Business Inventory Proposal

Business Inventory Proposal

Proposal Date:

Parties

Recitals

WHEREAS, Service Provider is engaged in the business of performing comprehensive inventory assessments, valuation and documentation services and possesses the personnel, skill and equipment necessary to provide such services; and

WHEREAS, Client desires to retain Service Provider to perform an inventory survey and prepare a detailed inventory report and related recommendations for Client's business premises as set forth below; and

WHEREAS, the parties wish to set forth the scope, terms, compensation and confidentiality obligations applicable to the proposed inventory services.

Scope of Work

Service Provider shall perform the following inventory services at the location(s) identified by Client and during the agreed schedule:

Services include physical counts, condition assessment, identification of serial numbers and tags where present, photographic documentation, valuation estimates based on mutually agreed methodologies, and delivery of a written inventory report.

Itemized Inventory (Sample Lines)

Complete the expected inventory items below. Final inventory list and totals will be confirmed upon completion of on-site work.

Payment Terms

In consideration for the Services, Client agrees to pay Service Provider as follows.

All fees are due in accordance with the Payment Schedule. Late payments shall accrue interest and may result in suspension of Services until outstanding balances are paid. Client is responsible for reasonable collection costs, including attorney fees, for delinquent accounts.

Term and Termination

This Proposal, when accepted by Client, shall govern Services for the period set forth below unless earlier terminated as provided.

Start Date:     End Date:

Either party may terminate for convenience upon the delivery of the required written notice. Either party may terminate immediately for material breach that remains uncured after the notice period. Termination does not relieve Client’s obligation to pay for Services performed through the effective date of termination and for reasonable wind‑down costs.

Confidentiality

Each party shall maintain in confidence all non-public information disclosed by the other party relating to operations, inventory details, pricing, customers, trade secrets and other information that is designated as confidential or that reasonably should be understood to be confidential ("Confidential Information"). Confidential Information shall not include information that is (a) already known to the recipient without obligation of confidentiality, (b) independently developed by the recipient, (c) rightfully received from a third party without restriction, or (d) generally available to the public other than by breach of this Agreement.

The recipient shall use Confidential Information only to perform its obligations under this Proposal, shall limit access to its employees and contractors with a need to know, and shall promptly return or destroy Confidential Information upon request. If disclosure is compelled by law or valid process, recipient shall give prompt written notice to the disclosing party to permit a protective order or other remedy and shall disclose only the minimum required.

Governing Law

This Proposal and any resulting agreement shall be governed by and construed in accordance with the laws of the State of , without regard to principles of conflicts of law.

Entire Agreement

This Proposal, together with any attachments or schedules expressly incorporated herein, constitutes the entire agreement between the parties regarding the subject matter and supersedes all prior and contemporaneous agreements, representations and understandings, whether written or oral. No amendment shall be effective unless in writing and signed by authorized representatives of both parties.

Acceptance

By signing below, Client accepts this Business Inventory Proposal and authorizes Service Provider to commence Services in accordance with the terms set forth herein.

I confirm acceptance of the Proposal and authorize Services as described.

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