Installation Services Install Bulletin Boards

GENERAL BUSINESS AGREEMENT — INSTALLATION SERVICES (BULLETIN BOARDS)

Parties

This General Business Agreement ("Agreement") is entered into as of by and between Client Name: and Contractor Name: .

WHEREAS

WHEREAS, Client desires to engage Contractor to provide installation services for bulletin boards at the location: (the "Project"); and

WHEREAS, Contractor represents that it possesses the necessary experience, licenses, equipment and personnel to perform the installation work in a professional and workmanlike manner in compliance with applicable codes and industry standards.

NOW, THEREFORE, in consideration of the mutual covenants set forth herein, the parties agree as follows:

Scope of Work

Contractor shall furnish all labor, materials, tools, equipment, and supervision necessary to perform the installation of bulletin boards described below and in any attached drawings or specifications. Contractor shall obtain any permits required for installation unless otherwise agreed in writing.

Payment Terms

Invoices shall be issued by Contractor in accordance with the payment schedule. Payments are due within days of invoice date. Past due amounts shall bear interest at the lesser of (a) % per month, or (b) the maximum permitted by law, or a fixed late fee of , whichever is greater.

Client shall not withhold payment for minor defects if Contractor promptly commences corrective action. Final payment is conditional upon Client's written acceptance of completed work and receipt of lien waivers from Contractor and its subcontractors for payments received.

Term and Termination

Term of Agreement: This Agreement commences on Start Date: and, unless earlier terminated in accordance with this Agreement, shall end on End Date: .

Either party may terminate this Agreement for convenience upon days' prior written notice to the other party. Either party may terminate for cause if the other party materially breaches this Agreement and fails to cure the breach within days after receipt of written notice specifying the breach.

Upon termination, Client shall pay Contractor for all work performed and materials purchased to the date of termination, subject to setoff for damages caused by Contractor's breach. Contractor shall promptly deliver copies of invoices and reasonable documentation of costs.

Confidentiality

Each party (the "Recipient") shall hold in confidence and not disclose to any third party any non-public information, drawings, specifications, pricing, or other materials provided by the other party (the "Discloser") in connection with this Agreement. Confidential information does not include information that (a) is or becomes publicly available through no breach by Recipient; (b) was rightfully in Recipient's possession prior to disclosure; (c) is lawfully received from a third party without restriction; or (d) is independently developed by Recipient without reference to Discloser's confidential information.

The obligations of confidentiality shall survive termination of this Agreement for a period of years. Notwithstanding the foregoing, Recipient may disclose confidential information to the extent required by law or court order, provided Recipient gives Discloser prompt written notice to allow Discloser to seek protective relief.

Insurance, Indemnity and Warranties

Contractor shall maintain commercial general liability insurance with limits of not less than $ per occurrence and workers' compensation as required by law. Contractor shall furnish certificates of insurance upon request.

Contractor shall indemnify, defend and hold harmless Client, its officers and employees from and against claims, liabilities, losses, and expenses arising out of Contractor's negligent acts or omissions in performance of the work, except to the extent caused by Client's negligence or willful misconduct.

Contractor warrants that all installation work will be free from defects in workmanship for a period of months from date of final acceptance. This warranty does not cover damage resulting from misuse, vandalism, or alterations by others.

Change Orders

Any modification to the Scope of Work, contract price, or schedule shall be made only by a written change order signed by authorized representatives of both parties. Labor rate for approved change order work shall be $ per hour unless otherwise agreed in writing.

Acceptance of Work

Upon completion of the work, Contractor shall notify Client in writing that the work is ready for inspection. Client shall conduct inspection and, if work conforms to the Agreement, provide written acceptance. Acceptance shall not be unreasonably withheld and shall be based on the Specifications and the Scope of Work.

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 conflict of law principles. The parties shall attempt in good faith to resolve disputes promptly by negotiation between executive representatives. If unresolved within thirty (30) days, disputes may be submitted to mediation prior to any other remedies.

Entire Agreement; Miscellaneous

This Agreement, including any written change orders and attachments executed by the parties, constitutes the entire 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 shall be effective unless in writing and signed by authorized representatives of both parties.

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

Notices

All notices required or permitted under this Agreement shall be in writing and delivered to the addresses set forth above or to such other address as either party may designate by written notice to the other.

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