Business Pitch Document

Business Pitch Document

This Business Pitch Document (the "Document") is entered into as of Effective Date: by and between Pitch Provider Name: ("Pitch Provider") and Recipient Name: ("Recipient"). The Pitch Provider offers a business concept and supporting materials to the Recipient under the terms set forth below.

Recitals

WHEREAS, the Pitch Provider has developed and intends to present certain business ideas, product descriptions, market analyses and related materials (collectively, "Pitch Materials") concerning:

WHEREAS, the Recipient has an interest in evaluating the Pitch Materials for the purpose of potential investment, partnership, licensing or other commercial arrangements; and

WHEREAS, the parties wish to set forth the terms under which the Pitch Provider will present the Pitch Materials and the Recipient will evaluate the same, including payment, confidentiality, term, and related provisions.

Scope of Work

Payment Terms

Payments are due within days of invoice. Any undisputed amount not paid when due shall incur a late fee of % per month (or the maximum permitted by law), and a one-time administrative charge of .

Term and Termination

This Document shall commence on Start Date: and shall continue until End Date: , unless earlier terminated as set forth herein.

Either party may terminate for material breach if the breaching party fails to cure such breach within thirty (30) days after written notice. Termination shall not relieve either party of obligations accrued prior to the effective date of termination, including payment for services rendered and confidentiality obligations.

Confidentiality

The Recipient acknowledges that the Pitch Materials and any related information disclosed by the Pitch Provider are confidential and proprietary. The Recipient shall (a) use Confidential Information solely to evaluate the Pitch Materials for the purposes described herein; (b) not disclose Confidential Information to any third party except to those employees, agents or advisors who have a strict need to know and who are bound by confidentiality obligations no less protective than those herein; and (c) take reasonable measures to protect Confidential Information from unauthorized disclosure, but in no event less than reasonable care. "Confidential Information" does not include information that is or becomes generally known to the public through no fault of the Recipient, already known to the Recipient prior to disclosure, or independently developed without reference to the Pitch Materials.

Intellectual Property

All pre-existing intellectual property of each party remains the sole property of that party. Unless otherwise agreed in a separate written agreement signed by both parties, the Pitch Provider retains ownership of the Pitch Materials and any modifications, derivatives, or improvements thereto. No license or assignment of intellectual property rights is granted by this Document other than the limited right to evaluate the Pitch Materials.

Notices

Governing Law

This Document shall be governed by and construed in accordance with the laws of the jurisdiction of , without regard to conflict of law principles.

Entire Agreement; Amendments

This Document constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous understandings and agreements, whether written or oral. Any amendment or modification to this Document must be made in writing and signed by duly authorized representatives of both parties.

Miscellaneous

If any provision of this Document is found to be unenforceable, the remaining provisions will continue in full force and effect. No waiver of any provision shall be effective unless in writing and signed by the waiving party. Neither party may assign its rights under this Document without the prior written consent of the other, except to a successor in interest in connection with a merger or sale of substantially all assets.

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