Rental Security Agreement

RENTAL SECURITY AGREEMENT

This Rental Security Agreement ("Agreement") is entered into as of between Client Name: (the "Client") and Security Provider Name: (the "Provider"). The Client and the Provider are each a "Party" and together the "Parties."

WHEREAS

WHEREAS, the Client is the owner or manager of the rental property located at: (the "Property"); and

WHEREAS, the Provider is engaged in the business of providing security and loss-prevention services and has agreed to provide such services at the Property under the terms set forth in this Agreement; and

WHEREAS, the Parties desire to define their respective rights, duties and obligations regarding the security services to be provided and the payment and performance obligations associated therewith.

SCOPE OF WORK

PAYMENT TERMS

Compensation for services under this Agreement shall be as follows:

All sums due are exclusive of applicable taxes. The Provider shall invoice the Client per the Payment Schedule and the Client shall pay within the period stated on each invoice. If the Client disputes any portion of an invoice in good faith, the Client shall promptly notify the Provider and pay any undisputed portion in accordance with this Agreement.

TERM AND TERMINATION

This Agreement commences on Start Date: and shall continue until End Date: unless earlier terminated as provided herein.

Either Party may terminate this Agreement for convenience upon written notice to the other Party delivered at least days prior to termination. Either Party may terminate for material breach if the breaching Party fails to cure such breach within days after written notice specifying the breach. Termination shall not relieve either Party of obligations accrued prior to the effective date of termination.

CONFIDENTIALITY

Each Party shall maintain in confidence all non-public information disclosed by the other Party 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 ("Confidential Information"). Confidential Information shall not include information that (i) is or becomes public through no breach; (ii) was known to the receiving Party prior to disclosure; (iii) is rightfully received from a third party without restriction; or (iv) is independently developed. The receiving Party shall use Confidential Information only for the performance of this Agreement and shall limit access to employees and agents who have a need to know and are bound by confidentiality obligations no less protective than those contained herein.

INSURANCE; INDEMNITY

The Provider shall maintain, at its expense, commercial general liability insurance and workers' compensation insurance in amounts customary for firms providing similar services. The Provider shall provide proof of insurance upon reasonable request. The Provider shall indemnify, defend and hold harmless the Client, its affiliates and their respective officers, directors and employees from and against any claims, liabilities, losses, damages and expenses (including reasonable attorneys' fees) arising out of the Provider's negligence or willful misconduct in the performance of services under this Agreement.

SECURITY DEPOSIT / PERFORMANCE BOND

If required by the Client, the Provider shall deliver a security deposit or performance bond in the amount of to secure performance of the Provider's obligations. The terms for return or forfeiture of such security shall be governed by a separate security deposit agreement or as otherwise agreed in writing.

ACCESS; BACKGROUND CHECKS

The Client shall provide the Provider reasonable access to the Property as required to perform services. The Client may require background checks and credentials for Provider personnel; Provider shall ensure all personnel assigned to the Property meet the Client's reasonable security and screening criteria.

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, including any exhibits or attachments expressly incorporated herein, constitutes the entire agreement between the Parties with respect to the subject matter and supersedes all prior and contemporaneous agreements and understandings, whether written or oral. Any amendment or waiver must be in writing and signed by both Parties.

NOTICES

All notices required or permitted under this Agreement shall be in writing and delivered to the addresses below by hand, certified mail (return receipt requested), or nationally recognized overnight courier.

MISCELLANEOUS

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 Party, except that either Party may assign to an affiliate or to a successor in interest in connection with a merger or sale of substantially all its assets.

The Parties acknowledge that they have read and understand this Agreement and that they are authorized to execute this Agreement on behalf of the parties they represent.

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