You are on page 1of 4

SHORE teams

Keurenplein 41 (A6789)
1069 CD Amsterdam
The Netherlands

+31 85 130 6789


info@shoreteams.com
shoreteams.com

Bank: NL79 KNAB 0723 3168 13


BTW/VAT: NL854929927B01
KvK/CC: 62717634

Addendum A (Silver)
to
Information Technology (IT)
Development Partner Services
Agreement
Addendum A (Silver)
to
Information Technology (IT) Partner Services Agreement

This Addendum A to Information Technology (IT) Partner Services Agreement (the “Addendum”) by and
between:

- Inventief IT B.V. doing business as SHORE teams, a company governed by the laws of The Netherlands,
with registration number 62717634, having its registered office located at Keurenplein 41 (A6789), 1069 CD,
The Netherlands, and duly represented by Mr. Sander Dales in his capacity as Chief Executive Officer
(hereinafter collectively referred to as “SHORE teams”),

and

- [insert company name]


a company having its Partnerplace of business located at:
[insert address]
and duly represented by: [insert name]
(hereinafter referred to as “Partner”),

SHORE teams and Partner shall also hereinafter be referred to together as the “Parties” and individually as a
“Party”.

This Addendum describes the special terms and conditions associated with the silver subscription plan provided by
SHORE teams to Partner under the Information Technology (IT) Partner Services Agreement (the “Agreement”)
executed by SHORE teams and Partner on [insert date] (“Effective Date”). All provisions and definitions included
in the Agreement shall fully apply to and bind upon the Parties executing this Addendum. This Addendum is hereby
incorporated into the Agreement, and the Parties hereby agree to be bound by and abide with the terms and
conditions of this Addendum. The Addendum shall remain in effect unless terminated by either Party. For the
avoidance of doubt, upon the termination of this Addendum by either Party, the Agreement shall continue to be in
effect. This Addendum shall become binding on the Parties’ on the date of the Parties’ signature hereof.

NOW THEREFORE, the Parties enter into this Addendum, which Addendum shall together with the Agreement; as
amended herein, constitute the entire agreement between the Parties.

The Parties hereby agree to make the following changes to the Agreement:

Article 1 Parties Responsibilities

1.1. SHORE teams will give Partner access to the features of the silver subscription plan as available on SHORE
teams' Platform at the time of signing of this Addendum.

1.2. Partner agrees to commit to contracting and signing agreements with a minimum of fifteen percent (15%) of
the Potential Clients referred to Partner by SHORE teams under the silver, gold, and platinum subscription
plans, during the Initial Term (defined below) and the relevant Renewal Term (defined below).

Article 2 Fees, Payment and Expenses

2.1. In consideration of the Potential Clients that SHORE teams will refer to Partner under this Addendum, Partner
agrees to pay SHORE teams in the amount of EUR 2500 (two thousand five hundred euro) per month for the
Term (defined below) of this Addendum (“Fees”).

2.2. SHORE teams shall submit SHORE teams’ invoice for payment, to Partner each month.

2.3. The Fees must be paid by Partner to SHORE teams in full prior to SHORE teams providing Partner with any
services/Potential Clients as provided under this Addendum.

1
2.4. Unless otherwise agreed by the Parties in writing, the Fees shall be paid by Partner to SHORE teams in Euros
(EUR), via bank transfer or credit card and is non-refundable.

2.5. All payments of the Fees shall be made by Partner to SHORE teams within ten (10) business days date of
invoice, in immediately available funds, and without any set-off, deduction or withholding, except as is required
by applicable law.

2.6. Upon the expiry of the Initial Term (defined below), SHORE teams reserves the right, in its sole and exclusive
discretion, to change/adjust the Fees for the services provided under this Addendum, that will be provided to
Partner prior to the commencement of each subsequent Renewal Term (defined below).

2.7. Partner agrees to notify SHORE teams of any billing queries and errors within ten (10) calendar days after
receipt of each of SHORE teams’ invoice. Should Partner not notify SHORE teams of any billing queries and/or
errors, this absence of notification on Partner’s part shall be deemed to constitute Partner’s waiver of Partner’s
right to dispute such queries and errors at a later date.

2.8. All costs and expenses incurred in connection with the transactions contemplated by this Addendum shall be
paid by the Party incurring such costs and expenses.

Article 3 Term

3.1. This Addendum shall commence on [date] and shall continue for an initial period of twelve (12) months (“Initial
Term”). The Initial Term may be renewed by Partner for an additional twelve (12) months (“Renewal Term”)
provided that Partner makes payment of the applicable Fees during the Renewal Term prior to accessing the
services being provided by SHORE teams to Partner under this Addendum. The Initial Term and any Renewal
Term shall hereinafter be referred collectively as the “Term”.

3.2. This Addendum shall automatically renew, unless Partner provides SHORE teams with three (3) months written
notice, via email, prior to the expiry of the Initial Term or relevant Renewal Term.

Article 4 Governing Law

Subject to the terms of the Agreement, it is the intention of the parties that this Addendum, and all claims and
disputes arising under this Addendum, shall be construed in accordance with the laws of The Netherlands. The
Parties irrevocably submit to the exclusive jurisdiction of the Courts in Amsterdam, The Netherlands to settle any
dispute which may arise out of or in connection with this Agreement.

Article 5 Amendments to Sections in the Agreement

In consideration of the terms of this Addendum, the Parties agree that Sections 4.10, 4.11, and 11.9 of the
Agreement shall be amended and replaced with the following sections:

“4.10 No Other Payments. Except as expressly provided in this Article 4 and Addendum A, SHORE teams is
not entitled to any other fees, reimbursements or payments.

4.11 Taxes. Each Party shall be responsible for the payment of their respective taxes (including, but not limited
to, net income, gross receipts, franchise, or property taxes and taxes arising from transactions between such Party
and its customers) imposed on such Party under applicable laws and arising as a result of or in connection with this
Agreement, Addendum A, or the transactions contemplated by this Agreement and Addendum A. Furthermore,
each Party agrees to indemnify and hold the other Party harmless against any taxes, including penalties, duties
and interest levied by any government on the Subscription Fees and Commission.

11.9 Entire Agreement. This Agreement and Addendum A, constitutes the entire agreement between the
Parties, and supersede all prior terms between the Parties with respect to the Agreement.”

2
WHEREOF the Parties hereto have executed this Addendum as of the date of signature.

SIGNED for and on behalf of SIGNED for and on behalf of


SHORE teams Partner

By: Sander Dales By: [name]


Date: [date of signing] Date: [date of signing]

Signature Signature

You might also like