Hotel Room Beds Template

Hotel Room Beds Template

This General Business Agreement (the Agreement) is made and entered into as of Effective Date: by and between:

RECITALS

WHEREAS, Supplier specializes in the supply, delivery, and installation of mattresses, bed frames, bedding packages and related bed components for commercial lodging properties; and

WHEREAS, Hotel desires to standardize and document the bed types, mattress models, protective elements and replacement schedule for certain guest room types identified in this Agreement; and

WHEREAS, Supplier agrees to provide the goods and services described in the Scope of Work under the terms and conditions set forth below.

SCOPE OF WORK

Supplier shall furnish, deliver, assemble (if applicable), install and, where agreed, remove existing mattresses and bed components as specified for each room type listed below. Supplier shall comply with Hotel operational hours and security requirements and shall perform work in a professional manner consistent with industry standards.

ROOM BED SPECIFICATIONS

The following specifications apply to the listed room types. Supplier shall supply items that conform to the model numbers, firmness, protective items and quantities indicated. Any substitution requires prior written approval by Hotel.

Additional room types and specifications shall be recorded in the attached addenda or in subsequent written amendments signed by both parties. Supplier shall provide a final inventory list and delivery manifest upon completion of installations.

INSTALLATION, DELIVERY AND ACCEPTANCE

PAYMENT TERMS

Hotel shall pay Supplier the amounts set forth below in consideration for the goods and services supplied under this Agreement. All amounts are payable in U.S. dollars unless otherwise agreed in writing.

Invoices are due net thirty (30) days from receipt unless otherwise stated on the invoice. Overdue amounts shall accrue interest at the lesser of 1.5% per month (18% per annum) or the maximum rate permitted by applicable law. In addition to percentage interest, a late payment administrative fee of may be charged for any invoice overdue more than 30 days.

TERM AND TERMINATION

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

Either party may terminate this Agreement for convenience upon written notice to the other party at least days prior to the effective date of termination. Either party may terminate immediately for cause upon material breach by the other party following failure to cure within fifteen (15) days after written notice of such breach.

CONFIDENTIALITY

Each party shall hold in strict confidence and shall not disclose to any third party any Confidential Information disclosed by the other party, except as required to perform under this Agreement or as required by law. Confidential Information includes, but is not limited to, pricing, model and SKU data, installation schedules, room configurations and Hotel guest room plans.

WARRANTIES AND LIMITATIONS

Supplier warrants that all mattresses, bed frames and accessories provided under this Agreement shall be free from defects in material and workmanship for the warranty period specified by manufacturer and, at minimum, for a period of one (1) year from date of acceptance by Hotel. Supplier's sole obligation under this warranty shall be repair or replacement of defective items. Except as expressly set forth herein, Supplier disclaims all other warranties, whether express or implied.

GOVERNING LAW

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.

ENTIRE AGREEMENT

This Agreement, together with any attached schedules, specifications and executed addenda, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, proposals and communications, whether written or oral. Any modification to this Agreement must be in writing and signed by authorized representatives of both parties.

MISCELLANEOUS PROVISIONS

Neither party may assign this Agreement without the prior written consent of the other party, except that either party may assign to a successor in interest in connection with a merger or sale of substantially all of its assets. If any provision of this Agreement is held invalid or unenforceable, the remaining provisions shall remain in full force and effect.

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