CONTRACTING AGREEMENT
This Contracting Agreement (the “Agreement”) is made as of the 22 December 2024 between:
(1) PARTY_1_NAME (the “Company”), a company and registered address at PARTY_1_ADDRESS_SINGLE_LINE; and
(2) PARTY_2_NAME (the “Contractor”), a national with domiciled address at PARTY_2_ADDRESS_SINGLE_LINE
(individually a “Party” and collectively the “Parties”).
1. Services to be performed.
(a) The Contractor shall provide the following services to the Company: SERVICES and any ancillary services incidental thereto (together, the “Services”).
(b) The Parties may agree to additional services to be provided by the Contractor to the Company by agreement in writing.
(c) The Contractor shall perform the Services as an independent contractor on a non-exclusive basis, and, unless stated explicitly, nothing contained herein shall be deemed to create any partnership, joint venture, or relationship of principal and agent between the Parties hereto or any of the Company’s affiliates or subsidiaries.
(d) The Contractor agrees to participate in and report to the Company on performance review to be conducted on a regular basis as reasonably required by the Company.
(e) The Contractor shall render the Services with reasonable care and use its reasonable endeavours to ensure that the Services provided shall be reasonably satisfactory to the Company.
2. Terms
(a) The Services by the Contractor to the Company shall be completed in its entirety by SERVICES_COMPLETION_DATE.
(b) Subject to paragraph (c) of Clause 9 (Confidentiality), this Agreement shall terminate on the date falling one year after the date of this Agreement.
3. Fees and Expenses
In consideration of the provision of the Services, the Company shall pay to the Contractor CURRENCY CONTRACTOR_FEES in fees in such payment method and disbursement schedule as mutually agreed by the Parties. The Contractor shall be solely responsible for any and all taxes applicable to such fees.
4. Compliance with Laws
(a) Each Party hereto agrees that it shall comply with all applicable laws, ordinances, codes and regulations in the performance of its obligations or receipt of Services under this Agreement. If at any time during the term of this Agreement, either the Contractor or the Company is informed or information comes to its attention that it is or may be in violation of any law, ordinance or code (or if it is so determined by any court, tribunal or other authority), that Party shall immediately take all appropriate steps to remedy such violation and comply with such law, regulation, ordinance or code in all respects. Further, each Party hereto shall establish and maintain all proper records (particularly, but without limitation, accounting records) required by any law, code of practice or corporate policy applicable to it from time to time.
(b) The Contractor shall report to the Company if there is any material change in the Services or any material problems, incidents, accidents or disruption which has a material impact on the Services.
(c) The Contractor shall obtain and maintain the licences, permits, consents and approvals necessary for it to provide the Services under this Agreement.
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