VirtualTerms is a standardized framework of common legal provisions written in plain English. These terms are shared across VirtualTerms Agreements, putting much of the legal "boilerplate" in the background so you can focus on key business and legal points.
When you create your agreement on VirtualTerms, it automatically links to our standard VirtualTerms through "incorporation by reference." The final version of your agreement will also include the VirtualTerms as an attachment.
Creating a VirtualTerms Agreement is simple and user-friendly. Sign up for a free trial to experience how easy it is firsthand.
You email a link directly via VirtualTerms. Your counterparty can view the agreement in the same key terms format, view the standard VirtualTerms, send comments, and sign electronically - all without needing an account.
Yes, electronic signatures are valid for most common business agreements in the United States under the ESIGN Act and UETA. They're also valid in many other countries. VirtualTerms uses compliant e-signature technology.
When your agreement is fully signed, we'll email you and your counterparty a copy. You can also view or download your signed agreements via your dashboard.
Currently, after your free trial, you can use all features for all current agreement types for $50/month. This entitles you to up to 10 signed agreements per month. Unlike others, we only count the number of agreements your business partners actually sign, not the number you send out. Additional signed agreements per month are $5/signed agreement. We reserve the right to change pricing for new or revised features, functionality, and agreements in the future.
We take your information's privacy seriously. Please refer to our Privacy Policy for detailed information on how we handle and protect your data.
Currently, we support two-party agreements. We're considering expanding functionality to support multi-party agreements in the future. Let us know if you're interested in this feature.
VirtualTerms streamlines the agreement process by focusing on key terms in a user-friendly format. We use standardized language and a simplified review process, allowing both parties to create, review, and sign agreements much faster than traditional methods.
Yes, agreements created through VirtualTerms are legally binding. Our VirtualTerms agreements are written by legal experts while remaining clear and easy to understand.
But, please note: We are not a law firm and are not a substitute for legal advice. Seek appropriate legal advice if you have questions regarding your situation.
Also: Our agreements and platform are designed for use only in the United States. Consult with your legal advisor regarding other jurisdictions.
Absolutely. You can easily customize your key terms page and add specific clauses to suit your unique business requirements, while linking to our standardized terms for the rest. Our platform balances standardization with flexibility.
Because our platform balances standardization with flexibility, you can readily adapt your existing agreement's terms to work with VirtualTerms. You can customize your key terms page and add specific clauses to suit your unique terms and requirements, while still linking to our standardized terms for the rest. If you want to discuss how we can work with your legal advisor or a network of legal advisors to help you adapt your agreement, please contact us for a consulting implementation proposal.
We take data security very seriously, and employ industry-standard security measures to protect your information. We never share your data with third parties without your explicit consent. See our Privacy Policy for more information.
We currently offer streamlined NDAs (Non-Disclosure Agreements) and consulting and independent contractor agreements . However, we're actively developing additional agreements, including other services agreements and more. Stay tuned for updates as we expand our offerings and let us know what agreements you'd like to see by reaching out via our Contact page.