Service Contract
Service Contract
date: 21 / 11 / 2024
No*: 18403
1. DEFINITIONS
“Marks” – the logo and the words pertaining to the business of or the
services offered by the Company.
2.3. This Agreement shall include the annexes to the Agreement (or any
other supplements thereto). Any reference in this Agreement to an
article, paragraph, item, sub item or annex (or any other supplement
thereto) shall be a reference to the article, paragraph, item, sub item or
annex of this Agreement (or any other supplement thereto).
2.4. Unless specified otherwise in this Agreement, the time limit
indicated in days shall be considered indicated in calendar days.
2.5. Titles of items and other provisions shall be used only for
convenience and shall not affect the interpretation of this Agreement.
3. SERVICES
5. TERRITORY
5.1. The Company has a right to prohibit the Customer to sell or
distribute Services in certain territories notifying the customer one month
before these restrictions are applied.
7.1. Development
8. DISRUPTED SERVICE
8.2. The Customer acknowledges and accepts that Company will not be
liable to Customer for any direct, special, indirect, consequential,
punitive or exemplary damages or damages for loss of profits or lost
earnings, in connection with these temporary disruptions.
8.3. The Company will not be liable to Customer or shall not be held
liable for any damages of any kind that may result from changes in
Government legislation or policy.
9. ADVERTISING
9.1. The Customer shall bear all costs and expenses incurred in
connection with any action it shall take in relation to the advertising,
marketing and promotion of the Company services.
9.2. Advertising shall comply with any applicable advertising rules and
regulations and shall not be directed towards minors or include material
that are in material breach of intellectual property rights.
.1.1. Customer fee for the software is set as the following calculation
from the monthly revenue of the Customer generated by the Software
and related services of the Company:
10.1.2. Customer will not be charged with a fee to set up the Software.
10.2. Currency
10.2.1. All sums due under this Agreement shall be made in Euro or
other currency, which is to be decided by negotiations between the
parties.
10.3. Invoicing
10.3.3. The invoice shall be sent to the email address: state mail
address
10.3.4. If the Party defaults on timely payment to other Party, the fault
Party shall have to pay the penalty of 0.05% (zero point five hundredths
percent) from the outstanding amount per each delayed day.
10.4. Taxes
All sums under this Agreement are exclusive of Value Added Tax and, or
other sales taxes that may be applicable and shall be made in full
without deduction of taxes, charges and other duties that may be
imposed.
10.5. Set-Off
11. CONFIDENTIALITY
11.1. The Parties agree, during the validity of this Agreement and
thereafter, to hold in the strictest confidence, and not to use, except for
the benefit of the other Party, or to disclose to any third person without
the prior written authorization, any Confidential information.
11.2. The Party may use the Confidential information to the extent
necessary for negotiations, discussions, and consultations with the other
Party’s personnel or authorized representatives or for any other purpose
may hereafter authorize in writing.
12. VALIDITY
12.1. This Agreement shall enter into force when duly signed by the
Parties.
13. TERMINATION
13.1. This agreement may be terminated by the mutual consent of the
parties.
(i) the other Party is in material breach and, in case of a breach which is
capable of being cured, the Party in breach does not, within thirty (30)
days following written notice of the breach, cease to be in breach;
(iii) a Party is required to seize the business relationship with the other
Party and/or cease the performance of any obligation under this
Agreement due to an order or advice of a governmental agency or
regulatory body, with reference to relevant law, to which a Party is
subject.
13.3. Where the Party defaults on its payments for more than 10 (ten)
days, the other Party shall become entitled to terminate this Agreement
according to the out-of-court procedure through the fault of the defaulting
Party having notified the latter to the effect 3 (three) days in advance.
(2) all rights granted by this Agreement, including but not limited to
Intellectual Property Rights, shall automatically revert to the Party who
owns them;
14. LIABILITY
14.1. If the Party defaults on its other obligations, the other Party shall
become entitled to suspend the fulfilment of its obligations until the
defaulting Party rectifies the irregularities. Where the Party defaults on
its obligations for more than 30 (thirty) calendar days, the other Party
shall become entitled to terminate this Agreement according to the
out-of-court procedure through the fault of the defaulting Party having
notified the latter to the effect 7 (seven) days in advance.
14.3. Liability of the Parties shall be limited – the Parties shall not
indemnify lost income to each other. Liability shall not be limited in cases
of premeditated damage (losses).
14.5. Company shall not be responsible or held liable for the business
activity of the Customer and any non-compliance of the activity of the
Customer with legislative or any other requirements. Company shall not
be responsible or held liable for any claims or charges against the
Customer.
15.1.1 it has the sole and exclusive rights to its marks (if any);
15.1.2 the website (if any) shall not contain, either directly or indirectly,
by links or otherwise, any libelous, defamatory, obscene, slanderous or
offensive content.
16. NOTIFICATIONS
(iii) sent by e-mail, however in this case the addressee shall be required
to issue the confirmation of receipt the notification of the same format.
16.4. Each Party must no later than within 5 (five) days notify the other
Party about change of its address or other requisites indicated in the
Agreement. If the Party defaults on this obligation, any notification
delivered according to the last requisite indicated by such Party shall be
considered as delivered in due manner.
16.5. To facilitate communication and coordination between the parties,
each of them will designate in writing at least one contact person, to
whom all instructions and official correspondence relating to the
performance of the Agreement shall be addressed:
If to the Company:
If to the Customer:
For and on behalf of the Company For and on behalf of the Customer
_________________________ _________________________