Free Training Cost Agreement Template
Training Cost Agreement
1. Purpose
This Training Cost Agreement ("Agreement") is made and entered into by and between [Your Company Name], whose principal office is located at [Your Company Address], and v, whose principal office is located at 456 Innovation Road, Suite 800, Silicon Valley, CA 94025. The purpose of this Agreement is to outline the responsibilities and obligations of both parties concerning the cost of training services to be provided.
2. Training Services
[Your Company Name] will offer the following training services to TechPro Enterprises:
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Course Name: Advanced Project Management Techniques
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Course Duration: 5 days
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Course Schedule: January 10, 2050 to January 14, 2050
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Delivery Method: In-person (at TechPro Enterprises' headquarters)
3. Cost and Payment Terms
The total cost for the training services shall be $15,000 USD. Payment terms are as follows:
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An initial deposit of $5,000 USD is due upon signing this Agreement.
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The remaining balance of $10,000 USD is due 15 days prior to the commencement of the training, which is December 26, 2049.
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Payments should be made via bank transfer to [Your Company Name]. Account Number 123456789, Bank of America, Branch Code 987654.
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Late payments will incur a 5% fee per month on the outstanding balance.
4. Cancellation and Refund Policy
Cancellations made by TechPro Enterprises must be provided in writing. Refund terms are as follows:
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Cancellations made more than 30 days before the training (i.e., before December 10, 2049) will receive a full refund, minus any non-refundable deposits.
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No refunds will be issued for cancellations made within 30 days of the training (i.e., after December 10, 2049).
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If [Your Company Name]. cancels the training, all fees paid will be refunded promptly.
5. Liability and Indemnification
[Your Company Name] will not be held liable for any indirect, incidental, special, consequential, or punitive damages resulting from the training services. TechPro Enterprises agrees to indemnify and hold [Your Company Name] harmless against all claims, damages, losses, and expenses arising out of or resulting from the provision of training services.
6. Confidentiality
Both parties agree to maintain the confidentiality of any proprietary or sensitive information disclosed during the term of this Agreement. This obligation shall survive the termination of this Agreement.
7. 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 conflict of law principles.
8. Entire Agreement
This Agreement constitutes the entire understanding between the parties concerning the subject matter hereof and supersedes all prior agreements, discussions, or representations.
9. Amendment
No amendment or modification of this Agreement shall be valid unless in writing and signed by both parties.
Signatures
IN WITNESS WHEREOF, the parties have executed this Training Cost Agreement as of the date first above written.
Training Provider:
[Your Name]
[Your Company Name]
[Date]
Client:
Sophie Fadel
TechPro Enterprises
[Date]
