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Client Services Agreement
This Client Services Agreement (“Agreement”) is between the client (the “Client”), and Pane Ventures Limited, a company registered under the laws of England and Wales with its registered office at Suite A, 82 James Carter Road, Mildenhall, Bury St Edmunds, IP28 7DE, United Kingdom, and company registration number 13993591 (the “Service Provider”), (each a “Party” and collectively the “Parties”).
By agreeing to work with the Service Provider, the Client automatically agrees to the below terms.
- SERVICES
The Service Provider will provide investment preparation and introductory services to the Client, as specified in Appendix A to this Agreement (the “Services”).
- TERM
Provision of the Services will commence on the Effective Date and continue for a period of eight (8) weeks unless terminated earlier in accordance with its provisions (“Term”).
- EARLY TERMINATION
Either Party shall have the right to terminate this Agreement immediately if a) the other Party breaches its material obligations under this Agreement and fails to remedy the said breach in a timely manner; or b) the other Party becomes subject to voluntary or involuntary bankruptcy, insolvency, receivership, or other such proceedings.
- SERVICE FEE & PAYMENT TERMS
The Client will pay Service Provider a “Service Fee” as quoted in the invoice for the Services. Payment of the Service Fee shall be payable on the Effective Date and shall be made by bank transfer or other payment methods as specified by Service Provider.
- SERVICE PROVIDER’S OBLIGATIONS
The Service Provider agrees to provide the Services with all due care, skill, and ability reasonably required for the provision of such services. In performing the Services, Service Provider agrees to comply with all laws and regulations applicable to the provision of such services, including those relating to anti-bribery, anti-corruption, and data protection.
- CLIENT’S OBLIGATIONS
The Client agrees to provide all documentation and information reasonably necessary for the Service Provider to fulfill its obligations under this Agreement. Client warrants that any such information provided is complete and accurate in all material respects and that its provision does not infringe the proprietary or intellectual property rights of any third party. The Client further acknowledges sole responsibility for securing investment and agrees to make reasonable commercial efforts to secure investment or other funding arrangements during the Term.
- MUTUAL CONFIDENTIALITY AND NON-DISCLOSURE
7.1 Each Party agrees to keep confidential any Confidential Information disclosed to it by the other Party, to limit use of any Confidential Information to the extent necessary to perform its obligations under this Agreement, and not to disclose Confidential Information to any person other than its directors, officers, affiliates, owners, employees, agents or subcontractors who have a reasonable need to know such information and who are bound to obligations of confidentiality and restricted use at least as stringent as the terms of this provision. The Parties agree to at all times use reasonable care to ensure the non-disclosure or misuse of Confidential Information, but in no event shall such care be less than required to protect its own Confidential Information.
7.2 For purposes of this Agreement, “Confidential Information” shall mean any information furnished by one Party to the other, whether furnished before or after the Effective Date, that would reasonably be considered confidential or proprietary in nature, whether or not so marked or indicated by the disclosing party, except information which a) at the time of disclosure, is in the public domain or which, after its disclosure, becomes part of the public domain through no fault of the receiving Party; or b) can be established by reasonable and competent proof was in the receiving Party’s possession at the time of such disclosure; or c) is rightfully received by the receiving Party from a third-party not owing a duty of confidentiality; or d) was subsequently and independently developed or purchased by, or on behalf of, the receiving Party without reference to or knowledge of the Confidential Information, as evidenced by receiving Party’s written records; or e) is disclosed, without a duty of confidentiality to a third-party by, or with, the authorization of the disclosing Party.
7.3 In the event that the receiving Party is required by law, regulation, or court order to disclose Confidential Information, the receiving Party shall notify the disclosing Party of such requirement promptly and in such a way that disclosing Party has maximum opportunity to restrict or limit such disclosure as the circumstances may permit.
7.4 Unless otherwise mutually agreed in wiring, the Parties’ obligations with respect to confidentiality and non-disclosure under this Agreement shall expire five (5) years from the date of termination or expiration of this Agreement.
8. RELATIONSHIP
Nothing contained in this Agreement will be deemed to create any relationship between the Parties except that of independent contractors. Specifically, this Agreement does not create any relationship between either the Parties, or their affiliates, of employment, consultancy, agency, joint venture, or partnership. Neither Party will have the power to obligate the other beyond the scope of the obligations specifically set forth in this Agreement.
- MISCELLANEOUS
Neither Party may assign or transfer this Agreement or any of its rights or obligations under this Agreement to another Party without the prior written approval of the other Party unless such assignment or transfer is part of (a) a sale of all or substantially all of the assigning Party’s assets, or (b) a merger, consolidation, or other reorganization of the assigning Party. This Agreement may only be amended or modified by written consent of both Parties. This Agreement constitutes the entire agreement of the Parties and supersedes all previous agreements, whether oral or in writing, between the Parties in relation to its subject matter. If any provision of this Agreement is determined to be invalid, illegal, or unenforceable, such determination shall not affect the other provisions of this Agreement, and such provision shall, to the fullest extent possible, be modified so that it would be valid, legal, and enforceable, or where such modification is not possible, be deleted such that it shall not affect the validity, legality, or enforceability of the remaining provisions.
- GOVERNING LAW AND DISPUTE RESOLUTION
10.1 This Agreement and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the laws of England and Wales, without reference to its conflict of laws provisions.
10.2 Each Party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this Agreement or its subject matter or formation (including non-contractual disputes or claims).
Appendix A
The Services provided under this Agreement shall be as follows:
- Development of investment-related materials (that may or may not include Business Plan, Financial Model, Pitch Deck; and or Investor Introductions;
- Introductions to potential investors for the purpose of securing investment for the Client;
- Startup Advisory.