Business Regulatory Strategy Template

Business Regulatory Strategy Template

This Business Regulatory Strategy Agreement (Agreement) is entered into as of Effective Date: by and between Client Name: , with principal address:

and Service Provider: , with principal address:

WHEREAS

WHEREAS, Client operates in regulated activities related to and requires advisory and strategic services to achieve and maintain compliance with applicable laws and administrative requirements;

WHEREAS, Service Provider specializes in regulatory analysis, regulatory engagement planning, and submission preparation for interactions with governmental and independent regulatory authorities identified in Appendix A and will provide such services under the terms set forth in this Agreement;

WHEREAS, the parties desire to set forth the scope, deliverables, payment terms, confidentiality obligations, and governing law that will apply to the engagement.

Scope of Work

Service Provider will perform regulatory strategy services consisting of analysis, planning, drafting of submissions, stakeholder mapping, engagement strategy with relevant authorities, and advisory support as further detailed below. Specific tasks, milestones, and acceptance criteria are set forth in the Scope of Work.

Responsibilities and Deliverables

The parties agree the following deliverables will be produced and that each deliverable will include a written acceptance criterion and delivery date. Client will provide timely access to relevant data and personnel. Service Provider will provide periodic progress reports as indicated below.

Payment Terms

Client agrees to pay Service Provider the fees and expenses set forth below in consideration for services rendered under this Agreement.

Late payments shall accrue interest at the rate of % per month on overdue amounts, or the maximum rate permitted by law, whichever is lower. Client is responsible for any reasonable collection costs incurred by Service Provider.

Term and Termination

This Agreement shall commence on Start Date: and shall continue until End Date: unless earlier terminated as provided herein.

Either party may terminate this Agreement without cause upon written notice to the other party not less than days prior to the effective termination date. Either party may terminate for material breach if the breach is not cured within thirty (30) days after written notice specifying the breach.

Confidentiality

Each party acknowledges that in the course of performing under this Agreement it may receive Confidential Information of the other party. "Confidential Information" means non-public information that is designated as confidential or that reasonably should be understood to be confidential given its nature and the circumstances of disclosure. Confidential Information shall not include information that is (a) already known to the receiving party without restriction, (b) becomes publicly available without breach of this Agreement, (c) received from a third party without breach of any obligation of confidentiality, or (d) independently developed by the receiving party without use of the disclosing party's Confidential Information.

The receiving party shall: (i) protect Confidential Information with at least the same degree of care it uses to protect its own confidential information, (ii) use Confidential Information solely for performance under this Agreement, and (iii) not disclose Confidential Information to any third party except to its employees, contractors, advisors, or auditors who have a need to know and are bound by confidentiality obligations at least as protective as those herein. If a party is required by law or valid legal process to disclose Confidential Information, it shall provide prompt notice to the disclosing party and reasonably cooperate to seek protective measures.

Regulatory Engagement and Regulatory Authorities

The parties identify the following priority regulatory authorities and stakeholders for engagement: . Service Provider shall coordinate submissions and communications in accordance with the engagement plan and with prior written approval from Client for substantive filings.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to conflict of laws principles. The parties agree that exclusive jurisdiction for disputes shall lie in the state and federal courts located within that State, unless the parties agree otherwise in writing.

Limitation of Liability

Except for liability arising from gross negligence, willful misconduct, or breach of confidentiality, neither party shall be liable to the other for incidental, consequential, special, or punitive damages. The aggregate liability of Service Provider for any claim arising out of or related to this Agreement shall not exceed the total fees paid by Client to Service Provider under this Agreement during the twelve (12) month period preceding the event giving rise to the claim.

Entire Agreement

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

Execution

The parties have caused this Agreement to be executed by their duly authorized representatives as of the Effective Date first written above.

Sign Now