1 – URL’s FIDULINK :
1 – https://www.fidulink.com
2 – https://www.office-fidulink.com
3 – https://www.marketplace- fidulink.com
Client, hereinafter referred to as the „Client”, and
Consulting Firm „AAA WORLD” registered and existing in accordance with the laws of the United Kingdom, having Place of practice www.fidulink.com at 20 22 Wenlock Road, London, England, hereinafter referred to as „AAA WORLD LTD or AAA WORLD ”, represented by its director, on the other hand, the Client and AAA WORLD hereinafter collectively referred to as the „Parties”, hereby conclude the present service agreement, hereinafter referred to as the „Agreement”, as follows:
1.SCOPE OF THE AGREEMENT
1.1. The Parties hereby agree that AAA WORLD shall provide consulting services to the Client pursuant to the terms and conditions of this Agreement and shall fulfill other obligations under the Agreement.
1.2. The Client hereby undertakes to pay for the consulting services provided by AAA WORLD pursuant to the terms and conditions of this Agreement and shall fulfill other obligations under the Agreement.
2.1. The Parties hereby agree that AAA WORLD shall provide consulting services to the Client upon and pursuant to Client’s request.
2.2. AAA WORLD shall provide the consulting services to the Client in accordance with existing laws and analysis of documents provided by the Client.
2.3. AAA WORLD shall apply its all available know-how and necessary knowledge, as well as diligent and serious attitude towards work, to provide the consulting services in accordance with commonly recognized professional standards.
2.4. AAA WORLD shall be entitled to rely that the person, requesting AAA WORLD to provide consulting services to the Client, is acting on behalf of the Client and is entitled to represent the Client.
3.1. The Client undertakes:
3.1.1. to pay in full to AAA WORLD in accordance with Clause 4 of the present Agreement for the Legal and consulting services provided by AAA WORLD and Partners of AAA WORLD ;
3.1.2. to reimburse to AAA WORLD all the expenses in accordance with the description of expenditures issued by AAA WORLD for gasoline/fuel, if AAA WORLD needs to travel outside London city administrative territory for purposes of providing legal or consulting services hereunder, as well for all the state, municipal, office, notary fees and other payments mandatory with regard to legal services, which are provided pursuant to this Agreement, if those fees, expenses and other payments have been previously agreed between the Parties;
3.1.3. to submit timely to AAA WORLD with all the necessary powers of attorney and other documents and information, which concern matters handled by AAA WORLD and which are necessary in order to provide the Client with quality legal services. The Client also agrees to inform AAA WORLD immediately of any changes to the initial information and documents. AAA WORLD shall not be held liable for any loss incurred, and is not responsible for inaccuracies or other shortcomings of the documents provided by the Client;
3.1.4. to nominate its authorized representative for purposes of execution of this Agreement.
3.2. The Client is entitled to request AAA WORLD to carry out urgent tasks by notifying AAA WORLD in due time by telephone.
3.3. The Client is not entitled to require AAA WORLD to carry out unlawful activities or activities which are not compatible with Code of Ethics.
4.1. The Client shall pay to AAA WORLD remuneration (fee) for legal services according to the Clause 4 of the present Agreement.
4.2. The Parties hereby agree that the Client shall pay to AAA WORLD remuneration according to the hourly rate EUR 200 (two hundred euros), unless the Parties have agreed otherwise in regard to remuneration for legal services on a particular matter.
4.3. AAA WORLD is entitled to request advance payment of remuneration or its part, and, should such be the case, AAA WORLD shall be entitled not to commence provision of legal services until receipt of respective advance payment.
4.4. The remuneration amounts referred to in the present Agreement are indicated excluding value added tax, which shall be calculated in accordance with applicable laws and regulations and which the Client shall be obliged to pay in addition to the remuneration calculated pursuant to this Agreement.
4.5. AAA WORLD shall keep records of the time spent on provision of legal services hereunder rounding the time to the nearest quarter of an hour. A quarter of an hour is the smallest unit.
4.6. Payment, calculated pursuant to the Clause 4.1. through 4.5. hereof, shall be paid by the Client within 10 (ten) days after issuance of the invoice by AAA WORLD, by making a transfer to AAA WORLD`s bank account referred to in AAA WORLD’s invoice.
4.7. The payment shall be considered paid according to the present Agreement when the funds are credited to AAA WORLD`s bank account referred to in AAA WORLD’s invoice in accordance with the stated purpose of the payment.
5.1 AAA WORLD takes full responsibility for the compliance of legal services to the Client’s requests and instructions and applicable laws and regulations.
5.2 The Client shall be fully liable for accuracy of the materials and information provided to AAA WORLD by the Client and their timely submission to AAA WORLD.
5.3 If the Client delays the term of payment which is determined in accordance with Clause 4.6. of the present Agreement, the Client shall pay penalty to AAA WORLD in the amount of 2 % (Two per cent) of the unpaid amount for each day of delay, but not more than 10% of the outstanding amount. The penalty payment does not release the Client from obligation to perform its duties hereunder and from an obligation to indemnify losses.
6.1. The Parties undertake to respect the confidentiality and without the prior written consent of the other Party not to disclose to third parties information, which has become known to them while performing obligations under the present Agreement, except when it is required by the laws enforceable in the United Kingdom. The Parties undertake to comply with this Clause of the present Agreement also after termination of this Agreement.
6.2. Consulting firms AAA WORLD in other countries, including those in Estonia and Lithuania … , are deemed not to be the third parties within understanding of Clause 6.1 hereof. AAA WORLD is entitled to disclose to consulting firms AAA WORLD in other countries, including 90 countries …, inter alia, information on conclusion of this Agreement, its terms and on legal and consulting services provided to the Client under this Agreement.
6.3. In communication with third parties and in public AAA WORLD is entitled to refer to the legal and consulting services rendered to the Client, provided that without Client’s consent expressed in written or email form AAA WORLD is not entitled to disclose identity of the Client and/or other information on its handled matters which is not available in the public domain.
7.1. The Parties hereby agree that AAA WORLD`s, its sworn adviser’ and staff’s civil liability in respect of the legal and consulting services provided to the Client under the present Agreement shall not exceed the lesser of the amount of fees received for the legal services in question and actually
caused direct damage to the Client. Actual direct damage does not include indirect loss and unearned income.
7.2. AAA WORLD shall not be liable for any loss suffered by the Client due to delay, negligence or carelessness in execution of legal or consulting advice, as well for any loss suffered by the Client due to the Client’s malicious acts or failure to act, provision of false information by the Client or willful nonperformance of obligations on behalf of the Client, its management or any other persons associated with the Client.
7.3. The Client hereby acknowledges and agrees that any legal proceedings in respect of or in connection with legal services provided in accordance with the present Agreement may be initiated no later than one year from the date when the Party, which initiates legal proceedings, has become aware of or should be aware of facts that raise liability issue, but in any event not later than 2 years after the termination of the Agreement.
7.4. The Parties hereby agree that any dispute, disagreement or claim arising out of the Agreement, concerning the same or infringement, termination or invalidity thereof shall be resolved by competent court of London United Kingdom.
7.5. The Client hereby acknowledges that it is informed that invoices issued in accordance with Clause 4 hereof are execution documents and they are subject to forced execution pursuant to a procedure for execution of court judgments as provided for by the Civil Procedure Law of London United Kingdom.
8.1 Unless this Agreement expressly sets forth otherwise, all requests and notices pursuant to this Agreement shall be delivered by mail or electronic mail the latter being electronic mail which is indicated in this Agreement or notified to the other Party during the course of this Agreement.
9.1. The present Agreement shall enter into force at the moment of signing it by both Parties.
9.2. The Agreement is concluded for an indefinite period or until the termination of the Agreement in accordance with Clause 10 of the present Agreement.
10.TERMINATION AND AMENDMENTS OF THE AGREEMENT
10.1. The Client is entitled to terminate the Agreement unilaterally, by notifying AAA WORLD in writing 15 (fifteen) days in advance.
10.2. If the Client terminates the Agreement unilaterally, the Client is obliged to pay to AAA WORLD remuneration for legal services provided pursuant to this Agreement in full within 10 (ten) days after AAA WORLD has issued an invoice for services provided up until the last date of validity of this Agreement. The Client is also obliged to reimburse AAA WORLD expenses incurred by the latter until the date of termination of the Agreement (inclusive), irrespective of the reason for termination of the Agreement.
10.3. AAA WORLD is entitled to terminate the Agreement unilaterally by notifying the Client in writing 30 (thirty) days in advance. If AAA WORLD terminates the Agreement in accordance with this Clause, AAA WORLD is obliged to finish all the Client`s matters started before the date of termination notice of the Agreement, given that AAA WORLD receives remuneration for provided legal services in accordance with the Agreement.
10.4. If the Client delays payment of invoice referred to in Clause 4 hereof, AAA WORLD is entitled to stop provision of legal services and/or to unilaterally terminate the Agreement by notifying the Client in writing at least 5 (five) days in advance.
10.5. The present Agreement may be amended and supplemented by written agreement of the Parties. Any amendments and supplements to the Agreement shall be executed in writing and shall become an integral part of the Agreement.
10.6. AAA WORLD is entitled to change hourly rates referred to in Clause 4.2 of the present Agreement and other charges, by notifying the Client 30 (thirty) days in advance. If the Client does not agree to pay AAA WORLD for the legal assistance at increased rates or charges, the Client informs there of AAA WORLD and AAA WORLD LTD has the right to unilaterally terminate this Agreement.
10.7. Parties are entitled to reduce the remuneration, which is set forth in this Agreement with regard to legal services of AAA WORLD , or to agree on a fixed remuneration amount for provision of certain legal and consulting services by entering into a written agreement or in form of electronic mail correspondence.
11.1. If one or more provisions of the present Agreement become invalid, the remaining provisions of the Agreement shall remain in force.
11.2. The present Agreement has been executed in 2 (two) counterparts on 4 (four) pages each in English language, one of which shall be provided to each Party.
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