Legal Diligent Effort Form

LEGAL DILIGENT EFFORT FORM

This Legal Diligent Effort Form is executed by the parties identified below for the purpose of documenting the diligent efforts undertaken in connection with the matter described herein. Requesting Party: with address: ; and Responding Party: with address: . Effective Date: .

RECITALS

WHEREAS, the Requesting Party has sought to locate or notify a person, entity, or asset, or to obtain records or information relevant to litigation, regulatory compliance, collection, or transactional due diligence (the "Matter"); and

WHEREAS, the Responding Party is engaged to conduct diligent efforts and to prepare contemporaneous documentation describing the methods used, the results obtained, and any impediments to completion; and

WHEREAS, the parties wish to establish the standards, obligations, reporting, and certification required to evidence that reasonable and customary efforts were performed in the Matter.

NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are acknowledged, the parties agree as follows:

1. DEFINITIONS

For purposes of this Form, the following terms shall have the meanings set forth below. "Matter Reference" means the internal identifier or short description: . "Diligent Effort" means the reasonable, timely, and customary actions described in Section 2 and documented pursuant to Section 3.

2. SCOPE OF DILIGENT EFFORTS

The Responding Party shall undertake diligent efforts tailored to the Matter. Such efforts shall include, at minimum, the measures enumerated below and any additional activities reasonably calculated to locate, notify, or obtain the required information:

The parties agree that diligent efforts shall include the following methods as appropriate. Check all methods actually employed and provide specifics where requested.

3. DOCUMENTATION AND RECORDKEEPING

The Responding Party shall maintain contemporaneous records for each action taken, including dates, times, names of persons contacted, method used, results obtained, and copies of all correspondence and delivery receipts. Such records shall constitute prima facie evidence of diligent effort if produced in the ordinary course of business.

4. TIMELINE AND REPORTING

The Responding Party shall commence the actions described herein promptly and shall provide the Requesting Party with a written report summarizing all efforts no later than: . Interim status updates shall be provided at intervals of: .

5. CERTIFICATION OF EFFORT

The individual(s) executing this Form on behalf of the Responding Party hereby certify, under penalty of perjury to the fullest extent permitted by applicable law, that the statements contained in the attached documentation and the representations made herein are true, complete, and accurate to the best of their knowledge, and that the actions performed constitute reasonable and customary diligent efforts under the circumstances.

6. REMEDIES AND LIMITATIONS

If the Responding Party has performed the actions described herein in good faith and documented such actions as required, the Requesting Party agrees that such documented diligent efforts shall be deemed reasonable for the stated purposes and that the Responding Party shall not be liable for failure to achieve a particular result unless willful misconduct or gross negligence is established by clear and convincing evidence.

7. NOTICES

All notices required under this Form shall be in writing and delivered to the addresses set forth in the opening paragraph or to such other address as either party may designate in writing. Notice shall be deemed given upon receipt when delivered personally, by certified mail with return receipt, or by overnight courier with verification of delivery.

8. AMENDMENTS; WAIVER; COUNTERPARTS

This Form may be amended only by a written instrument executed by both parties. No failure or delay by either party in exercising any right shall operate as a waiver thereof unless expressly acknowledged in writing. This Form may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one instrument.

9. GOVERNING LAW

This Form shall be governed by and construed in accordance with the laws of the state or jurisdiction identified for this Matter: , without regard to rules governing conflicts of law.

10. ENTIRE AGREEMENT; SEVERABILITY

This Form contains the entire agreement of the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations and discussions, whether oral or written. If any provision of this Form is held to be invalid, illegal or unenforceable in any respect, the remaining provisions shall remain in full force and effect.

11. ADDITIONAL REPRESENTATIONS

Each party represents that it has the authority to enter into this Form and that its execution of this Form does not violate any other agreement to which it is a party. The Responding Party further represents that all records produced are true copies of the original documents to the extent known and that no material information has been knowingly withheld.

12. ACKNOWLEDGMENT

The undersigned acknowledge that they have read and understood the obligations set forth in this Form and that the information supplied herein is accurate and complete to the best of their knowledge.

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