Collateral Agreements to the Illegal Agreement

Collateral agreements refer to the agreements that are made alongside an illegal agreement. These agreements may be legal or illegal. Collateral agreements may be used to conceal the illegal agreement, or they may be used to give effect to the illegal agreement. In either case, collateral agreements are enforceable if they are not tainted by the illegality of the main agreement.

Examples of Collateral Agreements
There are several examples of collateral agreements. Some of these include:

1. Guarantee agreements: A guarantee agreement is a collateral agreement where a third party guarantees to pay the debt of one of the parties to the illegal agreement.

2. Confidentiality agreements: A confidentiality agreement is a collateral agreement where the parties agree to keep the illegal agreement secret.

3. Non-compete agreements: A non-compete agreement is a collateral agreement where the parties agree not to compete with each other in a particular business.

Enforceability of Collateral Agreements
The enforceability of collateral agreements depends on whether they are tainted by the illegality of the main agreement. If the collateral agreement is independent of the main agreement, it is enforceable. However, if the collateral agreement is connected to the main agreement and is tainted by its illegality, it will not be enforceable.

Conclusion
In conclusion, collateral agreements are agreements that are made alongside an illegal agreement. These agreements may be legal or illegal. The enforceability of collateral agreements depends on whether they are tainted by the illegality of the main agreement. If the collateral agreement is independent of the main agreement, it is enforceable.

Collateral agreement to illegal agreement is void