Foreign trade contract (foreign exchange)

WORLD MANAGEMENT CO. FOREIGN TRADE CONTRACT Party A:WORLD MANAGEMENT CO. Party B:FAREX AG This contract is made by and between WORLD MANAGEMENT CO.(hereinafter referred to as party A) and FAREX AG (hereinafter referred to as party B). I. General 1. This contract governs the provisions for......

WORLD MANAGEMENT CO. FOREIGN TRADE CONTRACT

Party A:WORLD MANAGEMENT CO.

Party B:FAREX AG

This contract is made by and between WORLD MANAGEMENT CO.(hereinafter referred to as party A) and FAREX AG (hereinafter referred to as party B).

I. General

1. This contract governs the provisions for the sale and purchase of Party B (FAREX AG) products and services to Party A (WORLD MANAGEMENT CO.).

2. This contract sets out the rights and obligations of both parties and is binding upon the parties, subject to their respective laws and regulations. In addition, this contract is fully compliant with all applicable international laws.

3. Where necessary, additional clauses are included in this contract to provide a fair and reasonable basis for all domestic and foreign parties involved in this business relationship.

II. Product and Service Specification

1. Party A agrees to purchase from Party B the following kinds of products and services:

Product 1: An online marketing toolkit to help clients manage their digital presence and optimize their online campaigns.

2. Party B agrees to provide Party A with the following kinds of services :

Service 1: Ongoing monthly support and maintenance for the online marketing toolkit.

3. The above-mentioned products and services will be provided within the terms of this contract.

III. Payment

1. Payment will be made in the form of cash or negotiable instruments, depending upon the agreed terms between both parties.

2. All payments will be made by Party A no later than 20 days after delivery of the products and services, provided that Party B is in compliance with this agreement and its terms.

3. If required, Party A will pay a reasonable sum to cover taxes and other fees, as required by law.

IV. Quality Monitoring

1. Party B acknowledges that Party A is entitled to reasonable proof that the quality specifications set out in this contract have been maintained.

2. Party B also undertakes to provide any reports and/or records as may be reasonably requested by Party A to monitor the quality of the products and services provided.

V. Delivery

1. Unless otherwise agreed, products and services will be delivered within the agreed time period in accordance with the terms laid out in this contract.

2. In the event of any delay to delivery times, Party B will provide an adequate explanation to Party A in writing.

VI. Dispute Resolution

1. All disputes will be resolved in accordance with the laws and regulations of the relevant jurisdiction.

2. In the event of any dispute between the parties, no action may be taken before negotiations and/or mediation proceedings have taken place.

VII. Miscellaneous

1. This contract will take effect upon the date of signature and remain valid until completion.

2. In the event of any changes or modifications to the contract, these must be made in writing and signed by both parties.

3. Party B shall not assign any of its rights and obligations under this contract without the prior written consent of Party A.

4. This contract does not confer any implicit licenses or grant any other rights to either party, other than those expressly stated.

5. This contract shall be construed and enforced in accordance with the laws of England and Wales.

IN WITNESS WHEREOF the parties have caused their duly authorized representatives to execute this Contract as of

[date]

AGREED BY

Party A:

Printed Name:

Signature:

Party B:

Printed Name:

Signature:

Put Away Put Away
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13/06/2023