Payment terms: Due upon signing and paid in full.
- DURATION OF AGREEMENT
The term of this agreement shall commence on signing date and shall expire on the date of completion of the deliverables or within 12 months, whichever comes first.
“Pathway20” initiative managed and operated by Aurora50 (the “Initiative”), unless renewed, or terminated sooner by mutual consent (the “Initiative Period”). In the event of early termination of the agreement by the Client, Aurora50 shall be under no obligation to refund any of the Fee paid by the Client pursuant to this agreement.
- TAILORED TRAINING AND WORKSHOPS
Aurora50 researches and develops training sessions in conjunction with seasoned board directors and practitioners. Within 12 months participants will complete a minimum of 36 training and development hours.
- LOCATION FOR DELIVERY OF SERVICES
All training and development sessions will be held within the United Arab Emirates. Sessions will be held in person or virtually.
- INTELLECTUAL PROPERTY
5.1 “Intellectual Property” means patents, utility models, rights to inventions, copyright and neighbouring and related rights, trademarks and service marks, business names and domain names, rights in get-up and trade dress, goodwill and the right to sue for passing off or unfair competition, rights in designs, database rights, rights to use, and protect the confidentiality of, confidential information (including know-how and trade secrets), and all other intellectual property rights, in each case whether registered or unregistered and including all applications and rights to apply for and be granted, renewals or extensions of, and rights to claim priority from, such rights and all similar or equivalent rights or forms of protection which subsist or will subsist now or in the future in any part of the world.
5.2 All Intellectual Property rights and other proprietary rights in and to any reports, notes, data, findings, know-how, processes, technologies, similar data and other information provided by one party (“Pre-existing Intellectual Property”) shall be and remain the property of the party providing the same and subject to the confidentiality obligations herein and:
5.2.1 The parties acknowledge that this agreement does not transfer any interest in the Intellectual Property rights of any party (“Intellectual Property Rights”). All Intellectual Property Rights developed or created by Aurora50 in relation to the Initiative and/or this agreement shall be owned by Aurora50 (“Created IPR”).
5.2.2 Aurora50 will own all Intellectual Property Rights relating to the Initiative (including any applicable copyright).
5.2.4 Each of the party, and third-party programme partners shall retain exclusive ownership of all Intellectual Property rights owned by such parties as at the date of this agreement.
5.3 Each party grants to the other party a non-exclusive, personal, royalty-free licence during the applicable Initiative Period to use its Created IPR, as well as its trademark and logo(s) in relation to the Initiative to the extent necessary for the other party to carry out its obligations in relation to the Initiative, and in a manner and form to be agreed between the parties and strictly in accordance with the licensor party’s branding and communication policies and other applicable guidelines.
5.4 The parties undertake not to do or permit anything which may adversely affect the Intellectual Property Rights of each other party or assist or allow others to do so.
- CONFIDENTIALITY
6.1 The Parties agree to keep confidential and shall not disclose without the prior consent any technical or commercial information, trade secrets, business methods, processes or reports which either party knew or ought to reasonably know should be confidential concerning the business affairs of a) the Client, b) Aurora50 c) any other customers or partners.
6.2 Each party acknowledges and agrees that it shall have access to Confidential Information and that it shall not use the Confidential Information other than for the purpose of providing the Services (the “Permitted Purpose”).
6.3 Each party may only disclose the Confidential Information to those of its employees, officers, representatives, or advisers who need to know such Confidential Information for the Permitted Purpose, provided that:
6.3.1 it informs such persons of the confidential nature of the Confidential Information; and
6.3.2 at all times, it is responsible for such person’s compliance with the confidentiality obligations set out in this Agreement.
6.4 Unless expressly provided under this Agreement or required by law or regulation, neither party shall disclose (and shall insofar as reasonably practicable prevent any disclosure of) any Confidential Information to any third party without the prior written consent of the other party.
6.5 Each party shall use the same degree of care to avoid disclosure of the Confidential Information: as it employs with respect to its own confidential information; or as may be reasonably expected of a company providing services similar to the Services, whichever is the highest.
6.6 The provisions of this clause 6 shall survive for a period of five years from the termination of this agreement.
- MARKETING AND COMMUNICATIONS
7.1 Neither Party shall make any announcement of any joint activities pursued by the Parties, without the express written consent of the other Party, including with respect to the form, language and timing of any press release or other form of announcement.
- NO PARTNERSHIP OR AGENCY
8.1 Nothing in this agreement is intended to, or shall be deemed to, establish any partnership or joint venture between any of the parties, constitute any party the agent of another party, or authorise any party to make or enter into any commitments for or on behalf of any other party.
- NOTICES AND SERVICE
9.1 Any notice or other information required or authorised by this agreement to be given by either party to the other shall be in writing and may be: (i) delivered by hand; (ii) sent by pre-paid registered post; or (iii) sent by email to the other party as follows:
All notices to the Service Provider shall be sent to the following address:
For the attention of: Diana Wilde, Co-Founder, Aurora50 T: +971 4 456 1200 E: diana@aurora50.com
Aurora50 Dubai Office: Office 309, Makateb 4, Dubai Production City, Dubai, United Arab Emirates
9.2 Any notice sent by post in accordance with this section shall be deemed to have been received on the second day after being posted.
- SEVERABILITY
10.1 If any provisions of this agreement is held by a court or other competent authority to be invalid or unenforceable in whole or in part, this agreement shall continue to be valid as to its other provisions and the remainder of the affected provision.
- ENTIRE AGREEMENT
11.1 This agreement constitutes the entire agreement between the parties and supersedes and extinguishes all previous agreements, promises, assurances, warranties, representations and understandings between them, whether written or oral, relating to its subject matter.
- VARIATION
12.1 No variation of this agreement shall be effective unless it is in writing and signed by the parties (or their authorised representatives).
- COUNTERPARTS
13.1 This agreement may be executed in any number of counterparts, each of which shall constitute a duplicate original, but all the counterparts shall together constitute the one agreement.
