Business AAI Checklist

BUSINESS AAI CHECKLIST

Parties

Recitals

WHEREAS, Service Provider: provides technical and operational services relating to account access integration, data aggregation, and associated administrative integration (collectively, "AAI Services");

WHEREAS, Client: requires AAI Services and desires to document the required controls, tasks, deliverables and acceptance criteria using this checklist and agreement;

WHEREAS, the parties intend for this Business AAI Checklist to set forth the scope, deliverables, payment terms, confidentiality obligations and other material terms governing the provision of AAI Services between the parties effective as of the Effective Date:

Scope of Work

The Service Provider shall perform the AAI Services described below. The description identifies required tasks, configuration items, testing, acceptance criteria and responsibilities:

AAI Checklist Items (Complete/Confirm)

For each item below, check to confirm completion and provide notes where applicable.

Payment Terms

Total Fee: $

Late Fee:   Grace Period (days):

Invoices shall reference the applicable milestone or deliverable and be payable within days of receipt unless otherwise set forth in the Payment Schedule.

Term and Termination

Term Commencement Date: — Term Expiration Date:

Either party may terminate this Agreement for material breach by the other party if such breach remains uncured for days after written notice. Either party may terminate for convenience upon days' prior written notice.

Upon termination, Service Provider shall deliver a final status report of outstanding AAI items, return or securely delete Client data as directed, and invoice for all earned but unpaid fees through the effective termination date.

Confidentiality

Each party (the "Receiving Party") shall hold confidential and not disclose to any third party any Confidential Information of the other party (the "Disclosing Party") except as required for performance of this Agreement. "Confidential Information" includes all non-public business, technical and security information related to the AAI Services, system configurations, credentials, specifications and personal data. Confidentiality obligations will survive termination for a period of three (3) years, except that trade secrets will be protected for as long as they remain trade secrets under applicable law.

Exceptions: Confidential Information does not include information that is (i) publicly known through no breach by the Receiving Party; (ii) lawfully received from a third party without restriction; or (iii) independently developed by the Receiving Party without use of the Disclosing Party's Confidential Information.

Governing Law; Entire Agreement

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to choice-of-law principles. Venue for any dispute shall be in the state or federal courts located within that state.

Entire Agreement: This Business AAI Checklist, together with any referenced appendices or statements of work, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior proposals, negotiations and agreements, whether written or oral, relating thereto. No modification will be binding unless executed in writing and signed by authorized representatives of both parties.

Representations; Compliance

Each party represents that it has the full corporate power and authority to enter into this Agreement, and that in performing its obligations it will comply with all applicable laws, regulations and industry standards, including data protection and security obligations applicable to AAI Services.

Acceptance

Deliverables or milestones will be deemed accepted when Client provides written notice of acceptance or fails to provide a written rejection with specific, reasonable deficiencies within business days after delivery.

Sign Now