2.Term of the Agreement
This Agreement shall be valid for the period of one (1) year, starting on the _____________ and expiring on the _______________, unless terminated earlier by either Party in accordance with the terms and conditions set forth herein or as per the applicable laws.
Either Party shall have the right to unilaterally terminate this Agreement at any time and for whatsoever reason, through at least one (1) calendar month prior written notice to the other Party.
In case of material breach of this Agreement, or parts thereof, by either party, not remedied within 15 days from the date of the receipt of the other party's written notice of such breach the other party shall have the right to terminate this Agreement, or parts thereof, with immediate effect. Upon such termination, the party who terminates shall be entitled to claim compensation for the damages, which the same party has suffered as a consequence of the default and the termination.
When this Agreement ceases to be effective or is terminated, the Parties shall carry out mutual payments within 15 (fifteen) bank days.
Termination of this Agreement for any cause shall not release either party hereto from any liability which at the time of termination has already accrued to the other party hereto or which thereafter may accrue in respect to any act or omission prior to termination.
Provisions contained in this Agreement that are expressed or by their sense and context are intended to survive the termination of this Agreement, shall so survive the termination.
3.Terms and conditions of performance
The Contractor shall timely and duly perform all of the Services described in Appendix-1 of this Agreement as well as all function arising out of the nature of the same Services.
Any amendment to scope and nature of the Services shall only be made by mutual written consent of both Parties.
Taking into account that all Services hereunder shall be provided in the offices and other territories of the Customer, the Contractor shall fully obey all the internal rules and procedures of the Company. The exact place of Services shall be defined by the Customer and may from time to time be changes at Customer’s sole decision.
The Contractor shall commence the Services on the _____________.
The Services shall be provided during normal working hours of the Customer’s organization, i.e. from Monday to Friday each week (starting from 09:00am – till 18:00pm) every day.
4.Payment terms
The total monthly price for the Services delivered by the Contractor under this Agreement, shall be _____ AZN (__________), including all taxes and other compulsory payments (hereinafter “Monthly Service Fee”).
All taxes and other compulsory payments imposed onto the Contractor under the law, shall be paid by the Contractor at his/her own expense.
The amount of Monthly Service Fee shall be paid to the Contractor in consideration of a minimum of one hundred sixty (160) hours of Services per month. Should the Contractor provide less hours of services, then the Contractor’s Monthly Service Fee shall be reduced accordingly.
Monthly Service Fee shall be paid to the Contractor’s bank account, within first 10 working days of each following moth
5.Liabilities of the Parties and Resolution of Disputes
Each Party shall be liable to fully compensate all damages caused to the other Party in result of nonfulfillment or undue fulfillment of its obligations hereunder.
All disputes between the Parties, arising out of or in connection with this Agreement shall be resolved though amicable negotiations. Should the Parties fail to achieve a satisfactory positive result, either Party shall be entitled to refer such a dispute to the relevant court authority of the Republic of Azerbaijan.
6.Intellectual Property
All copyright and intellectual property rights on the all materials (print, video, audio, etc.) created by the Contractor or by third parties on behalf of the Contractor and provided to the Customer in connection with this Agreement shall pass exclusively to the Customer. The Contractor undertakes to provide and to sign all required documents regarding transfer of these rights.
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