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Articles

Do “Unconditional Bonds” Perform as Intended? Solutions to Prevent Bonds from Being Dishonored under Vietnamese Law

By Stephen Le Hoang Chuong, Managing Partner, Le & Tran Vietnam Trial Lawyers

Unconditional Bonds are critical to commercial transactions and construction projects. They guarantee the interests of a contractual party in the event of a default such as failure to pay or to perform contractual obligations. This article explores the effectiveness of Unconditional Bonds in Vietnam and offers solutions to minimize the occurrence of the bond being dishonored.

Sample Forms, Policies, and Contracts

Vendor Business Associate Agreement (US)

This sample agreement is intended to satisfy the covered entity’s, company’s, and vendor’s obligations under HIPAA and is incorporated into all applicable services agreements between the company and its contracted vendor.

Sample Forms, Policies, and Contracts

U.S. Contract Approval Policy

This is a sample contract approval policy of US entities, detailing approval levels required depending on contract value, and special circumstances that require special approvals (for certain types of agreements or clauses).