Business Suite Record

BUSINESS SUITE RECORD

Parties and Effective Date

This Business Suite Record (the Agreement) is entered into on Effective Date: by and between Suite Provider: and Suite Occupant: .

WHEREAS, Provider is the lawful owner or authorized manager of the business suite identified herein and provides business suite services to third parties; and

WHEREAS, Occupant desires to occupy and use the suite for lawful business purposes under the terms and conditions set forth in this record; and

WHEREAS, the parties intend this document to memorialize the scope of permitted use, payment obligations, confidentiality obligations, and termination rights related to the suite identified below.

Suite Identification

Scope of Services and Suite Amenities

Provider shall make available to Occupant the suite described above and the following services and amenities to the extent indicated in this record:

Occupant shall not use the suite for any unlawful purpose, nor shall Occupant cause structural modifications without Provider's prior written consent. Routine maintenance of the suite interior is the responsibility of Occupant unless otherwise stated.

Payment Terms

All payments are due when invoiced and shall be deemed past due if not received within the period specified in Payment Schedule. Late payments accrue the Late Payment Fee and all reasonable collection costs, including attorneys' fees, incurred by Provider to recover unpaid amounts.

Term and Termination

Term Start Date: Term End Date:

Either party may terminate this Agreement for material breach that is not cured within the notice period applicable to that breach. Provider may terminate immediately for nonpayment or for conduct that threatens safety or the integrity of the property. Upon termination, Occupant shall vacate the suite, remove personal property, and return keys and access devices. Any amounts owed through the effective date of termination shall remain due and collectible.

Confidentiality

Each party acknowledges that in the course of performance it may receive Confidential Information of the other party. "Confidential Information" means non-public business, financial, technical or operational information disclosed in writing or orally and identified as confidential or that reasonably should be understood to be confidential. Each party shall: (a) protect Confidential Information with at least the same degree of care it uses to protect its own confidential information but in no event less than reasonable care; (b) use Confidential Information only to perform obligations under this Agreement; and (c) not disclose Confidential Information to third parties except to those employees, contractors or agents who have a need to know and who are bound by confidentiality obligations no less protective than those herein.

Confidentiality obligations do not apply to information that (i) is or becomes publicly known through no breach of this Agreement, (ii) was already known to the receiving party without restriction, (iii) is lawfully obtained from a third party, or (iv) is independently developed. A party may disclose Confidential Information to the extent required by law or order of a court or regulatory authority, provided the disclosing party gives prompt notice to the other party to allow it to seek protective relief.

Insurance and Liability

Each party shall maintain appropriate insurance coverage for its respective activities. Provider is not liable for loss of Occupant's business, revenue, or property except to the extent caused by Provider's gross negligence or willful misconduct. Occupant shall indemnify and hold Provider harmless from claims arising out of Occupant's use of the suite, except to the extent caused by Provider's gross negligence or willful misconduct.

Governing Law; Dispute Resolution

This Agreement shall be governed by and construed in accordance with the laws of without regard to conflict of laws principles. The parties agree that disputes will first be submitted to good faith negotiation between authorized representatives. If unresolved, disputes will be resolved by binding arbitration or litigation as elected by the prevailing party; costs, including reasonable attorneys' fees, may be awarded to the prevailing party.

Entire Agreement and Amendments

This Agreement, including any written attachments or addenda signed by both parties, constitutes the entire understanding and agreement between the parties with respect to the subject matter hereof and supersedes all prior negotiations, representations, or agreements, whether written or oral. No amendment of this Agreement will be effective unless in writing and signed by authorized representatives of both parties.

Contact and Notices

Additional Provisions

Severability: If any provision of this Agreement is determined to be invalid or unenforceable, the remainder of the Agreement will remain in full force and effect. Waiver of any breach will not constitute a waiver of any subsequent breach.

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