EMPLOYMENT AGREEMENT.

February 6, 2023

EMPLOYMENT AGREEMENT.

This Employment Agreement (hereinafter referred to as the “Agreement”) is made and entered on this ____ day of _____ 2021 (the “Effective Date”), between Lamayzac Development Limited, Contact Info _____________________________________, (hereinafter referred to as the “Company”), and Monieke Design & Construction, Contact Info __________________________________ (hereinafter referred to as the “Architect”).

NOW THEREOF, in consideration of the mutual covenants and promises made by the Parties hereto, the Parties covenant and agree as follows:

  • TERM.

The initial term of this Agreement shall be for a period ___________ [Weeks/Months/Years] commencing on the Effective Date herein, subject to being renewed for a Five Year Term.

  • OBLIGATIONS.
      1. The Architect shall provide the Company with drawings for the Company’s project, following the instructions given by the Company. The Architect will submit the drawings to the Company within ________ days of signing this Agreement.
      2. The Company shall give the Architect credit for the drawings/project and the Architect’s project.
  • PAYMENT/COMPENSATION.

The Company shall pay Three Million Dollars ($3,000,000) for the services provided by the Architect, One Million Dollars ($1,000,000) on the Effective Date herein, and One Million Dollars ($1,000,000) on submitting the drawings. The Company shall pay Five Hundred Dollars ($500,000) given at the start of the project and Five Hundred Dollars ($500,000) given on its completion.

  • LIABILITY/INDEMNITY
      1. The Architect understands the occupational risks involved with the work covered under this Agreement and shall ensure to have an insurance cover for any eventualities. The Company shall not be held responsible for any injuries sustained by the Architect and/or any of their employees, associates and subcontractors while they are performing their obligations under this Agreement, provided that such injuries are not as a result of the Company’s negligence. The Architect agrees to defend and indemnify the Company against such issues and liability.
  • WAIVER/ASSIGNMENT.
      1. The waiver by either party of any breach or failure to enforce any of the terms of this Agreement at any time shall not in any way affect, limit, or waive such Party’s right thereafter to enforce and compel strict compliance with every term and condition of this Agreement.
      2. No Party shall assign its rights or obligations under this Agreement without prior Notice or consent by the other Party.
  • DISPUTE RESOLUTION.

In the event of disputes arising about the execution of this Agreement and/or performance of obligations stated herein, the Parties shall solve such issues through a binding mediation or arbitration process to be conducted by a mutually agreed upon 3rd party in accordance with laws of __________________ [State/Country].

  • TERMINATION/CANCELLATION.

Either party has the right to voluntarily terminate this Agreement, provided the other party has given ____________ days/weeks written notice or in lieu of notice. Please note however that the Company reserves the right to summarily terminate/cancel this Agreement in the event that:

  • There is inability to perform satisfactorily the duties assigned. 
  • Failure to provide the drawings that represent the Company’s plan for the project.
  • SEVERABILITY.

If any portion or provision of this Agreement is determined by a court of competent jurisdiction to be invalid or unenforceable, The Parties agree that said portion or provision of the Agreement shall be severable, and that the remaining provisions of the Agreement shall continue in full force and effect.

  • MODIFICATIONS.

This Agreement contains the entire Agreement between the Parties relating to the subject matter hereof and supersedes any and all prior agreements or understandings, written or oral, between the parties related to the subject matter hereof.  No modification of this Agreement shall be valid unless made in writing and signed by both parties hereto.

  • GOVERNING LAW/JURISDICTION.

The Agreement shall be governed by and construed in accordance with the laws of ____________ [State/Country]. Exclusive jurisdiction and venue shall be in ____________ [State/Country].

Each party represents and warrants to the other that such party has acted in good faith, and agrees to continue to so act, in the negotiation, execution, delivery, performance, and any termination of this Agreement.

IN WITNESS WHEREOF, this Agreement has been executed by the parties as of the Effective Date.

COMPANY: ____________   _______________________________________   ___________

                        (SIGNATURE)                  (NAME)                                                    (DATE)

ARCHITECT: _____________    _____________________________________   ___________

                      (SIGNATURE)                      (NAME)                                                     (DATE)

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