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Collaboration Agreement
Between
Security Control Company Limited (SCC)
And
TBD
SCC and TBD being referred to in this Agreement individually as Party and
together as Parties
Whereas
A) SCC is a Saudi Arabian registered company with significant experience
and expertise in business development and project implementation in
the defense and security sector within the Kingdom of Saudi Arabia
B) TBD is a .
C) SCC and TBD wish to engage in discussions regarding potential
opportunities for the supply of TBD products and services in the
Kingdom of Saudi Arabia for the mutual benefit of both Parties.
TBD and SCC will engage a discussion regarding potential partnership where
synergy identified:
1 SCC has identified a number of opportunities for the supply of TBD
Products and Services to the Customer (such as.),
2 TBD wishes to engage SCC to develop TBDs business in some
verticals (TBD to identify Business Opportunities)
DEFINITION
Term
Meaning The singular includes the plural and vice versa, unless
the context
otherwise requires
Agreement This Agreement between SCC and TBD
Confidential
Information Any information disclosed by a party under this Agreement
which is marked as
confidential or which is reasonably
apparent as confidential in nature including
all commercial or
technical information relating to the disclosing partys
business.
Customer
Any governmental, industrial, ministries, private, agency or
branch thereof in
the Kingdom of Saudi Arabia.
Day
Effective Date
Fee
The sum payable to SCC for the provision of services described
in Clause 2.3 to
TBD
Products
Services
Third Party
OVERVIEW
1.1
Overview
(a) SCC has identified a number of opportunities for the supply of TBD
Products and Services to the Customer
(b) TBD wishes to engage SCC to develop TBDs business with the
Customer
(c) This Agreement is a legally binding agreement between the Parties
and forms an overarching framework for the Parties to work
together to pursue business opportunities within the Kingdom of
Saudi Arabia. The Parties acknowledge that, in the event of a
successful contract award from the Customer, bespoke contractual
documents will be agreed reflecting the principles agreed herein
and the specific products or services to be supplied.
SCOPE OF COLLABORATION
2.1
Subject to Clause 4.3 and 4.4, the Parties agree that they shall work
together in good faith under this Agreement and shall not during the
term of this Agreement directly or indirectly enter into any agreement ,
understanding or arrangement with a Third Party regarding the supply
of TBD Products or Services to the Customer
2.2
2.3
SCC shall:
2.3.2 Keep the market under surveillance and inform TBD of any
Customers requirements, planning, budgets as well as competitor
activity and other such relevant information in regular status
reports as often as deemed necessary.
2.3.3 Advise TBD of relevant programs, projects or tenders which are
considered opportunities for the supply of TBD Products.
2.3.4 Provide advice, guidance and support to TBD in the compilation of
proposals, pricing of quotations and negotiation of terms and
conditions with Customers in the Kingdom of Saudi Arabia.
2.3.5 Obtain necessary import documentation for the importation of
Products into the Kingdom of Saudi Arabia and the payment of
applicable local customs duties.
2.3.6 Provide subject matter experts which a sound knowledge of the
Customer environment and working practices.
2.3.7 Translate written material and provide Arabic/English Interpretation
where required.
2.4
TBD Shall
CONTRACTUAL ARRANGEMNTS
3.1
3.2
These such contracts will fully define the scope of work for SCC
including any local work or services to be provided.
3.3
3.4
RESTRICTIONS
4.1
SCC shall not accept any orders nor make any contracts on behalf of
TBD and shall not make promises, presentations, warranties or other
such representations to Third Party without the prior written permission
of TBD.
4.2
4.3
4.4
4.5
5.1
The Parties represent and warrant that they will conduct their business
in the Kingdom of Saudi Arabia in accordance with the laws of the
Kingdom of Saudi Arabia and warrant that all their employees, agents
Neither Party will tolerate bribery in any form in connection with the
conduct of its business. Both Parties shall comply with all applicable
laws, codes and guidance relating to anti-bribery and anti-corruption,
including but not limited to SCC Anti-Corruption and Anti-Bribery Policy
SCC-BS-IA-01E REV- and the Bribery Act 2010 of the United Kingdom.
COMPENSATION
6.1
The Parties agree that value for money is key differentiator in the
current market and the Parties shall work together to jointly determine
the optimum price to win
6.2
EXPENSES
7.1
Both Parties shall bear their own costs in respect of travel, postal fees,
telecommunications costs and other expenses associated with the day
to day discharge of business activities.
CONFIDENTIALITY
8.1
During the term of this Agreement and for a period of three years after
termination or expiry of this Agreement. Each party shall:
8.2.3 to the extent that information has come into the public domain
through no fault of receiving party.
8.3
Both Parties shall securely store the Confidential Information with the
same degree of care (but in any case no less than a reasonable degree
8.5
At the request of the Disclosing Party made at any time, the receiving
Party shall return or as the Disclosing Party may direct, destroy or
completely remove all the Confidential Information (or other material
containing or embodying the Confidential Information) in the receiving
Partys possession or under its control.
9.1
This Agreement shall come into effect on the Effective Date and shall
continue in force until fully terminated.
9.2
This Agreement and all rights, duties and obligations arising under this
Agreement shall cease and terminate on the first to occur of any of the
following events:
9.2.1 If no contracts are awarded within two years of the Effective Date.
9.2.2
FORCE MAJEURE
10.1 Each Party reserves the right to defer the date of performance of its
obligations under this Agreement or terminate this Agreement if it is
VARIATION
11.1 This Agreement may only be varied by the written approval of each
Party.
12
ASSIGNEMENT
12.1 Neither Party shall without the prior written consent of the other Party
assign, transfer, charge or subcontract in whole or in part its rights or
obligations under this Agreement.
13
CORRESPONDENCE
Courier Address:
Abdulaziz
Postal Address:
14
PUBLICITY
DISPUTE RESOLUTION
15.1 Any litigation between the Parties shall occur only when the Parties
have failed to find an amicable settlement within a period of 60 (sixty)
Day and shall be submitted to arbitration pursuant to the rules of the
International Commercial and Industrial Arbitration Court in Geneva
and according to the regulation applicable to this curt. The court of
arbitration, called on by one party, will be composed of one arbitrator
acting as mediator and ruling without appeal. The place or arbitration
shall be Geneva. The arbitration shall be conducted in the English
language. The parties formally declare acceptance that Saudi law shall
apply. They ruling of the court shall be binding for both Parties.
16
GOVERNING LAW
SIGNATURES
Anne A:
Annex B: