This Preventative Maintenance Service Subscription Agreement (this "Agreement"), dated as of ___________, 2024 (the "Effective Date"), is entered into by and between Principal Coffee Equipment Solutions, LLC, a Kansas limited liability company, with offices located at 2210 East Douglas, Wichita, Kansas 67214 ("Principal"), and xxxxxxxxxxxxx ("Customer"), with offices located at xxxxxxxxxxxxxx.
1. Services. Principal shall provide preventative maintenance services for the coffee equipment (the "Equipment"), the description of which is set forth in the attached Exhibit A. Principal will provide parts and service for preventative maintenance of espresso machine equipment according to manufacturer recommendations. Notwithstanding the foregoing, Principal reserves the right to refuse to provide parts or services if they determine the customer has not made sufficient consecutive payments to cover requested services.
All Other Services, including, but not limited to equipment installation, equipment relocation, emergency work, water filtration, equipment operation and maintenance instruction will be billed at an hourly rate + mileage + parts (See Section 2 for All Other Services).
2. Fees and Expenses.
a) For the Services to be performed hereunder, Customer shall pay to Principal a fixed fee of $xxxx.xx per month (the "Fee") within 30 days after the end of each contract year. The customer understands that payments can be cancelled at any time upon written notice per the terms described in the Recurring Charge Authorization. Fees are guaranteed in one-year terms and will be updated annually based on maintenance schedule and current market pricing. Customers will be notified of price updates 30-days in advance of the annual renewal.
b) For All Other Services, Customers can enjoy pricing as follows:
Customer Description Benefits or Program Rate Per Hour
Coffee Customer + Subscription 20% Discount on Labor & Parts $100.00/hour
Subscription-Only 15% Discount on Labor & Parts $106.25/hour
Coffee Customer Only 10% Discount on Labor & Parts $112.50/hour
Service Only by the Hour Parts at Full-Retail Price $125.00/hour
c) Term. This Agreement shall commence as of the Effective Date and shall continue thereafter for a period of one year, unless sooner terminated pursuant to the terms hereof (the "Term"). This agreement shall automatically renew for successive one (1) year periods unless either party provides written notice to the other party that it does not intend to renew at least thirty (30) days prior to the end of any Term hereunder. Customers will be notified of price updates 30-days in advance of the annual renewal.
3. Termination.
a) Customer may terminate this Agreement, effective upon thirty (30) day written notice to Principal if Principal fails to meet its obligations under this Agreement, including (a) timely restoring the Equipment to working order more than once during any 90-day period.
b) Principal may terminate this Agreement, effective upon thirty (30) day written notice to Customer if Customer (a) fails to timely meet its payment obligations under Section 2 more than once during any 90-day period.
