Registration to the equivalent means that contracts or double deeds are printed, so that there is a separate copy for the signature by each party. Conversely, a copy of the contract or the signing of the contract is printed and signed by all parties. If you have many parts in different places, this is a useful tool to allow completion without releasing a single copy of a document to all parties to sign. Often, a clause is displayed in the agreement that allows the signatories to sign it as an equivalent. As a general rule, a counter-clause would be: “This agreement can be executed in any number of counterparties, each, when executed and delivered, represents an original double, but all the considerations combined constitute a single agreement.” Some practitioners believe that an enforcement clause requiring the signature of two approved signatories can be signed in return. On this point, however, the legal authority is lacking and it is not the preferred opinion. It is important, in the signed agreements, to be very detailed about what is allowed and what is not, and not to be entirely dependent on the common law. If an agreement is illegal, it is unenforceable. If an agreement is too broad, the contract can also be permanently cancelled. Since uncertainty of any agreement is possible, only then will you be able to understand whether an agreement is applicable or not after a court. Make sure the language used in the document is consistent with federal or national law. Oppositions are also useful when the parties to an agreement want to ensure that each copy of the agreement is recognized as original. Parties often require more than an original copy of an agreement for tax, regulatory or other purposes.
Technically, all parties, when executing a certain number of copies of the same document, are more duplicates than counter-parties, and, as a result, some lawyers also refer to duplicates in the counterparty clause. There is no clear agreement on this point. Most lawyers will therefore fail on the caution page and will say that two directors (or another combination of two authorized signatories) sign a document on behalf of a company that must sign copies of this document. The section of the Company Act, which deals with enforcement, refers to the execution of a singular document. A signed agreement is a signature on a piece of paper and a powerful legal contribution between two parties. Read 3 min The absence of a counter-clause clause does not in itself invalidate any agreement executed by the parties by separate partners. However, a counter-clause may help prevent a party from arguing that an agreement is not binding because there is not a copy signed by all parties or because they did not know that they are entering into a binding contract by signing an agreement that was not signed by the other parties. Ensure that both parties sign the agreement and that the document is recognized by two witnesses or a notary for both parties who rely on the document to verify their credibility.