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In law, an '''agreement in principle''' is a [[Step-stone bridge|stepping stone]] to a [[contract]]. Such agreements with regard to the principle are usually considered fair and equitable. Even if not all details are known, an ''agreement in principle'' may, for example, outline a schedule of [[royalties]].<ref name="Schatzki1999">{{cite web|title=Agreement in Principle|url=http://www.negotiationdynamics.com/NDir11.asp|last=Schatzki|first=Michael|publisher=Negotiation Dynamics|accessdate=2012-03-13}}</ref>
In law, an '''agreement in principle''' is a [[Step-stone bridge|stepping stone]] to a [[contract]]. Such agreements with regard to the principle are usually considered fair and equitable. Even if not all details are known, an ''agreement in principle'' may, for example, outline a schedule of [[royalties]].<ref name="Schatzki1999">{{cite web|title=Agreement in Principle |url=http://www.negotiationdynamics.com/NDir11.asp |last=Schatzki |first=Michael |publisher=Negotiation Dynamics |accessdate=2012-03-13 |deadurl=yes |archiveurl=https://web.archive.org/web/20120504212704/http://www.negotiationdynamics.com/NDir11.asp |archivedate=2012-05-04 }}</ref>


== References ==
== References ==
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== External links ==
== External links ==
* [https://web.archive.org/web/20070217045703/http://www.dep.state.fl.us:80/secretary/news/2002/acf011502.htm Agreement In Principle Reached For Tri-State Water Allocation]
* [https://web.archive.org/web/20070217045703/http://www.dep.state.fl.us/secretary/news/2002/acf011502.htm Agreement In Principle Reached For Tri-State Water Allocation]
* [http://contracts.corporate.findlaw.com/agreements/celerity/futuretrakceleritymerger.html Merger Agreement in Principle - FutureTrak International Inc. and Celerity Systems Inc.(Apr 25, 1999)]
* [http://contracts.corporate.findlaw.com/agreements/celerity/futuretrakceleritymerger.html Merger Agreement in Principle - FutureTrak International Inc. and Celerity Systems Inc.(Apr 25, 1999)]



Revision as of 03:56, 28 June 2017

In law, an agreement in principle is a stepping stone to a contract. Such agreements with regard to the principle are usually considered fair and equitable. Even if not all details are known, an agreement in principle may, for example, outline a schedule of royalties.[1]

References

  1. ^ Schatzki, Michael. "Agreement in Principle". Negotiation Dynamics. Archived from the original on 2012-05-04. Retrieved 2012-03-13. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)