The Statement of Agreement is a widely-used document in South African business and legal practice that bridges the gap between informal arrangements and full contracts. This document type is particularly valuable when parties need to formally record their understanding without the complexity of a comprehensive contract. It should be used when there's a need to document mutual agreements, commitments, or arrangements in a clear and legally sound manner. The document typically includes party details, agreed terms, duration, and any specific conditions, all framed within South African legal requirements. It's especially useful for business arrangements, professional services, collaborative projects, and other situations where a written record of agreements is necessary but a full contract might be excessive.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Full legal names and details of all parties to the agreement, including registration numbers for companies or ID numbers for individuals
2. Background: Context and circumstances leading to the agreement, including any relevant history or prior arrangements
3. Definitions: Clear definitions of key terms used throughout the agreement
4. Purpose: Clear statement of the agreement's primary objective and scope
5. Terms of Agreement: The core commitments and undertakings agreed upon by the parties
6. Duration: The period for which the agreement will be valid, including start and end dates if applicable
7. Financial Arrangements: Any financial obligations or monetary terms agreed upon
8. General Provisions: Standard legal provisions including governing law, jurisdiction, and entire agreement clause
9. Signatures: Space for parties to sign, with details of date and place of signing
1. Confidentiality: Include when parties need to maintain confidentiality about specific aspects of the agreement or shared information
2. Intellectual Property: Include when the agreement involves the use, creation, or transfer of intellectual property
3. Dispute Resolution: Include when parties want to specify particular methods for resolving potential disputes
4. Force Majeure: Include when parties want to address circumstances beyond their control that might affect performance
5. Assignment: Include when there's a need to specify whether parties can transfer their rights or obligations
6. Termination: Include when specific termination conditions or procedures need to be outlined
7. Compliance with Laws: Include when specific regulatory compliance needs to be acknowledged
8. Notices: Include when formal communication procedures need to be established
1. Schedule A - Detailed Scope: Detailed description of the agreed terms, services, or deliverables
2. Schedule B - Financial Terms: Detailed breakdown of any financial arrangements, payment schedules, or pricing structures
3. Schedule C - Timeline: Detailed timeline of milestones, deliverables, or key dates
4. Appendix 1 - Contact Details: Complete contact information for all parties and key personnel
5. Appendix 2 - Required Documents: Copies of any referenced documents, certificates, or supporting materials
Relevant legal definitions
Clauses
Relevant Industries
Professional Services
Manufacturing
Retail
Information Technology
Construction
Education
Healthcare
Financial Services
Real Estate
Agriculture
Mining
Tourism
Transportation
Energy
Telecommunications
Relevant Teams
Legal
Business Development
Operations
Procurement
Human Resources
Finance
Administration
Commercial
Compliance
Project Management
Contract Administration
Risk Management
Relevant Roles
Legal Counsel
Business Development Manager
Contract Manager
Project Manager
Operations Director
Chief Executive Officer
Procurement Manager
Human Resources Director
Financial Manager
Department Head
Commercial Director
Partnership Manager
Account Executive
Business Owner
Administrative Manager
Find the exact document you need
Common Agreement
A standard contractual framework under South African law that establishes fundamental terms and conditions for business relationships.
find out more
Bilateral Contract
A South African law-compliant bilateral contract establishing mutual obligations between two parties with enforceable terms and conditions.
find out more
Basic Ordering Agreement
A South African law-governed framework agreement establishing terms and conditions for future orders between parties.
find out more
Consignment Agreement Form
A South African legal document establishing terms for consignment sales arrangements, where goods ownership remains with the supplier until final sale.
find out more
Contract Agreement Form
A versatile Contract Agreement Form template compliant with South African law, suitable for various commercial relationships and business arrangements.
find out more
Written Agreement
A formal legal document governed by South African law that establishes contractual relationships between parties, defining their rights and obligations.
find out more
Side Agreement
A South African law-governed supplementary agreement that modifies or adds to an existing main agreement while maintaining its core structure.
find out more
Incorporation Agreement
A South African law-governed agreement establishing a new company's structure, governance, and shareholder relationships under the Companies Act 71 of 2008.
find out more
Formal Agreement
A legally binding agreement governed by South African law that formalizes relationships between parties, ensuring compliance with local legislation and establishing clear terms and obligations.
find out more
Casual Worker Contract
A South African-compliant casual worker employment contract establishing terms and conditions for temporary employment relationships.
find out more
Business Transfer Agreement
A South African law-governed agreement for the transfer of a business as a going concern, including assets, employees, and liabilities.
find out more
Boilerplate Agreement
A standard agreement template compliant with South African law, providing essential contractual framework for business relationships.
find out more
Amended Contract
A South African law-governed document that formally modifies terms and conditions of an existing contract while maintaining its validity.
find out more
Tooling Agreement
A South African law-governed agreement establishing terms for industrial tool design, manufacture, supply, and maintenance, compliant with local manufacturing and safety regulations.
find out more
Service Agreement Terms And Conditions
South African service agreement terms and conditions document establishing the legal framework for service provision between providers and clients.
find out more
Representation Agreement
A South African law-governed agreement establishing the terms and conditions under which a Representative may act on behalf of a Principal.
find out more
Common Terms Agreement
A master agreement under South African law that establishes common terms across multiple facility agreements in syndicated lending arrangements.
find out more
Buyer Agency Agreement
A South African legal agreement establishing an estate agent's authority to represent a buyer in property transactions, governed by local real estate laws.
find out more
Labour Contract Copy
A South African employment agreement establishing terms and conditions of employment in compliance with local labor laws.
find out more
Employee Agreement Form
A South African law-compliant employment agreement establishing terms and conditions between employer and employee.
find out more
Statement Of Agreement
A formal document under South African law recording mutual understanding and agreed terms between parties, serving as a binding record of arrangements and commitments.
find out more
Rent In Exchange For Services Agreement
A South African law-governed agreement establishing terms for accommodation provided in exchange for specified services.
find out more
Contractual Agreement
A legally binding Contractual Agreement template compliant with South African law and commercial practices.
find out more
Security Agreement Form
A South African law-governed agreement creating security interests over assets, detailing the security arrangements and enforcement rights between a security provider and secured party.
find out more
Business Cooperation Agreement
A South African law-governed agreement establishing terms and conditions for business collaboration between multiple parties.
find out more
Employee Training Reimbursement Agreement
A South African law-compliant agreement setting out terms for employer-funded training and employee reimbursement obligations.
find out more
Terms Of Business Agreement
A South African law-governed agreement establishing core business terms and conditions between service providers and clients.
find out more
Contract Of Indemnity And Guarantee
A South African law-governed agreement establishing guarantee and indemnity obligations, defining terms for financial security and risk mitigation between parties.
find out more
Intent To Purchase Agreement
A South African legal document expressing formal intention to purchase property or assets, outlining preliminary terms and conditions for the proposed transaction.
find out more
Professional Services Retainer Agreement
A South African law-governed agreement establishing terms for ongoing professional services delivery under a retainer arrangement.
find out more
Supply Contract Form
A South African law-governed agreement establishing terms and conditions for the regular supply of goods or services between supplier and purchaser.
find out more
Business Contract
South African business contract template incorporating key legislative requirements and commercial terms for business-to-business relationships.
find out more
Umbrella Agreement
A South African law-governed master agreement establishing framework terms for future specific agreements between parties.
find out more
Share Purchase Agreement
A South African law-governed agreement documenting the terms and conditions for the sale and purchase of shares in a company.
find out more
Professional Services Contract
A South African law-governed agreement establishing terms and conditions for professional services delivery between a service provider and client.
find out more
Consulting Services Agreement
South African law-governed agreement establishing terms and conditions for consulting services provision, including scope, payments, and compliance requirements.
find out more
Buyer Representation Agreement
A South African law-compliant agreement establishing professional representation between a property buyer and real estate agent, outlining services, duties, and compensation terms.
find out more
Master Service Agreement
A South African law-governed framework agreement establishing core terms for ongoing service delivery relationships between service providers and clients.
find out more
Yearly Contract Agreement
A one-year contractual agreement compliant with South African law, establishing terms, conditions, and obligations between parties.
find out more
White Label Agreement
A South African law-governed agreement enabling one party to rebrand and market another party's products/services under their own brand, with defined terms for licensing, operations, and compliance.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)