Studios
Membership Agreement
2min
The below agreement must be signed before any Studios Membership may commence.
This Agreement ("Agreement") is entered into by and between Shop Makers Marketplace Inc, a BC corporation ("The Company" or "we") and the individual or entity agreeing to these terms ("The Member" or "you"). This Agreement governs your use of the artisan co-working space and related services provided by Shop Makers Marketplace Inc.
The Company and The Member hereby agree as follows:
- USE: The Member shall be permitted access to the space 7 days a week, 24 hours per day, up to and including their cancellation date. The Member may use their space for any purposes relating to their business, excepting any of the following; sleeping, sexual activity, illicit/restricted substance use or creation, food creation, any activity involving an open flame, or any other activity not permitted in the space. All restrictions stated must be strictly followed. The Company may require The Member to vacate the space if any violation is found. Use of any equipment or facilities is at The Member's own risk.
- GENERAL LIABILITY INSURANCE: The Member is required to maintain general liability insurance with a minimum coverage of two million dollars ($2,000,000) throughout the duration of their membership. Additionally Insured: Tenants are required to name "Shop Makers Marketplace Inc." as an additional insured on their policy. A certificate of insurance reflecting this must be provided prior to the commencement of the rental term and upon renewal of the policy. In the event that The Member fails to maintain the required insurance coverage, Provider may, at its sole discretion, suspend or terminate The Member's access to the co-working space. Members acknowledge and understand that Provider's insurance does not cover Members' personal property or liability.
- Failure to provide proof of this insurance may result in the termination of your rental agreement.
- PAYMENT: Fees are required to be paid in full 7 days prior to the beginning of your membership month. Billing runs on a monthly cycle, and failure to complete payment at the required time will result in The Member's access to the space being shut off at the end of the previous membership month. The membership rate for the space is subject to change with a minimum of 30 day notice. If payment is not received within 14 days of your month start date, your access to the space will be immediately terminated & you will have 48 hours to collect your belongings from the premises.
- CARD ON FILE AUTHORIZATION: The Member authorizes The Company to charge the membership fees to the card on file. Further, The Member authorizes The Company to charge the full repair cost of any damage to the space that remains after The Member's departure to the card on file.
- CANCELLATION: The Member agrees that cancellations will not be accepted within the first 3 months of membership, and a minimum of 30 days notice is required for cancellation beyond the initial 3 month commitment. The Member agrees that the space will be returned to its original condition before departure. Any unrepaired damage will be repaired at the sole cost of The Member + a 15% fee.
- MEMBERSHIP TERMS: By signing this membership agreement, The Member agrees to the following: a) The space may be used for legal business activities only. b) The Member shall be solely responsible for any damage or loss to The Company's property and/or equipment that is the fault of The Member or their related parties. Should damage and/or theft occur, The Member agrees that their card on file will be used to cover any related costs. c) For Studio Space memberships, The Member may invite other parties to use their space who are directly affiliated with their business such as business partners, however only The Member is permitted access to shared amenities including, but not limited to, the kitchen or co-working areas. The Member is solely responsible for the actions of any related parties, The Company may ask The Member to vacate the premises due to actions of said related parties. d) Use of the space and equipment contained therein is entirely at The Member's risk. The Member hereby agrees that The Company will not be held liable for any damage or loss of possessions or accident or injury to themselves or their related parties while on the premises. The Member holds harmless and indemnifies The Company and its owners, agents, representatives, associates, officers, and employees, against any suit, claim, loss, accident, judgment, fine, injury or damages, including reasonable attorney’s fees. This indemnification shall continue in full force and effect during and after the term of the membership for such causes arising during the term of the membership. e) The Company agrees to provide the space in good working order, but makes no special guarantees as to the functionality or suitability to The Member's purposes. The Company is not liable for acts out of its control that affect the usability of the space such as power outages, weather, emergencies, or other situations it could not reasonably be expected to prevent. f) The Company will use security cameras on the premises and The Member and any related parties understand and consent to the use of such surveillance equipment as needed for the safety and security of The Company and the space.
- MISCELLANEOUS: This Agreement sets out the entire membership agreement between the parties and supersedes and replaces all prior agreements, discussions and understandings whether written or oral.
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