TERMS AND CONDITIONS FOR MONTHLY ACCOUNTING SERVICES

Effective Date: 8/10/26

These Terms and Conditions ("Agreement") establish the terms under which accounting services are provided. By accepting engagement of our services, you acknowledge your acceptance of these terms.

1. SCOPE OF SERVICES

Our accounting services include, but are not limited to:

• Monthly bookkeeping and transaction recording

• Reconciliation of bank accounts and balance sheet accounts

• Preparation of monthly and year-end financial statements

• General ledger maintenance and account analysis

• Tax compliance review and support

• Financial analysis and variance reporting

Our engagement is limited to the services specifically agreed upon in writing. Services not explicitly listed above are outside the scope of this engagement and will be billed separately at our standard rates.

2. FEES AND BILLING

2.1 Service Fees. Monthly service fees are as follows: $150. These fees are based on the scope of services outlined above and the anticipated volume and complexity of transactions.

2.2 Additional Services. Services beyond the scope outlined above, including but not limited to special analyses, consulting, compilation reports, and additional reconciliations, will be billed at our standard hourly rates.

2.3 Billing Frequency. Monthly invoices will be submitted upon completion of monthly accounting work, typically within 5 business days of month-end.

2.4 Fee Adjustments. Service fees are subject to increase annually upon 30 days' written notice, based on changes in scope, complexity, or market conditions.

3. PAYMENT TERMS

3.1 Due Date. Invoices are due and payable within 30 days of invoice date.

3.2 Late Payment. Invoices not paid within 30 days will accrue interest at 1.5% per month (18% annually) or the maximum rate allowed by law, whichever is less.

3.3 Suspension of Services. If payment is 60 days overdue, we reserve the right to suspend services until payment is received.

4. TERM AND TERMINATION

4.1 Initial Term. This engagement is for a minimum initial term of 3 months beginning on the date of first service.

4.2 Renewal. Upon expiration of the initial term, this engagement will continue on a month-to-month basis unless terminated by either party.

4.3 Termination by Client. The client may terminate this engagement with 30 days' written notice. Any fees for work-in-progress will be due upon termination.

4.4 Termination by Provider. We may terminate this engagement with 30 days' written notice for any reason, including non-payment, dispute over fees, or inability to provide quality services.

4.5 Obligations Upon Termination. Upon termination, the client is responsible for all fees through the termination date, and we will provide access to all work papers and documentation.

5. CLIENT RESPONSIBILITIES

The client acknowledges responsibility for:

• Maintaining accurate financial records and supporting documentation

• Providing timely and complete financial information and transaction documentation

• Ensuring the accuracy and validity of all data provided

• Complying with all applicable laws and regulations

• Internal controls and prevention of fraud or embezzlement

We are not responsible for delays or inaccuracies resulting from the client's failure to provide timely or accurate information.

6. CONFIDENTIALITY

6.1 Protected Information. All information provided by the client is treated as confidential. We maintain strict confidentiality regarding your financial records and business operations.

6.2 Authorized Disclosures. We may disclose information when required by law, court order, or regulatory authorities. We may also consult with third-party advisors as necessary to provide services.

6.3 Professional Standards. Our confidentiality obligations are governed by professional accounting standards and applicable law.

7. LIMITATION OF LIABILITY

7.1 Scope of Engagement. Our responsibilities are limited to the services explicitly outlined in this Agreement. We are not responsible for:

• Management decisions or business strategies

• Tax planning or tax preparation beyond accounting services

• Audit services or detection of fraud unless specifically contracted

• Third-party system failures or data loss not caused by our negligence

7.2 Liability Cap. Our total liability for any claim arising from this engagement is limited to the fees paid or payable under this Agreement for the 12-month period preceding the claim.

7.3 Exclusion of Consequential Damages. In no event shall we be liable for indirect, incidental, special, or consequential damages, including loss of profits or business opportunity.

8. INDEMNIFICATION

The client agrees to indemnify and hold harmless the provider from any claims, damages, or expenses arising from:

• Inaccurate or incomplete information provided by the client

• The client's failure to comply with applicable laws

• The client's misuse of our financial statements or reports

• Fraud, embezzlement, or intentional misconduct by the client or client's employees

9. INTELLECTUAL PROPERTY

All work papers, analyses, templates, and methodologies developed by us remain our property and may not be reproduced or shared without written permission. You may use our financial statements and reports for your business purposes.

10. DATA AND SYSTEM SECURITY

10.1 Data Handling. We implement industry-standard security measures to protect client data. However, no system is completely secure, and we cannot guarantee absolute data security.

10.2 Technology. Our services may utilize cloud-based software and third-party platforms. The client acknowledges risks associated with electronic data transmission and storage.

10.3 Backup and Recovery. We maintain regular backups of client data. In the event of system failure or data loss, recovery may take time and may not be complete.

11. DISPUTE RESOLUTION

11.1 Good Faith Negotiation. Any dispute arising from this engagement will first be addressed through good faith negotiation between the parties.

11.2 Mediation. If negotiation fails, either party may request non-binding mediation before pursuing litigation.

11.3 Governing Law. This Agreement is governed by the laws of South Dakota, without regard to conflicts of law principles.

12. MISCELLANEOUS

12.1 Entire Agreement. This Agreement constitutes the entire agreement between the parties and supersedes all prior negotiations and agreements.

12.2 Amendments. Any amendments to this Agreement must be made in writing and signed by both parties.

12.3 Severability. If any provision of this Agreement is found to be invalid, the remaining provisions will continue in effect.

12.4 Notices. All notices must be in writing and delivered personally, by email, or by certified mail to the addresses specified by each party.

12.5 Assignment. Neither party may assign their rights or obligations under this Agreement without written consent.

12.6 Waiver. The failure to enforce any provision of this Agreement does not constitute a waiver of that provision.