The basic contents of the refund agreement include the basic information of both parties; Reason for return; Distribution of responsibilities between the two parties; Time and method of refund; Dispute resolution methods; Conditions for the entry into force, suspension and termination of the agreement; Non-refundable circumstances; Signature and seal of both parties and signing time.

legal ground

Article 470 of the Civil Code of People's Republic of China (PRC)

The contents of a contract shall be agreed upon by the parties, and generally include the following clauses:

(1) The name and domicile of the party concerned;

(2) Subject matter;

(3) quantity;

(4) quality;

(5) Price or remuneration;

(6) Time limit, place and method of performance;

(7) Liability for breach of contract;

(8) Methods for resolving disputes.

The parties may conclude a contract by referring to the model texts of various contracts.