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An executed contract is a contract that has been completed. All parties have signed and its all done and closed. Executory is one that is almost done, but they are waiting on for example: Money!

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12y ago
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14y ago

"Executed" is PAST tense implying that the contract is completed. "Executing" is PRESENT tense indicating that the requirements of the contract are underway.

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Q: Difference between executed and executing contracts?
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