VATTENFALL CONTRACT AGREEMENT .Docx 223docx - Docx For Erik Goransson - Docx77

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CONTRACT AGREEMENT

The Parties. This Construction Contract Agreement is made between:

Client: Vattenfall with an mailing address of [email protected]

Headquarters’ Evenemangsgatan 13C, Solna, Stockholm, 16992,


Country Sweden

Contractor: Erik Goransson with a mailing address of


[email protected] City of 322 Huddingevafen Huddinge Stockholm

WHEREAS the Client intends to pay the Contractor for Services


provided, effective from 11TH of July 2023 under the following terms
and conditions:

The Services. The Contractor agrees to perform the following: Assists


in servicing of gas and oil wells; transports rig and other vehicles to
the locations, rigs. supervision of all the activities around the working
place, also supply of vessel for energy production

Hereinafter known as the “Services”.


Payment. In consideration for the Services to be performed by the
Contractor, the Client agrees to pay the following: (check one)

☐ - $10,000000, for the Services.

☐ - Commission in the amount of: five million euros

☐ - Other: Another five million euros will be given to him on the 30th of
July

Completion shall be defined as the fulfillment of Services as described


in Section II in accordance with industry standards and to the approval
of the Client, not to be unreasonably withheld.

The Contractor agrees to be paid: (check one)

☐ - At completion of the Services performed.

☐ - On a ☐ weekly ☐ monthly ☐ quarterly basis beginning on 11th


July , 2023 until the completion of the Services.

☐ - Other. Monthly and before the completion of the contract


work

Due Date. The Services provided by the Contractor shall: (check one)

☐ - Be completed by 23th of April 2025

☐ - Not have a due date.

☐ - Other. 23th of April 2025

Expenses. The Contractor shall be: (check one)


☐ - Responsible for all expenses related to providing the Services
under this Agreement. This includes, but is not limited to, supplies,
equipment, operating costs, business costs,

employment costs, taxes, Social Security


contributions/payments, disability insurance, unemployment
taxes, and any other cost that may or may not be in connection
with the Services provided Contractor.

☐ Reimbursed for the following expenses that are attributable


directly to the Services performed under this Agreement: The
client will reform the money back to the contractor

*The Client will be required to pay the Contractor within thirty


(30) days of any Expense after receiving an itemized expense
statement from the Contractor. Upon request by the Client, the
Contractor may have to show any receipt(s) or proof of purchase
for said Expense(s).

Liability Insurance (Minimum ($) Amount). The Contractor agrees to


bear all responsibility for the actions related to themselves and their
employees or personnel under this Agreement. In addition, the
Contractor agrees to obtain comprehensive liability insurance
coverage in case of bodily or personal injury, property damage,
contractual liability, and cross-liability (“Liability Insurance”).

The minimum amount ($) for the Liability Insurance shall: (check one)

☐ - Be a minimum amount of combined single limit of $ 85000.

☐ - Not have a minimum amount required.


Termination. This Agreement shall terminate upon the: (check one)

☐ **** Completion of the Services provided.

☐ - Date of 23th of April 2025

☐ - Other. 23th of April 2025

In addition, the Client or Contractor may terminate this Agreement,


and any obligations stated hereunder, with reasonable cause by
providing written notice of a material breach of the other party; or any
act exposing the other party to liability to others for personal injury or
property damage.

Option to Terminate. The Client and Contractor shall: (check one)

☐ - Have the option to terminate this Agreement at any time by


providing 30days’ written notice.

☐ - Not have the option to terminate this Agreement unless there


is reasonable cause, as defined in Section VII.

Independent Contractor Status. The Contractor, under the code of the


Internal Revenue Service (IRS), is an independent contractor, and
neither the Contractor's employees or contract personnel are, or shall
be deemed, the Client's employees.
In its capacity as an independent contractor, Contractor agrees and
represents: Contractor has the right to perform services for others
during the term of this Agreement; Contractor has the sole right to
control and direct the means, manner, and method by which the
Services required by this Agreement will be performed. Contractor
shall select the routes taken, starting and ending times, days of work,
and order the work is performed; Contractor has the right to hire
assistant(s) as subcontractors or to use employees to provide the
Services required under this Agreement. Neither Contractor, nor the
Contractor’s employees or personnel, shall be required

to wear any uniforms provided by the Client; The Services required by


this Agreement shall be performed by the Contractor, Contractor’s
employees or personnel, and the Client will not hire, supervise, or pay
assistants to help the Contractor; Neither Contractor nor Contractor’s
employees or personnel shall receive any training from the Client in
the professional skills necessary to perform the Services required by
this Agreement; and Neither the Contractor nor Contractor’s
employees or personnel shall be required by the Client to devote full-
time to the performance of the Services required by this Agreement.

Business Licenses, Permits, and Certificates. The Contractor


represents and warrants that all employees and personnel associated
shall comply with federal, state, and local laws requiring any required
licenses, permits, and certificates necessary to perform the Services
under this Agreement.

Federal and State Taxes. Under this Agreement, the Client shall not
be responsible for:
Withholding FICA, Medicare, Social Security, or any other federal or
state withholding taxes from the Contractor’s payments to employees
or personnel or make payments on behalf of the Contractor; Make
federal or state unemployment compensation contributions on the
Contractor’s behalf; and the payment of all taxes incurred related to or
while performing the Services under this Agreement, including all
applicable income taxes and, if the Contractor is not a corporation, all
applicable self-employment taxes. Upon demand, the Contractor shall
provide the Client with proof that such payments have been made.

Benefits of Contractor’s Employees. The Contractor understands and


agrees that they are solely responsible for shall be liable to all benefits
that are provided to their employees, including but not limited to,
retirement plans, health insurance, vacation time-off, sick pay,
personal leave, or any other benefit provided.

Unemployment Compensation. The Contractor shall be solely


responsible for the unemployment compensation payments on behalf
of their employees and personnel. The Contractor shall not be entitled
to unemployment compensation in connection with the Services
performed under this Agreement.

Workers’ Compensation. The Contractor shall be responsible for


providing all workers’ compensation insurance on behalf of their
employees. If the Contractor hires employees to perform any work
under this Agreement, the Contractor agrees to grant workers’
compensation coverage to the extent required by law. Upon request by
the Client, the Contractor must provide certificates proving workers’
compensation insurance at any time during the performance of the
Service.

Indemnification. The Contractor shall indemnify and hold the Client


harmless from any loss or liability from performing the Services under
this Agreement.

Confidentiality. The Contractor acknowledges that it will be necessary


for the Client to disclose certain confidential and proprietary
information to the Contractor in order for the Contractor to perform
their duties under this Agreement. The Contractor acknowledges that
disclosure to a third party or misuse of this proprietary or confidential
information would irreparably harm the Client. Accordingly, the
Contractor will not disclose or use, either during or after the term of
this Agreement, any proprietary or confidential information of the
Client without the Client's prior written permission except to the
extent necessary to perform Services on the Client's behalf.

Proprietary or confidential information includes, but is not limited to:


The written, printed, graphic, or electronically recorded materials
furnished by Client for Contractor to use; Any written or tangible
information stamped “confidential,” “proprietary,” or with a similar
legend, or any information that Client makes reasonable efforts to
maintain the secrecy of business or marketing plans or strategies,
customer lists, operating procedures, trade secrets, design formulas,
know-how and processes, computer programs and inventories,
discoveries, and improvements of any kind, sales projections, and
pricing information; and information belonging to customers and
suppliers of the Client about whom the Contractor gained knowledge
as a result of the Contractor's Services to the Client. Upon termination
of the Contractor's Services to the Client, or at the Client's request,
the Contractor shall deliver to the Client all materials in the
Contractor's possession relating to the Client's business. The
Contractor acknowledges any breach or threatened breach of
confidentiality that this Agreement will result in irreparable harm to
the Client for which damages would be an inadequate remedy.
Therefore, the Client shall be entitled to equitable relief, including an
injunction, in the event of such breach or threatened breach of
confidentiality. Such equitable relief shall be in addition to the Client's
rights and remedies otherwise available at law.

Proprietary Information. Proprietary information, under this


Agreement, shall include:

The product of all work performed under this Agreement (“Work


Product”), including without limitation all notes, reports,
documentation, drawings, computer programs, inventions, creations,
works, devices, models, work-in-progress and deliverables will be the
sole property of the Client, and Contractor hereby assigns to the Client
all right, title and interest therein, including but not limited to all
audiovisual, literary, moral rights and other copyrights, patent rights,
trade secret rights and other proprietary rights therein. Contractor
retains no right to use the Work Product and agrees not to challenge
the validity of the Client’s ownership in the Work Product;

Contractor hereby assigns to the Client all right, title, and interest in
any and all photographic images and videos or audio recordings made
by the Client during Contractor’s work for them, including, but not
limited to, any royalties, proceeds, or other benefits derived from such
photographs or recordings; and The Client will be entitled to use
Contractor's name and/or likeness in advertising and other materials.

Assignment and Delegation. The Contractor may assign rights and may
delegate duties under this Agreement to other individuals or entities
acting as a subcontractor (“Subcontractor”). The Contractor
recognizes that they shall be liable for all work performed by the
Subcontractor and shall hold the Client harmless of any liability in
connection with their performed work.

The Contractor shall be responsible for any confidential or proprietary


information that is shared with the Subcontractor in accordance with
Sections XVI & XVII of this Agreement. If any such information is
shared by the Subcontractor to third (3rd) parties, the Contractor shall
be made liable.

Severability. This Agreement shall remain in effect in the event a


section or provision is unenforceable or invalid. All remaining sections
and provisions shall be deemed legally binding unless a court rules
that any such provision or section is invalid or unenforceable, thus,
limiting the effect of another provision or section. In such case, the
affected provision or section shall be enforced as so limited.

Breach Waiver. Any waiver by the Client of a breach of any section of


this Agreement by the Contractor shall not operate or be construed as
a waiver of any subsequent breach by the Contractor.
Additional Terms and Conditions. The contractor can or replace any
name he/ she have provided before as a primary beneficiary, the
primary beneficiary is a person or persons first in line to receive a
benefit from the insurance policy of the company, and typically your
spouse and children are your primary beneficiary, and they will be
receiving 5% of annul income of the contract work.

Entire Agreement. This Agreement, along with any attachments or


addendums, represents the entire agreement between the parties.
Therefore, this Agreement supersedes any prior agreements, promises,
conditions, or understandings between the Employer and Employee.

Client’s Signature ______________________


Date: ______/28/6/2023_________

Print Name ____Erik Goransson______________

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