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Damages And Liquidation

The following shall apply as a legally binding addendum to the contract made between _________ and ______________ on_____________.

The following shall apply as a legally binding addendum to the contract made between ____________________ and _____________________ on ___________.

In the case of termination due to breach of contract, than all parties acknowledge and agree that the party so deemed in breach shall pay the other a sum in the amount of __________ to serve as liquidated damages.

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Signature Dated

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Signature Dated