Business Path Forward Template

BUSINESS PATH FORWARD TEMPLATE

This Business Path Forward Template (the Agreement) is entered into as of Effective Date: by and between:

Business Name:    Business Address:

Consultant Name:    Consultant Address:

RECITALS

WHEREAS, Business is engaged in the operation of its business and requires professional services to define strategic initiatives, operational improvements, and an executable plan to stabilize and grow operations; and

WHEREAS, Consultant has experience and expertise in business strategy, financial prioritization, and operational planning and is willing to provide such services to Business on the terms and conditions set forth in this Agreement; and

WHEREAS, the parties desire to set forth the scope, payment, term, confidentiality and other terms which will govern their relationship going forward.

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

SCOPE OF WORK

Consultant will provide professional services to develop a Business Path Forward plan including, without limitation, assessment of current operations, priority initiative identification, cash flow forecasting, resource allocation recommendations, a timeline of action items, and an implementation support plan. Deliverables, milestones, and acceptance criteria will be set forth below.

PAYMENT TERMS

Client shall pay Consultant the fees and expenses described herein in consideration for the services. Fees are exclusive of applicable taxes and third-party costs unless otherwise agreed in writing.

Unpaid amounts shall accrue interest at the lesser of (i) the maximum legal rate and (ii) % per month. In addition, a administrative fee of may be imposed for invoices more than days overdue.

TERM AND TERMINATION

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

Either party may terminate this Agreement for convenience upon providing written notice to the other party not less than days prior to the effective termination date. Upon termination, Client will pay Consultant for all services rendered and expenses incurred through the effective date of termination.

CONFIDENTIALITY

Each party (the Receiving Party) shall hold in confidence all non-public information disclosed by the other party (the Disclosing Party) that is designated confidential or that reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure ("Confidential Information"). The Receiving Party shall not use or disclose Confidential Information except to perform its obligations under this Agreement and shall protect such 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.

Confidentiality obligations shall remain in effect for a period of years following the termination or expiration of this Agreement, except that trade secrets shall remain protected for so long as they qualify as trade secrets.

GOVERNING LAW; DISPUTE RESOLUTION

This Agreement shall be governed by and construed in accordance with the laws of without regard to its conflicts of laws principles. The parties agree that disputes arising under this Agreement shall be resolved first by good faith negotiation between senior representatives. If negotiation fails, the parties shall submit disputes to binding arbitration before a single arbitrator in the county of the Business's principal place of business, unless the parties mutually agree otherwise.

ENTIRE AGREEMENT; AMENDMENT

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

MISCELLANEOUS PROVISIONS

The parties acknowledge that they have read and understand this Agreement and that they are authorized to enter into this Agreement on behalf of the entities they represent.

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