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1. Formation This includes names of the companies and the place of business. The purpose of the contract has to be discussed. (10 marks) 2. Terms of the contract This includes the commencement and completion of the agreement. You are required to add any exclusion clauses to the agreement. (10 marks) 3. Breach of contract / Remedies You are required to include the types of damages in the agreement which either party may seek if there is a breach and legal redress should be discussed. (10 marks)