Signing Order for Contracts
The signing order in contracts can be quite important for several reasons, often related to the legal and practical implications of the contract execution:
1. Clarity and Confirmation: The order in which parties sign a contract can indicate their agreement to the terms as finalized by the earlier signing parties. It helps confirm that all parties agree to the same terms without later modifications.
2. Legal Effectiveness: In some cases, the contract only becomes legally binding once all parties have signed. The order of signatures can affect the start date of the contract’s effectiveness if the agreement specifies that it commences upon the last party’s signature.
3. Negotiation Power and Protocol: The signing order might reflect the negotiating power or protocol among the parties. For instance, a less dominant party might be asked to sign first to demonstrate commitment, whereas a more influential party might sign last to retain control over the final approval.
4. Symbolic Reasons: Sometimes, the order can be symbolic, reflecting respect, honor, or seniority, which might be important in cultural contexts or in specific industries.
In essence, the signing order can play a crucial role in ensuring that the contract execution process is smooth, clear, and aligned with the legal and operational needs of all parties involved.
Create a Contract
- Go to Payments >> Documents & Contracts
- Create Contract
- For more information, go to the this help article for instructions
Set the Signing Order
- Click on the person icon
- Enable Set Signing Order
- Add your Contacts (in any order)
- Drag your Contacts into the order you want them to sign the Contract
FAQs
What is the Primary Client?
This is the main point of contact for the contract, but may not be the ultimate signer.
May I add myself to the signature list?
Yes, you may add yourself as the last signer to the list.