:

Date:

Enter text✕

What the Legal FAST Agreement Is

The Legal FAST Agreement is a standardized contract template designed to record and enforce a specific legal arrangement quickly and consistently. It consolidates essential terms — parties, scope, consideration, effective date, term, termination, and basic dispute resolution — into a concise document intended for routine commercial or organizational transactions. When completed and signed electronically in compliance with U.S. e-signature law, the agreement is enforceable under the ESIGN Act (15 U.S.C. ch. 96) and state UETA statutes. The template supports either traditional notarization or remote online notarization where jurisdiction permits.

Why Use a Legal FAST Agreement

Use the Legal FAST Agreement to reduce drafting time, clarify obligations, and support enforceable electronic signing under ESIGN (15 U.S.C. ch. 96) and UETA. It centralizes essential terms while remaining adaptable to jurisdictional notarization or witness requirements.

Why Use a Legal FAST Agreement

Who Typically Prepares and Signs This Agreement

Finance, real estate, healthcare, and legal teams commonly use the Legal FAST Agreement for repeatable, low-complexity transactions requiring quick signing.

  • General counsel and in-house counsel using template for routine contract intake and approvals.
  • HR and recruiting teams for offer letters, contractor agreements, and onboarding paperwork.
  • Finance and procurement for purchase terms, service agreements, and vendor acknowledgements.

Choose signers and workflows to match internal approval steps; include notarization when required by state law.

Core Elements to Include in the Agreement

Primary sections of the Legal FAST Agreement show where to enter responsibilities, timelines, payment, termination, confidentiality, and dispute resolution for straightforward execution.

Parties

List each party by full legal name and entity type, include business addresses, and indicate the authorized signatory for each party, ensuring signer names match government IDs to avoid disputes about attribution or authority.

Recitals

Provide concise background facts that explain the transaction's purpose, reference related agreements or purchase orders, and avoid extensive narrative that could create ambiguity about operative contract terms.

Scope

Define services or goods precisely, include deliverables, milestones, acceptance criteria, and performance standards, and attach schedules or exhibits for technical specs or pricing to reduce later interpretation disputes.

Consideration

State currency amounts, payment schedule, invoicing instructions, taxes, and late payment consequences; specify whether expenses are reimbursable and require receipts to support claims for reimbursement.

Termination

Describe termination rights for convenience and cause, notice periods, cure periods, and post-termination obligations such as return of confidential information and final settlement of outstanding invoices.

Dispute Resolution

Identify governing law, venue, and whether disputes resolve via arbitration, mediation, or court litigation; include attorney fee provisions only if agreed and compliant with local rules.

Required Details and Document Metadata

Party Names: Full legal entity names and type
Addresses: Street, city, state, and ZIP code
Effective Date: Enter as MM/DD/YYYY
Consideration: Exact dollar amount or goods
Signatures: All parties must sign and date
Attachments: Exhibits, schedules, and addenda

Step-by-Step: Complete and Execute the Agreement

Follow these steps to complete and execute the Legal FAST Agreement accurately and efficiently online.

  • 01
    Prepare Document: Gather party details, exhibits, and payment terms.
  • 02
    Insert Fields: Add signature, date, and initial fields where required.
  • 03
    Choose Signers: Assign signer roles and authentication strength (email, SMS, or ID verification).
  • 04
    Execute: Send for signature, collect audit trail, and store executed copy.

Typical Electronic Signing Workflow

The typical e-signing flow shows where the Legal FAST Agreement moves from draft to final signed record with an audit trail.

  • Upload: Save document as PDF or DOCX before upload.
  • Tag Fields: Place required fields and validation rules.
  • Authenticate: Select signer verification method: email, SMS, or KBA.
  • Complete: Finalized record includes timestamp and audit trail.

Recommended Online Workflow Settings

Example online workflow settings for executing the Legal FAST Agreement and preserving audit evidence securely.

Field Configuration
Signing Order Set sequential or parallel signing to match approvals.
Authentication Level Choose email, SMS code, or ID verification per signer.
Reminders Enable automatic reminders at 3 and 7 days.
Storage Encrypt at rest and retain audit trail.

Platform Capabilities to Check Before eSigning

Ensure the signing platform supports required authentication, secure storage, and audit logging for the Legal FAST Agreement.

  • File Formats: PDF and DOCX accepted formats.
  • Integrations: Integrates with Salesforce, NetSuite, Microsoft 365.
  • Accessibility: WCAG 2.0 Level AA support.

Key Deadlines and Timing Considerations

Key deadlines connected to the Legal FAST Agreement include signature timing, notice periods, and record retention triggers.

Effective date and start of obligations:

Use MM/DD/YYYY; determines when performance begins and deadlines run.

Signature deadline after document delivery:

Set specific calendar date or number of days after sending.

Notice periods, cure time, and responses:

Define notice methods and cure periods to allow remediation.

Payment Due Dates and Invoices:

List invoice timing, late fee rates, and acceptable payment methods.

Record retention, access, and destruction schedule:

Retain executed copies per applicable law and internal policy.

Common Preparation Errors to Avoid

  • Using informal or abbreviated party names leads to signature attribution issues, delays in verification, and potential tax or contractual misidentification that can invalidate enforcement in disputes.
  • Vague consideration descriptions such as 'reasonable compensation' create enforcement uncertainty and complicate damages calculations; always state precise amounts or quantifiable measures.
  • Failing to collect all required signatures, initials, or witness attestations may render the agreement noncompliant with state notary or witness statutes, causing filing or probate complications.
  • Using weak authentication, skipping consent disclosures for consumer-facing transactions, or failing to preserve an audit trail risks nonenforceability under ESIGN and state law.

Penalties and Legal Risks for Errors

Incorrect TIN: Triggers 24% backup withholding.
Late information return: Penalty $60–$330 per form (IRC §6721).
Intentional disregard: $660+ per form, no maximum (IRC §6721).
I-9 violations: $281–$2,789 per violation (8 CFR §274a.2).
Notary errors: State fines or re-execution required.
Privacy breach: HIPAA penalties and corrective action.

Vendor Pricing and Feature Snapshot for eSignatures

Pricing and feature comparison for common eSignature needs relevant to executing the Legal FAST Agreement across popular vendors.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day free trial Varies Varies Varies Varies
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No
Envelope Cap No cap 100 envelopes/user/year Varies by plan Varies by plan Varies by plan

Frequently Asked Questions and Troubleshooting

Common questions and troubleshooting steps when preparing, signing, or validating a Legal FAST Agreement are shown below.


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