Label,Text | |
Termination,"Either party may terminate this agreement with thirty (30) days' written notice." | |
Termination,"This contract is subject to termination upon breach of any condition by either party." | |
Confidentiality,"The employee shall maintain confidentiality of all proprietary information during and after the tenure of employment." | |
Confidentiality,"Confidential information shall not be disclosed without prior written consent." | |
IP_Ownership,"All intellectual property developed during the course of this agreement shall belong solely to the employer." | |
Arbitration_Dispute,"All disputes arising out of this agreement shall be settled through arbitration in accordance with Indian laws." | |
Payment_Penalty,"Payments shall be made within 30 days of receipt of a valid invoice." | |
Payment_Penalty,"A late fee of 2% per month will be charged for overdue payments." | |
Arbitration_Dispute,"This Agreement shall be governed by and construed in accordance with the laws of India." | |
Indemnification,"The vendor agrees to indemnify and hold harmless the client against any claims arising from breach of contract." | |
Force_Majeure,"Neither party shall be liable for failure to perform due to causes beyond their reasonable control, including acts of God, war, or natural disaster." | |
Assignment,"Neither party may assign or transfer this agreement without prior written consent of the other party." | |
Employment_Conditions,"The employee agrees not to engage in any business that competes with the employer for a period of one year after termination." | |
Administrative_Governance,"All notices must be in writing and sent by registered mail to the official address provided." | |
Warranty,"The service provider warrants that all services shall be performed in a professional and workmanlike manner." | |
Liability,"The company's total liability under this agreement shall not exceed the amount paid by the client in the last 12 months." | |