4. Contract Term and Termination
4.1. This Contract is concluded for an indefinite term.
4.2. The current version of the Contract (Offer) is available at https://niveldevelopment.com/direct-advertisers-offer
. The Company is entitled to amend the Contract (Offer) (including the Rules) at any time. The Advertiser should get to know the Contract regularly for amendments. The changes will become effective immediately after posting.
4.3. If the Advertiser disagrees with the new version of the Contract (including the Rules), the Advertiser shall notify the Company of its unilateral withdrawal from the Contract, in writing, within seven (7) calendar days from the date the revised Contract enters into force. Otherwise, the revised Contract shall be deemed accepted by the Advertiser.
4.4. Either Party is entitled to terminate the Contract subject to the email
notice to the other Party in ten (10) calendar days prior to the expected date of termination.
4.5. The Company may transfer, novate and/or assign any of its rights and obligations under this Contract including the right to demand payment, as well as delegate them to third parties without the Advertiser's consent upon an email notice to the Advertiser. The Advertiser may not transfer, novate or assign any of its rights and obligations under this Contract, as well as delegate them to third parties without the Company's consent.
4.6. In case of breach of the Contract by the Advertiser, the Company shall be entitled to unilaterally terminate the Contract without any compensation to the Advertiser for losses resulting from such termination, by notifying the Advertiser of the termination by email.
4.7. This Contract shall remain in force in case of changes in details of the Parties, amendment of their constituent documents, form of incorporation, change of control of one of the Parties or both Parties.
4.8. In case of change in the details of one of the Parties specified herein, such Party shall notify via e-mail the other Party to the effect within three (3) business days. 5. Miscellaneous
5.1. Invalidity of any of the provisions of this Contract shall not cause invalidity of other provisions or the Contract as a whole.
5.2. The Contact, its conclusion and performance shall be construed and governed by law of England and Wales. The seat, or legal place, of arbitration shall be London, UK. The language to be used in the arbitral proceedings shall be English.
5.3. All capitalized terms herein shall have the meaning set forth in the Rules.
5.4. The Contract (including the Rules) together with any addendums and supplementary agreements, constitutes the entire agreement between the Parties with respect to the subject matter hereof, and supersedes all prior agreements, understandings and communications, oral or written, between the parties related to such subject matter (other than any such made fraudulently).
5.5. Unless otherwise provided herein all notices shall be sent by the Parties via registered mail with delivery confirmation, while respective expenditures shall be paid by a sender. The said documents may be additionally transmitted via e-mail.
5.6. The changes will become effective immediately after posting.
Revision as of May 11, 2023Previous version Registered address:
OFFICE 1301-02 GREEN TOWER, BANIYAS ROAD, P.O. BOX 111881, DUBAI, U.A.E. Registration number:
EMIRATES NBD Bank Address:
BENIYAS STREET,DEIRA,DUBAI,U.A.E. BIC/SWIFT code:
EBILAEAD EUR IBAN:
AE500260001025832054604 USD IBAN:
AE660260001025832054607 RUB IBAN: N/A E-mail Address:
Davoud Motallebi Title: