SERVICE AGREEMENT
This Service Agreement is effective as of __________ and is entered into by and
between ___________________ (“Game Developer”) and
______________ (“Client”). Individually referred to as “Party” and collectively
referred to as “Parties”. The Parties intend to be legally bound as follows:
- SCOPE OF SERVICES
The Game Developer provides the following services: In Game advertisement and sponsorship
services for World Advertising and Sponsorships. Sponsors or Advertisers will submit their
materials within 48 hours of contract execution. Sponsors are limited to 2% in-game capacity
and advertisements are limited to 1% in game capacity. - COMPENSATION
In consideration of the Services provided to the Client by the Game Developer, the Client will
reimburse the Game Developer as follows:
Total Cost for the services: ____________
Deposit amount: _________. The deposit amount is non-refundable should be
Client opt to cancel the services before completion of the work or contract another Game
Developer.
Amount Due at Completion: _______
Discount: For NFT holders, the following discount will apply: ____
Expenses: The Client may also refund the Game Developer for any additional expenses
incurred while rendering services. However, the expenses must be pre-approved.
Payment mode: The Game Developer can be paid through the following payment modes:
- TERM
The term of this Agreement will commence on ___________ and remain
effective for _ months - TERMINATION
This Agreement will terminate when all parties have fulfilled their obligations. If the Client
intends to terminate this Agreement, the Client will notify the Game Developer promptly. This
Agreement may be terminate by non-payment, illegal activity and failure to deliver materials. - CONFIDENTIALITY
The parties may provide each other with confidential information and trade secrets, including
without limitation, information on their respective organization, business, finances, personnel,
services, systems, pricing, structure, proprietary products and processes, transactions and/or
business relations (collectively, the “Information”). The term “Information” shall not include (i)
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information generally available to the public through no fault of the other Party, (ii) information
which the other Party already had knowledge of, or (iii) information which has become part of
the public domain through no fault of the other Party. Each Party agrees to retain in confidence
at all times and to require its employees, consultants, professional representatives and agents
to retain in confidence all information disclosed by the other Party. Each Party shall only use the
other’s information solely for the purpose of performing obligations under this Agreement, and
only disclose the Confidential Information on a need-to-know basis. Each party shall take all
necessary precautions in handling the Confidential Information of the other party and limit
disclosures on a strict need-to-know basis. Further, the receiving Party may disclose information
to the extent ordered to be disclosed by subpoena, other legal process or requirement of law,
after first giving the disclosing Party a reasonable opportunity to contest such disclosure
requirement.
Each Party acknowledges and agrees that any use or disclosure of Confidential Information by
the Party in a manner inconsistent with the provisions of this Agreement may cause another
Party harm which will not be compensable by monetary damages alone and, accordingly, such
other Party will, in addition to other available legal or equitable remedies, be entitled to seen an
immediate injunction restraining the disclosing Party from committing or continuing to commit a
breach. A Party may avail itself of injunctive relief in addition and without prejudice to any other
remedies available to it.
- INDEPENDENT CONTRACTOR
The Parties to this Agreement are independent contractors. Neither Party is an agent,
representative, or partner of the other Party. Neither Party shall have any right, power or
authority to enter into any agreement for or on behalf of, or incur any obligation or liability of, or
to otherwise bind, the other Party. This Agreement shall not be interpreted or construed to
create an association, joint venture, partnership, franchise, sales, representative or employment
relationship between the Parties or to impose any partnership obligation or liability upon either
Party. Each Party shall bear its own costs and expenses in performing this Agreement. - FORCE MAJEURE
Notwithstanding anything to the contrary contained herein, the Game Developer shall not be
held liable for failures in performance resulting from acts beyond its reasonable control,
including, without limitation, technological failures, loss of data due to power failures or
mechanical difficulties. - INDEMNITY
The Client agrees to indemnify and hold harmless the Game Developer against any and all
claims, actions, damages, suits, liabilities, obligations, costs, fees, charges and any other
expenses whatsoever, including reasonable attorney’s fees and costs. - DISPUTE RESOLUTION
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Any disputes arising between the Parties will be solved in good faith through arbitration.
- GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the laws of the State of
Georgia without reference to conflicts of laws or choices of law rules. - ENTIRE AGREEMENT
This Agreement constitutes the entire understanding and agreement between the Parties with
respect to the transactions contemplated, and supersedes any and all prior or contemporaneous
oral or written representation, understanding, agreement or communication between the Parties
concerning the subject matter hereof. Neither Party is relying upon any warranties,
representation, assurances, nor inducements not expressly set forth herein.
IN WITNESS WHEREOF, the Parties execute this Agreement as follows:
Name: ___________
Signature: __________
Name: ___________
Signature: __________
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