Bookkeeping Engagement Letter Page 3

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statement, which we will provide to you at the conclusion of the engagement, is our property, and we will provide copies of
such documents at our discretion and if compensated for any time and costs associated with the effort.
In the event we are required to respond to a subpoena, court order or other legal process for the production of
documents and/or testimony relative to information we obtained and/or prepared during the course of this
engagement, you agree to compensate us at our standard hourly rates then existing for the time we expend in
connection with such response, and to reimburse us for all of our out-of-pocket costs incurred in that regard.
In the event that we are or may be obligated to pay any cost, settlement, judgment, fine, penalty, or similar award or sanction
as a result of a claim, investigation, or other proceeding instituted by any third party, and if such obligation is or may be a
direct or indirect result of any inaccurate or incomplete information that you provide to us during the course of this
engagement, you agree to indemnify us, defend us, and hold us harmless as against such obligation.
You agree that any dispute (other than our efforts to collect an outstanding invoice) that may arise regarding the meaning,
performance or enforcement of this engagement or any prior engagement that we have performed for you, will, prior to
resorting to litigation, be submitted to mediation, and that the parties will engage in the mediation process in good faith once
a written request to mediate has been given by any party to the engagement. Any mediation initiated as a result of this
engagement shall be administered within Langley, BC according to mediation rules, and any ensuing litigation shall be
conducted within said county, according to BC law. The results of any such mediation shall be binding only upon agreement of
each party to be bound. The costs of any mediation proceeding shall be shared equally by the participating parties.
Any litigation arising out of this engagement, except actions by us to enforce payment of our professional invoices, must be
filed within one year from the accrual of the cause of action, notwithstanding any statutory provision to the contrary. In the
event of litigation brought against us, any judgment you obtain shall be limited in amount, and shall not exceed the amount of
the annual fee charged by us, and paid by you, for the services set forth in this engagement letter
This engagement letter is contractual in nature, and includes all of the relevant terms that will govern the engagement for
which it has been prepared. The terms of this letter supersede any prior oral or written representations or commitments by
or between the parties. Any material changes or additions to the terms set forth in this letter will only become effective if
evidenced by a written amendment to this letter, signed by all of the parties.
If, after full consideration and consultation with counsel if so desired, you agree that the foregoing terms shall govern this
engagement, please sign the copy of this letter in the space provided and return the original signed letter to me, keeping a
fully-executed copy for your records.
Thank you for your attention to this matter, and please contact me with any questions that you may have.
Very truly yours, Grove Bookkeeping
ACCEPTED AND AGREED:
The Client
_____________________________________
___________
Signature
Date
_____________________________________
Print Name
Note: Includes 3 pages
3

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