rights to:(i)use the Deliverables in any manner the Hotel determines; (ii) alter or rearrange the Deliverables; (iii) secure copyright in the Deliverables; and (iv) sell or otherwise exploit the Deliverables.
B. Marks: You acknowledge that Hotel, HWI or Affiliates is the owner of all trademarks, trade names, service marks, copyrights and logos (collectively “Marks”) that they provide to you in connection with the Services. You do not have any ownership rights in the Marks and may not use the Marks in any fashion without the express written consent of Hotel. You will not take (or fail to take) any action if it will result in a challenge to the validity of the Marks or ownership of the Marks. You will not (i) contest or deny the validity of, right or title to the Marks; (ii) encourage or assist others directly or indirectly to do so at any time; nor (iii) use the Marks in any manner that would diminish the value of the Marks or harm the reputation of Hotel or HWI. You have no right to authorize any third party to use the Marks. You will use the Marks in accordance with any guidelines and instructions provided by Hotel or HWI.
12. AUDIT: Hotel or HWI may examine and copy your books relating to the Services at any time during normal business hours and upon reasonable notice.
13. LAWS, LICENSES AND REGULATIONS: Each party will comply with all applicable laws, regulations, codes, ordinances and rules(the “Applicable Laws”) in connection with this Agreement. You will maintain at your expense all permits or licenses required to perform the Services.
14. LIENS: You will keep all Hotel property free and clear from all liens. Hotel may require as a condition to payment waivers or releases of liens or receipts in full and an affidavit that all such claims have been fully satisfied.
15. ASSIGNMENT, SUBCONTRACTING: You will not assign nor subcontract your obligations under this Agreement, nor encumber this Agreement without Hotel’s prior written consent. HWI is the only third party beneficiary to this Agreement and you agree that HWI has the right to directly enforce against you any obligations under this Agreement. This Agreement will inure to the benefit of and be binding upon the Parties and their respective successors and assigns.You are jointly and severally liable for the actions of your assignees and contractors.
16. INDEMNIFICATION: You willdefend, indemnify and hold harmless Hotel, HWI and Affiliates and their respective officers, directors, agents, contractors, employees (collectively referred to as the “Indemnitees”), against and from any and all allegations, demands, claims, liabilities, damages, or costs of any kind (including reasonable attorneys’ fees), whether or not occurring during the Term (“Claims”), arising out of or in any way connected with (a) your breach of this Agreement, (b) your negligence, or (c)your actual or alleged infringement of the rights of any person, including without limitation, copyright, patent, trade secret, trademark, privacy, publicity or other intellectual property laws. Any Indemnitees against whom a Claim has been made may, by notice to you, require you to defend the Claim at your own expense and to reimburse the Indemniteesany amounts paid or payable, including reasonable attorney fees and costs.
17. INSURANCE: You will maintain insurance at your own costcontinuously throughout the Term and during any period in which you perform the Services. The insurance will comply with the requirements attached as Exhibit B, which Hotel may update from time to time. On behalf of yourself and your insurers, you waive all rights against Hotel, HWI, their Affiliates and theiragents, officers, directors, and employees for recovery of damages to the extent these damages are covered by your insurance regardless of deductibles, if any.
18. TERMINATION: Hotel may terminate this Agreement for any reason upon thirty (30) days written notice to you. The Hotel may terminate this Agreement immediately in the event:-
A. You breach this Agreement and you fail to cure your breach where such breach is capable of being cured within 10 days’ of written notice of termination from Hotel;
B. There is a material adverse change in your business or financial condition;
C. You cease doing business;
D. There is a change of control over you without Hotel’s consent;
E. Applicable laws may materially interfere with your ability to provide the Services;
F. You violateany of the Confidentiality, Privacy or Laws, Licenses and Regulations provisions of this Agreement.
19. POST TERMINATION OBLIGATIONS: Upon termination of this Agreement, you will provide reasonable transition assistance to Hotel including providing all Deliverables and Services, fully or partially completed, in the format requested by Hotel, and cooperating with any successor service provider.
If Hotel terminates this Agreement for cause, you will pay costs of transition.
20. REMEDIES: You acknowledge that Hotel's remedy at law for breach of this Agreement would be inadequate. You therefore consent to temporary and permanent injunctive relief and/or specific performance in any proceeding brought to enforce this Agreement, without the necessity of proof of actual damage, in addition to all other remedies under this Agreement or available at law.
21. MISCELLANEOUS:
A. Neither Party is the drafter of this Agreement and no provision should be construed against either Party as the drafter.
B. Except as provided below, any provision of this Agreement held unenforceable will be deemed severed from this Agreement. The remainder of the Agreement will remain in full force and effect. If a provision is held unenforceable because it is unreasonable, onerous or unduly restrictive, it will remain effective to the maximum extent permissible within reasonable bounds.
C. Provisions intended to survive (including Sections 5, 7 – 10, 15, 16, 18, and 24) will survive the expiration or termination of this Agreement.
22. NATURE OF AGREEMENT:This Agreement does not grant you any license or other interest or real estate interest in the Hotel premises or asset. Your use of Hotel premises is non-exclusive, fully revocable and only permitted to the extent required toperform the Services.
23. NOTICES: All notices to be given under this Agreement must be in writing and sent to the address specified on the SOW. Notices are effective the earlier of: (i) one business day after being sent by next day delivery service; or (ii) three business days after being sent by certified or registered mail. All notices will be sent to the receiving Party’s address as set forth in the applicable SOW.
24. MODIFICATION; ENTIRETY OF AGREEMENT: This Agreement is the full and complete understanding of the Partiesregarding the Services and supersedes any prior written or oral agreements. This Agreement may only be modified by a subsequent writing executed by duly-authorized representatives of both Parties which expressly states that it is a modification of this Agreement.
25. GOVERNING LAW AND VENUE: This Agreement is governed by and interpreted under the laws of the jurisdiction in which the Hotel is located. Any litigation arising out of or related to this Agreement willbe filed in a court of competent jurisdiction in which the Hotel is located. The Parties unconditionally and irrevocably submit themselves to the exclusive jurisdiction of these courts.
26. COUNTERPARTS: This Agreement may be executed in counterparts and exchanged by facsimile or electronically scanned copy. Each such counterpart will be deemed to be an original and all such counterparts together will constitute one and the same Agreement.
Vendor or “You”
Entity Name : Global Marine Tech Co.,Ltd Hotel or “We”
Hotel Owner Name: P.P.C. ENTERPRISE CO., LTD.
d/b/a Hotel Name: HILTON PHUKET ARCADIA RESORT & SPA
Signed: ……………………………………...
Signed: …………………… | .....………………...
Name (Print): ……………………………………... Name (Print): PETER SIMSON | STATHI KALINIKOS
Position: ……………………………………... Position: General Manager | Financial Controller
Dated: ……………………………………...
Dated: ……………………………………...