Account Switch Confirmation

ACCOUNT SWITCH CONFIRMATION

This Account Switch Confirmation (the Agreement) is entered into between the parties identified below as of the Effective Date. The parties confirm their mutual understanding and authorization to effect the transfers, cancellations, and updates described herein.

Parties and Account Identifiers

Switching Party:

Receiving Party:

Account to be closed or changed (old account):

New account or receiving account:

Recitals

WHEREAS, the Switching Party maintains certain accounts and arrangements identified above and desires to transfer or reassign payments, debits, credits, and related instructions from the old account to the new account in an orderly manner; and

WHEREAS, the Receiving Party agrees to accept and implement the requested transfers and to take commercially reasonable steps to notify relevant third parties and to update internal records in accordance with the procedures set forth in this Agreement; and

WHEREAS, the parties intend this Agreement to document authorizations, timing, responsibilities, and remedies associated with the account switch.

Scope of Work

Confirmation Checklist

The Switching Party hereby confirms and authorizes the Receiving Party to undertake the following actions (check all applicable):

Payment Terms

Service or switching fee (if applicable): $

Late payment and collection: if any invoiced amount is not received by the due date, the outstanding balance shall bear interest at the rate of , plus reasonable costs of collection, including attorneys' fees where permitted by law.

Term and Termination

Term commencement (Effective Date):     Term expiration or completion date:

Either party may terminate this Agreement for material breach if the breaching party fails to cure the breach within days after written notice. Termination for convenience by either party requires days' prior written notice and payment of all amounts then due.

Upon termination, Receiving Party will provide a final accounting of actions taken and shall, to the extent possible, restore or transfer any remaining authorized items as directed by Switching Party.

Confidentiality

"Confidential Information" means non-public business, financial, technical, or customer information disclosed by one party to the other in connection with this Agreement. Each receiving party shall:

(a) hold Confidential Information in strict confidence and use it solely to perform obligations under this Agreement; (b) limit disclosure to employees, agents, and subcontractors who have a need to know and are bound by confidentiality obligations no less protective than those herein; and (c) take commercially reasonable measures to protect Confidential Information from unauthorized access or disclosure.

Confidential Information does not include information that: (i) is or becomes publicly available through no fault of the receiving party; (ii) was rightfully known to the receiving party prior to disclosure; (iii) is received from a third party without breach of obligation; or (iv) is independently developed without reference to the Confidential Information. A receiving party may disclose Confidential Information to the extent required by law or a valid order of a court or governmental authority, provided it gives prompt notice to the disclosing party when lawful and practicable.

Breach of confidentiality will cause irreparable harm for which monetary damages may be inadequate; the non-breaching party is entitled to seek injunctive relief in addition to other remedies.

Notices and Contacts

Governing Law and Miscellaneous

Governing law: This Agreement shall be governed by and construed in accordance with the laws of , without regard to conflict of law principles.

Severability: If any provision of this Agreement is held invalid or unenforceable, the remainder of the Agreement shall remain in full force and effect.

Assignment: Neither party may assign or delegate its rights or obligations under this Agreement without the other party's prior written consent, except to an affiliate or successor entity that assumes all obligations hereunder.

Entire Agreement

This Agreement, together with any attachments and the scope of work set forth above, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior or contemporaneous oral or written agreements and understandings. No amendment or modification shall be effective unless in writing and signed by both parties.

Additional Representations

Each party represents and warrants that it has full authority to enter into this Agreement and to authorize the transfers and actions described herein, and that performance will not violate any other agreement or legal obligation.

Signature

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