LegacyLinc Memorandum of Agreement


This agreement is entered into between you, hereafter referred to as Client, and PhilanthroCorp, hereafter referred to as PC. The terms of this agreement are as follows:

1. Term The initial term of this Agreement shall be for a period of one year beginning upon acceptance of this Agreement by Client, and ending 12 months after this date. Thereafter, unless terminated pursuant to Paragraph 6 below, this Agreement shall automatically renew on a year-to-year basis.

2. Services

3. Compensation

Client will pay PC a monthly fee of $350 until such time as this Agreement terminates as set forth in Paragraph 6 below. The first such monthly fee will be due and payable upon acceptance by both parties.

PC invoices will be due and payable upon receipt and delinquent 15 days thereafter. Interest on delinquent invoices will be charged at a rate of 1.5% per month.

 4. Duties of Client

Client will use its best efforts to utilize PC provided materials to promote planned giving awareness among its donors and to direct donors to Client’s website.

5. Authority

Each party confirms that they are duly authorized by their respective organization to execute this Agreement on its behalf.

6. Termination

7. Governing Law

This Agreement shall be governed by the laws of the State of Colorado.

8. Dispute Resolution

If a dispute arises out of or relates to this Agreement or the breach thereof, and if said dispute cannot be settled through negotiation, then the parties agree to first try in good faith to settle the dispute by mediation with the assistance of a mediator chosen by PC.

Any controversy or claim arising out of or related to this Agreement or breach thereof that cannot be settled through mediation shall be exclusively settled by binding arbitration. Each party to the Agreement shall select one arbitrator and the two so selected shall select a third. Arbitration shall be held in Colorado according to rules established by the mutually chosen arbitrators.

This Agreement is entered into on ______________, 2009.

By: _______________________ _______________________

Mark DeBiase
Chief Operating Officer
PhilanthroCorp
Plaza of the Rockies
111 South Tejon, Suite 520
Colorado Springs, CO 80903
Office: 719-955-2113
Fax: 719-955-2140
Email: mdebiase@plannedgift.com