This Agreement Is Made And Entered Into As Of The Last Date Signed Below
This contract comes into effect from the date (« effective date ») from the date on which this contract is signed by both parties. The duration of the agreement begins on the first day of the Company`s fiscal year beginning in 2004 (effective date) and ends on the last day of the Company`s fiscal year ending in 2007, subject to prior termination in accordance with Section 7 below (the « duration »). THIS SERVICES GESTION ACCORD (this « agreement ») will be concluded and concluded on May 4, 2007 (effective date) between Acme Holding Corporation (« Acme »), Astute Advisors LLC (« Contractor ») and Don R. Jones (« Jones »). Finally, you will sometimes see the validity date used in a contract to refer to a date in the past. For example, parties to a distribution agreement signed on March 31, 2007 may wish to have sales included as of January 1, 2007 for the 2007 sales determination. It would be simpler and clearer to say so much rather than use the term « effective date » and define it as January 1, 2007. First, the validity date is sometimes used to refer to the date indicated in the introductory clause, as in this example – which I did not correct while I changed the names – of the SEC`s EDGAR database: when a contract is dated by dating the signatures of the parties instead of writing a date in this introductory clause (something I mention in this blog post) , it is seen that the validity date is used to indicate the date on which all parties signed: Sometimes the parties use the validity date to refer to a future date on which either agreement will occur. For example, a January 2004 employment contract is probably related to the date on which the employee will actually start working: I prefer to refer only to the date of that agreement. Why add an unnecessarily defined term to the reader? But it is misleading to commit to the effectiveness of the agreement on the date the employee will take office, as the agreement will be effective once the parties have signed it. Instead, it is the company`s obligation to pay the employee and the employee`s obligation to work for that salary that starts later, and I would say that in the contract.