Business Accommodation Terms

BUSINESS ACCOMMODATION TERMS

This Business Accommodation Terms (the Agreement) is made and entered into as of Effective Date: by and between Provider Name: and Client Name: .

Provider and Client Information

WHEREAS

WHEREAS, Provider operates accommodation facilities and services located at (the Premises), and has authority to make available accommodations to business guests under the terms set forth herein;

WHEREAS, Client requires temporary business accommodation and ancillary services for personnel, contractors, or visiting clients and seeks to retain Provider to supply such accommodation on the terms and conditions contained in this Agreement;

WHEREAS, the parties desire to set forth their respective rights and obligations regarding the provision, payment and use of the accommodation and related services.

SCOPE OF ACCOMMODATION

Provider shall furnish the accommodation, bedding, utilities, cleaning and other services specifically described below. The parties agree that the Scope shall include any special setup, equipment, or catering only if expressly listed and agreed in writing.

Cleaning services included Linen services included Meeting space access included

PAYMENT TERMS

Client shall pay Provider the Fees described below in consideration for the accommodation and services. All sums are payable in U.S. dollars unless otherwise agreed in writing.

Late payments shall incur a late fee equal to the greater of (i) % per month on overdue balances or (ii) a flat fee of $ per late payment. Client shall additionally be responsible for all reasonable collection costs, including attorneys' fees, incurred by Provider in collecting overdue amounts.

TERM AND TERMINATION

The term of this Agreement shall commence on Start Date: and shall continue until End Date: , unless earlier terminated as provided herein.

Either party may terminate this Agreement for convenience by providing the other party with written notice at least days prior to the intended termination date. Termination for material breach may be effected by the non-breaching party if the breaching party fails to cure a material breach within thirty (30) days after receipt of written notice specifying the breach, or immediately if the breach is incapable of cure.

CONFIDENTIALITY

Each party acknowledges that in the course of performance it may obtain confidential or proprietary information of the other party ("Confidential Information"). Each party shall hold Confidential Information in strict confidence and shall not disclose it to any third party except to those employees, contractors or agents who have a need to know and who are bound by confidentiality obligations no less restrictive than those contained herein. The foregoing shall not apply to information that (a) is or becomes generally available to the public through no act or omission of the receiving party, (b) is rightfully received from a third party without restriction, (c) is independently developed by the receiving party without use of Confidential Information, or (d) is required to be disclosed by law, provided the disclosing party gives prompt written notice and cooperates to limit disclosure.

INSURANCE; INDEMNITY

Provider shall maintain commercial general liability insurance covering the Premises. Client shall maintain liability insurance covering its employees and invitees while on the Premises. Each party shall indemnify, defend and hold harmless the other party from and against any third-party claims, liabilities, losses, costs and expenses (including reasonable attorneys' fees) arising out of the indemnifying party's negligence or willful misconduct in connection with this Agreement; provided, however, that neither party shall be liable for indirect, incidental, consequential or punitive damages except to the extent such damages arise from the party's gross negligence or willful misconduct.

COMPLIANCE WITH LAWS

Each party shall comply with all applicable laws, regulations and ordinances in the performance of its obligations under this Agreement. Client shall ensure that its personnel and guests comply with Provider's reasonable rules and policies governing use of the Premises.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to its conflicts of law principles.

ENTIRE AGREEMENT

This Agreement, including any exhibits or attachments expressly incorporated herein, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations and discussions, whether oral or written. No amendment or modification of this Agreement shall be effective unless in writing and signed by authorized representatives of both parties.

MISCELLANEOUS

Notices under this Agreement shall be in writing and delivered to the contacts set forth above. If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect. The parties acknowledge that remedies at law for breach of confidentiality or proprietary rights may be inadequate and that either party may seek injunctive relief in addition to other remedies.

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