Business Completed Packet

Business Completed Packet

This Business Completed Packet (the "Packet") is executed as of by and between Client Name: and Service Provider Name: .

Recitals

WHEREAS, Client engaged Service Provider to perform certain business services and deliverables described in this Packet and related attachments, and Service Provider has represented that it has completed those services in accordance with the agreed scope and standards; and

WHEREAS, the parties desire to document completion, deliverables, payment settlement, and the disposition of confidential materials, and to establish the terms governing final acceptance and closeout of the engagement.

WHEREAS, the parties confirm that the project identified as Project Name: located at: has reached completion as of the dates and deliveries set forth herein.

Scope of Work

Payment Terms

Contract Sum: $ . The parties agree that payment shall be made in accordance with the schedule below.

Deposit received: $ . Final payment due upon acceptance: $.

Late payment: Payments not received within days after the applicable due date shall incur a late fee equal to the greater of % per month or $ . Interest shall accrue on overdue balances in accordance with the foregoing rate.

Term and Termination

This Packet governs the final closeout of the engagement commencing on Start Date: and concluding on End Date: , unless earlier terminated in accordance with this section.

Either party may terminate this Packet for material breach upon days' prior written notice to the other party, during which the breaching party shall have an opportunity to cure. Termination shall not relieve any obligation to pay amounts accrued prior to termination.

Confidentiality

Each party acknowledges that during performance they may receive Confidential Information of the other party. "Confidential Information" means nonpublic business, financial, technical and customer information disclosed in tangible or intangible form. Receiving party shall: (a) use Confidential Information only for purposes of performing obligations under this Packet; (b) restrict access to those employees, agents, or contractors who have a need to know and who are bound by confidentiality obligations; and (c) return or destroy Confidential Information upon completion of the Packet or upon written request. The obligations in this paragraph shall survive termination for years.

Governing Law

This Packet shall be governed by and construed in accordance with the laws of the State of , without regard to conflict of laws principles.

Entire Agreement and Miscellaneous

This Packet, together with any attachments and referenced deliverables, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, proposals, and communications, whether oral or written. Any amendment to this Packet must be in writing and signed by authorized representatives of both parties.

Neither party may assign its rights or delegate its obligations under this Packet without the prior written consent of the other party, except that a party may assign to a successor in interest in connection with a merger, sale of substantially all assets, or similar corporate reorganization.

Attachments and Closeout Items

The following attachments are delivered with this Packet. Check all that apply:

Final Invoice

Certificate of Completion / Acceptance

Warranties and Guarantees

Other (describe below)

Acceptance and Certifications

By signing below, each party certifies that: (a) all services and deliverables described in the Scope of Work have been completed to the stated specifications except as expressly noted in writing; (b) all payments due through the date of signature have been identified in the Payment Schedule; and (c) the signatory has authority to execute this Packet on behalf of the signing party.

Sign Now