Business Non-Statutory Document Template

BUSINESS NON-STATUTORY DOCUMENT TEMPLATE

This General Business Agreement (the Agreement) is entered into as of by and between Client Name: and Service Provider Name: .

RECITALS

WHEREAS, Client Name is engaged in the business of operating and managing commercial activities and requires certain services in connection with its business operations; and

WHEREAS, Service Provider Name possesses expertise, personnel, and resources necessary to perform the services described in this Agreement and is willing to provide such services to Client Name on the terms and conditions set forth herein; and

NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

SCOPE OF WORK

Service Provider shall perform the services described below in a professional and workmanlike manner consistent with industry standards. The parties may amend the scope in writing when mutually agreed.

PAYMENT TERMS

Client shall pay Service Provider the fees and expenses described below. All fees are exclusive of taxes unless otherwise indicated.

Service Provider shall submit invoices in accordance with the Payment Schedule. Client shall pay undisputed amounts within days of receipt of a correct invoice. Disputed amounts shall be resolved in good faith and any undisputed portion shall remain payable.

Past due amounts shall accrue interest at the lesser of (a) or (b) the maximum rate permitted by law, calculated monthly on the outstanding balance.

TERM AND TERMINATION

This Agreement shall commence on the Start Date and continue until the End Date unless earlier terminated in accordance with this Section.

Start Date:

End Date:

Either party may terminate this Agreement for convenience upon written notice to the other party given at least days prior to the effective date of termination. Upon termination, Client shall pay Service Provider for all services performed and approved expenses incurred through the effective date of termination.

CONFIDENTIALITY

"Confidential Information" means non-public information disclosed by one party to the other, whether disclosed orally, in writing, or by inspection, that is designated as confidential or that reasonably should be understood to be confidential. Confidential Information excludes (a) information already known to the recipient without restriction at the time of disclosure; (b) information that becomes generally available to the public through no wrongful act of the recipient; and (c) information rightfully received by the recipient from a third party without restriction.

The recipient shall (i) use Confidential Information solely to perform its obligations under this Agreement, (ii) restrict disclosure of Confidential Information to its employees, contractors, and advisors who have a need to know and who are bound by confidentiality obligations at least as protective as those set forth herein, and (iii) take reasonable measures to protect Confidential Information from unauthorized disclosure. The obligations of confidentiality shall survive termination or expiration of this Agreement for a period of .

If a recipient is compelled by law to disclose Confidential Information, the recipient shall provide prompt written notice to the disclosing party (to the extent legally permitted) so that the disclosing party may seek protective relief or waive compliance.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to its conflicts of law principles. The parties submit to the exclusive jurisdiction of the courts located in that State for any disputes arising out of this Agreement.

ENTIRE AGREEMENT

This Agreement, together with any attachments and written amendments executed by the parties, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, proposals, and communications, whether oral or written. No amendment or modification of this Agreement shall be binding unless in writing and signed by authorized representatives of both parties.

NOTICES

All notices under this Agreement shall be in writing and delivered to the addresses below by hand, nationally recognized courier, or certified mail (return receipt requested), or by email where receipt is acknowledged by the receiving party.

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