This Agreement for Virtual Office Services (this “Agreement”) is made by and between TELFAIR INVESTMENTS, LLC, an Ohio limited liability company (“Hive”), and the enrolling member (“Client”). By checking “I agree” and typing your full name at checkout, you (Client) execute this Agreement as of the date of enrollment.

1. Services Provided. Hive shall provide virtual office services to Client on a nonexclusive basis. Virtual Office ($100/month) includes: a Springfield, OH business mailing address; on-site private mailbox; mail and package handling/receiving; and conference rooms as needed (Conference Room $25/hr; Basement Day Office $25/hr; 1-hr minimums). Co-Working + Virtual Office ($125/month) includes all of the above plus 24/7 access to the Business Center. “Business Center” means the common areas within the Building, but does not include any private offices (including Units 101-108) or the conference rooms. At any time during the Term, Client may upgrade Services by providing Hive a written request for same.

2. License. This Agreement is not a lease, nor does it convey any interest in real property. It merely creates a revocable license. Hive retains legal possession and control of the office building located at 50 W. High Street, Springfield, OH 45502 (the “Building”). This Agreement is subject and subordinate to any underlying lease or contract of the Building.

3. Fees. Fees for the selected Services shall be charged to Client through an online rent collection software at monthly intervals.

4. Term. This Agreement is on a month-to-month basis. It begins on the date of enrollment and automatically renews each month unless terminated in accordance with Section 7.

5. Permitted Use. Client agrees to use the Services only for legal purposes. Use of the Services for any illegal or illicit purposes shall be considered a breach of this Agreement and grounds for immediate termination.

6. Rules and Regulations. Any Client utilizing the physical space agrees to abide by Hive’s posted rules and regulations. Failure to do so may result in Client’s use of the facilities being suspended or terminated.

7. Termination. (a) Either party may terminate this Agreement by providing fourteen (14) days’ written notice. Hive will continue to forward mail for three (3) months from the notice date, after which Hive will mark all mail “Return to Sender.” (b) In the event Client breaches a term of this Agreement, Hive may terminate this Agreement immediately with cause and without penalty. Upon termination, Client agrees to remove Hive’s address from any and all licenses, contracts, policies, etc. within thirty (30) days. Beginning with the thirty-first (31st) day, if Client fails to remove Hive’s address from such materials, Hive may charge to the Client’s card on file a penalty of ten dollars ($10) per day.

8. Default by Client. In the event of a default by Client, Hive may pursue any other remedy now or hereafter available under the laws or judicial decisions of the state of Ohio. Unpaid fees and other unpaid monetary obligations shall bear interest from the date due at the maximum rate then allowable by law. Hive shall be entitled to recover its attorney fees in any action against Client to enforce this Agreement.

9. Default by Hive. Hive shall not be in default unless Hive fails to perform obligations required of it within a reasonable time, but in no event later than thirty (30) days after written notice by Client specifying the failure; provided that if the nature of the obligation requires more than thirty (30) days, Hive shall not be in default if it commences performance within such period and thereafter diligently prosecutes it to completion.

10. Notices. Any notice under this Agreement must be in writing and sent by certified mail, return receipt requested, or by an expedited mail service that provides proof of delivery. Notice to Hive must be sent to: Telfair Investments, LLC, 109 N. Fountain Avenue, Springfield, OH 45502, or such other address as Hive designates in writing.

11. No Assignment or Sublease. No assignment or sublease of this Agreement or any part thereof shall be made by Client without Hive’s prior written consent, at Hive’s sole discretion. This includes registered agent services, which may not be provided to Client’s customers without Hive’s prior written approval.

12. Hive’s Liability. Hive shall not be liable or responsible to Client for any injury or damage resulting from the acts or omissions of Hive’s employees or contractors, other clients, or for any failure of services provided, so long as Hive acts with reasonable diligence to restore any such service. Client agrees to indemnify and hold Hive harmless from any and all claims, damages, or causes of action (including reasonable attorneys’ fees and court costs) brought on account of injury to any person or property, or loss of life, arising out of Client’s use of the Services.

13. Waiver of Breach. No failure by Hive to insist upon strict performance, and no acceptance of full or partial payment during a breach, constitutes a waiver. No term required to be performed by Client, and no breach, shall be waived, altered, or modified except by a written instrument executed by Hive.

14. Partial Invalidity. If any term of this Agreement is held invalid, void, or unenforceable, all remaining provisions shall continue in full force and effect and shall not be affected, impaired, or invalidated.

15. Entire Agreement. This Agreement contains the entire agreement between the parties and cannot be changed or terminated except in a writing acknowledged by the parties.

16. Authority. The party executing this Agreement on behalf of Client warrants and represents that it has complete and full authority to do so, that Client shall fully perform its obligations, and that it shall indemnify, defend, and hold Hive harmless from any breach of these warranties.

17. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Ohio.

Telfair Investments, LLC (“The Hive”) - 50 W High St, Springfield, OH 45502 - 937-504-9194 - thehivespringfield@gmail.com