SERVICE AGREEMENT

August 30, 2023

SERVICE AGREEMENT
BETWEEN

SFK EURO LIMITED (COMPANY)

AND

FASHION ALLIANCE TRADING (CLIENT)


THIS AGREEMENT is made on the …………. day of………….20……., (hereinafter, “Effective
Date”) entered into by the Company of 176 Wards Road, Ilford, England, IG2 7DY address, Company
Number 08827092, and the Client of Premier 1, Ivy Business Centre, Crown Street, Failsworth,
Manchester, Greater Manchester, England, M35 9BG address and Company Number 12331293.
Company and Client collectively referred to as the “Parties” or individually as the “Party”) and includes
that Party’s successors and assigns.
In consideration of covenants and agreements contained in this agreement, and other good and valuable
consideration, the receipt of which is hereby acknowledged, Parties agree to the following terms and
conditions and to be bound thereby:

  1. TERM
    This agreement shall be valid from the Effective Date until ____________date. This agreement will be
    subject to review of the services and contract sum (commission and retaining fees). Any obligation of the
    Parties shall be performed diligently and per acceptable industry standards
  2. SERVICES
    The Company shall be in charge of bringing in new business to the Client from the United Kingdom
    (UK), United States of America (USA), Europe and other overseas countries. The Company shall set up a
    team in India which team they will be in charge of, and trade exhibitions will also be done.
  3. CONTRACT SUM
    For the services rendered, the Client shall pay the Company:
     3% commission on the sale invoice payable 30 days after the purchase order is received
     £1000 monthly retaining cost payable on the last working day of every month in SFK EURO
    BUSINESS ACCOUNT.
  4. EXPENSES
    Unless otherwise provided, all expenses associated with the Services herein shall be borne by the Client.
    Specifically, the Client shall cover any business expense for business development, and travel expenses
    related to the business shall also be reimbursed.
  5. INDEMNIFICATION
    The Client agrees to indemnify, hold harmless and defend the Company and its directors, officers,
    employees, and agents from and against any incidental, consequential, indirect or special damages, or for
    any loss of profits or business interruptions caused or alleged to have been caused by the performance or
    nonperformance of the services.
  6. TERMINATION
     Fulfillment of the parties’ obligations herein shall constitute termination of this agreement.
     Either Party may terminate this Agreement, upon giving the other Party no less than 30 days’
    notice in writing. If a Party wishes to terminate the contract with less than this stated period, the
    other Party reserves the right to charge costs that they have already paid in advance or incurred.
     This Agreement may be terminated at any time by mutual written agreement of the Parties.
     The termination of this agreement shall not discharge the liabilities accumulated by either Party.
     Any Clauses intended by the Parties or this agreement to survive the termination of this
    agreement shall survive the termination of this agreement by whatever cause.
  7. CONFIDENTIALITY
    All non-public, confidential, or proprietary information of a Party (Disclosing Party), whether disclosed
    orally or disclosed or accessed in written, electronic or other form or media, and whether or not marked,
    designated or otherwise identified as “confidential” in connection with this Contract is confidential, solely
    for the use of performing this Contract and may not be disclosed or copied unless authorized in advance
    by the Disclosing Party in writing. Upon the Disclosing Party’s request, the other Party (Recipient Party)
    shall promptly return all documents and other confidential materials received from Disclosing Party.
    Disclosing Party shall be entitled to injunctive relief for any violation of this Section. This Section does
    not apply to information that is: (a) in the public domain; (b) known to Recipient Party at the time of
    disclosure, or (c) rightfully obtained by Recipient Party on a non-confidential basis from a third party.
  8. ASSIGNMENT AND DELEGATION
    Client shall not transfer or assign this agreement without Company’s consent. However, Company may
    transfer or assign this agreement or subcontract its obligations hereunder at any time without Client’s
    consent.
  9. DISPUTE RESOLUTION
    Parties agree to settle disputes under this Agreement through (select one)
    ☐Negotiation ☐Mediation ☐Arbitration ☐Litigation.
  10. FORCE MAJEURE
    For this Agreement, “Force Majeure” means an event which a diligent party could not have reasonably
    avoided in the circumstances, which is beyond the control of a party and includes, but is not limited to,
    war, riots, civil disorder, earthquake, storm, flood or adverse weather conditions, strikes, lockouts or other
    industrial action, terrorist acts, confiscation or any other action by government agencies. A Party’s failure
    to fulfill its obligations due to Force Majeure shall not be considered a breach of this Agreement,
    provided that the Party has taken all reasonable precautions, due care, reasonable alternative measures,
    and minimal delay all to carry out the terms of this Agreement.
  11. DRAFTING RESPONSIBILITY
    Neither party shall be held to a higher standard than the other party in the interpretation or enforcement of
    this Contract as a whole or any portion hereof based on drafting responsibility.
  12. CHANGES TO THE AGREEMENT
    Either Party may request changes to the agreement, but they will only be effective if agreed in writing,
    and signed by all Parties. If any ambiguity is found in the agreement or various documents forming this
    agreement, the Parties shall issue any necessary clarification or instruction.
  13. NO WAIVER
    A waiver by one Party of any right or benefit provided in this Agreement does not infer or permit a
    further waiver of that right or benefit, nor does it infer or permit a waiver of any other right or benefit
    provided in this Agreement.
  14. SEVERABILITY
    The provisions of this agreement are severable. If any provision is held to be invalid or unenforceable, it
    shall not affect the validity or enforceability of any other provision.
  15. COUNTERPARTS
    This agreement may be executed in any number of counterparts, each of which shall be deemed to be an
    original and all of which taken together shall constitute one instrument.
  16. ENTIRE AGREEMENT
    This agreement constitutes the entire agreement between the parties. It supersedes all prior oral or written
    agreements or understandings between the Parties concerning the subject matter of this agreement. All

documents annexed to this agreement shall be subject to the terms under this agreement, provided that the
Parties append their signatures on the documents. The Parties will exercise utmost good faith in this
agreement.

  1. HEADINGS
    The article and section headings in this agreement are for convenience; they form in no part of this
    agreement and shall not affect its interpretation.
  2. PRONOUNS
    All pronouns and any variations thereof shall be deemed to refer to the masculine, feminine, neuter,
    singular, or plural, as the identity of the person or entity may require. As used in this agreement: words of
    the masculine gender shall mean and include corresponding neuter words or words of the feminine
    gender, and words in the singular shall mean and include the plural and vice versa.
  3. NOTICES
    Any notice required to be given between the Parties pursuant to the provisions of this Agreement shall be
    in writing and shall be deemed duly given:
    (i) if delivered by hand and receipted for by the party addressee, on the date of such receipt,
    (ii) (ii) if mailed by domestic certified or registered mail with postage prepaid, on the third
    business day after the date postmarked, or
    (iii) sent by email.
    at the above-mentioned addresses or such changed address as the Party shall have specified by written
    notice, provided that any notice of change of address shall be effective only upon actual receipt. Any
    notice delivered by email shall request a receipt thereof confirmed by email or in writing by the recipient,
    and the effective date of such notice shall be the date of receipt, provided such receipt has been confirmed
    by the recipient.
  4. GOVERNING LAW
    This Agreement shall be governed in all respects by the laws of the Company’s jurisdiction, and its
    Courts without regard to its conflict of law provisions.
    IN WITNESS WHEREOF, each of the Parties has executed this agreement, as of the day and year set
    forth below.
    Signed by the duly authorized representative of
    the COMPANY

Signature: ………………………………………
Name: Faizan Khan
Designation: Director
Date: …………………………………………….

Signed by the duly authorized representative of
the CLIENT

Signature: ……………………………………
Name: …………………………………………
Designation…………………………………..
Date: …………………………………………….

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