E-COMMERCE CONTRACT
This Contract is made on this _____ day of ___________ 2022 between _______________ (hereinafter referred to as the “Client”) and Marsic Marketing LTD, a private limited company (hereinafter referred to as the “Marketing Agency”). Together referred to as “parties”.
- Investment.
The Client herein agrees to invest ________ to the Marketing Agency for the services to be provided.
- Return.
The Client will have a right to its return after six months from the investment date. The Marketing Agency does not guarantee a total return, and the Client bears the investment risk.
The projected profit per product is 15-30%.
- The Project.
The Client is hiring the Marketing Agency to do the following:
- E-commerce business partnership where after paying all the cost of marketing, Facebook, Instagram, TikTok ads, and all the other costs such as costs of products, Shopify website, and others, they split revenue between it and Divine Global in percentage 70/30;
- 70% of the revenue is for the Marketing Agency
- 30% of the revenue is for __________________
- The Schedule.
The Marketing Agency will begin work on January 01. 2022 and will continue unless otherwise terminated. This Contract can be ended by either the Client or the Marketing Agency at any time, pursuant to the terms of clause 12.
- The Payment.
The Client will pay the Marketing Agency a fee of €___(EUR) for entry the cooperation with it.
The Marketing Agency agrees that it is not entitled to any further fees from the Client in relation to this Project unless otherwise agreed in writing by the Client.
- Expenses.
The Client agrees to reimburse the Marketing Agency’s expenses. The parties agree that the expenses do not need to be pre-approved by the Client.
- Invoices.
The Marketing Agency will provide an invoice to the Client at the end of the Project. The Client agrees to pay the amount owed within 15 days of receiving the invoice.
The Marketing Agency shall be entitled to charge, and the Client shall pay interest on any unpaid amount from the due date until payment is received at a rate of 0.0% per month on the outstanding amount.
- Financials.
The Client has the right to request the Marketing Agency’s accounts and look into Shopify to see where the money is spent, where it comes from, and how many sales have been made.
The request shall be made within a reasonable time, and the Marketing Agency has an obligation to provide whatever is needed by the Client.
The Marketing Agency is obligated to share a report with the Client at least 2 to 3 times a month.
- Support.
The Marketing Agency shall provide all the support needed, such as copywriters, advertisers, video editors, customer support, marketing strategy, scaling of business, finding new products, testing new products, creating a website, upgrading website, and opening a company.
- Ownership and Licenses.
The Client continues to own any and all proprietary information it shares with the Marketing Agency during the term of this Agreement for the Project.
The Marketing Agency has no rights to this proprietary information and may not use it except to complete the Services.
Upon completing the Agreement, the Client will own the final marketing services.
While the Marketing Agency will customize the Client’s marketing materials to the Client’s specifications, the Client recognizes that marketing materials generally have a standard structure and basis.
The Marketing Agency continues to own any and all template designs it may have created prior to this Agreement.
The Marketing Agency will further own any template designs it may create as a result of this Agreement.
- Limitation of liability.
UNDER NO CIRCUMSTANCES SHALL EITHER PARTY BE LIABLE TO THE OTHER PARTY OR ANY THIRD PARTY FOR ANY DAMAGES RESULTING FROM ANY PART OF THIS AGREEMENT SUCH AS, BUT NOT LIMITED TO, LOSS OF REVENUE OR ANTICIPATED PROFIT OR LOST BUSINESS, COSTS OF DELAY OR FAILURE OF DELIVERY, WHICH ARE NOT RELATED TO OR THE DIRECT RESULT OF A PARTY’S NEGLIGENCE OR BREACH.
- Termination.
Either party to this Agreement may terminate the terms herein by issuing a _____ days written notice to the other party.
Upon termination, the Client must comply with the terms of the Contract for at least a year, and thereafter they can withdraw the remaining money. Still, the parties agree the Marketing Agency is not responsible for the money spent on testing.
- Acts of God.
If an act of God occurs, which includes but is not limited to war, accident, company failure, or death of a Marketing Agency member, the parties agree that the customer shall take over his store.
- Entire Agreement.
The Parties acknowledge and agree that this Agreement represents the entire agreement between the Parties.
- Modification.
If the Parties desire to change, add, or otherwise modify any terms, they shall do so in writing to be signed by both parties.
The Parties agree to the terms and conditions set forth above as demonstrated by their signatures, as follows:
THE CLIENT
Signed: _____________________________________
Name: _____________________________________
Date: _____________________________________
THE MARKETING AGENCY
Signed: _____________________________________
Name: _____________________________________
Date: _____________________________________
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