March 14, 2024

Virtual Workplace Lease Agreement Template

Virtual Workplace Lease Agreement Template

Virtual Workplace Services offer a seamless integration of remote collaboration tools, enabling teams to connect and work efficiently from any location. With a comprehensive suite of features ranging from virtual meetings to document sharing, these services streamline communication and foster productivity.

This Agreement, made and entered into as of [Date], by and between [Name of Virtual Office Provider], a [State of Incorporation] corporation with its principal place of business at [Address] (“Provider”), and [Name of Tenant], a [Business Entity Type] with its principal place of business at [Address] (“Tenant”).

Witnesseth:

WHEREAS, Provider is in the business of providing virtual office services, including, but not limited to, a business address, mail forwarding, and other related services; and

WHEREAS, Tenant desires to lease certain virtual office services from Provider;

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

1. Services: Provider agrees to provide Tenant with the following virtual office services:

  • Business Address: A professional business address at Provider’s location, which may be used on Tenant’s business cards, stationery, and marketing materials.
  • Mail Forwarding: Receiving and forwarding of Tenant’s mail to a designated address.
  • [List other included services, e.g., meeting room access, call answering, etc.]

2. Term and Termination: This Agreement shall commence on [Start Date] and shall continue for a period of [Term Length] (the “Term”). Either party may terminate this Agreement upon [Notice Period] written notice to the other party. This Agreement may also be terminated by Provider immediately upon the occurrence of any of the following events:

  • Tenant’s failure to pay any amount due hereunder within [Grace Period] days of the due date;
  • Tenant’s breach of any other material provision of this Agreement; or
  • Tenant’s insolvency or bankruptcy.

3. Fees and Payment: Tenant agrees to pay Provider a monthly fee of [Monthly Fee] for the services provided hereunder. The monthly fee shall be payable in advance on the first day of each month.

4. Tenant Responsibilities. Tenant agrees to:

  • Use the services provided hereunder lawfully and ethically;
  • Comply with all applicable laws and regulations;
  • Not use the services provided hereunder to engage in any activity that is harmful or offensive to others;
  • Indemnify and hold the Provider harmless from any claims, losses, damages, and liabilities arising from or relating to the Tenant’s use of the services provided hereunder.

5. Warranties and Disclaimers: Provider makes no warranties, express or implied, for the services provided hereunder, including, but not limited to, warranties of merchantability, fitness for a particular purpose, or non-infringement. Provider disclaims all liability for any damages arising out of or relating to the services provided hereunder, including, but not limited to, direct, indirect, incidental, consequential, punitive, or exemplary damages.

6. Entire Agreement: This Agreement constitutes the entire agreement between the parties concerning the subject matter and supersedes all prior or contemporaneous communications, representations, or agreements, whether oral or written.

7. Governing Law: This Agreement shall be governed by and construed under the laws of the State of [State].

8. Notices: All notices and other communications hereunder shall be in writing and shall be deemed to have been duly given when delivered personally, sent by certified or registered mail, postage prepaid, return receipt requested, or sent by overnight courier, addressed as follows:

If to Provider:

  • [Name of Virtual Office Provider]
  • [Address]

If to Tenant:

  • [Name of Tenant]
  • [Address]

9. Severability: If any provision of this Agreement is held to be invalid or unenforceable, such provision shall be struck and the remaining provisions shall remain in full force and effect.

IN WITNESS of which, the parties have executed this Agreement as of the date first written above.

[Signature of Provider]

[Name of Provider]

[Signature of Tenant]

[Name of Tenant]