Business Gross Document

BUSINESS GROSS DOCUMENT

This Business Gross Document (the Agreement) is entered into as of Effective Date: by and between Provider Name: and Client Name: .

RECITALS

WHEREAS, Provider is retained to prepare, review and certify statements of gross business receipts and related schedules reflecting the gross revenue of the business listed as Business Name: for the Reporting Period commencing and ending .

WHEREAS, Client requires an accurate statement of gross receipts (Gross Receipts) for use in business valuations, financing, regulatory filings, or internal reporting, and Provider has the skill and capacity to perform such services under the terms below.

NOW, THEREFORE, in consideration of the mutual promises contained herein, the parties agree as follows.

SCOPE OF WORK

Provider will compile Gross Receipts in accordance with generally accepted accounting principles to reflect gross income before deduction of returns, allowances, or costs. Provider's deliverable shall include a certified statement of Gross Receipts and a listing of supporting schedules and source documents supplied by Client. Certified Gross Amount: .

PAYMENT TERMS

Fees: Client shall pay Provider a fee of for the services described above. This fee covers the preparation and certification of Gross Receipts as defined in this Agreement.

Payments are due within days of invoice receipt. Late payments shall accrue interest at a rate of % per month (or the maximum permitted by law), plus a late charge of .

Additional services outside the Scope of Work will be billed at per hour, subject to prior written authorization by Client.

TERM AND TERMINATION

Term: This Agreement commences on Start Date: and continues through End Date: unless earlier terminated as provided herein.

Either party may terminate this Agreement for convenience upon providing written notice to the other party at least days prior to the effective termination date. Either party may terminate immediately for material breach if such breach remains uncured for more than thirty (30) days after written notice, or immediately for cause in the event of fraud, gross negligence, or willful misconduct.

CONFIDENTIALITY

Definition: "Confidential Information" means all non-public business, financial, technical and operational information disclosed by either party to the other in any form that is marked confidential or that a reasonable person would understand to be confidential under the circumstances.

Obligations: Receiving party shall: (a) use Confidential Information only to perform its obligations under this Agreement; (b) restrict disclosure to those employees, agents or advisors with a need to know and under binding obligations of confidentiality no less protective than those herein; and (c) protect Confidential Information with at least the same degree of care it uses to protect its own confidential information, but no less than reasonable care.

Exceptions: Confidential Information does not include information that (i) is or becomes publicly available through no breach of this Agreement; (ii) was known to receiving party prior to disclosure; (iii) is rightfully received from a third party without restriction; or (iv) is independently developed by receiving party without use of the disclosing party's Confidential Information. Disclosure compelled by law or order is permitted if receiving party provides prompt written notice and cooperates in seeking a protective order.

REPRESENTATIONS AND WARRANTIES

Each party represents that it has full corporate or individual power and authority to enter into and perform this Agreement. Client represents that all documents and information provided to Provider necessary for the determination of Gross Receipts are true, complete and accurate to the best of Client's knowledge. Provider represents that services will be performed in a professional and workmanlike manner consistent with applicable professional standards.

LIMITATION OF LIABILITY

Except for liability arising from willful misconduct or gross negligence, neither party shall be liable to the other for consequential, incidental, special or punitive damages. Provider's aggregate liability for any claim arising under this Agreement shall not exceed the fees paid by Client to Provider for the specific services giving rise to the claim.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of , without regard to 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 agreements, understandings, negotiations and discussions, whether oral or written. Any amendment or modification must be in writing and signed by both parties.

MISCELLANEOUS

Severability: If any provision of this Agreement is held invalid or unenforceable, the remainder of this Agreement shall remain in full force and effect. Waiver of any breach shall not constitute waiver of any other or subsequent breach. Notices shall be in writing and delivered to the parties at their principal addresses.

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