Business LO Package

Business LO Package

Client Name:   Provider Name:   Effective Date:

Recitals

WHEREAS, Provider is engaged in the business of providing business financing, consulting, or related commercial services and has the expertise, capacity and regulatory authorization (if applicable) to offer the products or services identified in this Letter of Offer Package;

WHEREAS, Client desires to retain Provider to perform the services and/or extend credit on the terms and conditions set forth in this Business LO Package and Provider is willing to provide such services and/or credit subject to these terms;

WHEREAS, the parties intend for this Business LO Package to constitute the offer of services, payment obligations, confidentiality protections, and other material terms that will govern their relationship upon mutual execution.

Scope of Work / Offer

Payment Terms

Late Payment: If any amount due remains unpaid beyond the due date, Client shall pay a late fee of of the overdue amount, plus interest thereafter at a rate of , until paid in full. All fees and charges are exclusive of taxes unless otherwise agreed.

Term and Termination

Term Commencement Date:   Term Expiration Date:

Either party may terminate this Business LO Package for convenience upon written notice to the other party delivered not fewer than days prior to the intended termination date. Either party may terminate immediately for material breach by the other party that remains uncured for a period of fifteen (15) days after written notice of such breach.

Confidentiality

Each party (the "Receiving Party") shall keep confidential and not disclose any non-public information provided by the other party (the "Disclosing Party") that is marked confidential or that reasonably should be understood to be confidential given its nature and the circumstances of disclosure ("Confidential Information"). Confidential Information shall not include information that is (a) publicly known through no fault of the Receiving Party; (b) rightfully obtained from a third party without breach of any obligation of confidentiality; or (c) independently developed by the Receiving Party without use of the Disclosing Party's Confidential Information.

The Receiving Party shall use Confidential Information solely for the purposes of performing obligations under this Business LO Package and shall disclose Confidential Information only to employees, contractors and professional advisors who have a legitimate need to know and who are bound by confidentiality obligations no less protective than those set forth herein. Upon termination or written request, the Receiving Party shall return or destroy Confidential Information as instructed by the Disclosing Party.

Representations; Warranties; Indemnity

Each party represents and warrants that it has the corporate or other authority to enter into this Business LO Package and to perform its obligations hereunder. Client shall indemnify, defend and hold harmless Provider from and against any third-party claims arising from Client's breach of representations, misuse of delivered materials, or failure to obtain required rights or consents.

Notices and Addresses

Governing Law; Dispute Resolution

This Business LO Package shall be governed by and construed in accordance with the laws of , without regard to its conflicts of laws principles. The parties agree to seek resolution of disputes in good faith by negotiation and, if unresolved, to submit disputes to binding arbitration in accordance with the parties' agreement to arbitrate.

Entire Agreement

This Business LO Package, including all schedules and attachments executed by the parties, constitutes the entire agreement between the parties with respect to its subject matter and supersedes all prior and contemporaneous agreements, proposals, representations and understandings, whether written or oral. No amendment or modification shall be effective unless in writing and signed by both parties.

Additional Terms

If any provision of this Business LO Package is held invalid or unenforceable, the remaining provisions shall continue in full force and effect. Neither party may assign this Business LO Package without the prior written consent of the other, except that Provider may assign to an affiliate or successor by operation of law.

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