Business Slip Agreement

BUSINESS SLIP AGREEMENT

This Business Slip Agreement (the Agreement) is entered into by and between Client Name: with principal address at , and Contractor Name: , with principal address at .

Recitals

WHEREAS, Client engages Contractor to perform certain short-form business services as described in this Agreement; and

WHEREAS, Contractor represents that Contractor possesses the requisite skill, experience and professional capacity to perform such services; and

WHEREAS, the parties desire to set forth the terms and conditions under which the services will be provided and compensation paid.

Scope of Work

Payment Terms

Contract Amount: $ . Payment shall be made in accordance with the schedule below and subject to the invoice and dispute procedures set forth herein.

Late Payment Fee: If any amount due is not paid within days after receipt of a proper invoice, interest will accrue at the lesser of (a) or (b) the maximum rate permitted by applicable law. Client shall also be liable for reasonable collection costs, including attorneys' fees.

Term and Termination

Effective Date: . This Agreement shall continue in effect until unless earlier terminated under this Section.

Either party may terminate this Agreement for convenience upon days' prior written notice to the other party. Either party may terminate immediately for material breach if the breaching party fails to cure within ten (10) days of written notice specifying the breach.

Confidentiality

Definition: "Confidential Information" means non-public information disclosed by either party that is designated as confidential or that a reasonable person would consider confidential under the circumstances, including pricing, business plans, technical materials, and trade secrets.

Obligations: Each recipient shall (a) hold Confidential Information in strict confidence; (b) use it solely to perform obligations under this Agreement; and (c) disclose it only to its employees, contractors, or advisors who have a need to know and who are bound by confidentiality obligations no less protective than those herein.

Exclusions: Confidential Information does not include information that is or becomes publicly available through no fault of recipient, was rightfully known prior to disclosure, is rightfully received from a third party without confidentiality obligations, or is independently developed without reference to Confidential Information.

Duration and Remedies: Confidentiality obligations shall survive termination for a period of years. The parties acknowledge that breach could cause irreparable harm and agree that injunctive relief is an appropriate remedy in addition to other available remedies.

Liability and Insurance

Limitation of Liability: Except for willful misconduct or breaches of confidentiality, neither party shall be liable for consequential, incidental or punitive damages. The aggregate liability of either party for direct damages shall not exceed the total fees actually paid under this Agreement.

Insurance: Contractor warrants that it maintains insurance appropriate to the services rendered and will provide evidence of such insurance upon Client's reasonable request.

Notices

Governing Law; Dispute Resolution

This Agreement shall be governed by and construed in accordance with the laws of the State of , without regard to its conflicts of law principles. The parties shall attempt in good faith to resolve disputes amicably prior to initiating litigation.

Entire Agreement; Amendments

This Agreement, including any exhibits or attachments executed by the parties, constitutes the entire agreement between the parties relating to the subject matter and supersedes all prior agreements, understandings, and communications, whether written or oral. No amendment or modification shall be binding unless in a writing signed by both parties.

Representations and Warranties

Each party represents and warrants that it has the full right, power and authority to enter into and perform its obligations under this Agreement and that the person signing on its behalf is duly authorized to do so.

Miscellaneous

Severability: If any provision of this Agreement is held invalid or unenforceable, the remaining provisions shall remain in full force and effect. Assignment: Neither party may assign this Agreement without the prior written consent of the other, except to an affiliate or successor in interest.

Sign Now