Business Recurring Document

BUSINESS RECURRING AGREEMENT

This Business Recurring Agreement (the "Agreement") is entered into as of by and between:

RECITALS

WHEREAS, Service Provider is engaged in the business of providing recurring business services and has the expertise, personnel and resources to perform the Services described herein; and

WHEREAS, Client desires to retain Service Provider to perform recurring services on the terms and conditions set forth in this Agreement; and

WHEREAS, the parties intend that this Agreement govern the recurring provision of services, payment, confidentiality and the ongoing relationship between them.

SCOPE OF WORK

Service Provider will perform the recurring services described below in a professional manner consistent with industry standards. The parties may attach or amend detailed schedules as necessary.

PAYMENT TERMS

Client shall pay Service Provider for the Services the recurring amount of per . Unless otherwise agreed in writing, payments are due in advance on the first day of each billing period. The initial payment is due on .

Late payments shall incur a late fee of of the overdue amount per month or the maximum allowed by law, whichever is less. Client is also responsible for any collection costs and reasonable attorneys' fees incurred by Service Provider in collecting overdue amounts.

TERM AND TERMINATION

The term of this Agreement will commence on and will continue until unless earlier terminated under this Section.

Either party may terminate this Agreement for convenience upon giving the other party at least days' prior written notice. Either party may terminate for material breach if the breaching party fails to cure such breach within 15 days after receipt of written notice specifying the breach.

Upon termination, Client shall pay Service Provider for all Services performed and expenses incurred through the effective date of termination. Termination shall not relieve either party of obligations which by their nature survive termination.

CONFIDENTIALITY

Each party (the "Receiving Party") shall keep confidential and shall not disclose to any third party any proprietary or confidential information disclosed by the other party (the "Disclosing Party") in connection with this Agreement, except as required by law or to those of its employees, agents or subcontractors who have a need to know and who are bound by confidentiality obligations no less restrictive than those contained herein. Confidential information does not include information which is or becomes publicly available without breach of this Agreement, was independently developed by the Receiving Party, or was rightfully received from a third party without restriction.

Upon termination or at the Disclosing Party's request, the Receiving Party shall return or destroy all Confidential Information and certify in writing that such materials have been returned or destroyed, except that one archival copy may be retained solely for compliance purposes.

GOVERNING LAW AND DISPUTE RESOLUTION

This Agreement shall be governed by and construed in accordance with the laws of , without regard to conflict of law principles. The parties shall attempt in good faith to resolve any dispute arising out of or relating to this Agreement through negotiation between senior representatives. If the dispute cannot be resolved by negotiation, the parties may pursue any available legal or equitable remedies in the courts of the governing state.

MISCELLANEOUS

Entire Agreement: This Agreement, including any Schedules or Exhibits, constitutes the entire agreement between the parties with respect to the subject matter and supersedes all prior and contemporaneous agreements, proposals or communications, whether written or oral.

Amendment: No modification or amendment of this Agreement shall be effective unless in writing and signed by authorized representatives of both parties.

Assignment: Neither party may assign or delegate its rights or obligations under this Agreement without the prior written consent of the other party, except that Service Provider may assign to an affiliate or in connection with a merger or sale of substantially all of its assets.

Indemnification: Each party shall indemnify, defend and hold harmless the other party from and against any third-party claims, liabilities, damages and expenses arising out of the indemnifying party's negligence, willful misconduct or breach of this Agreement.

REPRESENTATIONS AND WARRANTIES

Each party represents and warrants that it has the full corporate or individual power and authority to enter into this Agreement and to perform its obligations hereunder, and that the execution, delivery and performance of this Agreement have been duly authorized by all necessary action.

Sign Now