Legal Text Template for Commercial Contracts
This Agreement is made on 01 April 2023 (the "Effective 01 April 2023") between XYZ Consulting GmbH, with a principal place of business at Hauptstraße 123, 10115 Berlin, Germany ("Contractor"), and ABC Goods Ltd., with a principal place of business at Market Street 456, 90210 Beverly Hills, USA ("Client").
WHEREAS, Contractor agrees to provide Product/Service Description to Client according to the terms and conditions herein.
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties hereto agree as follows:
Scope of Work: Contractor shall perform the services and provide the deliverables as described in Exhibit A attached hereto and incorporated herein by reference (the "Services"). Payment Terms: Client shall pay Contractor the amount of - €50,000.00 as compensation for the Services in accordance with the 50% upfront upon signing of this Agreement, 25% upon completion of market research, and the remaining 25% upon final delivery of the strategy report outlined in Exhibit B. Term and Termination: This Agreement shall commence on the Effective 01 April 2023 and shall continue until End 01 April 2023 or conditions for termination, unless terminated earlier according to the termination provisions outlined herein. Confidentiality: Both parties agree to maintain the confidentiality of any proprietary information received from the other party during the course of this Agreement. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of Berlin, Germany. IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the Effective 01 April 2023.
Johann Schmidt
XYZ Consulting GmbH, Contractor
Emily Johnson
ABC Goods Ltd., Client