Affirmation Statement Template

AFFIRMATION STATEMENT AND BUSINESS AGREEMENT

Parties

Recitals

WHEREAS, the Affirming Party possesses certain knowledge, documents, representations, and factual assertions relating to its business activities and intends to provide an affirmation to the Recipient for the limited purposes set forth herein; and

WHEREAS, the Recipient requires an express, written affirmation of specified facts, representations, or deliverables in connection with a business relationship, and the parties wish to define the scope, duties, and compensation for that affirmation; and

NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows.

Affirmation of Facts and Representations

The Affirming Party hereby affirms, represents, and warrants to the Recipient that all factual statements, documents, and certifications provided pursuant to this Agreement are true, correct, complete, and made in good faith to the best of the Affirming Party's knowledge as of the date signed below. The Affirming Party acknowledges that the Recipient will rely upon such affirmation for business, regulatory, or contractual purposes, and that any material misrepresentation shall constitute a breach of this Agreement.

Scope of Work

Payment Terms

The Recipient shall pay the Affirming Party the fees and reimbursements set forth below in consideration for preparing, certifying, and delivering the affirmation described above.

Payments not received within the agreed payment period shall incur the late payment fee described above, which shall accrue from the date payment was due until payment is received in full. The Recipient shall also reimburse the Affirming Party for reasonable collection costs, including attorneys' fees, if applicable.

Term and Termination

This Agreement commences on the Start Date and shall continue until the End Date, unless earlier terminated as provided below.

Either party may terminate this Agreement upon providing the other party written notice in accordance with the notice period above. Termination shall not relieve the Recipient of its obligation to pay for work performed and obligations incurred prior to the effective date of termination.

Confidentiality

"Confidential Information" means any non-public information disclosed by one party to the other in connection with this Agreement, whether oral or written, that is designated confidential or that reasonably should be understood to be confidential given the nature of the information. The recipient of Confidential Information shall (a) use such information solely for the purposes set forth in this Agreement; (b) protect the confidentiality of such information with at least the same degree of care it uses to protect its own confidential information, but in no event less than reasonable care; and (c) not disclose such information to any third party except to its employees, agents, or professional advisors who have a need to know and who are bound by confidentiality obligations no less restrictive than those herein. The obligations of confidentiality shall survive termination of this Agreement for a period of three (3) years, except for trade secrets, which shall remain confidential for as long as permitted by law.

Representations, Warranties and Indemnification

Each party represents and warrants that it has full power and authority to enter into this Agreement. The Affirming Party warrants that the affirmative statements made hereunder are true and accurate as of the date signed. The Affirming Party shall indemnify and hold harmless the Recipient from and against any losses, liabilities, damages, costs, and expenses (including reasonable attorneys' fees) arising out of any material misrepresentation or breach of warranty in this Agreement.

Governing Law and Venue

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to conflict of laws principles. The parties submit to the exclusive jurisdiction of the courts located within that State for resolution of any disputes arising under this Agreement.

Entire Agreement; Severability

This Agreement, including all attachments and referenced documents, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, and communications, whether written or oral. If any provision of this Agreement is determined to be invalid or unenforceable, such invalidity shall not affect the remaining provisions, which shall continue in full force and effect.

Additional Provisions

No waiver of any breach or default hereunder shall be deemed a waiver of any subsequent breach or default. All notices required under this Agreement shall be in writing and delivered to the addresses provided above or to such other address as a party may designate in writing.

Affirmation Certification

By checking the box below and signing this Agreement, the undersigned affirms under penalty of perjury that the statements in this Affirmation Statement are true and correct to the best of the undersigned's knowledge and belief, and acknowledges that a material misrepresentation may subject the affirming party to legal liability.

I affirm under penalty of perjury that the information provided in this document is true and correct.

Individual Corporation Limited Liability Company (LLC) Partnership

Sign Now