Subscription Agreement Payroll 25 July 2023

SUBSCRIPTION AGREEMENT
This Subscription Agreement (the "Agreement") is made and entered into on this date
by and between NEGOSYANTE I.T. SOLUTION CORP., a duly registered business
entity (hereinafter referred to as "Provider"), and [Client's Company Name], a
[Client's Company Legal Status] (hereinafter referred to as "Client").
RECITALS:
WHEREAS, Provider is engaged in the business of providing payroll

software solutions and related services;
WHEREAS, Client desires to subscribe to Provider's payroll software system

and avail the related services;
WHEREAS, both parties agree to the terms and conditions set forth in this
Agreement.
NOW, THEREFORE, in consideration of the mutual covenants and promises

set forth herein, and other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties agree as follows:
DEFINITIONS:
1.1 "Payroll Software System" refers to the web-based payroll software provided by
Provider, which includes but is not limited to features such as employee data
management, salary calculation, tax calculations, reporting, and other related
functionalities.
1.2 "Subscription Term" refers to the duration of the subscription, which shall
commence on the Effective Date and continue for the duration specified in Clause 2.
1.3 "Effective Date" refers to the date on which both parties sign this Agreement.
SUBSCRIPTION TERM:
The initial Subscription Term shall be for a period of [specify the term, e.g., 12
months], commencing on the (Effective Date). Upon the expiration of the initial
Subscription Term, this Agreement shall automatically renew for successive terms of
[specify the term, e.g., 6 months] each, unless either party gives written notice of
termination to the other party at least thirty (30) days prior to the end of the then-
current Subscription Term.
SUBSCRIPTION FEES AND PAYMENT:

3.1 In consideration of the access granted to the Payroll Software System and the
services provided by Provider, Client agrees to pay the subscription fees as outlined in
EXHIBIT A (Pricing) attached hereto.
3.2 The subscription fees shall be paid by Client to Provider in advance, on a

[monthly/quarterly/annual] basis, as specified in EXHIBIT A. Payment shall be
made by [payment method, e.g., bank transfer, credit card, etc.].
3.3 In the event of any delay in payment, Provider reserves the right to suspend access
to the Payroll Software System until payment is received in full.
LICENSE AND USE:
4.1 During the Subscription Term, Provider grants Client a non-exclusive, non-
transferable license to access and use the Payroll Software System for its internal
business purposes only.
4.2 Client shall not: (a) sub-license, resell, or distribute the Payroll Software System
to any third party; (b) modify, reverse engineer, decompile, or create derivative works
based on the Payroll Software System; (c) use the Payroll Software System to perform
services for third parties or use it on behalf of any other entity.
SUPPORT AND MAINTENANCE:
5.1 Provider shall provide technical support and maintenance for the Payroll Software
System during the Subscription Term, including bug fixes, updates, and patches, as
necessary.
5.2 Client agrees to promptly report any issues or bugs encountered while using the
Payroll Software System to Provider's support team.
CONFIDENTIALITY:
6.1 Both parties agree to treat any non-public information obtained from the other
party as confidential and shall not disclose, reproduce, or use such information for any
purpose other than as required to fulfill the obligations under this Agreement.
6.2 The obligations of confidentiality shall survive the termination or expiration of

this Agreement.
TERMINATION:
7.1 Either party may terminate this Agreement in the event of a material breach of any
provision herein by the other party, provided that the non-breaching party gives
written notice to the breaching party and the breaching party fails to cure the breach
within thirty (30) days of receiving such notice.
7.2 Upon termination of this Agreement, Client's access to the Payroll Software
System will be discontinued, and all outstanding fees shall become immediately due
and payable.
LIMITATION OF LIABILITY:
8.1 Provider shall not be liable for any indirect, special, incidental, consequential, or
punitive damages arising out of or related to the use or inability to use the Payroll
Software System or the services provided by Provider.
8.2 Provider's total liability to Client under this Agreement, whether in contract, tort,
or otherwise, shall not exceed the total amount of subscription fees paid by Client to
Provider during the twelve (12) months preceding the date of the claim.
GOVERNING LAW AND DISPUTE RESOLUTION:
9.1 This Agreement shall be governed by and construed in accordance with the laws
of the Philippines.
9.2 Any dispute arising out of or in connection with this Agreement shall be resolved
through good faith negotiations between the parties. If the parties are unable to reach
a resolution within thirty (30) days, the dispute shall be submitted to mediation by a
mutually agreed mediator. If mediation fails, the dispute shall be submitted to binding
arbitration in accordance with the rules of [name of arbitration association] and
conducted in [your city], with each party bearing its own costs.
IN WITNESS WHEREOF, the parties hereto have executed this

Subscription Agreement as of the Effective Date.
Your Company Name Client's Company Name
By: ________________________ By: ________________________
Name: _____________________ Name: _____________________
Title: ________________________ Title: ________________________

Subscription Agreement Payroll 25 July 2023

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SUBSCRIPTION AGREEMENT

WHEREAS, Provider is engaged in the business of providing payroll

WHEREAS, Client desires to subscribe to Provider's payroll software system

NOW, THEREFORE, in consideration of the mutual covenants and promises

SUBSCRIPTION FEES AND PAYMENT:

3.2 The subscription fees shall be paid by Client to Provider in advance, on a

LICENSE AND USE:

SUPPORT AND MAINTENANCE:

6.2 The obligations of confidentiality shall survive the termination or expiration of

GOVERNING LAW AND DISPUTE RESOLUTION:

IN WITNESS WHEREOF, the parties hereto have executed this

Your Company Name Client's Company Name

By: By:

Name: _ Name: _

Title: Title:

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