Agreement Terms And Conditions
*Client confirms that he/she has read and understood the terms and conditions and agrees to be bound by them and CoWorks agrees to provide the services and accommodations as stated above.
- This Agreement does not create a tenancy interest, leasehold estate or other real property interest on behalf of the Client in regards to the office accommodations. This shall be strictly construed as a license of the office accommodations as indicated by the Office Suite # described above. CoWorks retains the possession and control over the office center in its entirety. The Client acceps the right to temporarily share the CoWorks office center on the terms and conditions as stated in this Agreement. This Agreement is between CoWorks and the Client and cannot be transferred to a third party.
- This Agreement is confidential. Client may not disclose any of the pricing and terms of this Agreement without express written consent of CoWorks. Confidentiality remains in place even after the termination of this Agreement.
- Client understans and agrees that the CoWorks space may be unavailable from time to time, at any time, for Events.
- If the Client requires a company name change, request must be submitted to CoWorks in writing with 7 days advance notice.
IV: USAGE CONDITIONS: Client agrees to use the accommodations for business purposes only. Client does not have the right to sublease the office space to a third party. Client shall have the rights to use the office center as its business address, for mail receipt, and for business registration purposes. CoWorks is not responsible for any of Client’s property and is not responsible for any damages or theft. The office accommodations are rented in as-is condition and cannot be altered without prior express consent of CoWorks. CoWorks is seeking to maintain the office center to the “Building Standard” as of the effective Date of this Agreement. No alteration may be made to the office accommodations including the addition or changing of locks/bolts to the windows or doors. Upon initial move-in, the Client, will sign an inventory form verifying all accommodations and the conditions at move-in. The Client agrees to be respectful of all CoWorks property including the office accommodations, common areas within the office center and all office furniture and equipment, and Client is liable for damage to any such property. The Client shall not store or operate any large machine or equipment within the office accommodations, this includes, but is not limited to, heaters, stoves, coffee makers, vending machines, copiers, refrigerators, stoves, grills, servers, or other equipment without CoWorks consent. Client shall not sleep or live within CoWorks. The electrical current that CoWorks provides to Client within the office accomodations shall be used for ordinary lighting, personal computers and office equipment that me be provided by CoWorks. If special wiring or installation is required, it will be at Client’s expense and only after express written consent from CoWorks. The Client shall not use the CoWorks office center for manufacturing processes. The Client shall not use the premises for the manufacture or sale of liquor, narcotics, or tobacco of any kind. Client shall use the space for general office, and is not to hold or permit retail sales or auctions within CoWorks. Client shall not obstruct business for any other CoWorks clients. The Client shall not use the the CoWorks office center for any illegal or immoral purposes. The Client accepts full responsibility for the legal and appropriate conduct of all their employees, guest of employees, including purchase/and/or consumption of alcohol on premises as legally acceptable to state and federal law. Should the need arise, CoWorks may provide the Client with alternative suite accommodations of comparable value or better, in CoWorks sole discretion.
V: SERVICES: CoWorks shall provide the office accommodations as stated herein and the furniture as shown on the first page. Coworks may provide and allow the Client access to kitchen facilities. Additional beverages and snacks may be provided by CoWorks at such fees to be determined by CoWorks. Coworks shall provide the WI-FI internet connections as stated on the first page for the Agreement. The Client acknowledges that the Internet services provided by CoWorks are contingent on third party providers, including but not limited to internet speeds, data protection and call/data rates. If Property experiences network disruption due to Client not gaining pre-approval of CoWorks for installation of Client equipment, misconfiguring equipment on network, or causing incorrect installation of Client devices on CoWorks network, CoWorks will bill back to the Client responsible, all costs needed to resolve the disruption. The Client acknowledges that all standard services are provided during business hours, however Client will have 24-hour access to the office accommodations as well as electric and internet services. If requested, and available, CoWorks may provide administrative support on behalf of the Client at such fees to be determined by CoWorks. The Client may utilize their own phone and internet services when arranged in advance and given direct written consent from CoWorks.
VI: CLIENT CONDUCT: The Client, as well as all Client’s employees and guests, shall conduct themselves in a businesslike manner, proper business attire, and keep noise at a respectful level at all times while on CoWorks premises. CoWorks shall provide entry access to the Client including all required keys and security access cards. The Client is responsible for all issued keys and access cards and is required to return them at termination. If client has a lost or stolen key or card, Client is responsible to notify CoWorks staff immediately and pay $25 for an access card or $50 for a key for replacements. Canvassing or soliciting business or for any other purpose is prohibited anywhere wihin the CoWorks office center. No animals shall be permitted within the CoWorks office center, aside from certified service animals. The Client acknowledges that the services rendered by CoWorks, and its agents, are shared services and may be offered to other CoWorks clients. Smoking is prohibited in the entirety of the office center including within the provided office accommodations.
VII: INSURANCE: The client is liable for all of their own belongings within the office accommodations and responsible for providing their own insurance. The client shall indemnify CoWorks, its members, employees, staff, cleaners, agents or invitees against any theft, damages, or loss from the office accommodations and its contents, including but not limited to, hardware and software, except in cases of gross negligence, fraud, or willful misconduct. The Client is solely responsible for all taxes on personal property for any of their own items that they bring to and/or keep within the rented space.
VIII: FEES: Client acknowledges that all set recurring fees, including but not limited to monthly rental, internet and all other fees, will be billed monthly at the rates stated on the first age of this Agreement. Additional Services may be utilized by Client, when available, at an additional cost and all associated fees will be billed monthly based on usage and client agrees to pay them upon receipt of invoice. Additional Services are listed on the Service Sheet. Setup fees: The Client shall be charges a per person initial setup fee for the office accommodations as stated of the first page of this Agreement.
IX: INITIAL PAYMENT, SETUP & MOVE-OUT FEES: The client acknowledges that the office accommodations listed on the first page of this Agreement will not be reserved until after the required setup fees, move-out fees and first month’s rent have been paid in full. At the time of receipt of initial payment in full along with signed Agreement, the stated office accommodations shall be preserved for a 30 day period. should the Client not proceed with the agreement, the initial payment is not refundable. The move-out fee provided by the Client shall be used towards expenses for returning the office to move-in conditions. These include, but not limited to, cleaning, repair to minor damages, patching and painting and logo removal. The fee may be used to pay third party providers for services. Reasonable wear and tear of the office accommodations by the Client during their period of occupancy is acceptable. Expenses for repairing any excessive damages to the office accommodations by the Client may be billed back to the Client on a final invoice after the Client has vacated the office accommodation.
X: PAYMENT: All prices are cash based. payments may be made via check, direct debit, eft or credit card. credit card payments are subject to a 4% processing fee. rental and fixed monthly costs shall be billed in advance on a monthly basis, and include, but not limited to internet connections, additional furniture, storage space rentals. All variable monthly costs, including but not limited to, beverages, administrative support, purchased beverages, long distance phone calls, meeting space usage, will be billed on a pay as you go basis included on the monthly invoice. In order to reduce monthly costs and in an effort to meet green standards, CoWorks will provide all monthly invoices electronically via email. Late Payment: If Client does not pay balance in full within five days of receiving the invoice vie email (issued on or before the first day of the month). Client will be subject to a late payment of 5%. The same applies if the issued payment bounces or is rejected due to insufficient funds or by any other reason. Should payment not be received on or before the 20th of the month, access to the property and office accommodations as outlined of the first page of this Agreement may be restricted. Taxes will be billed at Local, State and Federal mandated rates.
XI: TERMINATION AND RENEWAL: At the end of each term, the Agreement does not automatically terminate. If the Client does not wish to renew this Agreement for an additional equivalent term, the Client shall provide 30 days’ advance written notice of termination of this Agreement to CoWorks. If Client does not provide advance written notice, this Agreement will renew for an equivalent term at a monthly fee for the office suite at 104% of the rate previously in effect, plus rates for other services at CoWorks current rates then in effect for the office center. CoWorks may provide immediate written notice to Client to cease Client’s occupation of the office accommodations prior to the stated termination date of this Agreement for any reason whatsoever, provided, if the Client is not observing the rules for the office center, as reasonably prescribed by CoWorks, this Agreement may be terminated by CoWorks immediately upon written notice to Client. At the time of termination, the Client will immediately and peacefully cease occupancy of the premises, return all keys and access cards, and return all office accommodations in as-new condition. Any items left within CoWorks office accommodations after time of termination will be considered property of CoWorks and may be utilized or sold without Client’s knowledge or consent. The Client’s access card will be disabled at termination.
XII: LEGAL: CoWorks is not liable for any loss of business, loss of profits, loss of anticipated salings, loss of or damage to data or any consequential loss(s). In the event of a material breach of this Agreement by the Client, the Client is responsible for immediate and full payment of all rental and services as stated on the first page of the Agreement in its entirety, as well as costs for any damages and legal fees if applicable, and may be asked to leave the premises immediately. The Client must comply with all governing law within the country and state and laws regulations specific to their business with Coworks. The Client releases CoWorks from any liability related to the receipt of mail and/or packages on Client’s behalf. Disclaimer of liability for third party products in regards to services provided by CoWorks to Client through a third party provider, including but not limited to internet and phone service. CoWorks disclaims any and all liability, including any express or implied warranties. All notices herin shall be in writing and may be made by service either by mail, personal delivery, or by certified mail or reputable currier service, addressed to the parties herein as indicated on page one. Time is of the essence of this Agreement.