Coworking Agreement Sample: A Guide for Startups and Freelancers
Coworking spaces offer an affordable solution for startups, freelancers, and small business owners who want to work in a collaborative and flexible environment. Coworking agreements lay out the terms of the coworking arrangement between the space provider and the member. A well-crafted agreement can help protect both parties and ensure a smooth and productive work experience. In this article, we will provide a sample coworking agreement and discuss some key points to consider when drafting one.
The following is a sample coworking agreement that can be customized to fit your specific needs. It is important to note that this agreement is intended for informational purposes only, and you should consult with legal counsel to ensure compliance with federal, state, and local laws.
Coworking Agreement Sample
1. Introduction
This coworking agreement (“Agreement”) is made effective as of the date of signing by and between ________________________ (“Provider”), and _______________________________ (“Member”) (collectively referred to as “Parties”).
2. Services
Provider agrees to provide coworking facilities and services (“Services”) to Member at the location(s) specified in this Agreement. The Services may include office space, meeting rooms, internet access, mail handling, and other business amenities.
3. Term
This Agreement shall continue in effect for the period specified in the membership plan chosen by Member. The term may be renewed in writing by the Parties upon the expiration of the initial term.
4. Fees and Payment
Member agrees to pay the fees specified in the membership plan chosen by Member in a timely manner. Provider reserves the right to adjust fees upon renewal of the term. Any unpaid fees may result in termination of membership and access to the Services.
5. Use of Facilities
Member agrees to use the facilities in accordance with the rules and regulations set forth by Provider. Member shall not engage in any illegal, immoral, or disruptive behavior, nor shall Member cause damage to the facilities or other members’ property.
6. Liability and Insurance
Provider shall not be liable for any damages, losses, or injuries sustained by Member resulting from the use of the facilities or Services. Member is responsible for obtaining insurance coverage for its own property and liability.
7. Termination
Either party may terminate this Agreement upon written notice to the other party for any reason. Any unpaid fees or damages owed by Member shall be due and payable upon termination.
8. Miscellaneous
This Agreement constitutes the entire understanding between the Parties, supersedes any prior agreements or understandings, and may not be modified except in writing signed by both Parties. This Agreement shall be governed by and construed in accordance with the laws of the state in which the Services are provided.
Key Considerations
When drafting a coworking agreement, it is important to consider the following key points:
– Services: Be clear on the services and facilities provided and any limitations or restrictions that may apply.
– Fees and Payment: Specify the fees, payment terms, and any late fees or penalties.
– Use of Facilities: Include rules and regulations for using the facilities and any consequences for violating them.
– Liability and Insurance: Specify the extent of liability for damages, losses, or injuries and require members to obtain their own insurance coverage.
– Termination: Include provisions for termination by either party and any consequences for unpaid fees or damages owed.
– Miscellaneous: Include any additional details unique to your coworking space or membership plans, and consider consulting with legal counsel to ensure compliance with applicable laws and regulations.
In conclusion, a well-crafted coworking agreement can help provide clarity and protection for both the coworking space provider and members. By considering the key points outlined in this article and consulting with legal counsel, you can create an agreement that meets your specific needs and sets the foundation for a successful coworking relationship.