Business Polymatic Template

Business Polymatic Template

This General Business Agreement ("Agreement") is made and entered into as of by and between Client Name: with a principal place of business at , and Contractor Name: with a principal place of business at .

WHEREAS

WHEREAS, Client desires to engage Contractor to perform certain business, consulting, development, and related services consisting primarily of (the "Services");

WHEREAS, Contractor represents that Contractor has the necessary expertise, personnel, and resources to perform the Services in accordance with the terms and conditions set forth in this Agreement;

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

1. Scope of Work

Contractor shall provide the Services as described below. Contractor shall perform the Services in a professional and workmanlike manner and in accordance with the schedule set forth in this Agreement.

2. Payment Terms

Client shall pay Contractor for the Services in accordance with the following terms:

Late payments shall accrue a late fee and interest as set forth below.

3. 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 written notice to the other party at least days prior to the effective termination date. Either party may terminate for material breach if the breach is not cured within 30 days following written notice of such breach.

4. Confidentiality

"Confidential Information" means non-public information disclosed by one party ("Discloser") to the other party ("Recipient") that is designated as confidential or that reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure. Confidential Information includes, without limitation, business plans, technical data, pricing, customer lists, and trade secrets.

Recipient shall (a) hold Confidential Information in strict confidence; (b) use Confidential Information solely for the performance of this Agreement; and (c) not disclose Confidential Information to any third party except as expressly permitted in this Agreement. Recipient shall take reasonable measures to protect Confidential Information from unauthorized use or disclosure, but in no event less than reasonable care.

Upon termination or expiration of this Agreement, Recipient shall promptly return or destroy Confidential Information as requested by Discloser and certify in writing that such return or destruction has been completed.

5. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of , without regard to its conflict of laws principles. The parties submit to the exclusive jurisdiction of the state and federal courts located in that state for any dispute arising out of or relating to this Agreement.

6. Entire Agreement; Miscellaneous

This Agreement 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 must be in writing and signed by both parties.

Neither party may assign this Agreement without the prior written consent of the other, except that either party may assign to an affiliate or to a successor in interest in connection with a merger, acquisition, or sale of substantially all of its assets. The parties are independent contractors; nothing in this Agreement creates a partnership, joint venture, or employment relationship.

Signatures

Sign Now