Business Proposal Approval Sheet

Business Proposal Approval Sheet and Agreement

Administrative Details

Submitted By:   Company Name:

Department/Business Unit:   Date Submitted:

WHEREAS Recitals

WHEREAS, Company Name: has prepared and submitted a written proposal described herein (the "Proposal");

WHEREAS, Approving Party: has authority to review and approve proposals for the Business Unit identified above; and

WHEREAS, the parties intend by this Business Proposal Approval Sheet and Agreement to document the scope, compensation, timeline and conditions under which the Proposal will be accepted and implemented.

Scope of Work

The Provider will perform the work described in the Proposal. The parties agree to the following scope and deliverables:

Payment Terms

Total Agreed Compensation:

Invoices Due: days from receipt of invoice.

Late Payment Charge: . Such charge accrues on the outstanding balance until paid in full.

All payments shall be made in United States Dollars unless otherwise agreed in writing.

Term and Termination

Term Commencement Date:   Term End Date:

Either party may terminate this Agreement for convenience upon written notice delivered at least days prior to the intended termination date. Termination for material breach shall be effective immediately upon written notice if the breaching party fails to cure within a commercially reasonable period not to exceed 30 days.

Upon termination, the Provider shall be entitled to payment for all work satisfactorily performed through the effective date of termination, subject to setoffs for damages or unperformed obligations.

Confidentiality

Each party will keep confidential all non-public information disclosed by the other in connection with the Proposal and this Agreement ("Confidential Information"). Confidential Information may not be used for any purpose other than performance under this Agreement and must not be disclosed except to employees, contractors or advisors who have a need to know and who are bound by confidentiality obligations no less protective than those herein.

Confidential Information excludes information that (i) is or becomes publicly available other than through a breach of this Agreement, (ii) is rightfully received from a third party without restriction, or (iii) is independently developed without reference to Confidential Information. Disclosure required by law or valid process must be promptly notified to the disclosing party when permitted.

By checking this box, the Approving Party affirms that it will treat Confidential Information in accordance with the confidentiality provisions above.

Governing Law; Entire Agreement

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 the resolution of disputes.

Entire Agreement: This Business Proposal Approval Sheet and Agreement, together with the Proposal incorporated by reference herein, constitutes the entire agreement between the parties concerning the subject matter and supersedes all prior negotiations, proposals and understandings, whether written or oral. Any amendment must be in writing and signed by authorized representatives of both parties.

Approval Decision

Decision (check one):

Approved

Approved with Conditions

Rejected

Certifications

The individual executing this Approval Sheet on behalf of the Approving Party represents and certifies that they are authorized to approve the Proposal on behalf of the Approving Party and that the information contained herein is true and complete to the best of their knowledge.

Sign Now