ATM Placement Agreement Template

Create a legally-sound agreement for ATM placement that protects your business interests, clearly defines responsibilities, and establishes revenue sharing terms. Ready for immediate use.

ATM Placement Agreement

An ATM Placement Agreement is a legally binding contract between an ATM owner/operator and a property owner/merchant that establishes the terms and conditions for installing and operating an ATM machine at a specific location. This essential document protects both parties' interests and clearly defines responsibilities, revenue sharing, and operational requirements.

What This Template Is For

This template is designed for Independent ATM Deployers (IADs) and business owners who need to formalize their ATM placement arrangement. It covers critical aspects including location specifications, revenue distribution, maintenance responsibilities, and liability provisions. The agreement ensures both parties understand their obligations and helps prevent future disputes.

When To Use This Template

Use this template when:

  • Installing an ATM in a third-party location
  • Negotiating terms with a new merchant partner
  • Updating existing ATM placement arrangements
  • Expanding your ATM business to new locations
  • Formalizing verbal agreements with property owners

How To Customize It

Follow these steps to customize your ATM Placement Agreement:

  1. Insert specific business details for both parties
  2. Define the exact location and installation requirements
  3. Specify revenue sharing percentages
  4. Set maintenance schedules and responsibilities
  5. Adjust liability and insurance requirements
  6. Include any location-specific requirements
  7. Review and modify term length and renewal conditions

Common Use Cases

This agreement is commonly used in:

  • Retail stores and shopping centers
  • Convenience stores and gas stations
  • Hotels and hospitality venues
  • Entertainment venues and nightclubs
  • Office buildings and business centers

Best Practices

  • Clearly define revenue sharing terms and payment schedules
  • Include specific maintenance and servicing responsibilities
  • Specify minimum cash requirements and restocking procedures
  • Address security measures and liability concerns
  • Include termination clauses and dispute resolution procedures

Template Variations

Consider these variations based on your needs:

  • Single-location agreements
  • Multi-location master agreements
  • Revenue-based variable agreements
  • Short-term event placement agreements

Success Stories

Our template has helped numerous businesses establish successful ATM partnerships:

  • A convenience store chain increased monthly revenue by 15% through clear profit-sharing terms
  • A nightclub owner simplified ATM operations with defined maintenance schedules
  • A shopping center standardized their ATM agreements across multiple locations

Frequently Asked Questions

What should revenue sharing terms typically include?

Revenue sharing terms should specify the percentage split of surcharge fees, payment frequency, and calculation methods.

Who is responsible for ATM maintenance?

The agreement should clearly specify whether the ATM owner or location owner handles maintenance, restocking, and repairs.

How long should the agreement term be?

Standard terms range from 1-5 years, with options for renewal and early termination provisions.

What insurance requirements should be included?

The agreement should specify required insurance coverage for both parties, including liability and property damage.

Can the agreement be terminated early?

Yes, but the agreement should include specific conditions and notice periods for early termination.