Company is not requiring specific insurance limits or Workers Compensation, Commercial and General Liability and Comprehensive Automobile Liability Insurance in this instance for this Subcontract. In exchange for waiving these requirements, Seller agrees that it shall bear liability for occurrences normally covered by these types of insurances that shall arise in the course of this Agreement whether it be on Company, Customer, or subcontractor site and shall hold Company and its insurance carriers harmless for these occurrences.
This Agreement shall be construed and enforced in accordance with the laws of the State of New York without reference to that body of law governing conflicts of law.
The parties recognize the uncertainty of the law with respect to certain provisions of this Agreement and expressly stipulate that this Agreement shall be construed in a manner that renders its provisions valid and enforceable to the maximum extent possible under applicable law.
To the extent that any provisions of this Agreement are determined by a court of competent jurisdiction to be invalid or unenforceable, such provisions shall be deleted from this Agreement or modified so as to make them enforceable and the validity and enforceability of the remainder of such provisions and of this Agreement shall be unaffected. In the event of such delay the date of delivery or time for completion shall be extended by a period of time reasonably necessary to overcome the effect of any such delay.
This Agreement inclusive of the attached Statement of Work s embodies the Initial authorization between the undersigned parties and supersedes all prior contracts, representations, negotiations, or letters, whether written or oral, regarding the subject matter hereof.
The parties shall not be bound by or liable for any statement, representation, promise, inducement, or understanding of any kind not set forth in this Agreement.
No statement or writing subsequent to the date of execution of this Agreement purporting to modify or add to the terms and conditions hereof shall be binding unless consented to in writing by duly- authorized procurement representatives of Company, Inc.
TERM Unless terminated at an earlier date in accordance with Section 6 of this agreement, the term of this Agreement shall be effective on the date of last signature and continue for NUMBER months after that date, unless extended by Company prior to its expiration. All invoices must reference the Retainer Agreement and include the following information. Explanation of Services; Period of performance, number of hours for invoiced period and cumulative hours; Billing rate, total invoiced amount and cumulative invoiced amount; Trip report for travel performed, indicating names of persons and companies visited, and purposes of trip; Itemized expenses, supported by original receipts; Invoices may be submitted electronically to: This could be a physical address too, if that is preferred.
Feel free to modify accordingly. Any moneys due to Consultant shall be compensated fairly against actual work performed; or by Consultant immediately if Company defaults in the performance of its obligations under this Agreement. Either party then may terminate this agreement by providing 30 days advance written notice, which notice shall not be provided until at least 30 days subsequent to the execution date of this agreement.
INSURANCE Seller shall at all times during the term of this Agreement, at its own cost and expense, carry and maintain the following insurance coverage: homeowners property insurance to include general liability coverage and comprehensive automobile liability insurance.
Use this template No credit card required. Use template LinkedIn Facebook Twitter. Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9 a i hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.
Termination of Plan A majority of either Fund's Board of Directors may terminate this Plan with respect to that Fund at any time before the applicable Effective Time if: i the Fund's conditions precedent set forth in Sections 8, 9 or 10 as appropriate, are not satisfied; or ii the Board of Directors determines that the consummation of the Acquisition is not in the best interests of the Fund or its stockholders and gives notice of such termination to the other party.
Term; Termination of Agreement This Agreement shall continue in force for a period of one year from the date hereof, subject to an unlimited number of successive one-year renewals upon mutual consent of the parties.
It is the duty of the Independent Directors to evaluate the performance of the Advisor annually before renewing the Agreement, and each such renewal shall be for a term of no more than one year. This Consulting Agreement may terminate earlier upon any of the following:.
Termination of Agreement for Cause 9. This document is similar to a Service Agreement, however, the factor distinguishing the Service Agreement from the Retainer Agreement is that a service provider in a Retainer Agreement receives an advance payment i. For example, Mr. A intends to contract Mr. B, a legal practitioner, on a retainer basis to manage Mr. A's properties. A is required to pay Mr. B an amount, called a retainer fee, in advance in contemplation of the services Mr. B will render to Mr.
While in a service contract, Mr. B will usually be entitled to his payment after the services have been rendered. One obvious benefit of a Retainer Agreement is that, on the service provider's perspective, the retainer provides a guaranteed income and saves the time the service provider would normally use to source for other paid jobs. Another benefit is that it gives the client assurance that the service provider will work for them for the period agreed by the parties and neither of the parties can terminate the contract until after the expiration of the term of the retainer.
The document simply requires the names and addresses of the parties to the agreement, the duration or term of the retainer , the services to be rendered , duties and obligations of the party providing the service , the retainer fee and terms of payment and includes confidentiality provisions. After filling this form, the two parties should sign two copies of this document and keep at least one copy each for record purposes.
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