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This Consultancy Agreement (“Agreement”) is made on * (Hereinafter referred to as

“Effective date”)

BETWEEN:

1. Central, a limited liability company incorporated under the laws of *, having its
registered office at * (Hereinafter referred to as the “Company”); and

2. Mark, ID : *; * (Hereinafter referred to as the “Consultant”)

Hereinafter Company and Consultant shall be individually referred to as a “Party” or


collectively as the “Parties”.

WHEREAS:

a. The Company is in the business of Manufacture of Pharmaceutical Intermediates and


Fine Chemicals for Human Use;

b. The Consultant has expertise in the area of [molecule evaluation systems and
equipment];

c. The Company desires to engage the Consultant to provide certain services in the
area of expertise of the Consultant and the Consultant is willing to provide such
services to the Company.

THEREFORE, the Parties hereby agree as follows:

1. Engagement of Services
a. Engagement.
The Company hereby engages the Consultant to be part of the research and
development team including but not limited to assist Professor* to create a new
diagnostic and molecule evaluation systems and equipment, for the avoidance of
doubt, the Consultant shall also require to advise Professor* about the
operations systems and the optimal methods to use so as to achieve the most
desired outcomes (the “Services”).

b. Standard of Services.
All services to be provided by the Consultant shall be performed with
promptness and diligence in a workman like manner and at a level of proficiency
to be expected.
c. Representation and Warranty.
The Consultant represents and warrants to the Company that he is under no
contractual or other restrictions or obligations which are inconsistent with the
execution of this Agreement or which will interfere with the performance of the
Services.

d. Reports.
Any reports or analysis resulting from this Agreement shall belong to the
Company.

2. Consultancy period
a. Commencement
The Agreement shall commence on the Effective date and shall remain in effect until
further notice.

b. Termination
The Agreement may be terminated by the Company without cause and without
liability to the Consultant, by giving one (1) month written notice.

c. Effect of Termination
Upon the effective date of termination of this Agreement, all legal obligations, rights
and duties arising out of this Agreement shall terminate except for such legal
obligations, rights, and duties as shall have accrued prior to the effective date of
termination and except as otherwise expressly provided in the Agreement.

3. Consultancy fees
In consideration of the scope of Services to be rendered hereunder, the Company shall
pay a consultancy fee of Five Thousand Australia Dollar only (AUD5,000) per month.
Payment will be done through internet transfer on 25th of every month.

4. Consultant’s expenses
The Company will be responsible for all the Consultant’s travel expenses which include
air ticket and hotel accommodation, documented and reasonably incurred, if is
required to travel for business purposes.

5. Force Majeure
Either Party shall be excused from any delay or failure in performance required
hereunder if caused by reason of any occurrence or contingency beyond its reasonable
control, including, but not limited to, acts of God, acts of war, fire, insurrection, strikes,
lock-out or other serious labour disputes, riots, earthquakes, floods, explosions or other
acts of nature.

6. Liquidated Damages
In case any error or variation is detected in the reports/ Services submitted or
performed by the Consultant and such error or variation is the result of negligence or
lack of due diligence on the part of the Consultant, the consequential damages thereof
shall be quantified by the Company in a reasonable manner and recovered from the
Consultant by way of deemed liquidated damages, subject to a maximum of the
Agreement value for the period of Services.

7. No Assignment
The Consultant shall not transfer or assign any of its rights, obligations or benefits
hereunder to any person save with the prior consent in writing of the Company.

8. Non-Party
Any party who is not a party in this Agreement shall have no right to its right under this
Agreement

9. Governing Law and Dispute Resolution


This Agreement shall in all respects be governed by and construed in accordance with
the laws of the Republic of Singapore, without regard to its conflict of laws principles.
Any dispute arising in connection with the interpretation or performance of this
Agreement shall be settled by an amicable solution. If no amicable solution can be
reached, the Parties hereby irrevocably agree that any disputes that might occur will be
settled by the Singapore International Arbitration Centre (“SIAC”) in accordance with
the SIAC arbitration rules. The arbitral tribunal shall consist of one arbitrator to be
appointed by Chairman of the SIAC. The language of the arbitration shall be in English.

10. Non-Publicity
The Consultant agrees not to disclose the existence or contents of this Agreement to
any third party without the prior written consent of the Company except: (i) to its
advisors, attorneys or auditors who have a need to know such information, (ii) as
required by law or court order, (iii) as required in connection with the reorganization of
a Party, or its merger into any other corporation, or the sale by a Party of all or
substantially all of its properties or assets, or (iv) as may be required in connection with
the enforcement of this Agreement.

In witness whereof, each of the Parties have caused this Agreement to be executed in 2
(two) copies of which shall be deemed to be originals as of the day and year first above
written.

Central For and on behalf of Consultant

(*) Mr Mark
(*) (Consultant)

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