PARTIES– This CWH Gas Technology Fund Agreement (hereinafter referred to as the “Agreement”) is entered into on ________________ (the “Effective Date”) by and between _______________________________________________________________________ (hereinafter referred to as the “School”) with an address of __________________________________ and CWH Gas Company (hereinafter referred to as the “company”) with an address of 9 Roosevelt Avenue, Kingston 5, S.t Andrew. (collectively referred to as the “Parties”).THE CWH GAS TECHNOLOGY FUND PARTNERSHIP– The company has developed the CWH Gas Technology Fund which seeks to partner with Schools in the corporate area and lend financial support with the purchase of technology hardware to improve the Digital transformation of youth in our country. The Fund will see Schools benefiting from each sale of cooking gas made by their teachers, parents and the school community when the purchasers use the school code to order cooking gas. Each size cooking gas will have school earning the comparable amount, while the purchaser will receive their discount of up to $500 for using the schools code. PAYMENT AND FEES– The Parties agree that there will be no cost associated to the School for participating in the CWH Gas Technology Fund.– The Parties agree that the referral fee earned by the school will be disbured every quarter starting September 2022. – The Parties agree that the means of payment will be via bank transfer to the Schools account as provided by the School Burser / Principal. TERM– The School agrees to help in the distribution and marketing of the CWH Gas Technology Fund to its Teachers, Parents and School community via any means it sees fit including but not limited to Letters, Emails, Whatsapp and/or Social Media.– The School agrees to give the company all rights a privileges to use its logo and likeness in the marketing and promotion of the CWH Gas Technology Fund. –The company agrees to use the fund, to help in the school in the development of their technology programme.–The School agrees to use the funds generated from the CWH Gas Technology to only purchase hardware and software for the school to ensure the improvement of the Technology in the School.TERMINATION– This Agreement may be terminated if the following occurs:
This Agreement will be terminated immediately if one of the Parties breaches this Agreement.
This Agreement can be terminated at any given time by providing a written notice to the other party sixty day (60) days prior to terminating the Agreement.
CONFIDENTIALITY– All terms and conditions of this Agreement (and any confidential information provided by the School to the Company or vice versa) during the term of the Agreement must be kept confidential, unless the disclosure is required pursuant to process of law.– Disclosing or using this information for any purpose beyond the scope of this Agreement (or beyond the exceptions set forth above) is expressly forbidden without the prior consent of the Parties.– The Parties’ obligation to maintain confidentiality will survive termination of this Agreement and remain in effect indefinitely.RELATIONSHIP BETWEEN PARTIES– Hereby, the Parties agree that the Company in this Agreement is an independent contractor, as he/she provides the services hereunder and acts as an independent contractor.– The Company shall not be considered an employee under any circumstances.– This Agreement does not create any other partnership between the Parties.– This Agreement is an Agreement that is not based on exclusivity. Hence, the Parties are entitled to enter into other Agreements with other parties.OWNERSHIP– The Parties agree that all products created by the Company will remain the exclusive property of the Company, INTELLECTUAL PROPERTY– The Company agrees that any intellectual property provided to the Company by the School will remain the sole property of the School, including (but not limited to) copyrights, patents, trade secret rights, and other intellectual property rights associated with any ideas, concepts, techniques, inventions, processes, works of authorship, Confidential Information, or trade secrets.– The Company will refrain from using such intellectual property upon the termination of this Agreement.LIMITATION OF LIABILITY– Under no circumstances will either party be liable for any indirect, special, consequential, or punitive damages (including lost profits) arising out of or relating to this Agreement or the transactions it contemplates (including breach of contract, tort, negligence, or other form of action)—if said damage is the direct result of one of the party’s negligence or breach.AMENDMENTS– The Parties agree that any amendments made to this Agreement must be made in writing and signed by both Parties to this Agreement. As such, any amendments made by the Parties will be applied to this Agreement.ASSIGNMENT– The Parties hereby agree not to assign any of the responsibilities in this Agreement to a third party unless consented by both Parties in writing.ALTERNATIVE DISPUTE RESOLUTION– Any dispute or difference whatsoever arising out of or in connection with this Agreement shall be submitted for(Arbitration, mediation and negotiation) , in accordance with and subject to the laws of Jamaica.ENTIRE AGREEMENT– This Agreement contains the entire agreement and understanding among the Parties hereto, with respect to the subject matter hereof. It supersedes all prior agreements, understandings.