Drafting Skills · glossary

Counterparts

Separate copies of one contract, each signed by one party. Each copy is an original, and together they form one agreement. So neither side has to wait for the other’s page to arrive. Agreement, clause 21.1 · Chapter 10 · see Electronic signature

Explained in Chapter 10, How to Sign a Contract: Execution and E-Signatures, of Drafting Skills.

How it comes up, in Chapter 10
Clause 21.1 lets the parties sign separate copies, called counterparts. Each copy is an original, and together they form one agreement. So neither side has to wait for the other’s page to arrive.
Read Chapter 10, How to Sign a Contract: Execution and E-Signatures →

Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.

Related terms

Where this term lives

This term is part of one fictional contract, from term sheet to signing, with every document attached and a test after every chapter. Open Drafting Skills → · All terms A–Z →