This document is a basic form of deed that may be used if a service provider is engaged by a company. It can be used where the provider is concerned that payment may not be made, despite the services having been supplied.
This deed establishes a guarantee to be provided by the client to the service provider for payment for the services supplied.
There is also a useful indemnity provision for the service provider that may be utilised if desired by the parties.
This document has been authored for Lexis Nexis by Brooke Pendlebury, Principal, Pendlebury Workplace Law.
This document is prepared with the assistance of Specialist Editor Murray Landis, Partner, K&L Gates.