Contract of advertisement (presentational) services

Contract of advertisement (presentational) services

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Contract of advertisement (presentational) services
6. FORCE-MAJEUR

6.1. None of the Parties is responsible for full or partial default of any obligations, if default is the consequence of circumstances of the force majeur character which is being out of the Parties’ control, arisen after the Contract conclusion.
6.2. Force majeur circumstances occurrence that are considered as complicating for this present Contract execution such as military actions, acts of nature, epidemics, prohibitive certificates of the state bodies, judicial certificates, fires, earthquakes and flooding.
6.3. The Performer shall have the right to suspend the fulfilment of obligations under this Contract until the corresponding violations are eliminated in the following cases:

6.3.1. in case of signing of the Contract with the Statement of Disagreements by the Customer without prior harmonization of these disagreements with the Performer

6.3.2. In case of DEBTOR breach of the Contract and/or Annexes thereto, provided for in par. 2.1.4 of the Contract. 6.3.3. In case of Customer breach of the procedure for signing the Contract and/or Annexes thereto, provided for in par. 9.10. of the Con-tract.

7. EARLY CONTRACT TERMINATION

7.1. The Customer may initiate the Contract termination if:
7.1.1. the confidential information is revealed by the Performer;
7.1.2. other cases stipulated by the current legislation of the Russian Federation occur.
7.2. The Performer may initiate the Contract termination if:
7.2.1. the Customer failed to cover the service expenses;
7.2.2. the Customer did not provide the Performer with the information necessary for the Contract obligations implementation;
7.2.3. there are conditions made by the Customer that make it impossible for the Performer to fulfill the Contract obligations;
7.2.4. other cases stipulated by the current legislation of the Russian Federation occur.
7.3. The party initiating the Contract termination, is obliged to notify the other party of the services rendering discharge not less than 5 (five) working days before the probable date of termination.
7.4. From the moment the Party receives the Contract termination notice, the Performer has no right to continue service rendering under the Contract, and the Customer has not the right to demand its continuation. In this case the Performer prepares statement of work and actions, and calculates a compensation due to its actually rendered services. Based on the Report of the Party given by the Performer the Parties define cost of the rendered services and make final settlement within 5 (five) working days after signing the corresponding document fixing the Contract termination and defining cost of rendered services.

8. DISPUTES RESOLUTION ORDER

8.1. The Parties came to an agreement that all disputes between them in the pre-trial order will be resolved through negotiations in compli-ance with the claim procedure.
8.2. If the claim is received, the Party is obliged to review it and forward the response to the claiming party within twenty (20) busi-ness days from the date of receipt of the claim. If the claim is left without consideration (no reply has been received), as well as in case of refusal of its satisfaction (full or partial), the Party submitting the claim, starting from the twenty-first (21) business day from the date of receipt of the claim by the other Party, has the right to refer the dispute to the court in accordance with paragraph 8.3 of this Agreement.
8.3. Any arguments appearing or that might appear upon the pre-sent Contract (specific legal relation) between the PARTIES also connected with its conclusion, execution (non-execution or incorrect execution), alteration, abrogation, ineffectiveness (fully or partly) shall be resolved by arbitration administered by the Arbitration Center at the autonomous non-profit organization "Institute of Con-temporary Arbitration" in accordance with the provisions of the Arbitration Rules.
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