DEFINITIONS
“Service Provider” refers to THP Shop, a company registered in England and Wales.
“Client” refers to the individual or entity entering into an agreement with the Service Provider.
“Services” refers to the products, deliverables, or work outlined in the project scope.
ENGAGEMENT
The Client engages the Service Provider to perform the Services specified in the project proposal or agreement.
Any changes to the scope of work must be agreed upon in writing by both parties.
PROJECT MILESTONES
The project will be divided into milestones, with each milestone representing a specific phase or deliverable.
Milestones will be outlined in the project proposal, including timelines and associated costs.
The Client agrees to provide timely feedback and approvals to ensure the project stays on schedule.
The Service Provider will deliver the agreed-upon milestone upon successful completion, and the Client will have [X] business days to review and provide feedback.
PAYMENT TERMS
The Client agrees to pay the Service Provider according to the payment schedule outlined in the project proposal.
Invoices will be sent to the Client upon successful completion of each milestone, and payment is due within [X] days of receipt.
Late payments may be subject to interest charges in accordance with the Late Payment of Commercial Debts (Interest) Act 1998.
TERMINATION
Either party may terminate the agreement with written notice if the other party breaches any material term of the agreement.
In the event of termination, the Client agrees to pay for Services rendered up to the termination date.
INTELLECTUAL PROPERTY
The Service Provider retains ownership of all intellectual property developed or used in the course of providing the Services.
Upon full payment, the Client will receive a license to use the deliverables for the intended purpose outlined in the project proposal.
CONFIDENTIALITY
Both parties agree to keep confidential any information received from the other party during the term of the agreement.
LIABILITY
The Service Provider’s liability is limited to the fees paid by the Client for the specific Services causing the liability.
GOVERNING LAW
This agreement shall be governed by and construed in accordance with the laws of England and Wales.
DISPUTE RESOLUTION
Any disputes arising from this agreement will be resolved through arbitration in accordance with the Arbitration Act 1996.
MISCELLANEOUS
This agreement constitutes the entire understanding between the parties and supersedes any prior agreements.
No amendment or modification to this agreement is valid unless made in writing and signed by both parties.
IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the Effective Date.
THP Shop
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Date: 20 November 2023
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Date: _________________________
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