Business Accounts Template

BUSINESS ACCOUNTS TEMPLATE

This Business Accounts Agreement ("Agreement") is entered into by and between Client Name: and Service Provider Name: with an effective date of .

WHEREAS

WHEREAS, Client maintains one or more business accounts and requires account management, billing, reporting, and related administrative services for business operations; and

WHEREAS, Service Provider has the experience, personnel, systems, and legal authority to establish, manage, bill, and report on such accounts in accordance with the terms of this Agreement; and

WHEREAS, the parties desire to set forth the terms and conditions under which Service Provider will provide account setup, access management, invoicing, reconciliation, and related services.

SCOPE OF WORK

Services shall include, without limitation: account setup and configuration; designation and administration of Authorized Users; invoicing and payment collection; monthly reconciliation and reporting; dispute handling; maintenance of records required for audits; and reasonable cooperation with Client for regulatory compliance.

PAYMENT TERMS

Invoices issued by Service Provider are due in accordance with the billing schedule. Unless otherwise stated, payment is due within days of invoice date. Client shall be responsible for applicable taxes, duties, and any third-party fees unless expressly stated otherwise.

Delinquent payments shall accrue interest at the lesser of: per month, or a flat late fee of . Interest and fees shall be calculated from the invoice due date until paid in full.

TERM AND TERMINATION

This Agreement commences on Start Date: and continues until End Date: unless earlier terminated as provided below.

Upon termination, Client shall pay Provider for all services performed and reasonable expenses incurred through the effective date of termination. Provider shall deliver final account reports and return or, at Client's direction, securely destroy confidential information as set forth below.

CONFIDENTIALITY

"Confidential Information" means all non-public information disclosed by one party to the other, including account credentials, financial details, reports, customer lists, pricing, and technical or business information, whether disclosed orally, in writing, or electronically.

Receiving party shall: (a) use Confidential Information solely to perform its obligations under this Agreement; (b) restrict disclosure to employees and contractors with a need to know and who are bound by confidentiality obligations at least as protective as those herein; and (c) implement reasonable administrative, physical, and technical safeguards to protect Confidential Information.

Confidential Information shall not include information that is: (i) known to the receiving party prior to disclosure; (ii) becomes publicly available without breach of this Agreement; (iii) is rightfully received from a third party without breach of obligations; or (iv) is independently developed without reference to Confidential Information.

ACCOUNTS, ACCESS AND REPORTING

Provider shall maintain auditable logs of account access and activity and provide monthly reports to Client or more frequently as agreed. Provider's access to account credentials shall be limited to personnel performing the services and governed by strong authentication and encryption practices.

DISPUTE RESOLUTION

The parties shall attempt in good faith to resolve any dispute arising out of or relating to this Agreement by escalation to senior management. If unresolved within days after written notice, either party may pursue any available legal or equitable remedy.

INSURANCE AND INDEMNIFICATION

Each party shall maintain insurance customary for its business operations. Provider shall indemnify and hold harmless Client from claims arising from Provider's gross negligence or willful misconduct in performing the services. Client shall indemnify and hold harmless Provider from Client's negligent or wrongful misuse of account credentials or failure to provide necessary information.

GOVERNING LAW

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

ENTIRE AGREEMENT

This Agreement, together with any exhibits and written amendments signed by both parties, constitutes the entire agreement between the parties with respect to the subject matter and supersedes all prior agreements and understandings, whether written or oral. Any modification or waiver must be in writing and signed by an authorized representative of each party.

MISCELLANEOUS PROVISIONS

Neither party may assign this Agreement without the prior written consent of the other, except that either party may assign to an affiliate or in connection with a change of control or sale of substantially all its assets, provided the assignee assumes the assigning party's obligations. Notices under this Agreement must be delivered in writing to the addresses designated by the parties.

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