Business Additives Document

Business Additives Document

This Business Additives Document ("Agreement") is entered into as of Effective Date: by and between Client Name: and Provider Name: .

Recitals

WHEREAS, Client engages in commercial operations and seeks to incorporate certain additives, enhancements or complementary services into its business operations (collectively, "Additives"); and

WHEREAS, Provider represents that it has the expertise, personnel and lawful authority to supply, install, integrate and support the Additives described in this Agreement and to perform the related advisory services; and

WHEREAS, the parties desire to set forth the terms and conditions under which Provider will deliver the Additives and related services to Client.

Scope of Work

Provider shall perform the services and deliver the goods described below. Provider shall use commercially reasonable efforts to meet any timetable set forth in this Agreement and to perform in accordance with industry standards. Specific deliverables, acceptance criteria and implementation responsibilities are set forth in the Scope of Work field below.

Payment Terms

Client shall pay Provider for the Additives and services in accordance with the terms set forth below. All amounts are in lawful currency unless otherwise agreed in writing.

Payment is due in accordance with invoices issued by Provider. If Client fails to pay any undisputed amount by the due date, Provider may suspend performance after providing written notice and a ten (10) day opportunity to cure, unless otherwise required by law.

Term and Termination

This Agreement commences on Start Date: and, unless earlier terminated as provided herein, expires on End Date: .

Either party may terminate this Agreement for material breach by the other party if the breaching party fails to cure the breach within the notice period specified above. Termination shall not relieve Client of its obligation to pay for services and Additives delivered prior to termination, nor relieve Provider of its obligation to return Client property and confidential information.

Confidentiality

Each party shall maintain in confidence all proprietary, non-public information disclosed by the other party in connection with this Agreement ("Confidential Information"). Confidential Information shall not include information that is (a) already known to the receiving party without obligation of confidentiality, (b) or becomes publicly known through no fault of the receiving party, (c) or is rightfully received from a third party without restriction, or (d) is independently developed by the receiving party. The receiving party shall use at least the same degree of care to protect Confidential Information as it uses to protect its own confidential information, but in no event less than reasonable care.

By checking this box, the signer warrants that they have read and accept the confidentiality obligations contained herein.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of , without regard to its conflict of laws principles. Venue for any legal action arising under this Agreement shall be in the courts located within that State, unless agreed otherwise in writing.

Entire Agreement

This Agreement, including any attachments, exhibits and the Scope of Work set forth above, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, proposals, negotiations and representations, whether written or oral. No amendment or waiver will be binding unless executed in writing by duly authorized representatives of both parties.

IN WITNESS WHEREOF, the parties have executed this Agreement through their duly authorized representatives as of the Effective Date set forth above.

Sign Now