This Virtual Office Agreement (“Agreement”) is a legal contract between a company or business (“the Client”) and a virtual office provider (“the Provider”). Both the Provider and the Client may be address to as “the Party” or “the Parties” collectively or individually. Parties hereby concur in the following:
PROPERTIES AND SERVICES
Parties have entered into a rental or leasing agreement. The company offers the client leasing virtual office space. This virtual office space is being use on purpose by the client. Special usage should be alerts sent to the opposing party through email before the event.
The virtual office space’s address is as follows:
The Virtual Office Space is not to be use by the Client for storing personal items. Items left in the virtual office space that are lost, stolen, or damage are not the provider responsibility. The Provider is responsible for providing the Client with all necessary office supplies, including office phones, tables, chairs, wi-fi, private conference rooms, boardrooms for video conferencing around the world, coworking spaces, and secretaries and receptionists on demand.
This agreement’s term will start on the execution date and last for 30 days. Until one of the Parties terminates the agreement, this agreement will automatically renew for the same amount of time.
Either Party may terminate this Agreement by giving the other Part at least 30 days’ written notice prior to the end of the Term. The notification by email will do.
This agreement will expire if:
– The party violates any material condition of this Agreement in a way that cannot be fix within fifteen (15) days or that should have been remedied after receiving written notice but wasn’t,
– On The party loses the ability to fulfill its obligations under this Agreement, including its obligation to make payments;
– The party engages in any conduct that is detrimental to the other party’s business, either through its employees or agents.
Regardless of who terminate the Agreement or the cause for the termination, the Client is responsible for paying all rental payments accrued up until the date of termination, with the exception of cases where the Provider fails to deliver its services.
The Client must pay the Provider identify in the contract the specified sum of the rent. The monthly rental cost must be paid in full before the first business day of each month. If the Provider specify an additional fee with this contract, it must be paid in addition to the monthly rent.
The Provider will choose the deposit, which is paid along with the initial rent. When this agreement is terminate, the Provider will return the deposit unless there is damage to the given office properties.
Provider’s Bank Account No:
LIMITATIONS ON USE/SUBLEASING:
Without the Provider’s prior written consent, the Client may not assign or otherwise transfer its ownership in the Virtual Office Space, either in whole or in part.
The Customer agrees not to sue the Provider for any losses unless they are solely the result of the Provider’s fault. Any harm or loss to the Client which may occur in the Virtual Office Building shall not be the responsibility of the Provider.
This agreement, including any attachments or addendums, contains all the terms to which the parties have agreed with respect to its subject matter. Only the Provider has the authority to change the agreement at any time. All prior discussions and oral commitments are also include into and replace by this agreement.
The Client may not, in whole or in part, assign, sell, lease, or otherwise transfer this Agreement.
Except in a written agreement sign by the party against whom the release is request to take effect, none of the terms of this Agreement may be waive. Any written release shall not be deem a continuing waiver if specifically state, shall apply only to the specific term or condition waive, and shall not be deem a waiver of such term or condition going forward.
Any party is not responsible for harm to the other party for any damage resulting from or otherwise arising from any failure to perform if that party is unable to fulfill its obligations under the terms of this Agreement due to acts of God, strikes, failure of hardware or transmission, or harm reasonably beyond its control.
Client’s Signature Provider’s Signature