When using a virtual business address service, it’s essential to have a clear agreement in place to outline the terms and conditions of the arrangement. Below is a basic template for a virtual business address agreement. It is important to consult with legal professionals to ensure that the agreement complies with local laws and adequately addresses the specific needs of your business:
This Virtual Business Address Agreement (the “Agreement”) is entered into on [Date], by and
between:
[Your Company Name], hereinafter referred to as the “Client,”
and
[Virtual Business Address Provider’s Company Name], hereinafter referred to as the “Service Provider.”
1. Services Provided
The Service Provider agrees to provide the Client with a virtual business address, including mail handling and forwarding services as outlined in Exhibit A attached hereto.
2. Term of Agreement
This Agreement shall commence on [Effective Date] and continue for an initial term of [Initial Term]. The Agreement may be renewed for successive periods upon mutual written agreement of both parties.
3. Payment and Fees
Client agrees to pay the Service Provider the fees outlined in Exhibit B attached hereto. Payment shall be made [monthly/annually] in advance.
4. Mail Handling
The Service Provider agrees to handle and forward mail to the Client’s designated address as per the instructions provided by the Client.
5. Confidentiality
Both parties agree to keep any confidential information obtained during the course of this agreement confidential and not to disclose it to any third party.
6. Termination
Either party may terminate this Agreement upon written notice if the other party breaches any material term or condition of this Agreement.
7. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [Your Jurisdiction].
8. Miscellaneous
Any amendments to this Agreement must be in writing and signed by both parties.
IN WITNESS WHEREOF, the parties hereto have executed this Virtual Business Address Agreement as of the Effective Date.
Client:
[Your Company Name]
[Authorized Signatory]
[Date]
Service Provider:
[Virtual Business Address Provider’s Company Name]
[Authorized Signatory]
[Date]
Exhibit A: [Attach details of services provided]
Exhibit B: [Attach details of fees and payment terms]
This template is a starting point and may need to be adjusted based on your specific requirements and the legal regulations in your jurisdiction. Always seek legal advice to ensure that the agreement is comprehensive and legally sound.
