Residential Bedroom Document

RESIDENTIAL BEDROOM AGREEMENT

Parties and Project

This Residential Bedroom Agreement (the Agreement) is entered into between Client Name: and Service Provider Name: as of the Effective Date stated below.

WHEREAS

WHEREAS, Client is the owner or lawful occupant of the residential property located at (the Property), and desires renovation, improvement, and related services concerning one or more bedrooms at the Property;

WHEREAS, Service Provider represents that it is duly qualified, experienced and licensed (if required) to perform design, construction, finishing and related services appropriate to residential bedroom work; and

WHEREAS, the parties wish to set forth the scope, payment, schedule, confidentiality and other terms governing the performance of work in and to the bedroom(s) described herein.

Scope of Work

Service Provider shall furnish all labor, materials, equipment, permits and supervision necessary to perform the work described in this section at the Property (the Work). All Work shall be performed in a good and workmanlike manner in accordance with industry standards and applicable building codes.

Materials and fixtures to be provided by Service Provider per the Scope of Work. Any client-supplied materials must be delivered and approved in writing prior to installation.

Payment Terms

Client agrees to pay Service Provider the Total Contract Amount specified below in accordance with the following schedule and conditions. Service Provider shall invoice Client in accordance with the schedule; Client shall pay undisputed sums within the time specified below.

Late Payment: Unpaid balances that remain due beyond the payment due date shall incur a late fee of on the outstanding balance, or the maximum permitted by law, whichever is less.

Term and Termination

Effective Date: This Agreement commences on the Effective Date, which is the date of signature by the last party to execute below.

Anticipated Start Date:   Estimated Completion Date:

Termination: Either party may terminate this Agreement for material breach by the other party if the breaching party fails to cure such breach within days after written notice. Termination for convenience by Client requires written notice at least days prior to termination, with payment for Work performed and materials committed through the effective date of termination.

Change Orders

All changes to the Scope of Work, price, schedule or materials shall be made only by a written change order signed by both parties. Change orders may adjust the contract amount and completion schedule and shall describe any additional costs and time extensions.

Confidentiality

Each party acknowledges that it may receive Confidential Information of the other. Confidential Information includes non-public information regarding pricing, design documents, trade secrets, personal information of occupants, and other proprietary data disclosed in connection with the Work. Each party shall hold such Confidential Information in strict confidence, shall not disclose it to third parties except to its employees, agents or subcontractors who need to know and who are bound by similar obligations, and shall use Confidential Information solely for performance under this Agreement. Confidentiality obligations do not apply to information that is (a) publicly known through no fault of the receiving party, (b) rightfully received from a third party without breach, or (c) independently developed without reference to the disclosing party's Confidential Information. The confidentiality obligations shall survive termination for a period of three (3) years.

Insurance, Indemnity and Warranties

Service Provider shall maintain insurance customary for residential contractors, including general liability and workers' compensation as required by law, and shall provide proof of such insurance upon request. Service Provider shall indemnify and hold harmless Client from claims arising out of Service Provider's negligence or willful misconduct in performance of the Work, except to the extent caused by Client's negligence.

Warranty: Service Provider warrants its workmanship for a period of months from final acceptance. This warranty covers defects in workmanship and does not extend to damage resulting from normal wear and tear, misuse, acts of third parties or modifications not performed by Service Provider.

Inspection and Acceptance

Upon substantial completion of the Work, Service Provider shall notify Client. Client shall inspect the Work and provide written acceptance or a written list of punch list items within days. Failure to provide timely written notice shall be deemed acceptance of the 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 conflict of law principles. The parties shall attempt in good faith to resolve disputes by negotiation. If the parties cannot resolve a dispute within thirty (30) days, either party may pursue any remedy available at law or in equity.

Entire Agreement

This Agreement, including any attached exhibits and any written change orders signed by both parties, constitutes the entire agreement between the parties with respect to the Work and supersedes all prior oral or written statements, negotiations and agreements. No amendment shall be effective unless in writing and signed by both parties.

Notices

Notices required or permitted under this Agreement shall be in writing and delivered to the addresses set forth above by personal delivery, certified mail (return receipt requested), or commercial overnight courier, and shall be effective upon receipt.

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