Business Letterhead Template

BUSINESS LETTERHEAD TEMPLATE

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Letter Template

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General Business Agreement (Letterhead Attachment)

This General Business Agreement (the Agreement) is made as of between (hereinafter "Party A") and (hereinafter "Party B").

WHEREAS

WHEREAS, Party A is engaged in the business of providing certain products and professional services as described below; and

WHEREAS, Party B desires to retain Party A to perform such services under the terms set forth in this Agreement and Party A is willing to perform such services subject to the terms and conditions herein.

NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the parties agree as follows:

Scope of Work

Payment Terms

Total Compensation: $

Late Payment: In the event any undisputed amount is not paid when due, interest shall accrue on the overdue amount at the lesser of 1.5% per month or the maximum rate permitted by applicable law, plus reasonable costs of collection, including attorneys' fees.

Term and Termination

Term Commencement: This Agreement shall commence on and shall continue until unless earlier terminated in accordance with this Section.

Either party may terminate this Agreement for material breach by the other party if the breaching party fails to cure such breach within the notice period set forth above. Termination shall be without prejudice to any rights or remedies accrued prior to termination.

Confidentiality

Each party acknowledges that, in the course of performance, it may receive Confidential Information of the other party. "Confidential Information" means non-public information designated as confidential or that, under the circumstances, a reasonable person would understand to be confidential. Each party shall: (a) protect the other's Confidential Information with at least the same degree of care it uses to protect its own confidential information but no less than a reasonable degree of care; (b) use Confidential Information solely to perform obligations under this Agreement; and (c) not disclose Confidential Information to third parties except to employees, agents, or professional advisors who have a need to know and who are bound to confidentiality obligations no less restrictive than those set forth herein. The obligations of confidentiality shall survive termination of this Agreement for a period of three (3) years, except for trade secrets, which shall remain protected as permitted by law.

Governing Law and Dispute Resolution

Governing Law: This Agreement shall be governed by and construed in accordance with the laws of , without regard to its conflicts of law principles.

Disputes arising out of or relating to this Agreement shall be resolved by binding arbitration in accordance with generally accepted arbitration procedures. The arbitrator shall have authority to award fees and expenses as permitted by applicable law. Notwithstanding the foregoing, either party may seek injunctive or equitable relief in a court of competent jurisdiction to protect intellectual property or Confidential Information.

Representations, Warranties, and Indemnification

Each party represents and warrants that it has the full power and authority to enter into this Agreement and to perform its obligations. Party A warrants that services will be performed in a professional manner consistent with industry standards. Each party shall indemnify, defend and hold harmless the other party from and against any claims, losses or liabilities resulting from a breach of this Agreement, negligence, willful misconduct, or violation of law.

Entire Agreement; Amendments

This Agreement, including any attachments or incorporated schedules, constitutes the entire agreement between the parties relating to the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether written or oral. Any amendment or modification of this Agreement must be in writing and signed by authorized representatives of both parties.

Notices

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