Business Communication Letter to Member

BUSINESS COMMUNICATION LETTER TO MEMBER

Date:

RECITALS

WHEREAS, Company Name: is organized to provide business services and communications to its members and operates under the terms set forth herein;

WHEREAS, Member Name: holds membership status with Company and is entitled to receive formal communications and notices regarding membership obligations, benefits, and any proposed changes set forth in this letter;

WHEREAS, the parties desire to confirm the scope of services to be provided, the payment terms, the duration of the arrangement, and certain confidentiality and governing law provisions as set forth below.

SCOPE OF WORK

The Company will provide the following services and communications to the Member. The description below shall govern the nature and extent of performance unless otherwise amended in writing by authorized representatives of both parties.

PAYMENT TERMS

The Member shall pay the Company for services rendered in accordance with the following terms. All amounts are payable in United States dollars unless otherwise specified in writing.

Late payments not received within days of the invoice due date shall incur a late fee of on the outstanding balance, calculated monthly and compounded as permitted by law.

TERM AND TERMINATION

This letter and the obligations set forth herein commence on Start Date: and shall continue until End Date: , unless earlier terminated in accordance with this section.

Either party may terminate this communication or the underlying service arrangement for convenience upon providing written notice at least days to the other party. Either party may terminate immediately for material breach by the other party if such breach remains uncured for a period of thirty (30) days following written notice specifying the breach.

CONFIDENTIALITY

Each party acknowledges that in connection with the performance of this communication, it may receive Confidential Information of the other party. "Confidential Information" means non-public information disclosed in writing or orally that is identified as confidential at the time of disclosure. Each recipient shall (a) use Confidential Information solely for the purpose of performing its obligations under this letter, (b) restrict disclosure to its employees and agents who have a need to know and who are bound by obligations of confidentiality no less protective than those herein, and (c) protect the Confidential Information with at least the same degree of care used to protect its own confidential information, but in no event less than reasonable care.

Confidential Information does not include information that (i) is or becomes generally available to the public other than as a result of a breach of this obligation, (ii) is already known to the recipient at the time of disclosure, or (iii) is independently developed by the recipient without use of the disclosing party's Confidential Information.

GOVERNING LAW

This letter shall be governed by and construed in accordance with the laws of the State of , without regard to its conflict of laws principles. The parties submit to the exclusive jurisdiction of the state and federal courts located in that state for any action arising out of or relating to this letter.

ENTIRE AGREEMENT

This letter, together with any exhibits or written amendments signed by both parties, constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral, regarding such subject matter. Any modification or waiver of any provision of this letter must be in writing and signed by authorized representatives of both parties.

NOTICES AND CONTACTS

The Member is requested to acknowledge receipt and acceptance of the terms of this communication by signing below and returning a signed copy to the Company by the date indicated. Member Response Required By:

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