Business Connection Template

BUSINESS CONNECTION AGREEMENT

This Business Connection Agreement (the "Agreement") is made effective as of Effective Date: by and between Connector Name: and Recipient Name: (each a "Party" and together the "Parties").

WHEREAS

WHEREAS, Connector maintains business relationships, industry contacts and market knowledge relevant to Recipient's business development objectives and is willing to make introductions and otherwise facilitate business connections on the terms set forth in this Agreement.

WHEREAS, Recipient desires to engage Connector to introduce potential clients, customers or strategic partners and agrees to compensate Connector in accordance with the Payment Terms below.

WHEREAS, the Parties desire to set forth their respective rights and obligations with respect to such introductions and any resulting commercial opportunities.

SCOPE OF WORK

Connector shall use commercially reasonable efforts to introduce Recipient to prospective clients, customers, or partners (each an "Introduction"). Connector does not guarantee results, engagement, or contract award as a result of any Introduction. The specific services to be provided by Connector, timing of introductions, and any performance milestones shall be described below.

PAYMENT TERMS

Recipient agrees to compensate Connector for successful Introductions that result in a Transaction (defined as an executed agreement for goods or services between Recipient and a party introduced by Connector). Payment shall be calculated and paid as set forth below.

Fixed fee per Transaction:

Percentage of Transaction value: %

Late Payment: Any past-due amounts shall accrue interest at the lesser of one and one-half percent (1.5%) per month or the maximum rate permitted by applicable law. Recipient shall also be responsible for any reasonable collection costs and attorneys' fees incurred by Connector in collecting past-due payments.

TERM AND TERMINATION

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

Termination for Cause: Either Party may terminate this Agreement immediately upon written notice if the other Party materially breaches this Agreement and fails to cure such breach within thirty (30) days following receipt of written notice specifying the breach.

CONFIDENTIALITY

Definition: "Confidential Information" means 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 given the nature of the information and the circumstances of disclosure, including but not limited to business plans, customer lists, pricing, technical information and financial data.

Obligations: Receiving Party shall (i) hold Confidential Information in strict confidence, (ii) use Confidential Information solely to evaluate and perform under this Agreement, and (iii) restrict disclosure to employees, agents or advisors who have a need to know and who are bound by confidentiality obligations at least as protective as those herein. Receiving Party shall use no less than reasonable care to protect Confidential Information.

Exceptions: Confidential Information does not include information that (a) is or becomes publicly available without breach of this Agreement by Receiving Party, (b) was lawfully in Receiving Party's possession prior to disclosure by Disclosing Party, (c) is rightfully received by Receiving Party from a third party without restriction, or (d) is independently developed by Receiving Party without use of or reference to the Disclosing Party's Confidential Information.

Survival: The obligations of confidentiality shall survive termination of this Agreement for a period of three (3) years, except that trade secrets shall remain protected for so long as they qualify as trade secrets under applicable law.

GOVERNING LAW

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

ENTIRE AGREEMENT

This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous oral or written agreements, understandings and communications. Any amendment or modification must be in writing and signed by authorized representatives of both Parties.

NOTICES

Connector Contact Information

Recipient Contact Information

MISCELLANEOUS

Assignment: Neither Party may assign its rights or delegate its obligations under this Agreement without the prior written consent of the other Party, except that either Party may assign this Agreement to an affiliate or in connection with a merger, acquisition or sale of substantially all of its assets.

Severability: If any provision of this Agreement is held invalid or unenforceable, the remaining provisions shall continue in full force and effect to the maximum extent permitted by law.

Sign Now