SERVICE CONTRACT

SERVICE CONTRACT

This Service Agreement (“Agreement”) is made by and between ALPHA CAPITAL LLC (“Company”) located at (Street Address, City, State) AND RIMAR CAPITAL (“Client”) located at (Street Address, City, and State). This Agreement will become effective on _________________ (“Effective Date”)

  • SERVICES

We agree to perform the services (“Services”) listed in this Section. The parties acknowledge that their obligations, according to this Agreement, serve as good and valuable consideration for this Agreement.

Services

  1. We will come up with trading systems and strategies
  2. We will aid Rimar Capital with Machine Learning and Deep Learning
  • COMPENSATION

In consideration of the Services rendered, Rimar Capital shall refund the following amount: 50 % from the 15% of the profits made by Clients managed by Rimar Capital.

  • EXPENSES

Rimar Capital will reimburse us for any reasonable and necessary expenses (not including our daily rates) to provide the Services. Rimar Capital must pre-approve all expenses.

  • PAYMENT

Payments must be paid every 30 calendar days after receiving them. Check payments must be made to _______________. At all times, Rimar Capital shall keep a clear record that will be available for scrutiny by Alpha Capital.

  • TERM 

The term of this Agreement is ________ months from the Effective Date unless terminated earlier for other reasons available in this Agreement.

  • TERMINATION

This Agreement will terminate when all parties have fulfilled their obligations. If the either party wishes to terminate the agreement before expiry of the term, he/she will serve 4 months (120) day notice to other party stating reason for termination.

  • INTELLECTUAL PROPERTY

Rimar Capital and Alpha Capital agree that the rights to the Intellectual Property developed and owned by Alpha Capital are his own. Before making improvements or enhancements to the Product Design, Rimar Capital should obtain prior written consent from Alpha Capital. Any and all Intellectual Property Rights shall belong to Alpha Capital regardless if new or jointly created.

  • RELATIONSHIP OF THE PARTIES
  1. No Exclusivity. The Parties understand that this Agreement is not exclusive. The Parties agree that they are free to enter into other similar agreements with other parties.
  2. Independent Contractors. The Parties to this Agreement are an independent contractor, which means there are no strings attached. Neither Party is an agent, representative, partner, or employee of the Other Party.
  • WAIVER

Neither Party can waive any provision of this Agreement, or any rights or obligations under this Agreement, unless agreed to in writing by the Parties. If any provision, right, or obligation is waived, it’s only waived to the extent agreed to in writing.

  • INDEMNIFICATION

Rimar Capital agrees to indemnify and hold Alpha Capital harmless against any and all liabilities, including judgments, costs, damages, injuries, obligations, penalties and reasonable attorney fees of whatsoever kind and nature imposed on, asserted against or incurred by any of the indemnities in any way relating to or arising out of this Agreement.

  • AMENDMENTS

This Agreement may be modified as needed. To modify, the Parties agree to the modification in writing (an “Amendment”). The terms of this Agreement will apply to any Amendment the Parties make.

  • ASSIGNMENT

The Parties may not assign the responsibilities they have under this Agreement to anyone else unless both Parties agree to the writing assignment.

  • DISPUTE RESOLUTION

Any dispute arising from rights and obligations under this Agreement will be solved through mediation. The Parties agree to surrender to the jurisdiction of __________________ Courts if the dispute is not solved through mediation.

  • ENTIRE AGREEMENT

This Agreement puts the Parties’ entire understanding of the Services to be performed, and anything else the Parties have agreed to in black and white. This Agreement supersedes any other written or oral communications between the Parties.

  • SEVERABILITY

If any section of this Agreement is invalid, illegal, or unenforceable, the rest of this Agreement will suffice.

  • GOVERNING LAW

The Agreement shall be governed and construed per the internal laws of ________________ without giving effect to any choice or conflict of law provisions or rule.

IN WITNESS WHEREOF, the parties have executed this Agreement on the day and year first written above.

 _________________________ ____________________________

Rimar Capital stamp Alpha Capital Stamp

At Legal writing experts, we would be happy to assist in preparing any legal document you need. We are international lawyers and attorneys with significant experience in legal drafting, Commercial-Corporate practice and consulting. In the last few years, we have successfully undertaken similar assignments for clients from different jurisdictions. If given this opportunity, we will be able to prepare the legal document within the shortest time possible.