Business Terrace Document

Business Terrace Document

This Business Terrace Document (the "Agreement") is made effective as of Effective Date: by and between Provider Name: and Client Name: .

WHEREAS

WHEREAS, Provider is engaged in the business of providing commercial terrace design, management, maintenance and related advisory services and possesses the personnel, experience and resources necessary to perform the services described herein;

WHEREAS, Client desires to retain Provider to provide such services for the terrace located at Premises Address: under the terms and conditions set forth in this Agreement;

NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties agree as follows.

Scope of Work

Provider shall perform the services described below in a professional and workmanlike manner in accordance with industry standards. Specific tasks, deliverables and performance standards shall include, but are not limited to:

Payment Terms

Client shall pay Provider for the services rendered as follows.

Late payment shall accrue interest at a rate of % per month (or the maximum rate permitted by law, if less). Client shall also be responsible for reasonable collection costs, including attorneys’ fees, incurred by Provider to collect overdue amounts.

Check Wire Transfer Card If Wire Transfer selected, Provider bank details will be provided upon execution of this Agreement.

Term and Termination

This Agreement shall commence on Start Date: and continue in force until End Date: unless earlier terminated in accordance with this Section.

Either party may terminate this Agreement for convenience by delivering written notice to the other party at least Notice Period (days): prior to the effective date of termination. Either party may terminate immediately for material breach by the other party if such breach remains uncured for a period of thirty (30) days after receipt of written notice specifying the breach.

Confidentiality

"Confidential Information" means non-public information disclosed by one party to the other that is designated as confidential or that ought reasonably to be understood as confidential given the nature of the information and the circumstances of disclosure. Each party shall: (a) maintain Confidential Information in strict confidence using at least the same degree of care it uses to protect its own confidential information; (b) not use Confidential Information except to perform its obligations under this Agreement; and (c) not disclose Confidential Information to third parties except to those employees, contractors or advisors who have a need to know and who are bound by confidentiality obligations at least as protective as those herein. Confidential Information does not include information that is or becomes public through no fault of the receiving party, was lawfully known by the receiving party prior to disclosure, or is independently developed by the receiving party without use of the disclosing party’s Confidential Information.

Indemnification

Each party shall indemnify, defend and hold harmless the other party and its affiliates, officers, directors and employees from and against any third-party claims, liabilities, losses or expenses (including reasonable attorneys' fees) arising out of the indemnifying party’s breach of this Agreement, negligence, willful misconduct or violation of applicable law in connection with the performance of its obligations hereunder.

Notices

All notices required or permitted under this Agreement shall be in writing and delivered to the addresses below and shall be effective upon receipt.

Governing Law

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 resolution of disputes arising under this Agreement.

Entire Agreement

This Agreement, together with any exhibits or attachments expressly incorporated herein, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous oral or written agreements, representations and understandings. Any amendment to this Agreement must be in writing and signed by authorized representatives of both parties.

Miscellaneous

If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect. The parties are independent contractors and nothing in this Agreement creates a partnership, joint venture or employment relationship. Headings are for convenience only and shall not affect interpretation.

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