Business Bega Template

BUSINESS BEGA TEMPLATE

THIS GENERAL BUSINESS AGREEMENT (the "Agreement") is entered into as of Effective Date: by and between Client Name: and Service Provider Name: .

RECITALS

WHEREAS, Client Name: engages in business activities requiring specialized goods or services; and

WHEREAS, Service Provider Name: has represented that it possesses the capability and expertise to perform the services described herein; and

WHEREAS, the parties desire to set forth the terms and conditions under which Service Provider will provide such services to Client.

SCOPE OF WORK

PAYMENT TERMS

Invoices shall be submitted in accordance with the Payment Schedule. Payments are due within days of receipt of an undisputed invoice. Late payments shall bear interest as set forth below.

If any payment due under this Agreement is not paid within the time specified above, in addition to any other remedies available at law or in equity, the unpaid amount will accrue interest at the rate specified in late_fee_percentage above, not to exceed the maximum lawful rate.

TERM AND TERMINATION

The term of this Agreement shall commence on Start Date: and shall continue until End Date: unless earlier terminated in accordance with this Section.

Either party may terminate this Agreement for convenience upon written notice delivered to the other party no fewer than days prior to the effective date of termination. Either party may terminate immediately for material breach by the other party if such breach remains uncured for a period of thirty (30) days after written notice of such breach.

CONFIDENTIALITY

"Confidential Information" means any non-public information disclosed by one party to the other, whether oral, written or electronic, that is designated as confidential or that reasonably should be understood to be confidential. Each party shall: (a) hold Confidential Information in strict confidence using at least the same degree of care it uses to protect its own confidential information but no less than reasonable care; (b) not disclose Confidential Information to any third party except as permitted herein; and (c) use Confidential Information solely to perform its obligations under this Agreement. Confidential Information shall not include information that: (i) is or becomes publicly known through no breach of this Agreement; (ii) is rightfully received from a third party without restriction; (iii) is independently developed without use of the disclosing party's Confidential Information; or (iv) is required to be disclosed by law, provided the receiving party provides prompt written notice and cooperates to seek protective measures.

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.

ENTIRE AGREEMENT

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

NOTICES

Notices shall be in writing and shall be deemed given upon personal delivery, upon confirmed delivery by nationally recognized overnight courier, or three (3) days after deposit in the U.S. mail, postage prepaid, certified or registered, return receipt requested, to the addresses provided above or to such other address as either party may designate by notice to the other.

MISCELLANEOUS PROVISIONS

If any provision of this Agreement is held invalid or unenforceable, the remaining provisions will remain in full force and effect. Neither party may assign this Agreement without the prior written consent of the other, except to an affiliate or successor in interest. The parties are independent contractors; nothing in this Agreement creates a partnership, joint venture, agency or employment relationship.

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