Miscellaneous DD Mandate Agreement

MISCELLANEOUS DD MANDATE AGREEMENT

This Direct Debit Mandate Agreement (the Agreement) is entered into between Client Name: and Payee Name: , effective as of Date: .

RECITALS

WHEREAS, the Client requires services and/or products from the Payee as set out in this Agreement; and

WHEREAS, the Client authorizes the Payee to initiate debits to the Client's designated bank account for the purpose of collecting payments due under this Agreement; and

WHEREAS, the parties desire to set forth the terms and conditions governing the Direct Debit mandate and related payment, termination, confidentiality and liability provisions.

SCOPE OF WORK

PAYMENT TERMS

Amount to be collected per debit: Currency:

Monthly Quarterly Annually One-time

First debit date: Maximum single-debit amount (if applicable):

A late fee of per month will apply to overdue amounts after a grace period of days. The Client shall be responsible for reasonable collection costs and bank fees occasioned by failed debits.

BANK ACCOUNT DETAILS (MANDATE)

Account Type: Checking Savings

AUTHORIZATION

The Client hereby authorizes the Payee to initiate debit instructions to the bank account set forth above for amounts due under this Agreement (the Mandate). The Client authorizes the bank to honor such debit instructions. The Client acknowledges that debits may be for variable or fixed amounts as set forth in the Payment Terms and that the Payee will provide advance notice of any material changes to the timing or amount of debits when required by applicable rules.

The Client may revoke this authorization by providing written notice to the Payee in accordance with the Notices section. Revocation will not affect debit instructions already submitted or processed prior to the effective date of revocation.

TERM AND TERMINATION

Term Commencement Date: Term End Date (if any):

Either party may terminate this Agreement for convenience upon written notice of days to the other party. Termination shall not relieve the Client of liability for amounts accrued prior to termination nor for any authorized debits already submitted.

CONFIDENTIALITY

Each party shall maintain in confidence all non-public information disclosed by the other party in connection with this Agreement and shall not use or disclose such information except to perform obligations under this Agreement or as required by law. Confidential information does not include information that is or becomes publicly available through no breach by the receiving party.

LIABILITY AND INDEMNITY

The Client agrees to indemnify and hold harmless the Payee from any losses, claims, damages or expenses, including reasonable legal fees, arising out of the Client's breach of this Agreement or incorrect bank account information. The Payee's liability for any claim related to this Agreement shall be limited to direct damages not exceeding the aggregate amount debited in the three (3) months preceding the claim, except in cases of gross negligence or willful misconduct.

NOTICES

GOVERNING LAW

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

ENTIRE AGREEMENT

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

MISCELLANEOUS PROVISIONS

If any provision of this Agreement is held invalid or unenforceable, the remainder of the Agreement shall remain in full force and effect. Headings are for convenience and do not affect interpretation. The parties acknowledge that they have read and understood this Agreement and have authority to execute it.

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