Terms And Conditions

THE MASTERMIND ALLIANCE INC. TERMS AND CONDITIONS FOR CONSULTANCY SERVICES

These Terms and Conditions shall apply to all consultancy services proposed or provided by The Mastermind Alliance Inc., which are delivered entirely or partially to the Client.

DEFINITIONS In these General Terms and Conditions, the following definitions are applicable:
“Client” means the organization or company with whom the Contract is entered into; “Confidential Information” means any information related to the Engagement disclosed by the Client to The Mastermind Alliance Inc. and by The Mastermind Alliance Inc. to the Client, respectively, either directly or indirectly. Confidential Information may include, by way of example but without limitation, products, specifications, formulae, equipment, formulas, models, employee interviews, records, quality monitoring schemes/programs, training materials, business strategies, customer lists, know-how, drawings, pricing information, inventions, ideas, and other information, or its potential use, that is owned by or in possession of the Client and The Mastermind Alliance Inc., respectively.

means the user of these Terms and Conditions aka The Mastermind Alliance Inc.

“The Engagement” means any agreement, in whatever form, reached between The Mastermind Alliance Inc. and the Client pursuant to which The Mastermind Alliance Inc. agrees to render services to the Client in exchange for a fee plus costs.

“Force Majeure” means any cause beyond the reasonable control of the affected party, including, but not limited to, any act of God, war, riots, acts of the public enemy, fires, strikes, labor disputes, accidents, or any act in consequence of compliance with any order of any government or governmental authority.

means the services to be provided by The Mastermind Alliance Inc. to the Client as specified in the Purchase Order.

“Purchase Order” means the document (i) setting out the services to be provided by The Mastermind Alliance Inc. to the Client and (ii) listing any documents and the like to be provided by the Client to The Mastermind Alliance Inc. such that The Mastermind Alliance Inc. may perform the Project.

means either an affiliate or subsidiary of The Mastermind Alliance Inc., or an independent contractor, respectively, which is qualified to perform the applicable services as contemplated by the Engagement and the Contract, and has been contracted by The Mastermind Alliance Inc., accordingly, as evidenced by an agreement in writing.

2. GENERAL

These General Terms and Conditions govern the provision of all services from or on behalf of The Mastermind Alliance Inc. to the Client and apply to all legal relationships between The Mastermind Alliance Inc. and the Client.

These General Terms and Conditions supersede all prior oral and written quotations, communications, agreements, and understandings of the parties and shall apply in preference to and supersede all terms and conditions of any order placed by the Client and any other terms and conditions submitted by the Client. Failure of The Mastermind Alliance Inc. to object to terms and conditions set by the Client shall in no event be construed as an acceptance of any terms and conditions of the Client. Neither The Mastermind Alliance Inc.’s commencement of performance nor The Mastermind Alliance Inc.’s delivery of services shall be deemed or constituted as acceptance of any of the Client’s terms and conditions. Any communication or conduct of the Client which confirms an agreement for the provision of services by The Mastermind Alliance Inc., as well as acceptance by the Client of any provision of services from The Mastermind Alliance Inc. shall constitute an unqualified acceptance by the Client of these General Terms and Conditions.

By contracting based on these General Terms and Conditions, the Client agrees to the applicability thereof in respect of future agreements between itself and The Mastermind Alliance Inc., even if this is not expressly stated.

3. PERFORMANCE OF THE PROJECT

The Mastermind Alliance Inc. shall determine the manner in which and the person by whom the Engagement will be carried out, taking into account, as far as is feasible, the reasonable requests expressed by the Client.

The Mastermind Alliance Inc. shall complete the Project with reasonable skill, care, and diligence in accordance with the Contract.

The Client hereby accepts that the time schedule allocated for the performance of an Engagement may be subject to change in case of amendment to the Engagement and/or the services to be provided thereunder after conclusion of the Engagement.

In case of any change of circumstances under which the Engagement is to be performed which cannot be attributed to The Mastermind Alliance Inc., The Mastermind Alliance Inc. may make any such amendments to the Engagement as it deems necessary to adhere to the agreed quality standard and specifications. Any costs arising from or related to this change of circumstances will be fully borne by the client.

The Mastermind Alliance Inc. may, at its discretion and, where possible, in consultation with the Client, replace the person or persons charged with performing the Engagement, if and in so far as The Mastermind Alliance Inc. believes that such replacement would benefit the performance of the Engagement.

The Mastermind Alliance Inc. shall provide the Client with such reports of his work on the Project at such intervals and in such form as the Client may from time to time require. The Client has the right to notify The Mastermind Alliance Inc. that it wishes to modify its requirements in relation to the Project. Such modifications shall not enter effect until the parties have agreed on the consequences thereof such as to the Contract fee and the completion date of the Project.

4.SUBCONTRACTORS

The Mastermind Alliance Inc. shall be free to involve Subcontractors, availing of specific expertise, in the performance of the Project, provided that The Mastermind Alliance Inc. shall have these third parties enter confidentiality obligations similar to the confidentiality obligations applicable to The Mastermind Alliance Inc. If requested by the Client, The Mastermind Alliance Inc. shall identify these Subcontractors, specifying in each case their specific expertise.

5. CLIENT’S OBLIGATION

The Client shall at all times duly make available to The Mastermind Alliance Inc. all information and documents that The Mastermind Alliance Inc. deems necessary to be able to carry out the Engagement correctly, in the specified form and manner. Also, the Client shall provide all cooperation required for the proper and timely performance of the Engagement.

The Client guarantees that Consultant’s employees can at all times work under safe conditions, in accordance with the relevant health and safety regulations and environmental rules and shall indemnify and hold harmless The Mastermind Alliance Inc. against all loss, expense or damage arising from or relating to this guaranty by the Client.

The Client shall duly inform The Mastermind Alliance Inc. of any facts and circumstances that may be relevant in connection with the execution of the Engagement.

Furthermore, the Client shall guarantee the correctness, completeness and reliability of any information provided to The Mastermind Alliance Inc.

6. FEES AND EXPENSES

The Client shall pay to The Mastermind Alliance Inc. fees at the rate specified in the Purchase Order.

Unless otherwise stated in the Contract, The Mastermind Alliance Inc. shall be entitled to be reimbursed by the Client for all traveling and lodging expenses reasonably and properly incurred by him in the performance of his duties hereunder subject to production of such evidence thereof as the Client may reasonably require.

Unless otherwise stated in the Contract, payment will be made within thirty (30) days of receipt of an invoice, submitted monthly in arrears, for work completed. Payment shall be into the bank account mentioned in the invoice.

Value Added Tax, where applicable, shall be shown separately on all invoices.

Any extra costs arising from or related to any delays in the completion of the Engagement stemming from the failure of the Client to duly make available to The Mastermind Alliance Inc. the requested information and documentation, shall be fully borne by the Client.

7. INTELLECTUAL PROPERTY

All results generated by The Mastermind Alliance Inc. in the Project, including reports, other documents, and materials, shall become the property of the Client. The Mastermind Alliance Inc. shall provide all reasonable assistance such that the Client may apply for patents, copyrights, and other intellectual property rights in respect of these results.

8. CONFIDENTIALITY

The Mastermind Alliance Inc. shall keep secret and not disclose and shall procure that his employees keep secret and not disclose any Confidential Information obtained by him during the performance of the Project. The foregoing shall not apply to information which (i) is or becomes part of the public domain without fault on the part of The Mastermind Alliance Inc.; (ii) was already known by The Mastermind Alliance Inc., other than under an obligation of confidentiality, at the time of disclosure by the Client; (iii) is lawfully acquired by The Mastermind Alliance Inc. from a third party on a non-confidential basis; or (iv) The Mastermind Alliance Inc. is required to disclose pursuant to any law, lawful governmental, quasi-governmental or judicial order.

Except with the prior written permission of The Mastermind Alliance Inc., the Client shall not publish or otherwise make available the contents of proposals, reports, presentations, memos, or other communications by The Mastermind Alliance Inc., unless these have been provided with the intention of providing third parties with the information set out therein. Furthermore, the Client shall not disclose any of The Mastermind Alliance Inc.’s methods and work strategies without The Mastermind Alliance Inc.’s written permission.

The provisions of this Article 8 shall apply during the term of the Contract and for a period of three (3) years thereafter.

9. WARRANTIES, LIABILITY, AND INDEMNIFICATION

The Mastermind Alliance Inc., and any person put forward by The Mastermind Alliance Inc. to perform the Project, shall not be liable if the services provided or the results generated by him in the Project are not absolutely correct, nor does The Mastermind Alliance Inc., or any person put forward by The Mastermind Alliance Inc. to perform the Project, warrant, either expressed or implied, that the performance by him of the Project will not infringe upon intellectual property rights of any third party.

The Mastermind Alliance Inc., nor any person put forward by The Mastermind Alliance Inc. to perform the Project, shall not be responsible for any loss, destruction or damage of whatsoever nature (including injury or death) incurred by the Client, its employees or third parties, resulting from the use of the Project results by the Client, except to the extent that the same can be shown to be due to gross negligence or willful misconduct on the part of The Mastermind Alliance Inc. or his employees. The Client shall indemnify The Mastermind Alliance Inc. accordingly.

The Client shall not be responsible for any loss, destruction, or damage of whatsoever nature (including injury or death) incurred by The Mastermind Alliance Inc., its employees or third parties, related to the performance by The Mastermind Alliance Inc. of the Project, except to the extent that the same can be shown to be due to gross negligence or willful misconduct on the part of the Client or its employees. The Mastermind Alliance Inc. shall indemnify the Client accordingly.

Should a party be deemed liable to the other party, by way of indemnity or by reason of breach of contract or otherwise, The Mastermind Alliance Inc.’s liability shall in aggregate not exceed the price for the Project. In any event, neither party shall be liable to the other party for any consequential, indirect, special, incidental, or exemplary damages of any nature whatsoever that may be suffered by the other party.

10. TERM AND TERMINATION

Any times or dates set forth in the Contract for provision or completion by The Mastermind Alliance Inc. of the services under the Project are estimates only and shall never be considered of the essence. Furthermore, the parties hereby acknowledge that the time schedule set out for the performance of the Engagement may change during said performance. In no event shall The Mastermind Alliance Inc. be liable for any delay in providing these services.

Either party may terminate the Contract by notice in writing forthwith in the event the other party: (i) is in default with respect to any material term or condition to be undertaken by it in accordance with the Engagement and / or the provisions of the Contract, and such default continues unremedied for a period of thirty (30) days after written notice thereof by the aggrieved party to the defaulting party; (ii) is affected by a Force Majeure which cannot be removed, overcome or abated within three (3) months; or (iii) shall make any assignment for the benefit of creditors or shall file any petition in connection thereto, shall file a voluntary petition in bankruptcy, be adjudicated bankrupt or insolvent, if any receiver is appointed for its business or property, or if any trustee in bankruptcy or insolvency shall be appointed for that party (and is not dismissed within sixty (60) days after appointment).

If the Client issues a termination notice, the Client shall be obliged to pay The Mastermind Alliance Inc. a compensation equal to the agreed fees apportioned to the services already rendered by The Mastermind Alliance Inc., plus any additional costs incurred by The Mastermind Alliance Inc. because of said early termination.

In case The Mastermind Alliance Inc. cannot be reasonably expected to complete the works due to unforeseen circumstances, The Mastermind Alliance Inc. may unilaterally terminate the Contract and the Engagement. The Client shall be liable for payment of an amount corresponding to the fees due for services already performed, while being entitled to receive the (preliminary) results of the services already performed, without the Client being entitled to derive any rights therefrom.

11. INDEPENDANCY

The Mastermind Alliance Inc. shall perform the Contract as an independent contractor and shall not be the servant or agent of the Client.

12. NOTICES

Any notice given under or pursuant to the Contract shall be given in writing and shall be given by mail, registered mail or by facsimile transmission to the other party at the addresses mentioned in the Purchase Order, or to such other address as a party may by notice to the other have substituted, therefore. Any such notice shall be deemed to have been received on the second (2nd) business day following the date of its mailing if sent by (registered) mail within The Netherlands, on the seventh (7th) business day following the date of its mailing if sent by (registered) mail outside The Netherlands or on the next business day immediately following the date of transmission if sent by facsimile transmission.

13. OBSERVANCE OF LEGAL REQUIREMENTS

The Mastermind Alliance Inc. shall carry out his obligations under the Contract in a manner that conforms to relevant legal requirements.

Without prejudice to the generality of Article 13.1, in carrying out his obligations under the Contract The Mastermind Alliance Inc. shall comply with relevant requirements contained in or having effect under current legislation relating to health, safety and welfare at work.

14. GOVERNING LAW AND JURISDICTION

All disputes which cannot be settled amicably shall be referred to the applicable courts in the state of Georgia, and the party’s consent to the jurisdiction of the courts there.

The Contract is governed by and interpreted in accordance with the laws of the state of Georgia.

15. FORCE MAJEURE

Neither party shall be liable in any way for any damage, loss, cost, or expense arising out of or in connection with a Force Majeure event. Upon the occurrence of any Force Majeure event, the party suffering thereby shall promptly inform the other party by written notice thereof specifying the cause of the Force Majeure event and how it will affect its performance.