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SERVICES AGREEMENT
This
SERVICES AGREEMENT is
entered into, by and between:
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STRATOS DEL PERU S.A.C.
, identified
with Unified Taxpayer’s Registration No. 20515769774, with
domicile in Av. Canaval y Moreyra 380 Office 401, district of San
Isidro, province and department of Lima, duly represented by Luis
Humberto Goyzueta Angobaldo, identified with National
Identification Document No. 10609920, according to powers of
attorney registered in Electronic Entry No. 11995912 of the
Registry of Legal Entities of the Registry Office of Lima, who will
hereinafter be denominated as “
THE PROVIDED” ;
and, on the other part by,
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AGRIBUSINESS CONSULTING & MANAGEMENT PERU SAC
,
identified with Unified Taxpayer’s Registration No.
20299468845
,
with domicile in Av.
Encalada 569 - Apt. 202 - Urb. Valle Hermoso - Santiago de Surco -
Lima - Lima, duly represented by Gisela Fabiola María
Camminati Campodónico, identified with National
Identification Document No. 09393612 according to powers of
attorney registered in Electronic Entry No. 01586246
of
the Registry of Legal Entities of
the Registry Office of Lima, who will hereinafter be denominated
“
THE PROVIDER ”.
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The
parties agree to enter into this agreement under the following
terms and conditions:
FIRST :
BACKGROUND
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1.1
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THE PROVIDER is
a company dedicated to the production and distribution of
hydrocarbons produced from sugarcane, for which it requires the
provision of services described in the second clause of this
agreement.
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1.2
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THE PROVIDER is
a legal entity specialized in the provision of services such as
those described in the Second Clause of the agreement.
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1.3
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As
a complement to its business activities,
THE PROVIDER contracts
THE PROVIDER in
accordance with the terms and conditions stated in this
agreement.
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SECOND: OBJECT
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2.1
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By
means of this agreement,
THE PROVIDER commits
itself to
THE PROVIDED ,
who accepts to provide the following services:
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Update
the use of funds for Phase 1 of the Project of STRATOS DEL
PERÚ, adding a table that summarizes the updated amounts for
each one of the components (administration, land prospecting,
acquisition of land, seedbeds and nurseries, composting complex,
engineering of mills and distillery).
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Structure
a model that generates cash flows, balance sheets and projected
profit and loss statements for the three phases of the
project.
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Structure
a financial model with dynamic Excel tables which allows the
simulation of various scenarios, both in the most important
productive variables, as well as in the financial
variables.
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2.2
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Each
and every one of the goods, material and/or equipment that
THE PROVIDER requires
for the performance of its obligations foreseen in this agreement,
will be acquired directly by
THE PROVIDER .
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THIRD: TERM
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3.1
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The
term for the performance of the services described in the preceding
clause, will be of forty five (45) calendar days counted from the
day following the signature of this document.
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Despite
the agreed term,
THE PROVIDED may
unilaterally terminate this agreement without explanation of cause.
In such case,
THE PROVIDED will
send to
THE PROVIDER a
written communication with fifteen (15) calendar days of prior
notice, after which the present agreement will be determined with
full rights without giving rise to any claim, indemnification,
payment or compensation.
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In
the event that
THE PROVDED decides
to terminate this agreement in advance, he will draw up a joint
liquidation together with
THE PROVIDER in
order to determine the exact consideration that must be paid
to
THE PROVIDER for
the services that it would have provided during the validity of the
agreement.
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FOURTH: CONSIDERATION
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4.1
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THE PROVIDED undertakes
to pay in favor of
THE PROVIDER ,
for the services which are the subject of this agreement, the
amount of US $ 98,732.45 (ninety eight thousand seven hundred
thirty two and 45/100 United States Dollars) including the
applicable taxes. The payment will be made upon completion of the
term of the services.
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4.2
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THE PROVIDER undertakes
to issue the corresponding payment invoices.
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4.3
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The
parties declare that the above mentioned amount includes the own
expenses of the service. Any othe
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