BUSINESS DEVELOPMENT SERVICE AGREEMENT
This Agreement is made effective as of _______________ until _______________.
VastResult Inc., a company organized and existing with its principal place of business located at Cityland Herrera Valero St. Makati City and Client, an exempt company organized and existing with its principal place of business address; Whereas:
| (A) | The Client requires certain business development services which VastResult Inc can provide; and |
| (B) | The VastResult Inc. is willing to provide such services in return for appropriate compensation. |
| 1. | Definitions |
| For purposes of this Agreement, the following definitions shall apply to the terms set forth below wherever they appear: |
| 2. | Business Development Services | |
| 2.1 | Business Development Services. During the term of this Agreement, Provider will provide the following business development services (“Services”) to Client:
a) Lead Generation b) Lead Profiling c) Fixed Appointments d) Follow ups e) Lead Nurturing f) Negotiation g) Closing |
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| 3. | Costs and Expenses | |
| 3.1 | The Provider’s Expenses. All expenses incurred by Provider in operating its business shall be borne by the Provider. | |
| 3.2 | The Client’s Expenses. The Client shall be responsible for all expenses incurred in operating its business. | |
| 3.3 | Cost. Base on the Project | |
| 4. | Personnel |
| The Provider agrees to provide qualified and suitable key personnel. |
| 5. | Confidential Information |
| Each party shall retain in confidence and shall not disclose to any other person any information furnished by the other party on a confidential basis under or in connection with the business of that other party without prior written consent. |
| 6. | Non-Solicitation of Employees |
| Client also agree that during the term of the contract with the VastResult Inc. and for twelve (12) months after the termination thereof, regardless of the reason for the services termination, Client will not, directly or indirectly, on clients own behalf or on behalf of or in conjunction with any person or legal entity, recruit, solicit, or induce, or attempt to recruit, solicit, or induce, any employee of the VastResult Inc with whom you had personal contact or supervised while performing the services, to terminate their employment relationship with the VastResult Inc. |
| 7. | The Provider’s Best Efforts |
| The Provider will use its best efforts, skill and experience in rendering the Services described in Section 2. |
| 8. | Term |
| This Agreement shall continue in full force and effect for a period of __________ and can be extended but one party notifies the other party, in writing, of its intent to terminate the agreement, pursuant to the notice and termination requirements of Sections 9 and 10, below. |
| 9. | Termination | ||
| 9.1 | By the Provider. The Provider may, at its sole option, terminate this Agreement by giving written notice of termination to the Client at least forty-five (45) days prior to the date of such termination, but only in the event of occurrence of one or more of the following events: | ||
| (a) | If by reason the performance of any material obligations under this Agreement, the payment or the remittance of any money payable hereunder is prohibited, or | ||
| (b) | If for any reason the Client fails or is unable to perform any of its material obligations under this Agreement, and such default continues for forty-five (45) days or more after written demand for performance. | ||
| 9.2 | By the Client. The Client may, at its option, by resolution of its Board of Directors terminate this Agreement in the event that the Provider fails to perform and such default continues for a period of forty-five (45) days after written demand for performance given to the Provider by the Board of Directors of the Client. | ||
| 10. | Notice | |
| Any notices required or allowed hereunder shall be in writing and given by registered air mail letter or by email to the parties at the following addresses or to such other address as may be furnished by one party to the other: | ||
| PROVIDER: VastResult Inc. Cityland Herrera Valero St. Makati City. Email: info@vastresult.com |
CLIENT: Name of Company Address of Client Email Address |
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| 11. | Independent Contractors |
| This Agreement does not create a principal or agent, employer or employee partnership, joint venture, or any other relationship except that of independent contractors between the parties. Nothing contained herein shall be construed to create or imply a joint venture, principal and agent, employer or employee, partnership, or any other relationship except that of independent contractors between the parties, and neither party shall have any right, power or authority to create any obligation, express or implied, on behalf of the other in connection with the performance hereunder. |
| 12. | Assignment |
| This Agreement may not be transferred or assigned by either party without the prior written consent of the other party. |
| 13. | Entire Agreement |
| This Agreement constitutes the entire agreement and understanding between the Provider and the Client with respect to the subject matter of this Agreement. |
| 14. | Counterpart |
| This Agreement is made in duplicate, each of which shall be an original and held by each party, but all counterparts shall together constitute one and the same instrument. |
| SIGNATURE PAGE FOLLOWS |
| IN WITNESS WHEREOF, this Agreement has been executed as of the day and year first above-mentioned. |
| PROVIDER:_____________________ | CLIENT:_____________________ | |||
| VASTRESULT INC. | COMPANY NAME:_____________________ | |||
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________________________________________ Name: BDM Name Title: Business Development Manager – Assigned |
________________________________________ Name: Director’s Name Title: Director |
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Name: Sales Director Name
Title: Sales Director