Team Collaboration Contract

Effective Date: June 10, 2050

Parties:

This Team Collaboration Contract Agreement (hereinafter referred to as the "Agreement") is entered into between:

SwiftScape Innovations, a company registered under the laws of Ohio, with its principal office located at Suburbia, USA 54321 (hereinafter referred to as the "Company").

Brown Derby, an independent entity or organization, with its principal office located at 716 Diamond Street, Charlotte, NC  28217 (hereinafter referred to as the "Collaborating Party").

Background:

The Company and the Collaborating Party recognize the value of collaboration to achieve common goals and objectives. This Agreement outlines the terms and conditions under which both parties will collaborate on specific projects or initiatives.

1. Purpose

The purpose of this Agreement is to establish a clear framework for collaboration between the Company and the Collaborating Party for the following project(s) or initiative(s):

• Sales and Marketing Campaign Q4

• Recruiting Fair Q2 2050

2. Scope of Collaboration

2.1 Roles and Responsibilities

Both parties shall define their respective roles and responsibilities for each project/initiative. A detailed breakdown of roles and responsibilities is provided in Appendix A attached hereto.

2.2 Project/Initiative Deliverables

The expected deliverables, deadlines, and quality standards for each project/initiative shall be defined and documented in a separate project plan or statement of work (SOW), which will be attached as an annexure to this Agreement.

3. Term and Termination

3.1 Term

This Agreement shall commence on the Effective Date and continue until the completion of the last project/initiative defined herein, unless terminated earlier in accordance with the provisions of this Agreement.

3.2 Termination

Either party may terminate this Agreement with written notice if:

• The other party materially breaches any provision of this Agreement and fails to remedy the breach within 60 days of receiving written notice thereof; or

• Circumstances arise that make it impossible to fulfill the objectives of this Agreement.

4. Compensation and Expenses

4.1 Compensation

Details of compensation or financial arrangements related to each project/initiative shall be documented in the project plan or SOW as referenced in Section 2.2.

4.2 Expenses

The party incurring expenses in connection with a project/initiative shall be responsible for those expenses unless otherwise specified in the project plan or SOW.

5. Confidentiality

Both parties agree to treat all non-public information obtained during the collaboration as confidential and not to disclose such information to third parties without prior written consent, except as required by law.

6. Dispute Resolution

Any disputes arising out of or relating to this Agreement shall be resolved through good-faith negotiation between the parties. If a resolution cannot be reached, the parties may seek mediation or arbitration in accordance with the laws of North Carolina.

7. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of North Carolina, without regard to its conflict of law principles.

8. Entire Agreement

This Agreement, including any attached annexures or exhibits, constitutes the entire understanding between the parties concerning the subject matter hereof and supersedes all prior agreements and understandings, whether oral or written.

IN WITNESS WHEREOF, the parties hereto have executed this Team Collaboration Contract Agreement as of the Effective Date.

SwiftScape Innovations

Signature: _______________________

Robin, HR Manager

Date: June 10, 2050

Brown Derby

Signature: _______________________

Sang Vieira, Operations Manager

Date: June 10, 2050

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