Teaming Agreement
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Terms of Service
This document represents the teaming agreement between Accume Business Consultant, (“Accume”), incorporated in India, with its Corporate office at 709 Apollo Premier, Vijay Nagar Square, Indore 452010, info@accumeconsulting.com

Effective date and Term:
This Teaming Agreement (“Agreement”) with its attachments if any is effective as of the date of signature by both parties, at the end of this document or ………………………………………………………..…………………….. whichever is later. The term of the Agreement shall continue with a review clause after completion of continuous twelve months of this agreement. This agreement can be terminated earlier with a 30days written-notice, delivered to the official mailing/email address shown herein. The attachments can be created, amended and removed separately, while still being subjected to this agreement, provided that both Parties sign the attachment(s).

Purpose:
The purpose of this agreement is for Mr./Mrs./Miss………………………………………………………………………………….... to work together with Accume for the following scope of service:
Business development (definition included below) for offering current or future Products and services, which currently includes Cloud Based Task Management SAAS, Project Management SAAS, WhatsApp Marketing SAAS, Email Marketing SAAS and Many more to Come.

Business Development as per the purpose stated above would include the following:

1. Identification & lead generation for potential clients.
2. Follow Up Clients and schedule meeting with them
3. Market company Product to them and initiate sales
4. Manage client relationship during transaction execution
5. Assist in Collection of fee from Client
6. Support Closure of assignment and building the bridge for subsequent opportunities

Fee Structure:
Success fee sharing on Business Development for every transaction:
• Flat 30% of fee received by Accume for every Transaction on SAAS based Products exclusive of GST.
• 30% would be paid of the gross success fee for any new business brought, successfully closed by Accume and fee collected in total.
Accume would pay the success fee share to Mr./Mrs./Miss.…………………………………………………………………………. Only after Accume receives the subscription fee on completion product sales.
Other Terms:
1. The contract would be under the Performance review guidelines of the firm for such nature of contracts, which would require the relationship to be reviewed by the end of the first 12 months. The agreement shall be expressly renewed after completion of first 12 months. If not renewed it will be deemed as expired.
2. It is specifically agreed that this agreement shall not be determined to constitute relation of employee, the company is hiring on the basis of channel partner and any remuneration will be on the basis of sales only.
3. Any new client will be considered as case of referral only once, if same has been converted into another product, than repeat business from the same client within 12 months of subscription of first subscription will only considered in channel partner sales effort, beyond 12 months channel partner shall not receive any remuneration on same.
4. Nothing mentioned in the above section, prevents Mr./Mrs./Miss ………………………………………………..…. From continuing its current activities or entering into new business areas related to the current activities that it pursues without Accume.
5. The Parties agree that the agreement does not allow for transfer of any obligations or risks that either of the Parties may have assumed with a client, to the other Party and each Party agrees to indemnify and exclude the other Party from any litigation, claim or legal action, damages or any other forms of recourse.
6. Mr./Mrs./Miss.……………………………………………………... Is free to advertise the relationship to its prospective clients in the manner that best helps it with the business development process. A disclosure about this channel partnership agreement should be appropriately disclosed to an existing or a prospective client by Mr./Mrs./Miss ……………………………………………………………………………………………
7. The Parties agree to not directly or indirectly solicit either firm’s employees, contractors, agents, consultants and other key stakeholders during or up to a period of 12 months from the date the Arrangement is terminated, should that occur. This also applies to subsidiaries, and other similar business entities.
8. This Agreement is the entire agreement of the parties and supersedes any prior agreements between them, whether written or oral, with respect to the subject matter hereof. No waiver, alteration, or modification of any of the provisions of this Agreement shall be binding unless in writing and signed by duly authorized representatives of the parties hereto.
9. The invalidity or unenforceability of any provision of this Agreement, or any terms thereof, shall not affect the validity of this Agreement as a whole, which shall at all times remain in full force and effect.
10. The titles of the Sections, if any herein are for convenience of reference only and are not to be considered in construing this Agreement.
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