Business End Summary

BUSINESS END SUMMARY

This Business End Summary documents the final account, completion, transfer of deliverables, and final payment arrangements under the agreement referenced below. It is intended to effect final acceptance, identify outstanding items (if any), and confirm obligations that survive termination.

Contract Reference & Parties

Client Name:     Provider Name:

Contract Number:     Effective Date:

WHEREAS

WHEREAS, Client Name is the party that engaged Provider Name to perform the services and deliverables described in the above-referenced contract; and

WHEREAS, Provider Name represents that it has substantially completed the work described in the contract and that the items listed in this Business End Summary reflect the final status and financial reconciliation of the project; and

WHEREAS, the parties intend by this writing to record final acceptance, payment instructions, any retained obligations, and the continuing confidentiality and warranty obligations as set forth below.

Scope of Work — Final Summary

Payment Terms

Final Invoice Number:     Payment Received:

Late Fee / Interest on Unpaid Amounts:

Term and Termination

Contract Start Date:     Completion / Substantial Completion Date:

Either party may terminate for material breach if such breach remains uncured after days' written notice. Termination does not affect obligations that by their nature survive termination, including payment, confidentiality, and warranty obligations.

Confidentiality

Each party acknowledges that in performing obligations and completing the project it may receive Confidential Information of the other party. Confidential Information shall mean non-public business information disclosed in connection with the contract, whether oral, written, or electronic. Each party shall: (a) use such Confidential Information only for purposes of performing obligations hereunder; (b) restrict disclosure to its employees, agents, or subcontractors with a need to know and who are bound by confidentiality obligations at least as protective as those set forth herein; and (c) return or destroy Confidential Information upon final payment or at the disclosing party's written request.

Confidentiality obligations shall survive termination or expiration of the contract for a period of or for such longer period as required by applicable law.

Warranties, Releases, and Final Acceptance

By signing below Client certifies final acceptance of the completed work except for the outstanding items identified above. Provider warrants that work performed conforms to the contract specifications and is free of defects for a period of from the date of final acceptance.

Upon receipt of final payment as set forth above, Provider releases Client from claims for payment of sums for work performed through the final invoice date, except claims expressly reserved in writing in this Business End Summary.

Governing Law

This Business End Summary and any dispute arising out of or related to it shall be governed by and construed in accordance with the laws of the State of , without regard to choice-of-law rules.

Entire Agreement

This Business End Summary constitutes the entire agreement between the parties with respect to the matters addressed herein and supersedes any prior or contemporaneous oral or written agreements specifically to the extent they relate to final acceptance, payment reconciliation, and the items set forth herein. Any modification of this Business End Summary must be in writing and signed by authorized representatives of both parties.

Acknowledgement and Certifications

The undersigned representatives certify that they are authorized to execute this Business End Summary on behalf of their respective parties, that the information contained herein is accurate to the best of their knowledge, and that execution of this document effects final acceptance and settlement as indicated unless otherwise expressly reserved above.

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