This Payment Agreement ("Agreement") is made and entered into as of [Date] by and between:


  • [Your Name/Business Name]
  • [Your Address]



  • [Client Name]
  • [Client Address]



WHEREAS, Payor desires to engage Payee to perform certain services, and Payee desires to perform such services.

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

1. Services

Payee agrees to provide the following services for Payor:

  • [List specific services to be performed, e.g., consulting services, website development, graphic design work, etc.]

2. Payment

  • Total Fee: [USD/CAD]
  • Payment Schedule: [Specify payment schedule, e.g., upfront payment, milestone payments, payment upon completion of project]
  • Payment Methods: [Specify accepted methods, e.g., cash, check, bank transfer]
  • Late Fees: A late fee of [Late Fee Amount] will be charged for any payment received more than [Number] days after the due date.

3. Invoices

Payee shall submit invoices to Payor for each payment due under this Agreement. Invoices shall be in writing and shall include a detailed description of the services rendered, the date(s) the services were rendered, and the amount due.

4. Taxes

Payee is responsible for all applicable taxes associated with the services provided under this Agreement. Payee shall provide Payor with a tax receipt or other documentation upon request.

5. Term and Termination

This Agreement shall commence on the date first written above and shall continue until the completion of the services and full payment is received by Payee. This Agreement may be terminated by either party upon written notice to the other party for any reason. In the event of termination by Payor without cause, Payor will compensate Payee for services rendered up to the date of termination.

6. Default

If either party fails to fulfill its obligations under this Agreement, the other party may terminate this Agreement upon written notice.

7. Dispute Resolution

[Optional: Specify the method for resolving any disputes arising from the Agreement (e.g., mediation, arbitration).]

8. Notices

All notices required or permitted hereunder shall be in writing and shall be deemed given when delivered personally, sent by certified or registered mail, postage prepaid, return receipt requested, or sent by overnight courier service to the addresses set forth above.

9. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of [Your State] (USA) or the Province of [Your Province] (Canada), as applicable.

10. Entire Agreement

This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior or contemporaneous communications, representations, or agreements, whether oral or written.

11. Severability

If any provision of this Agreement is held to be invalid or unenforceable, such provision shall be struck and the remaining provisions shall remain in full force and effect.

12. Signatures


[Your Signature]

[Your Printed Name]


[Client Signature]

[Client Printed Name]