Professional Documents
Culture Documents
Ib Agreement
Ib Agreement
WHEREAS
A. This Agreement sets out the initial relationship between org & player as
well as the respective rights and responsibilities of both.
B. This Agreement is not intended to be legally binding but is intended to
document the expectations of both. Nothing in this Agreement will be
construed as creating any legal relationship between org & player.
C. Org & player respectively are expected to act in good faith in
accordance with the Agreement.
I. TERMS
This Contract runs for a period of 1 months beginning on 01/07/2022 and
terminating on 31/07/2022 unless contract violation is to occur in which case
the contract will terminate as per contract specifications.
2. PLAYERS shall not enter into another contractual relationship with any
other team or organization in the field during the term of this Contract
without asking permission from Us seven (7) days in advance.
4. PLAYERS must wear official IND BULLS tags at all times during
events, competitions And during streaming.
6. PLAYERS understand that they represent IND BULLS and shall not act
with bad manners including, but not limited to, cheating, violence,
abuse, racism, and unsportsmanlike conduct.
2. The PLAYER will also get one hundred percent (100%) of revenue
derived from their respective personal streams.
4. If the player performs well, the salary of the player increases to the
second month and the contract will be extended.
All payments to be made under the provisions of the Agreement shall be made
in Indian Rupees and shall be subject to the deduction of Income Tax under
the Indian Income Tax Act, 1961 and any other taxation laws and amendments
as applicable.
IV. TERMINATION
Contract must be renewed within 1 months after expiration unless either
PLAYER or IND BULLS gives at least three (3) day notice officially
terminating their sponsor/client relations due to personal reasons and/or
violation of any Sections.
V. FORCE MAJEURE
If either player or IB is unable to perform any of its obligations by reason of
fire or other casualty, strike, act or order of public authority, an act of God, or
other cause beyond the control of such party, then such shall be excused from
such performance during the pendency of such cause.
VII. EXCLUSIVITY
This Agreement implies exclusivity on the PLAYER. The Player is not
allowed to engage with any other company or organization during this
agreement time period with us.
VIII. CONFIDENTIALITY
Both shall hold in confidence and shall not disclose to any third party any
confidential information of a written or oral nature relating to this Agreement.
Neither Party shall at any time release any statement or press release in press
or media (including without limitation television, radio, websites, chat
rooms/forums, YouTube any social networking sites such as twitter, facebook,
newspapers, and magazines whether in electronic or paper form or otherwise)
in relation to this agreement.
IX. AMENDMENT
All the terms and conditions can be changed or modified by IND BULLS by
giving notice to the player through email only.
X. GOVERNING LAW
This agreement and all issues arising out of the same shall be construed in
accordance with the laws of India. Jurisdiction: Jaipur, Rajasthan.
Name:
Name: Anita Swain Aadhar No :
Date: 23rd June 2022 Date: 23rd June 2022