Business Cost Document

Business Cost Document

This Business Cost Document (the "Document") is entered into by and between Provider Name: and Client Name: . The parties agree as set forth below, effective as of Effective Date: .

WHEREAS

WHEREAS, Provider is engaged in the business of providing goods and services identified in this Document and possesses the knowledge, personnel and resources necessary to perform the scope of work; and

WHEREAS, Client desires to engage Provider to deliver the goods and services and to document the anticipated costs, payment schedule and related terms governing such engagement; and

WHEREAS, the parties intend this Document to operate as a binding statement of estimated costs and payment obligations, subject to the terms and conditions set forth below.

Scope of Work

Itemized Costs

Enter each cost element below. Unit totals will be used to calculate subtotal and total cost.

Payment Terms

The parties agree to the following payment terms which constitute the payment obligations for the Total Estimated Cost.

Term and Termination

This Document commences on Start Date: and, unless earlier terminated in accordance with this section, expires on End Date: .

Either party may terminate this Document for convenience by providing written notice no fewer than days prior to the intended termination date. Termination for cause may occur immediately upon written notice if a material breach is not cured within 15 days following written demand for cure.

Confidentiality

Each party acknowledges that in connection with this Document it may receive Confidential Information of the other party. "Confidential Information" means nonpublic business or technical information disclosed in written, electronic or oral form and identified as confidential at the time of disclosure or that reasonably should be understood to be confidential. Each party shall: (a) use Confidential Information only to perform its obligations under this Document; (b) restrict disclosure to its employees, agents or subcontractors who have a need to know and are bound by confidentiality obligations no less protective than those herein; and (c) exercise at least the same degree of care it uses to protect its own confidential information, but no less than reasonable care.

Confidential Information shall not include information that: (i) is or becomes generally known to the public through no fault of the receiving party; (ii) was in the receiving party's possession prior to receipt from the disclosing party without restriction; (iii) is independently developed by the receiving party without use of the disclosing party's Confidential Information; or (iv) is rightfully obtained from a third party without restriction.

Notices

Governing Law

This Document shall be governed by and construed in accordance with the laws of the State of without regard to its conflict of law principles. The parties agree that disputes arising under this Document shall be subject to the exclusive jurisdiction of the state and federal courts located within that State.

Entire Agreement

This Document, together with any exhibits and attachments expressly incorporated herein, constitutes the entire agreement between the parties regarding the subject matter and supersedes all prior and contemporaneous agreements, proposals and representations, whether written or oral. Any amendment or modification must be in writing and signed by authorized representatives of both parties.

Acceptance and Certification

By signing below, each party certifies that it is authorized to bind the entity on whose behalf it signs, that it has reviewed and agrees to the costs and terms set forth in this Document, and that it accepts responsibility for timely payment in accordance with the Payment Terms.

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