This Online Meeting Room Rental Agreement (“Agreement”) is made and entered into as of [Insert Date] (“Effective Date”), by and between [Provider Name], a [Insert Incorporation Type] incorporated under the laws of [Insert Location of Incorporation] with its principal office located at [Insert Provider Address] (“Provider”), and [Client Name], a [Insert Incorporation Type/Individual] with its principal office located at/ residing at [Insert Client Address] (“Client”).
WHEREAS, the Provider offers online meeting room services; and
WHEREAS, the Client wishes to utilize the Provider’s online meeting room services subject to the terms and conditions set forth herein.
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties hereto agree as follows:
1. Services Provided:
The Provider agrees to supply the Client with online meeting room services (“Services”) as described in Exhibit A and made a part hereof. The Services will include [describe services, e.g., video conferencing, screen sharing, recording capabilities, etc.].
2. Rental Term:
The rental term shall commence on [Start Date] and shall terminate on [End Date] unless earlier terminated as provided herein (“Rental Term”).
3. Payment Terms:
The Client agrees to pay the Provider a fee of [Insert Fee] per [hour/day/month] for using the online meeting room services. Payment shall be due [Insert Payment Terms, e.g., in advance, upon receipt of invoice].
4. Use of Services:
The Client shall use the Services only for lawful purposes and following the terms of this Agreement and any instruction provided by the Provider.
5. Confidentiality and Data Protection:
Both parties agree to maintain the confidentiality of any proprietary or confidential information exchanged during the use of the Services. The Provider agrees to implement reasonable and appropriate measures to ensure the security of data transmitted and stored through the Services.
6. Cancellation Policy:
The Client may cancel the Services with [Insert Notice Period] notice to the Provider. In the event of cancellation, the Client shall be responsible for [Insert Cancellation Terms, e.g., payment for any Services rendered before cancellation].
7. Limitation of Liability:
The Provider shall not be liable for any indirect, incidental, special, consequential, or punitive damages. Including but not limited to, loss of profits, data, use, goodwill. Or other intangible losses resulting from the use of the Services.
8. Governing Law:
This Agreement shall be governed by and construed under the laws of [Insert Governing Law]. Without regard to its conflict of laws provisions.
9. Dispute Resolution:
Any disputes arising out of or related to this Agreement shall be resolved through [Insert Dispute Resolution Mechanism, e.g., arbitration, mediation] before resorting to litigation.
10. Entire Agreement:
This Agreement constitutes the entire agreement between the parties regarding its subject matter and supersedes all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral.
11. Amendment:
No amendment to this Agreement shall be effective unless it is in writing and signed by both parties.
IN WITNESS of whom, the parties have executed this Online Meeting Room Rental Agreement as of the Effective Date.
[Provider Signature] ___________________________ [Date]
[Client Signature] _____________________________ [Date]
Exhibit A: Description of Services
[Provide a detailed description of the online meeting room services, including any limitations, technical requirements, or additional features.]