SERVICE AGREEMENT

This Service Agreement ("Agreement") is entered into as of January 15, 2024 (the "Effective Date"), by and between:

TechCorp Solutions Inc., a Delaware corporation with its principal place of business at 123 Tech Street, San Francisco, CA 94105 ("Provider"),

and

Global Enterprises LLC, a California limited liability company with its principal place of business at 456 Business Ave, Los Angeles, CA 90001 ("Client").

RECITALS

WHEREAS, Provider is engaged in the business of providing cloud computing and data analytics services;

WHEREAS, Client desires to engage Provider to provide certain cloud infrastructure and data processing services;

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

1. SERVICES

1.1 Provider shall provide Client with access to its cloud computing platform, including but not limited to:
   - Virtual server hosting
   - Data storage and backup services
   - Network infrastructure management
   - 24/7 technical support

1.2 Service Level Agreement: Provider guarantees 99.9% uptime for all hosted services.

2. PAYMENT TERMS

2.1 Client shall pay Provider a monthly fee of $5,000.00 USD for the services described herein.

2.2 Payment shall be due within 30 days of invoice date.

2.3 Late payments shall incur a penalty of 1.5% per month.

3. TERM AND TERMINATION

3.1 This Agreement shall commence on the Effective Date and continue for a period of 24 months.

3.2 Either party may terminate this Agreement upon 90 days written notice.

3.3 Provider may terminate immediately for non-payment or material breach.

4. CONFIDENTIALITY

4.1 Both parties agree to maintain the confidentiality of proprietary information shared during the term of this Agreement.

5. GOVERNING LAW

5.1 This Agreement shall be governed by the laws of the State of California.

6. LIMITATION OF LIABILITY

6.1 Provider's total liability shall not exceed the amount paid by Client in the 12 months preceding the claim.

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

TechCorp Solutions Inc.

By: ___________________________
Name: John Smith
Title: Chief Technology Officer

Global Enterprises LLC

By: ___________________________
Name: Sarah Johnson
Title: Chief Executive Officer
