![]() Party B shall provide all quality services requested on call to Party A and honor the discount agreement. In turn they will receive a 20% discount on all the services offered. Party A will be required to give all the work of beautifying and dressing its commercial models both in the country and abroad to Party B. The parties involved herein shall make contributions as follows: The agreement is renewable after the expiry of the period upon consensus by the parties. This partnership shall take effect from 16th August 2018 and be fully enforceable for the next 18 months. Name: Beauty and Cosmetics Company Limited Party B is a medium sized fashion, beauty, and cosmetics company that also offer services such as make-up, hairdo, and fashion choices for various figures and body sizes. The sharing of assets shall be according to initial contributions after the termination has been effected. One cannot terminate a contract within the period that it is in force. In case either party needs to terminate the contract, they should issue a 30-day notice before the expiry of the duration of this Memorandum of Understanding. The agreement is to run for two years after which it is renewable. Decisions shall be made via a written and signed consensus between the parties. The partners shall meet once every month at an agreed destination which will be communicated personally or via email. In case of violation of the agreement, the party in breach shall pay a fine of KES 100,000 for each agreement that a party has breached. Action in case of breach of the agreement The document shall be amended on consent by both parties, and there shall be a written and signed agreement to that effect. The disclosure agreement entered into by the parties shall be effective as from 20th July 2018. ![]() The land shall not be sold or transferred to third parties during the period of the agreement.Minute writing: tips, examples and templates ![]()
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