Banking Schedule

Banking Schedule

This Banking Schedule (the "Schedule") is made effective as of and is incorporated into and governed by the Master Services Agreement between the parties.

Parties

Client Name:

Bank Name:

WHEREAS

WHEREAS, Client requires that certain payments and reconciliations be effected by electronic transfer and that detailed banking and payment instructions be recorded in writing for operational and audit purposes;

WHEREAS, Bank has agreed to accept and execute transfers, to provide account information and to facilitate the collection and remittance procedures described in this Schedule under the terms set forth herein;

WHEREAS, the parties desire to set out account details, authorized signatories, payment procedures, reporting requirements and related obligations to ensure accurate and timely settlement of amounts due under the Agreement.

Scope of Work

Account Details

Checking Savings Other:

Authorized Signatories

Payment Terms

Payment Amount:

Payment Schedule:   Due Within: days of invoice

Late Payment Fee:   (applies to unpaid balances after the due period)

Payment Method: ACH Wire Transfer Check Other:

Reconciliation & Reporting

Statement Delivery Frequency:

Method of Delivery: Email Secure Portal Physical Mail   If Email, provide address:

Representations and Warranties

Each party represents and warrants that it has full corporate power and authority to enter into this Schedule and that the persons signing below are duly authorized to bind their respective organizations to the obligations set forth herein.

Confidentiality

All banking details, account numbers, signatory information and any reports exchanged under this Schedule constitute Confidential Information. Each party shall (i) maintain such information in strict confidence, (ii) use such information solely for the purposes contemplated by this Schedule and the Agreement, and (iii) not disclose such information except to affiliates, professional advisors, or service providers that have a need to know and are bound by confidentiality obligations at least as protective as those set forth herein.

Term and Termination

Term Commencement Date:   Term End Date:

Either party may terminate this Schedule for convenience upon days' prior written notice to the other party. Termination for cause may be effected immediately upon written notice for material breach that remains uncured for a period of thirty (30) days after receipt of notice of such breach.

Governing Law

This Schedule shall be construed in accordance with the laws of the State of without regard to conflict of laws principles.

Entire Agreement

This Schedule, together with the Agreement to which it is annexed, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, representations and understandings, whether written or oral. Any amendment to this Schedule must be in writing and signed by authorized representatives of both parties.

Notices

Miscellaneous

If any provision of this Schedule is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect. Headings are for convenience only and do not affect interpretation.

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