Service Agreement

This is a legally binding contract, by making a payment you are agreeing to be bound by this contract.  This contract is entered into by and between the payee (collectively the "Client") and Honey Hive Bookkeeping ("Provider").  In consideration of the mutual promises contained in this Contract, the contracting parties agree as follows:

I. CONTRACT TERMS

This contract shall become effective on the day that the initial payment for services is made.  It shall remain in effect until the services required hereunder have been completed satisfactorily by Provider unless sooner terminated as provided in this Contract.

II. SERVICES

Under the terms and conditions stated in this Contract, Provider agrees to perform the following specific bookkeeping services for Client:

Transaction categorization, monthly account reconciliations, financial statement preparation for internal use only, financial statement analysis for internal use only.  These services are available only to businesses operating in the United States.

III. FEES FOR SERVICES

In consideration of the services to be performed by the Provider, the Client agrees to compensate the Provider for the services rendered as follows:

Fees will be based on the subscription level selected by the Client, options of which include $195 per month for up to two bank accounts reconciled and up to 100 monthly transactions.  $365 per month for up to four bank accounts reconciled and up to 200 monthly transactions, $595 per month for up to 6 bank accounts reconciled and up to 350 monthly transactions, $825 per month for up to 8 bank accounts reconciled and up to 500 monthly transactions, and $1,055 per month for up to 10 bank accounts reconciled and up to 700 monthly transactions.  Payment is due on the first of the month and services will not be performed unless payment in full has been made.  

IV. CLIENT'S COOPERATION

The Provider is hereby authorized to communicate with the Client's custodian regarding the Client's account and other relevant data.  The Client takes sole responsibility for the acts or omissions of itself and it's custodian(s) and will instruct any future custodian of the Client to provide the Provider with custodian's reports and other information of the Client that the Provider requires to perform it's Services.  The Client will provide the provider with true and complete information necessary for the Provider to perform its services.  The timely performance of the Services will depend on the timely receipt of complete Client data.  Failure to supply the Provider with the requested information will result in immediate termination of the contract without reimbursement of fees.

V. MUTUAL REPRESENTATIONS

(a) Representations by the Client: The Client represents and warrants that:

     i. it will comply with applicable law in its use of the Services;

     ii. execution, delivery, and performance of this Contract have been duly authorized and shall not conflict with any obligation of the Client, whether 

        arising by contract, operation of law, or otherwise

     iii. this Contract constitutes a valid, binding obligation of the Client, and 

     iv. the Client has all rights necessary and power necessary to appoint the Provider as its agent

(b) Representations by the Provider: The Provider represents and warrants that:

     i. it will comply with applicable law in the performance of the Services;

     ii. execution, delivery, and performance of this Contract have been duly authorized and shall not conflict with nature of the Client's business, 

        whether arising by contract, operation of law, or otherwise

     iii. this Contract constitutes a valid, binding obligation of the Provider; and

     iv. the Provider has all rights necessary to provide the Services contemplated herein.

VIII.TERMINATION

This Contract may be terminated as follows:

(a)This Contract may be terminated by either party by giving written notice to the other party.

(b)In the event the contract is terminated by the Client no refund is to be paid for the remaining services.

(c)In the event the contract is terminated by the Provider a refund for future service periods will be paid within 10 business days.

(d)Either party has the right to terminate this Contract where the other party becomes insolvent, fails to pay its bills when due, goes out of business, or there is a death of a party.

(e)If either party breaches any provision of this Contract.

IX.MISCELLANEOUS

(a)Governing Law: This Contract shall be construed under and in accordance with the laws of Ohio.

(b)Parties Bound: This Contract shall be binding on and insure to the benefit of the parties to this Contract and their respective heirs, executors, administrators, legal representatives, successors, and assigns as permitted by this Contract.

(c)Severability: If one or more of the provisions contained in this Contract shall for any reason be held invalid, illegal, or unenforceable in any respect, that invalidity, illegality, or unenforceability shall not affect any other provision. The Contract shall be construed as if the invalid, illegal, or unenforceable provision had never been contained in it.

(d)Prior Contracts Superseded: This Contract constitutes the sole and only agreement of the parties and supersedes any prior understandings or written or oral agreements between the parties respecting the subject matter of this Contract.
(e)Entire Agreement: This instrument contains the entire agreement between the parties relating to the rights granted and the obligations assumed in it. Any oral representations or modifications concerning this instrument shall be of no force or effect except any amendment by both parties by a written agreement.
(f)Attorney’s Fees: If any action in law or in equity is brought to enforce or interpret the provisions of this Contract, the prevailing party will be entitled to reasonable attorney’s fees in addition to any other relief to which that party may be entitled.