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Corporation
Formation Agreement
In this agreement
("Agreement") "you" and "your" refer to
each client, "we", us" and "our" refer to Nationwide
Incorporators, its contractors, agents, employees, officers, directors
and affiliates (hereinafter "NI"), and "Services"
refers to the services provided by us. This Agreement explains our obligations
to you and your obligations to us as they relate to the Services. By using
the Services under this Agreement, you acknowledge that you have read
and agree to be bound by all terms and conditions of this Agreement and
any pertinent rules or policies that are or may be published by us. You
acknowledge that you are over eighteen years of age, or have otherwise
reached the age of majority in your state.
CORPORATE
NAME
Pursuant
to this Agreement, NI will perform a preliminary, non-binding name availability
search to determine whether the corporate name you have chosen is already
in use by another corporation in your selected state. If your selected
corporate name is not available, NI will then (in the order of preference
listed by you in your application) search the alternate corporate names
you have provided until the search results yield a corporate name that
is available. In the event that you do not include the proper corporate
ending (e.g., "Inc.," "Corp.," or "Corporation")
NI will add the "Inc." suffix if required by your chosen state.
You agree that you are responsible for the spelling of the corporate name(s)
you have provided. You agree that you have double-checked that the proposed
corporate name(s) provided by you are spelled exactly as you desire and
contain the exact punctuation to be included or excluded from your name.
To signify "and" in your corporate name, we will use the "&"
symbol only if you have used this symbol in your proposed name. Otherwise,
we will use "and" spelled out. You understand that this request
is not reversible after you submit your request.
In California,
we will automatically reserve the first available corporate name in the
order of priority listed on your questionnaire as part of our basic incorporation
fee. In states outside California, we will reserve the first available
corporate name as part of our basic fee under the following circumstances:
(i) name reservation procedures are available in your state, and (ii)
the procedure available will not unreasonably delay the processing of
your articles of incorporation. We will not reserve your corporate name
outside of California under the following circumstances due to time delays:
(i) If you have requested expedited processing (filing) of your articles
of incorporation, or (ii) name reservations can only be done by mail and/or
the incorporating agency sends a written name reservation document that
must be submitted with the articles of incorporation at the time of filing.
You understand
that the final determination of the use of a corporate name is made by
the legal department of the state agency only after the articles have
been submitted for filing, whether or not a corporate name was reserved.
Accordingly, we do not guarantee that your proposed name is available
for use as a corporate name in your state. NI is not responsible in any
way for reliance on the availability of a corporate name. We urge you
NOT to begin using your corporate name for any purpose, whether or not
reserved by us with the incorporating agency, until you receive your filed
articles of incorporation confirming your right to use such name. In particular,
you should not order stationery, business cards, phone book listings,
signs or incur any other expense using your corporate name until AFTER
receipt of your filed articles.
In
the event that your preferred corporate name is unavailable and you wish
to terminate the incorporation process, your sole remedy will be limited
to the fees paid to NI. See the REFUNDS AND CREDITS section below for
more details.
There are
several ways in which rights to use a particular business name may be
acquired. These include common law rights, trademark or trade name rights,
and rights arising from filing a fictitious business name statement (sometimes
called a "trade name statement"). You understand and agree that
the filing of articles of incorporation provides only the exclusive right
to use such name as your corporate name in your filing state. We cannot,
and do not, check to determine whether the corporate name you select,
or the use you make of the corporate name, infringes the legal rights
of others, arising from another method of acquiring name rights, to use
the identical or substantially similar name in business.
For these
reasons, you agree that, if the registration or reservation of your corporate
name is challenged, or if a dispute arises with any third party over the
right to use such name as your corporate or business name, you will indemnify
and hold us harmless and defend us against any such claim.

REFUNDS
AND CREDITS; DISCLAIMER OF WARRANTIES
If for any
reason you decide after submission of your service request not to have
us process your incorporation, if NI has not initiated processing of your
order, NI will retain a $15 processing fee and will refund the remainder
of the fees paid to NI. In the event NI has initiated the processing of
your service request, then NI will retain a $50 processing fee, and will
refund the remainder of the fees paid to NI, less any fees paid to the
Secretary of State or other governmental agency and any fees incurred
with our corporate supply company for your corporate kit. If NI makes
an error, we will undertake reasonable efforts to cure and amend any necessary
documentation, or will refund the fees paid to NI (and possibly to the
applicable state entity) at the sole discretion of NI. With the exception
a problem resulting from the sole error of NI, at no time will any fees
paid to the Secretary of State or third party service provider be refunded
to you.
If for any
reason your service request is unreasonably delayed, destroyed, misplaced,
or otherwise missing, NI WILL NOT BE RESPONSIBLE FOR ANY CONSEQUENTIAL,
INCIDENTAL, OR COMPENSATORY DAMAGES. YOUR SOLE REMEDY WITH NI WILL BE
A COMPLETE REFUND OF ANY AND ALL FEES PAID TO NI FOR OUR SERVICES.
Estimated
processing times for both normal and expedited processing of articles
are based on the most current information provided to us by each state.
These processing times are estimates only and may be delayed in times
of heavy volume, holidays, or other circumstances beyond the control of
NI. For these reasons, we do not guarantee that services will be completed
in the time estimated. In the event that your service request is not completed
on time, your sole remedy will be limited to a refund of any additional
fees paid for the expedited processing of your order.

An order
is placed at the time it is submitted to NI via the Internet, telephone,
facsimile or mail and NI has received the required payment for the services
requested. NI customarily prepares articles and sends them to the Secretary
of State for processing within 1 business day of the date an order is
placed. No modification may be made to your articles of incorporation
after NI has submitted them for filing to the Secretary of State. NI will
accept modifications for internal documents or optional services prior
to the preparation of such document or performance of a requested optional
service upon prior authorization. Following receipt of prior authorization,
a modification to the order is valid only after NI receives a signed,
written request from you via facsimile.
LEGAL
OR FINANCIAL ADVICE AND REPRESENTATION
The materials
in this Web site contain information of general application. While the
information has been thoroughly researched by our legal staff and is believed
to be accurate, it necessarily cannot address the laws of each individual
state nor federal tax, securities or other laws that may impact the formation
of your corporation. Additionally, the fluid nature of laws and their
continuing change and differing interpretations precludes NI from offering
legal advice. Accordingly, the information provided on this Web site is
not intended to replace the advice of an attorney.
In completing
and submitting our incorporation questionnaire, you agree that you will
be acting as your own attorney. NI completes information on the required
forms and other corporate documents based on the information you have
provided to us. By providing you with this service, you understand and
agree that no attorney-client relationship is or will be formed between
you and NI, and none is intended or implied.

FEES,
PAYMENT, AND ACCOUNT INFORMATION
As consideration
for the services you have selected, you agree to pay us the applicable
service fees. All fees payable hereunder are nonrefundable except as provide
above. As further consideration for the Services, you agree to: (1) provide
certain current, complete and accurate information about you as required
by the application process and (2) maintain and update this information
as needed to keep it current, complete and accurate. All such information
shall be referred to as account information ("Account Information").
You hereby
grant us the right to disclose to third parties such Account Information
as is necessary in order to complete the forms or documents required to
provide the services requested by you. For more information about the
information we provide to third parties, please refer to our Privacy Policy.
AUTHORIZED
SHARES
If you request
authorized shares in your Articles of Incorporation that exceed the maximum
number of shares permitted by the selected filing state for the minimum
filing fee, you are solely responsible for any and all additional fees
incurred at any time. If your payment for services does not include the
additional filing fee required by your state based on the number of authorized
shares you requested, we will either contact you to obtain the additional
fee due, or reduce the number of authorized shares requested and/or adjust
the par value for the shares as required to stay within the minimum filing
fee.

POST-INCORPORATION
REQUIREMENTS
NI is not
responsible for advising or reminding you of any requirements or obligations,
including, but not limited to any annual reports or taxes due. If your
state requires the publication of your articles following your incorporation
NI will process and pay for such publication if we collected this fee
from you. Except as provided below, NI's involvement in your corporation
terminates at the time your corporate kit is delivered to you with all
completed documents. If your particular state has requirements, within
ninety (90) days of incorporating, for publication of your articles or
the processing of any other post-incorporation forms, such as your Initial
Report, and these post-incorporation services were included as part of
your incorporation and any applicable fee(s) were paid by you, then NI
will handle all such post-incorporation requirements for you. Any requirements
or obligations for the maintenance of your corporation thereafter are
NOT the responsibility of NI and are the sole responsibility of you.
MODIFICATIONS
TO AGREEMENT
You agree
that we may revise the terms and conditions of this Agreement and change
the services provided under this Agreement. Any such revision or change
will be binding and effective immediately upon posting the revised Agreement
or change to the service(s) on our Web site, or on notification to you
by email or regular mail. You agree to review our Web site, including
this Agreement, periodically to be aware of any such revisions. You agree
that, by continuing to use our Services following notice of any revision
to this Agreement or change in service(s), you abide by any such revisions
or changes.

LIMITATION
OF LIABILITY
You agree
that our entire liability, and your exclusive remedy, with respect to
any Services(s) provided under this Agreement and any breach of this Agreement
is solely limited to the amount you paid for such Service(s). NI shall
not be liable for any direct, indirect, incidental, special or consequential
damages resulting from the use or inability to use any of the Services
or for the cost of procurement of substitute services. Because some states
do not allow the exclusion or limitation of liability for consequential
or incidental damages, in such states, our liability is limited to the
extent permitted by law.
NI disclaims
any and all loss or liability resulting from, but not limited to: (1)
loss or liability resulting from access delays or access interruptions;
(2) loss or liability resulting from data non-delivery or incomplete delivery;
(3) loss or liability resulting from acts of God; (4) loss or liability
resulting from errors, omissions, or misstatements in any and all information
provided under this Agreement.
INDEMNITY
You agree
to release, indemnify, and hold us, our contractors, agents, employees,
officers, directors and affiliates harmless from all liabilities, claims
and expenses, including attorney's fees, of third parties relating to
or arising under this Agreement, the Services provided hereunder or your
use of the Services, including without limitation infringement by you
of any intellectual property or other proprietary right of any person
or entity, or from the violation of any other operating rules or policy
relating to the service(s) provided. If NI is threatened with suit by
a third party, we may seek written assurances from you concerning your
promise to indemnify us. Your failure to provide those assurances may
be considered by us to be a breach of your Agreement.

SEVERABILITY
In the event
that any of the provisions of this Agreement are held to be unenforceable,
such provisions shall be limited or eliminated to the minimum extent necessary
so that the Agreement shall otherwise remain in full force and effect.
You agree that this Agreement amounts to the complete and exclusive agreement
between you and us regarding our Services. This Agreement supersedes any
prior agreements and understandings, whether established by custom, practice,
policy or precedent.
GOVERNING
LAW
This Agreement
is entered into in the state of California and shall be construed in accordance
with the laws of California, exclusive of its choice of law rules. Each
party to this Agreement submits to the exclusive jurisdiction of the State
and Federal Courts having jurisdiction in the County of Los Angeles in
the state of California, and waives any jurisdictional, venue, or inconvenient
forum objections to such courts.
ENTIRE
AGREEMENT
This Agreement
constitutes the entire agreement between you and NI and supersedes any
prior agreement, whether oral or written, between you and NI.

Thank you for
choosing Nationwide Incorporators®. Please feel free to
contact us with any questions or concerns you may have.
Nationwide Incorporators®
15928 Ventura Blvd., Suite 224
Encino, CA 91436
Toll-Free: 1.800.503.4443
Fax: 1.818.788.6854
Email: contact@ nationwide-incorporators.com
URL: http://www.nationwide-incorporators.com
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