Business Correspondence Updated Letter

BUSINESS CORRESPONDENCE UPDATED LETTER

Effective Date:

Parties

Company Name:

Correspondent Name:

Recitals

WHEREAS, Company Name: maintains business correspondence and contractual notices with Correspondent Name: ; and

WHEREAS, the parties desire to update the official correspondence and billing contact details and to confirm any related adjustments to service, payment, or notice procedures as set forth in this letter; and

WHEREAS, this Business Correspondence Updated Letter constitutes an agreement to effectuate those updates and, where applicable, to modify any prior correspondence instructions to the extent set forth below.

Updated Correspondence Details

By checking the box below, the parties acknowledge that the updated contact details above will be used for all notices, invoices, and other official correspondence unless otherwise agreed in writing.

Use updated details for notices, invoices, and official correspondence

Scope of Work

Payment Terms

Agreed Amount: $

Payment Schedule:

Late Payment Fee: (applies to overdue balances)

Any adjustments to invoicing or payment destination arising from the updated correspondence details shall be effective only upon receipt of written confirmation by the invoicing party and shall not relieve any outstanding obligations.

Term and Termination

Term Start Date:

Term End Date: (if applicable)

Either party may terminate as to future correspondence obligations upon written notice to the other party. Termination shall not affect accrued rights or obligations up to the effective date of termination.

Confidentiality

The parties acknowledge that any non-public information exchanged in connection with the updated correspondence or the Scope of Work shall be maintained in confidence and used solely for the purposes of performing the parties' obligations. Each party shall implement reasonable protections against unauthorized disclosure and shall limit disclosure to those employees or agents with a need to know. The obligations of confidentiality survive termination of this letter for a period of two (2) years.

Confidential Information does not include information that is or becomes publicly available other than by breach of this obligation, independently developed without use of the other's confidential information, or rightfully received from a third party without restriction.

Acknowledgement of Confidentiality: I acknowledge and agree to the confidentiality terms above

Governing Law

This letter shall be governed by and construed in accordance with the laws of the State of , without regard to conflict of law principles. Venue for any dispute arising under this letter shall lie exclusively in the state or federal courts located within that jurisdiction.

Entire Agreement

This Business Correspondence Updated Letter, together with any documents expressly incorporated herein, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, representations, and understandings, whether written or oral, relating to the same subject matter. Any amendment or modification of this letter must be in writing and signed by authorized representatives of both parties.

Representations

Each party represents that it has full corporate power and authority to enter into this letter and that the individual signing on its behalf is duly authorized to bind such party to the terms hereof.

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