Refund Agreement Template
This Refund Agreement ("Agreement") is entered into on
[Date] by and between:
[Party A Name and Address] (hereafter "Party A"); and
[Party B Name and Address] (hereafter "Party B").
Whereas, Party A has paid Party B a sum of money for goods
or services which were either not provided or not provided to the
satisfaction of Party A; and
Whereas, the parties mutually desire to resolve this matter
by entering into this Agreement.
Therefore, in consideration of the mutual promises and
covenants exchanged herein, the parties agree as follows:
1. Identity of Parties:
Party A's Name: ________________________________
Party A's Address: ______________________________
Party B's Name: ________________________________
Party B's Address: ______________________________
2. Scope of Agreement:
This Agreement applies to the refund of the sum of money
paid by Party A to Party B.
3. Rights and Obligations of the Parties:
a. Party B agrees to refund the sum of money paid by Party A
within [Number of days] days of the execution of this Agreement.
b. Party A agrees to return any goods, if applicable, related to
the transaction to Party B within [Number of days] days of the
execution of this Agreement.
c. Party A warrants that any goods returned to Party B are in
the condition they were provided in or received by Party A.
d. Party B agrees to pay all costs associated with the refund,
including but not limited to, any bank fees or processing fees.
4. Compliance with Law:
The parties acknowledge and agree to comply with all
applicable laws and regulations regarding the transaction and this
Agreement.
5. Effectiveness and Enforcement:
This Agreement is binding upon and enforceable against the
parties and their respective successors, assigns, and legal
representatives.
6. Governing Law:
This Agreement shall be governed by and construed in
accordance with the laws of the People's Republic of China.
7. Entire Agreement:
This Agreement contains the entire understanding between
the parties and supersedes any prior or contemporaneous
agreements or understandings, whether written or oral. This
Agreement may not be modified or amended except in writing
signed by both parties.
8. Severability:
If any provision of this Agreement is held invalid or
unenforceable by a court of competent jurisdiction, the
remainder of this Agreement shall remain in full force and effect.
9. Termination:
This Agreement shall terminate and have no further force or
effect upon execution and fulfillment of its terms.
10. Counterparts:
This Agreement may be executed in counterparts, each of
which shall be deemed an original but all of which together shall
constitute one and the same instrument.
11. Exclusive Jurisdiction:
The parties agree to submit to the exclusive jurisdiction of
the courts of the People's Republic of China for the purpose of
any dispute arising out of or relating to this Agreement.
IN WITNESS WHEREOF, the parties have executed this
Agreement as of the date first written above.
Party A:
[Party A Name] _________________________
[Authorized Signature] _______________________
Date: _______________________________________
Party B:
[Party B Name] _________________________
[Authorized Signature] _______________________
Date: _______________________________________
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