Service agreement


1) RIGHTS AND OBLIGATIONS OF BBP
BBP shall:
1.1) provide to the Сlient, upon its request, the current information about the progress status of the ordered services;
1.2) complete the assignment within the time frame pre- agreed by the Parties and/or in an Appendix if any.
1.3) BBP shall be entitled to obtain from the Client all and any information necessary to perform the Agreement with due quality.
1.4) BBP shall treat all and any information obtained from the Client for the purposes of the Agreement as confidential and not subject to disclosure to any third parts except requirements of MLR.
1.5) Regarding MLR BBP must refuse to provide service if the Client refuses to provide necessary Due Diligence documents requested by BBP.

2)RIGHTS AND OBLIGATIONS OF THE CLIENT
The Client shall:
2.1) provide to BBP any necessary Due Diligence and KYC documents for proper and timely fulfillment of the Agreement;
2.2) promptly inform BBP of any changes in address, phone, political status confirmed in Questionnaire and company activities form;
2.3) pay for services according to issued invoices.
2.4) The Client agrees that BBP, in the capacity of data controller, is entitled to process data obtained from the Client regarding PDPR.
2.5) The Client acknowledges that BBP is bound by regulatory and other obligations under the law of the jurisdiction in which the Services are provided and agree that any action or inaction on the part of BBP as a result thereof shall not constitute a breach of BBP duties hereunder.

2.6) Client hereby consents transferring the Client data abroad to partners and registered agents in the performance of the Services and in accordance with the requirements as prescribed under the Law.

3) INVOICES AND PAYMENT PROCEDURE
3.1) BBP issues an invoice for annual support and send it to the Client two months before a relevant annual support period starts.
3.2) Services ordered by the Client will be invoiced by BBP based on prices pre-agreed between the Parties.
3.3) Full payment for any service order placed by the Client is required before BBP commences any work on such order.

4) NON-DISCLOSURE
4.1) The Parties shall keep confidential all and any information related to this Agreement.
4.2) BBP shall not provide any information, documents, reports or any parts thereof to any third parties, unless BBP is bound by law to do so.

5) DURATION AND TERMINATION OF AGREEMENT
5.1) This Agreement shall be executed in two identical copies, one copy for each Party. Any scanned copy hereof shall have the equal force as it were original copy.
5.2) The Agreement shall be valid for a period of one year and shall be renewed automatically if neither Party terminates it during this time.
5.3) Either Party may terminate this Agreement at any time by giving not less than 30 (thirty) days written notice to the other Party.
5.4) BBP shall be entitled to terminate this Agreement with immediate effect by written notice to the Client in the event that any legal proceedings are commenced against the Client (including any injunctive or investigative proceedings).