- Introduction: These terms and conditions set out the standard terms of business under which Alkimia Ltd (“the Company”) provides consulting and interim management services to its clients (“the Client”).
- Services: The Company will provide consulting and management services as agreed with the Client in writing. The exact nature and scope of these services will be defined in a separate Service Agreement.
- Fees and Payment: The Company’s fees will be as set out in the Service Agreement. Unless otherwise agreed, all fees are due within 15 days of the date of the invoice. If a payment is not received by the due date, a late payment fee of 5% of the overdue invoice amount will be applied, and interest will accrue on the overdue amount at a rate of 1.5% per month. The Company reserves the right to take further action to recover any overdue amounts, as permitted by law.
- Client Responsibilities: The Client agrees to cooperate fully with the Company, to provide all necessary information promptly, and to ensure that all information provided is accurate and complete.
- Confidentiality: Both parties agree to keep confidential all information received from the other party and not to use such information for any purpose other than as necessary for the performance of the services.
- Intellectual Property: Any intellectual property rights in materials produced by the Company in the course of the provision of the services will remain the property of the Company, unless otherwise agreed in writing.
- Limitation of Liability: The Company’s liability to the Client for any loss or damage of any nature whatsoever and howsoever arising shall be limited to the fees paid by the Client for the services. The Company shall not be liable for any indirect or consequential loss or damage.
- Termination: Either party may terminate the agreement for the provision of services upon giving the other party written notice. Unless otherwise specified in the Service Agreement, the standard notice period shall be three months.
- Governing Law and Jurisdiction: These terms and conditions and any dispute arising out of or in connection with them shall be governed by the laws of the United Arab Emirates and the parties agree to submit to the exclusive jurisdiction of the UAE courts.
- Amendments: These terms and conditions may be amended only by written agreement between the parties.
