CONSULTING AGREEMENT

PARTIES

  • This Service Contract Agreement (hereinafter referred to as the “Agreement”) is entered into on "_________" "___", "_____" (the “Effective Date”), by and between “Evgeny Shilnikov pr Konsultantske aktivnosti Mladenovac”, with an address of 11400, Serbia, Mladenovac, Doktora Rusa, 13 (hereinafter referred to as the “Consultant”), and "_______________________________________________________________________________________" (hereinafter referred to as the “Client”) (collectively referred to as the “Parties”).

CONSIDERATION

  • The Parties agree that the Consultant will provide the services attached hereunder, whereas the Client will, in return, provide compensation for such services and expertise.

SERVICES 

  • The Consultant’s services are summarized below:

  1. Financial consulting (financial planning, risk assessment of financial products, quantitative analysis, and research of the financial market)

    1. Financial planning for customers of the Client

    2. Risk assessment of financial products

    3. Quantitative & qualitative analysis of financial markets

    4. Research of the financial markets

    5. Preparation of analytical reports

    6. Teaching and consulting customers and partners of the Client

RETAINER

  • A fee will be invoiced to the Client by the Consultant on the first day of every month for all the services provided and performed, as well as for all the pre-approved expenses incurred the previous month.

  • The fee will be of:

    • 50 EUR per hour in case of financial planning for customers of the Client, teaching and consulting customers, and partners of the Client,

    • 100 EUR per hour in case of quantitative and qualitative analysis, research of the financial markets,

    • 500 EUR for preparation of the analytical report (not more than 5 hours per report),

    • 1000 EUR for risk assessment of a financial product (not more than 10 hours per assessment).

  • The Client is required to pay the invoice within 30 days of receiving it. 

  • The Parties agree that the payments are to be made via SWIFT or via a payment link.

EXPENSES

  • The Consultant is entitled to reimbursement for all the reasonable and necessary expenses arising when providing his services to the Client. 

  • The Client is required to pre-approve all expenses over 1000 EUR.

  • The Consultant is required to provide proof of receipt for all the expenses he has made.

TERM

  • This Agreement shall be effective on the date of signing this Agreement (hereinafter referred to as the “Effective Date”) and will end on December 31, 2029.

TERMINATION

  • This Agreement may be terminated in case the following occurs:

  1. Immediately in case one of the Parties breaches this Agreement.

  2. At any given time, by providing a written notice to the other party 30 days before terminating the Agreement.

RELATIONSHIP BETWEEN THE PARTIES

  • Hereby, the Parties agree that the Consultant in this Agreement is an independent contractor where the Consultant provides the services hereunder and acts as an independent contractor. 

  • Under no circumstances shall the Consultant be considered an employee. 

  • Whereas this Agreement does not create any other partnership between the Parties.

EXCLUSIVITY

  • The Parties agree and understand that this Agreement is not exclusive and that the Parties are entitled to enter into other similar agreements with other parties.

OWNERSHIP 

  • The Parties agree that all work created by the Consultant in terms of his performing the services will remain the exclusive property of the Client, who can use it without any restrictions. 

CONFIDENTIALITY

  • All terms and conditions of this Agreement and any materials provided during the term of the Agreement must be kept confidential by the Consultant unless disclosure is required under the process of law. 

  • Disclosing or using this information for any purpose beyond the scope of this Agreement or the exceptions set forth above is expressly forbidden without the prior consent of the Client.

DISPUTE RESOLUTION

  • Any dispute or difference whatsoever arising out of or in connection with this Agreement shall be submitted to negotiation in accordance with, and subject to the laws of, the Republic of Serbia.

GOVERNING LAW

  • This Agreement shall be governed by and construed in accordance with the laws of the Republic of Serbia.

SEVERABILITY

  • In the event that any provision of this Agreement is found to be void and unenforceable by a court of competent jurisdiction, then the remaining provisions will remain to be enforced in accordance with the Parties’ intention.

ENTIRE AGREEMENT

  • This Agreement contains the entire agreement and understanding among the Parties hereto with respect to the subject matter hereof and supersedes all prior agreements, understandings, inducements, and conditions, express or implied, oral or written, of any nature whatsoever with respect to the subject matter hereof. The express terms hereof control and supersede any course of performance and/or trade usage inconsistent with any of the terms hereof.

AMENDMENTS

  • The Parties agree that any amendments made to this Agreement must be in writing, and they must be signed by both Parties to this Agreement. 

  • As such, any amendments made by the Parties will be applied to this Agreement.

SIGNATURE AND DATE

  • The Parties hereby agree to the terms and conditions set forth in this Agreement, and such is demonstrated throughout by their signatures below:

CLIENT

Name:____________________________

Signature:_________________________

Date:_____________________________

CONSULTANT

Name:____________________________

Signature:_________________________

Date:_____________________________