5IRE · PARTNERSHIP_Zebu Digital (1)

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 6

Partnership Agreement

PARTIES

- This Partnership Agreement (hereinafter referred to as the “Agreement”) is entered into on


July 14th, 2022 (the “Effective Date”), by and between Zebu digital, International House,
Constance Street, London, England, E16 2DQ, Reg. no. 13332962 (hereinafter referred to as
the “Partner”); and 5ire Foundation - FZCO, a Free Zone Company with limited liability
established in Dubai Silicon Oasis Free Zone, in the Emirate of Dubai, having a registration
number DSO-FZCO-11933, (hereinafter referred to as the “Company”) (collectively
referred to as the “Parties”).

CONSIDERATION

- The Company is specialized in blockchain technology and aims to become a blockchain


ecosystem for the 5th industrial revolution, where self-sovereign decentralized organizations
are empowered and incentivized toward accelerating the implementation of the United
Nations 2030 Agenda for Sustainable Development.

- The Parties agree that the Partner will provide the services attached hereunder.

SERVICES

The Partner’s services are summarized down below:

- Zebu representatives to help define a clear Web 3 marketing strategy and deliverables.
- Desire to promote the collaboration of the Zebu and 5ire and to strengthen and expand the
mutual contacts between Zebu and 5ire.
- Desire to provide for a variety of collaborative opportunities for Zebu and 5ire.

The Company’s services are summarized down below:

- To share marketing and branding goals, measure for success, timescales and any compelling
events.

- To support Zebu Digital in creating an offer to match your bespoke marketing services needs
and vice versa.
The Partner shall provide their services to the Company in order to achieve the objectives listed
in Annex 1 to this Agreement (hereafter the ‘Service Objectives’) in a timely manner, on an
ongoing basis

In achieving the Service Objectives, the Partner undertakes to exercise a reasonable degree of
care, skill, and diligence and to act honestly and in good faith in the best interests of the
Company.

TERM

- This Agreement shall be effective on the date of signing this Agreement (hereinafter referred
to as the “Effective Date”) and will continue to run for a period till mutually agreed
(hereafter the “Engagement”) unless it’s terminated before in line with the TERMINATION
clause.
- Upon the end of the term of the Agreement, this Agreement will not be automatically
renewed for a new term.

TERMINATION

- This Agreement may be terminated in case the following occurs:

1. Immediately in case one of the Parties breaches this Agreement.

2. At any given time by providing a written notice to the other party 30 days prior to
terminating the Agreement.

LIMITATION OF LIABILITY

- The Partner shall indemnify the Company and hold the Company harmless from and against
all claims, damages, losses, fines or other expenses whatsoever and from and against all
costs, advocates' fees, expenses, damages, and liabilities suffered or incurred directly or
indirectly by the Company and arising from any act or omission of the Partner including, but
not limited to, infringements of IP Rights of a third party, any breach of law, third party
claims arising from a defect in the performance of services or breach of this Agreement.

EXCLUSIVITY

- The Parties agree and understand that this Agreement is not exclusive and that the Parties are
entitled to enter into other similar agreements with other parties.
OWNERSHIP

- The Parties agree that all work created by the Partner in terms of their performing the
services will remain the exclusive property of the Company, who can use it without any
restrictions.

CONFIDENTIALITY

- The Partner shall not at any time during the Engagement or at any time afterwards for their
own or anyone else purposes utilize or disclose to any person or firm or company (unless
required by the performance of their duties under this Agreement or by law) any Confidential
Information of the Company. This obligation shall extend and equally apply to matters
concerning clients and other business contacts of the Company.

- The Partner shall protect the Company’s trade secrets, Confidential Information, and
Intellectual Property in a manner to prevent unauthorized disclosure or use thereof. If the
Partner feels any doubt as to whether certain information is considered to be Confidential
Information, the Partner shall consult the Company for clarification prior to any disclosing or
permitting any use thereof.

- The Partner binds himself/herself not to, without the prior authorization of the Company,
remove from the Company premises or copy or allow others to copy the contents of any
document, file (physical or electronic), computer disk, tape, or other tangible items which
contains any Confidential Information or which belongs to the Company or any of its
subsidiaries or associated companies.

- The Partner further undertakes and binds himself/herself to return to the Company upon
request and, in any event on the termination of this Agreement for any reason whatsoever,
reports, correspondence, documents, computer disks, memory cards, tapes, and other tangible
items in their possession or under their control which belong to the Company or its
subsidiaries or associated companies or which contain, imply or refer to any Confidential
Information.

DISPUTE RESOLUTION

- Any dispute or difference whatsoever arising out of or in connection with this Agreement
shall be submitted to Arbitration/mediation/negotiation in accordance with, and subject to the
laws of the United Arab Emirates.
GOVERNING LAW

- This Agreement shall be governed by and construed in accordance with the laws of United
Arab Emirates

SEVERABILITY

- In an event where any provision of this Agreement is found to be void and unenforceable by
a court of competent jurisdiction, then the remaining provisions will remain to be enforced in
accordance with the Parties’ intention.
ENTIRE AGREEMENT

- This Agreement contains the entire agreement and understanding among the Parties hereto
with respect to the subject matter hereof, and supersedes all prior agreements,
understandings, inducements and conditions, express or implied, oral or written, of any
nature whatsoever with respect to the subject matter hereof. The express terms hereof control
and supersede any course of performance and/or usage of the trade inconsistent with any of
the terms hereof.

AMENDMENTS
- The Parties agree that any amendments made to this Agreement must be in writing and they
must be signed by both Parties to this Agreement.
- As such, any amendments made by the Parties will be applied to this Agreement.
SIGNATURE AND DATE

- The Parties hereby agree to the terms and conditions set forth in this Agreement and such is
demonstrated throughout by their signatures below:

COMPANY Signature:

Name: 5ire Foundation - FZCO


Signature: Name:
Title:
Company:

Pratik Gauri (CEO) Date:

Prateek Dwivedi (CMO)

Vilma Mattila (CBO)


ANNEX 1
Service Objectives

The Partner’s services are summarized down below:

- Zebu representatives to help define a clear Web 3 marketing strategy and deliverables.
- Desire to promote the collaboration of the Zebu and 5ire.
- Desire to strengthen and expand the mutual contacts between Zebu and 5ire.
- Desire to provide for a variety of collaborative opportunities for Zebu and 5ire.

The Company’s services are summarized down below:

- To share marketing and branding goals, measure for success, timescales and any compelling
events.

- To support Zebu Digital in creating an offer to match your bespoke marketing services needs
and vice versa.

You might also like