Kava Business Template 2024

Kava Business Template 2024

This General Business Agreement (the "Agreement") is entered into as of Effective Date: by and between Company Name: (referred to herein as "Company") and Client Name: (referred to herein as "Client"). Company and Client are collectively referred to as the "Parties."

Recitals

WHEREAS, Company is engaged in the business of providing services related to the design, development, distribution, or sale of products and services described below; and

WHEREAS, Client desires to engage Company to provide certain business services and deliverables, and Company is willing to provide such services under the terms and conditions set forth in this Agreement.

WHEREAS, the Parties desire to set forth their respective rights and obligations in a clear written agreement.

Scope of Work

Company shall perform the services and provide the deliverables described below in accordance with the standards and schedule set forth in this Agreement.

Payment Terms

In consideration for the services, Client shall pay Company the fees and reimbursements set forth below. All amounts are payable in United States dollars unless otherwise agreed in writing.

All undisputed invoices not paid within the stated invoice terms shall accrue interest at the rate described in Late Payment Fee above and Company may suspend performance until amounts due are paid in full. Client is responsible for reasonable collection costs, including attorneys' fees, if payment is not made when due.

Term and Termination

This Agreement shall commence on the 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 providing Notice Period (days): days' prior written notice to the other Party. Either Party may terminate immediately for cause if the other Party materially breaches this Agreement and fails to cure such breach within thirty (30) days after receipt of written notice specifying the breach.

Upon termination, Client shall pay Company for all services performed and approved expenses incurred through the effective date of termination. Sections that by their nature survive termination or expiration shall remain in effect.

Confidentiality

Each Party may disclose Confidential Information to the other Party in connection with the performance of this Agreement. "Confidential Information" means nonpublic information that is designated as confidential or that reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure.

Each Party agrees (a) to hold the other Party's Confidential Information in strict confidence, (b) not to use such Confidential Information except to perform its obligations under this Agreement, and (c) not to disclose such Confidential Information to any third party except to those employees, contractors or advisors with a need to know and who are bound to maintain confidentiality no less protective than this Agreement. Confidential Information shall not include information that is or becomes publicly available without breach of this Agreement, is rightfully received from a third party without restriction, or is independently developed without use of the disclosing Party's Confidential Information.

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. The Parties submit to the exclusive jurisdiction of the state and federal courts located in that State for resolution of disputes.

Notices

All notices, requests, demands and other communications under this Agreement shall be in writing and delivered to the addresses below or to such other address as either Party may specify in writing.

Entire Agreement

This Agreement, including any exhibits or attachments incorporated herein, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, proposals, representations and understandings, whether written or oral. No amendment, modification or waiver of any provision of this Agreement shall be effective unless in writing and signed by authorized representatives of both Parties.

Additional Provisions

Independent Contractor: Company is an independent contractor and nothing in this Agreement creates an employment, agency, partnership or joint venture relationship. Assignment: Neither Party may assign its rights or delegate its obligations under this Agreement without the prior written consent of the other Party, except that either Party may assign this Agreement in connection with a merger, sale of substantially all assets, or change of control.

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