Security Agreement Form

I. The Parties

This Security Agreement ("Agreement") is entered into as of Month Day, Yearby and between [Your Company Name]with a primary place of business at [Your Company Address] ("Company"), and Client’s Name residing at Client’s Address ("Client"). The Company and Client may collectively be referred to as the ("Parties") or individually as a ("Party").

WHEREAS, the Company is in the business of providing security services and has the expertise and personnel to fulfill the requirements of this Agreement;

WHEREAS, the Client desires to retain the services of the Company to provide security services for its premises or specific event(s) as specified in this Agreement;

WHEREAS, the Parties desire to define their rights and obligations with respect to the provision of security services by the Company to the Client;

NOW THEREFORE, in consideration of the mutual covenants contained herein, the Parties agree as follows:

II. Term and Termination

A. Term

This Agreement shall commence on Month Day, Year, and shall continue in effect for an initial period of No. of months/years unless terminated earlier in accordance with the terms of this Agreement. The Agreement may be renewed for additional periods upon mutual written consent of the Parties. All terms and conditions shall apply throughout the duration of this Agreement, including any renewal periods. The Company reserves the right to adjust the terms upon renewal.

B. Termination

Either Party may terminate this Agreement by providing a written notice of Numberdays prior to the intended date of termination. The termination notice must be delivered via certified mail, email, or any agreed-upon means of communication. The Company shall cease all services on the effective termination date and shall not be liable for any services or activities beyond that date.

If the Client fails to pay any fees due under this Agreement within Number days after receiving a payment notice, the Company may terminate this Agreement immediately upon written notice to the Client. The Company shall have no further obligation to provide security services upon such termination.

If the assigned security personnel do not properly fulfill their obligations, the Client must notify the Company immediately. The Company will review the matter and, at its discretion, may replace the personnel or terminate the Agreement if no satisfactory resolution is achieved.

III. Payment

The Client agrees to pay the Company a fee of Amount per month for the security services provided under this Agreement. Payments shall be made on a Payment Frequency basis and are due on or before the Day day of each payment period. All payments shall be made via Payment Method(s) to the designated account of the Company. Late payments will incur a penalty fee of Percentage percent of the overdue amount per month.

IV. Security Personnel

The Company shall provide qualified security personnel to perform the services as outlined in this Agreement. The Company reserves the right to select the personnel assigned to the Client's premises or event based on their skills, experience, and suitability for the task. The assigned personnel will perform duties as per the Company's standards and the Client's specific requirements.

If the Client wishes to replace any assigned personnel for valid reasons, such as performance issues or other reasonable grounds, the Client may request a replacement from the list of available security personnel maintained by the Company. The Company will assess the request and provide suitable personnel replacements if deemed necessary and appropriate.

V. Responsibilities

A. Company

The Company shall ensure that all security personnel provided under this Agreement are adequately trained, certified, and licensed in accordance with local and federal laws. The Company shall be responsible for the supervision, discipline, and overall management of the security personnel while they are assigned to the Client's premises or event. The Company will provide all necessary equipment, uniforms, and tools required to perform the services effectively.

The Company shall maintain regular communication with the Client to ensure that security needs are met and any issues or concerns are promptly addressed. Additionally, the Company will conduct regular evaluations of the security personnel to ensure compliance with performance standards.

B. Client

The Client shall provide a safe and suitable working environment for the security personnel assigned by the Company. The Client agrees to promptly inform the Company of any incidents, emergencies, or security breaches that occur on the premises or at the event. The Client shall not require the security personnel to work beyond the agreed-upon hours without the consent of the Company.

The Client is responsible for providing access to the premises or event area as needed for the security personnel to perform their duties. The Client shall not request or instruct the security personnel to perform tasks outside the scope of their assigned responsibilities.

VI. Independent Contractor

The Company and its security personnel are independent contractors and not employees, agents, or representatives of the Client. This Agreement does not create any partnership, joint venture, or employer-employee relationship between the Parties. The Company shall have full control over the manner in which the services are provided, including the selection, training, and supervision of personnel.

The Client shall not have the authority to bind the Company or its personnel to any third-party obligations or contracts. The Company shall be solely responsible for payment of wages, benefits, taxes, and insurance for its personnel. Neither Party shall represent themselves as being in a different relationship than that outlined in this Agreement.

VII. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of State Name, without regard to its conflicts of law principles. Any legal action or proceeding arising under this Agreement shall be brought in the courts located in State Name, and the Parties hereby consent to the jurisdiction of such courts.

In the event of a dispute, the Parties shall attempt to resolve the matter through good faith negotiations. If the dispute cannot be resolved amicably, the Parties agree to submit the matter to binding arbitration in Location. The decision of the arbitrator shall be final and binding.

VIII. Miscellaneous Provisions

A. Confidentiality

The Parties agree to keep all information related to this Agreement confidential and not disclose it to any third party without the prior written consent of the other Party. This obligation shall survive the termination or expiration of this Agreement.

B. Non-Waiver

The failure of either Party to enforce any provision of this Agreement shall not be deemed a waiver of the right to enforce that provision or any other provision in the future. A waiver shall only be effective if made in writing and signed by the waiving Party.

C. Severability

If any provision of this Agreement is found to be invalid or unenforceable by a court of competent jurisdiction, such provision shall be severed from this Agreement, and the remaining provisions shall continue in full force and effect.

D. Entire Agreement

This Agreement constitutes the entire understanding between the Parties and supersedes all prior agreements, understandings, or representations, whether written or oral, relating to the subject matter hereof. No amendments or modifications to this Agreement shall be effective unless made in writing and signed by both Parties.

E. Assignment

Neither Party shall assign or transfer any rights or obligations under this Agreement without the prior written consent of the other Party. Any attempted assignment in violation of this provision shall be null and void.

F. Notices

All notices required or permitted under this Agreement shall be in writing and shall be delivered personally, sent by certified mail, or sent by email to the addresses provided by the Parties in this Agreement.

IX. Signatures

IN WITNESS WHEREOF, the Parties hereto have executed this Security Agreement as of the date first above written.

Company Name: Date:

Client Name: Date:

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