Saint Paul Minnesota Administrative Services Agreement between Entity listed on Annex and Corporation
Category:
State:
Multi-State
City:
Saint Paul
Control #:
US-C-G-00786-02
Format:
Word;
Rich Text
Instant download
Description
This is a sample Administrative Services Agreement between Entity listed on Annex and Corporation. Administrative agreements are legally binding contracts that outline the terms and conditions between two parties. In addition, these agreements detail what can happen if one party fails to uphold its end of the agreement. The word "administrative" is used because these agreements don't involve disputes or disagreements about money. Instead, they're designed to help protect both parties from future legal ramifications should anything go wrong.
Business owners often favor administrative agreements to take on an associate without the burden of hiring the associate as full-time staff. Since there's no obligation for either party involved in making payroll deductions and benefits contributions, this allows businesses to remain lean while still providing necessary assistance when needed most.
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