THIS Agreement is made between ORANGEWOODS LIMITED called THE COMPANY, of 32 Akhionbare Street off Ihama GRA Benin city, Edo state, Nigeria and The undersigned client (called “THE SAVER or CLIENT”) of CLIENT ADDRESS.
It is hereby agreed as follows:
1. agreement:
1.1. Orangewoods Limited offers services of; Real Estate, Logistics and Technology.
1.2. The Client desires to save (STIPULATED SAVINGS PALN AMOUNT) with the above company for the stipulated period on its website to either buy products and services of The Company or for The Client’s personal welfare.
1.3. The Client agrees to pay The Company a monthly Administrative charges upfront as stipulated on the website before Savings for the period will be saved or recorded.
1.4. The Company agrees to pay The Client a stipulated interest which is as stipulated on the savings plan if The Client doesn’t withdraw from the savings before the expiration of the savings plan tenure.
1.5. The Client agrees to forfeit the stipulated interest if the savings is withdrawn before the end of the saving’s plan tenure
1.6. The Savings starts immediately the Client is registered and has paid the first monthly Administrative charges.
1.7. On expiration of the Savings tenure, The Client can withdraw both Savings and Interest or buy any of Our products and services with the money saved.
1.8. In the case where the client wants to terminate this agreement and needs to withdraw the total or remaining savings, this will come with a one month written notice to The Company and payments will be made within 3 months.
2.1. Either party can terminate this Agreement before the end of the agreement provided the party terminating this Agreement shall give a one (1) month prior notice to the other party.
2.2. Orangewoods ltd or The Investor may terminate this Agreement where either party repeatedly breaches any of the terms and conditions of this Agreement in such a manner as to reasonably justify the opinion that his conduct is inconsistent with his having the intention or ability to give effect to the terms and conditions of this Agreement.
3.2. If the dispute cannot be resolved by the Parties within one month it may by agreement between the Parties be referred to a neutral adviser or mediator chosen by agreement between the Parties. All negotiations connected with the dispute shall be conducted in confidence and without prejudice to the rights of the Parties in any further proceedings.
3.3. If the Parties fail to appoint a Mediator within one month, or fail to enter into a written agreement resolving the dispute within one month of the Mediator being appointed, either Party may exercise any remedy it has under applicable law.
4. GOVERNING LAW
4.1. The rights, obligations and liabilities of the parties under this agreement shall be construed and determined in accordance with the substantive and procedural laws of Nigeria.
4.2. The parties hereby agree that the High Court of Edo State, shall have jurisdiction to determine any dispute arising from this agreement.
5. Force Majeure
5.1. Neither Party shall be liable for failure or delay in performing any obligation whatsoever under this Agreement arising from any circumstance beyond its reasonable control, including but not limited to natural disasters, acts of civil or military authority, epidemics, governmental restrictions, wars, riots, storms and floods.
5.2. The party affected by a force majeure shall promptly notify the other party of the occurrence of the force majeure.
5.3. The party affected by the force majeure shall do what is reasonably within its means to mitigate the effect(s) of the force majeure.
5.4. If such circumstances continue for a continuous period of more than 30 days, either Party may terminate this Agreement by written notice to the other Party.
6. AMENDMENT/ADDENDUM
6.1. No amendment/addendum shall be made to this agreement except such amendment/addendum is made with the written consent of both parties.
6.2. Such amendment/addendum shall not nullify this original document but shall only serve the purpose of correcting and/or replacing the section(s) of this Agreement which shall be so specified.
6. Miscellaneous
6.1. Neither Party hereto may assign its rights hereunder without written consent of the other Party.
6.2. This Agreement supersedes all other prior representations, understanding, or agreements, written or oral, by or between the Parties, and or their agents, and shall prevail notwithstanding any variance with terms and conditions of any such representation.
6.3. Failure of any party to insist upon the performance of any term(s) of this Agreement, by the other party shall not be treated or deemed to constitute a modification of such term(s). Nor shall such failure or election be deemed to constitute a waiver of the right of the other party at any time whatsoever thereafter to insist upon performance by the other party in accordance with any term or provision of this agreement, except such waiver was made in writing and signed by the waiving party.
6.4. The marginal headings are inserted for convenience only any do not form part of this agreement.
6.5. The illegality and unenforceability of any provision(s) of this agreement shall not affect the whole and the illegal or unenforceable provision(s) shall be construed as if it was never a part of this agreement.
This contract starts on (start date) and ends on (end date).