Entrepreneurly Membership Agreement
This Membership Agreement (this "Agreement") is made effective at the date of signature between the member and Entrepreneurly.
1. DESCRIPTION OF SERVICES.
Entrepreneurly is a nonprofit organization focused on helping business owners with at least $250,000 in revenue in the last tax year grow their sales to over $1 million. Entrepreneurly will provide the member with:
Four quarterly facilitated learning days
Placement in an accountability coaching group that will meet monthly
Access to membership in the Entrepreneurs Organization Accelerator Program
In exchange for these Services, the member agrees to pay $200 per month for the length of the term of this contract. This fee must be paid by a credit card on file with Entrepreneurly’s payment processor. If the member elects to pay the entire fee for the year/term up front the total cost will be reduced by $200 to $2200. If the member wishes to cancel his or her membership during the term of this agreement, the remaining balance for the year will be charged upon termination.
3. TERM AND TERMINATION.
a) Term. Unless otherwise terminated as set out below, the term of this Agreement shall be for a period of one year from the effective date. The term of this Agreement will be automatically extended for another 12 month unless the Member notifies Entrepreneurly in writing by June 1st of the following year unless otherwise terminated as set out below.
b) Termination for Cause. If either party violates any term of this Agreement, the other party may terminate this Agreement with 30 days written notice.
c) Termination for Convenience. Entrepreneurly may terminate the Membership for convenience with 30 days notice.
d) Duties upon Termination. The Member shall remain subject to all other terms, conditions, and restrictions that survive termination of this Agreement.
4. WORK PRODUCT OWNERSHIP.
Any copyrightable works, ideas, discoveries, inventions, patents, products, or other information (collectively the "Work Product") used or given to the Member in connection with the Services will be the exclusive property of Entrepreneurly.
5. AMENDMENTS AND MODIFICATIONS.
This Agreement may be modified or amended in writing, if the writing is signed by the party obligated under the amendment.
a) Governing Law. This Agreement shall be construed in accordance with the laws of the District of Columbia.
b) Assignment. Neither party may assign or transfer this Agreement without the prior written consent of the non-assigning party, which approval shall not be unreasonably withheld.
c) Entire Agreement. This Agreement contains the entire agreement of the parties, and there are no other promises or conditions in any other agreement whether oral or written concerning the subject matter of this Agreement. This Agreement supersedes any prior written or oral agreements between the parties.
d) Severability. If any provision of this Agreement will be held to be invalid or unenforceable for any reason, the remaining provisions will continue to be valid and enforceable. If a court finds that any provision of this Agreement is invalid or unenforceable, but that by limiting such provision it would become valid and enforceable, then such provision will be deemed to be written, construed, and enforced as so limited.
e) This Agreement shall be executed upon signature by the member.