Fill and Sign the Office Agreement Sample Form

Office Sharing Agreement Agreement made on the       day of       , 20       , between       of       , (Name of Party Alpha ) (Street Address, City, County, State, Zip Code) referred to herein as Alpha , and       , of       , (Name of Party Beta ) (Street Address)       , referred to herein as Beta . (City, County, State, Zip Code) Whereas, the parties desire to lease space together in order to reduce the overall cost of having separate facilities, and Whereas, the parties wish to set down in writing their agreement regarding the sharing of cost associated with such space. Now, therefore, for and in consideration of the mutual promises and benefits to be derived by the parties, they do hereby agree to the following 1. The parties shall jointly lease space at       . (Street Address, City, County, State, Zip Code) 2. The space shall be divided according to the floor plan attached. The floor plan indicates by color code, which space is to be occupied by which party and which space is common area. 3. The parties agree to be responsible for all cost associated with such space in proportion to the area they occupy compared to the total area. Common area cost shall be calculated the same way. Cost shall include but not be limited to rent, electricity, telephone service (but not long distance), answering service, repairs, supplies, postage, and similar items. 4. The parties agree to use the same for the following purpose and no other       . (Describe) 5. The parties shall carry their own liability and personal property insurance. 6. The parties agree to post separate signs and make evident wherever possible that they are separate entities. Nothing in this Agreement shall be construed in any way to form a partnership between the parties. 7. If either party shall vacate the premises prior to the expiration of the term of this Lease, said party shall nevertheless be bound by the Lease and this Agreement. The vacating party may assign this Agreement subject to approval of the remaining party, which approval shall not be unreasonably withheld. 8. The failure of either party to this Agreement to insist upon the performance of any of the terms and conditions of this Agreement, or the waiver of any breach of any of the terms and conditions of this Agreement, shall not be construed as subsequently waiving any such terms and conditions, but the same shall continue and remain in full force and effect as if no such forbearance or waiver had occurred. Office Sharing Agreement Page 1 of 2 9. This Agreement shall be governed by, construed, and enforced in accordance with the laws of the State of       . (Name of State) 10. Unless provided herein to the contrary, any notice provided for or concerning this Agreement shall be in writing and shall be deemed sufficiently given when sent by certified or registered mail if sent to the respective address of each party as set forth at the beginning of this Agreement. 11. In the event that any lawsuit is filed in relation to this Agreement, the unsuccessful party in the action shall pay to the successful party, in addition to all the sums that either party may be called on to pay, a reasonable sum for the successful party's attorney fees. 12. Notwithstanding the foregoing, and anything herein to the contrary, any dispute under this Agreement shall be required to be resolved by binding arbitration of the parties hereto. If the parties cannot agree on an arbitrator, each party shall select one arbitrator and both arbitrators shall then select a third. The third arbitrator so selected shall arbitrate said dispute. The arbitration shall be governed by the rules of the American Arbitration Association then in force and effect. 13. This Agreement shall constitute the entire agreement between the parties and any prior understanding or representation of any kind preceding the date of this Agreement shall not be binding upon either party except to the extent incorporated in this Agreement. 14. Any modification of this Agreement or additional obligation assumed by either party in connection with this Agreement shall be binding only if placed in writing and signed by each party or an authorized representative of each party. 15. The rights of each party under this Agreement are personal to that party and may not be assigned or transferred to any other person, firm, corporation, or other entity without the prior, express, and written consent of the other party. 16. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which together shall constitute but one and the same instrument. 17. In performing under this Agreement, all applicable governmental laws, regulations, orders, and other rules of duly-constituted authority will be followed and complied with in all respects by both parties. WITNESS our signatures as of the day and date first above stated. By: By: (Signature of Alpha ) (Signature of Beta )             (P rinted Name of Alpha ) (P rinted Name of Beta ) Office Sharing Agreement Page 2 of 2