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Vendor agr presented after alarm co contract signed / ISC meeting schedule /  Meetings filling up – still time to register
April 2, 2024
 Vendor agreement presented after alarm co contract signed
          We have a property management company that signed our K&K agreement on behalf of the condo association we are monitoring. Today we took over the account and the account is live and I receive a vendor packet with new terms and insurance requirements.  Will the value of our contract be reduced if we sign a vendor agreement?  What should we do?
          You have 3 choices
*  comply
*  ignore or let them know you already have a contract and it doesn't include any of those terms 
*  negotiate the insurance requirements and the additional insured - limited that to your acts under the contract only
          As you recognize the K&K Standard Form Agreement creates the most equity you can expect for a contract; the  highest multiple if you sell the contract.  Changing the standard form terms or signing another agreement that affects that standard form will of course reduce the K&K contract’s value.  Makes sense; the subscriber isn’t going to insist on terms that make your contract terms more favorable to you.
          You can hold the subscriber to your contract because its already signed.  In your case you have already performed by installing the system and activating the service.  Of course the contract will end at some point and the subscriber may then look elsewhere for service, so maintaining good relations is important; probably not as important as retaining the integrity of your contract terms.
          The vendor agreements are not deal breakers by any means and this customer could have asked for its vendor agreement terms before signing your contract.  Many of those terms are acceptable.  In particular the terms are acceptable then it comes to installation; you on customer property doing the installation or when doing a repair.  I don’t have a problem with you being responsible for damage you cause in same way as any other contractor.  But the nature of your security business exposes you beyond what other contractors need to be concerned about.  You need special contractual protection and the K&K Standard Form Agreements provides that protection.  Avoid watering down the effectiveness of the contracts.  The Concierge Program will save you customer relations, protect the contract integrity and save you money in the long run; join today.

Private and Group meeting schedule now available
Group Meetings:  See schedule below.  Reserve your spot by calling  Stacy Spector at 516 987 8428.
Private Meetings:
          Schedule a Private Meeting with Ken Kirschenbaum by calling Stacy Spector at 516 987 8428.
            Register for a Group Meeting by calling Stacy Spector at 516 987 8428
           Schedule Private meeting with broker Rory Russell by calling Stacy Spector at 516 987 8428.

Group Meetings: Topics and Schedule
Tuesday April 9.  Group Meeting: 3:00 pm to 4:00 pm – Monetize on your monitoring accounts; new incentive program; learn how to get unheard of incentives from your central station or move to another one. Group meeting conducted by Ken Kirschenbaum.
Wednesday April 10.  Group Meeting:  11:00 am to 12:00 pm - Selling and buying alarm accounts; Things to know. Group Meeting conducted by Ken Kirschenbaum.
Wednesday April 10.  Group Meeting:  2:00 pm to 3:00 pm – State sales tax and complex company valuation. Group meeting conducted by Mitch Reitman of Reitman Consulting Group.
Wednesday April 10.  Group Meeting:   3:00 pm to 4:00 pm – Central station – dealer relationship; contract issues; understanding the dealer agreement terms and why you need the K&K Rider. Group meeting conducted by Ken Kirschenbaum.
Thursday April 11.  Group Meeting:  10:00 am to 11:00 am - Insurance for your alarm business – best options; availability, pricing and claims. Group meeting conducted by Shawn Iverson of The Insurance Center.
Thursday April 11. Group Meeting: 11:00 am to 12:00 pm – Contracts – which ones you need and why you need them. Group meeting conducted by Ken Kirschenbaum.
Thursday April 11.  Group Meeting:   from 3:00 pm to 4:00 pm -
The Corporate Transparency Act. Group meeting conducted by Mitch Reitman of Reitman Consulting Group.
Private Meetings with Rory Russell of AFS:
         Schedule a private meeting with Rory Russell of Acquisition and Funding Services (AFS) to discuss buying or selling security, fire and integration business. Available times to meet with Rory Russell are as follows: Wednesday April 10 and Thursday April 11 between 7:30 am and 11:00 am and 12:30 pm and 4:00 pm.  Contact Stacy Spector to schedule a private meeting with Rory.  Call 516 987 8428
Contact Stacy Spector, Esq. for all scheduling at or 516-987-8428.

STANDARD FORMS  Alarm /  Security / Fire and related Agreements
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Ken Kirschenbaum,Esq
Kirschenbaum & Kirschenbaum PC
Attorneys at Law
200 Garden City Plaza
Garden City, NY 11530
516 747 6700 x 301