Banking Forms Template

BANKING FORMS TEMPLATE

This Agreement is entered into between Client Name: and Service Provider Name: (each a "Party" and collectively the "Parties").

WHEREAS

WHEREAS, Client requires preparation, completion and submission of banking forms and related documentation (the "Banking Forms") to financial institutions and other third parties in connection with Client's accounts and banking relationships; and

WHEREAS, Service Provider is engaged in the business of preparing and processing banking documentation and has represented that it possesses the expertise and resources to prepare and manage such Banking Forms in compliance with applicable laws and industry-standard security practices; and

WHEREAS, the Parties desire to set forth the terms and conditions under which Service Provider will perform services related to Client's Banking Forms.

SCOPE OF WORK

Service Provider shall perform the services described below and in the Scope of Work textarea. Services shall include preparation, review, and submission of Banking Forms, communications with financial institutions on behalf of the Client where authorized, retention of copies of completed forms, and reasonable follow-up necessary to effect the transactions specified by Client.

SERVICES AND AUTHORIZATIONS

Client authorizes Service Provider to act as Client's agent solely for the purpose of preparing, submitting, and delivering the Banking Forms and related documentation identified herein. Client authorizes Service Provider to obtain information reasonably necessary from Client's financial institutions to complete the Banking Forms if Client delivers signed authorization to release account information.

Direct deposit enrollment / change   Wire transfer authorization   Account opening documentation   Account closure forms   Other:

PAYMENT TERMS

Client shall pay Service Provider for services rendered on the following basis.

All fees are exclusive of taxes. Client shall reimburse Service Provider for reasonable out-of-pocket expenses incurred in connection with the Services where pre-approved in writing by Client.

TERM AND TERMINATION

This Agreement shall commence on Start Date: and shall continue until End Date: unless earlier terminated in accordance with this Section.

Either Party may terminate this Agreement for convenience upon written notice delivered to the other Party at least Notice Period (days): days prior to the effective date of termination. Termination for cause may occur upon material breach that is not cured within thirty (30) days after written notice of such breach.

CONFIDENTIALITY

Each Party agrees that it will not disclose Confidential Information of the other Party except as specifically permitted by this Agreement or required by law. "Confidential Information" includes nonpublic personal data, account information, authentication credentials, tax identification numbers, and any nonpublic business information disclosed in connection with the Services. Confidential Information shall be protected using reasonable administrative, physical and technical safeguards consistent with applicable banking privacy and data protection standards.

Service Provider shall promptly notify Client of any unauthorized access, disclosure, or loss of Confidential Information and shall cooperate with Client in investigating and remediating any such event.

COMPLIANCE, REPRESENTATIONS AND WARRANTIES

Each Party represents and warrants that it has the full power and authority to enter into this Agreement and to perform its obligations hereunder. Service Provider represents that it will perform Services in compliance with all applicable laws, regulations, and financial institution requirements. Client represents that the information provided to Service Provider is true, accurate and complete to the best of Client's knowledge.

INDEMNIFICATION AND LIMITATION OF LIABILITY

Each Party shall indemnify, defend and hold harmless the other Party from losses arising out of its breach of this Agreement, negligence or willful misconduct. Except for willful misconduct or liability arising from breach of confidentiality or indemnity obligations, neither Party shall be liable to the other for incidental, consequential or punitive damages.

RECORDS, AUDIT AND RETENTION

Service Provider shall maintain complete and accurate records relating to the Services for a period of at least three (3) years following performance. Client or its designated auditor may, upon reasonable notice and during normal business hours, inspect records relevant to the performance of the Services, provided such inspection does not unreasonably interfere with Service Provider's operations.

NOTICES

GOVERNING LAW; ENTIRE AGREEMENT

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to its choice-of-law principles. The Parties submit to the exclusive jurisdiction of the state and federal courts located within that State for resolution of disputes.

This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior agreements, understandings and communications, whether written or oral. Any amendment to this Agreement must be in writing and signed by both Parties.

MISCELLANEOUS

If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions will remain in full force and effect. Neither Party may assign this Agreement without the prior written consent of the other Party, except that Service Provider may assign its rights to an affiliate or in connection with a sale of substantially all of its assets.

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