This is an Internet Service Provider service agreement (contract) with a mythical
company to provide internet access and services. This contract has a liquidated damages provision in paragraph 3(E) to be paid if the Use Policy is breached. Pursuant to a liquidated damage provision, upon a party's breach, the other party will recover this amount of damages whether actual damages are more or less than the liquidated amount.
Ohio Service Agreement between an Internet Service Provider (ISP) and Subscriber with a Liquidated Damage and Exculpatory Provision is a legally binding contract that outlines the terms and conditions for providing internet services to subscribers in the state of Ohio. This agreement is designed to protect the rights and define the responsibilities of both the ISP and the subscriber. The agreement usually consists of several sections that cover various aspects of the internet services being provided. These sections include: 1. Parties: This section defines the parties involved in the agreement, namely the ISP and the subscriber. It includes their names, addresses, and any other relevant contact information. 2. Term: The term section specifies the duration of the agreement, including the start and end dates. It may also include provisions for automatic renewal or termination. 3. Services Provided: This section describes the specific internet services that the ISP will provide to the subscriber. It includes details such as the speed of the internet connection, any data caps or limitations, and any additional services offered, such as email accounts or web hosting. 4. Subscriber Obligations: This section outlines the responsibilities and obligations of the subscriber. It may include requirements like paying the agreed-upon fees on time, using the internet services lawfully, and maintaining the confidentiality of account credentials. 5. Fees and Payments: This section details the fees associated with the internet services, including any installation or equipment charges, monthly subscription fees, and penalties for late payments or service interruptions. It may also specify the accepted methods of payment. 6. Liquidated Damages: The liquidated damages provision determines the amount of compensation that the subscriber agrees to pay in case of breach of contract. It serves as a pre-estimate of damages incurred due to the subscriber's failure to fulfill their obligations. This provision helps protect the ISP from significant financial losses. 7. Exculpatory Provision: The exculpatory provision aims to limit the ISP's liability for damages that may arise from the provision of internet services. It may include disclaimers to prevent subscribers from holding the ISP accountable for any losses or damages resulting from interruptions, data breaches, or other service issues. It is important to note that there may be different types of Ohio Service Agreements between an ISP and Subscriber with a Liquidated Damage and Exculpatory Provision, as the specific terms and conditions may vary among ISPs. These agreements may differ based on factors such as the type of internet connection (e.g., broadband, DSL, wireless), the scope of services provided, and the pricing structure. It is advisable for both the ISP and the subscriber to carefully review and understand the terms outlined in the service agreement before signing. Consulting legal counsel is also recommended ensuring compliance with Ohio laws and regulations governing such agreements.
