Business Vendor Name Change

Business Vendor Name Change Notice and Agreement

This Business Vendor Name Change Notice and Agreement (the Agreement) is entered into by and between:

Company Name:

Vendor Current Name: and Vendor New Name: .

Effective Date of Name Change:

WHEREAS

WHEREAS, Vendor Current Name is the party of record that provides goods and/or services to Company Name under one or more contracts, purchase orders, or account records (collectively, Contracts);

WHEREAS, Vendor Current Name has legally changed or intends to change its business name to Vendor New Name and seeks to have Company Name recognize the new name for all administrative, billing, and contractual purposes effective as of the Effective Date of Name Change; and

WHEREAS, the parties desire to document the terms under which Company Name will update its vendor records and the continuing rights and obligations of the parties with respect to the Contracts.

VENDOR IDENTIFICATION

Corporation    LLC    Partnership    Sole Proprietor    Other

SCOPE OF WORK

The parties agree that the vendor name change shall be implemented as set forth below. Vendor shall provide sufficient documentary evidence of the legal name change and shall perform the actions described in the Scope of Work:

PAYMENT TERMS

Administrative Fee Amount: $

Late Payment Fee: per month on overdue balances, calculated from the payment due date until paid in full. Vendor acknowledges that Company may withhold processing until required fees and documentation are received.

TERM AND TERMINATION

Term Commencement Date:

Termination Date (if applicable): . Either party may terminate this Agreement for material breach that is not cured within the Notice Period set forth below.

Notice Period for Cure: . Termination shall be effective only upon written notice and expiration of the applicable cure period.

CONFIDENTIALITY

Each party shall treat as confidential and shall not disclose to any third party any non-public information received from the other party in connection with this Agreement, including, without limitation, account numbers, pricing, and internal procedures, except as required by law or to perform the obligations contemplated by this Agreement. The receiving party shall use at least the same degree of care to protect such information as it uses to protect its own confidential information, but in no event less than reasonable care.

REPRESENTATIONS; EFFECT ON EXISTING CONTRACTS

Vendor represents and warrants that the name change is lawful, the change will not alter the legal identity or ownership of Vendor unless otherwise disclosed in writing, and that Vendor remains bound by all rights and obligations under existing Contracts. Unless expressly agreed in writing by Company Name, this Agreement shall not constitute an assignment of any Contract or relieve Vendor of any liabilities or obligations arising prior to the Effective Date of Name Change.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of , without regard to conflict of law principles.

ENTIRE AGREEMENT; AMENDMENT

This Agreement, together with any attached documentation identified in the Attachments section below, constitutes the entire agreement of the parties with respect to the subject matter and supersedes all prior oral or written understandings. Any amendment must be in writing and executed by duly authorized representatives of both parties.

Company Acknowledgement: By checking the box below, Company Name acknowledges receipt of required documentation and agrees to update its vendor records to reflect Vendor New Name in accordance with this Agreement.

Company will update vendor records and relevant internal systems to reflect the name change upon receipt of fee and documentation.

VENDOR CERTIFICATION

The undersigned authorized officer of Vendor certifies that the information contained in this Agreement is true and correct, that Vendor is duly authorized to execute this Agreement, and that no material change in ownership has occurred unless disclosed in writing below:

Sign Now