Vendor Agreement
This Vendor Agreement ("Agreement") is made effective as of
__________________________
("Effective Date"),
by and between
Lightworkers Circle ("Platform") and
__________________________ ("Service Provider").
1. Services
The Service Provider agrees to offer services and/or events ("Services") through the Platform in accordance with the terms of this Agreement.
2. Commission
The Platform will deduct a commission of 15% from all payments made by users for the Services provided by the Service Provider. This commission will be automatically deducted prior to disbursement of payments to the Service Provider.
3. Payment Terms
Payments to the Service Provider for Services rendered will be made on a monthly basis, upon completion of the provided event services or events. Payments will be processed within 5 working days at the beginning of each month.
4. Cancellation Policy
4.1 Notice of Cancellation
The Service Provider must provide at least 24-hour notice to the Platform for the cancellation of any Services or events. Cancellations made after this notice period may incur a cancellation fee of up to 20% of the total service fee.
4.2 Weather Conditions
Cancellations due to severe weather conditions are not bound by the above notice clause and will be handled on a case-by-case basis.
4.3 Notification to Users
The Service Provider is obliged to notify users directly regarding any cancellations of Services or events. Failure to do so may result in penalties as determined by the Platform.
5. Active Service Requirement
The Service Provider must have at least one active service available for registration each month. If the Service Provider fails to meet this requirement, the admin reserves the right to unpublish the corresponding lightworker page
6. Responsibilities of the Service Provider
The Service Provider agrees to:
- Provide accurate information about the Services offered.
- Maintain professionalism and high standards in the delivery of Services.
- Comply with all applicable laws and regulations in the provision of Services.
7. Indemnification
The Service Provider agrees to indemnify and hold harmless the Platform, its affiliates, and their respective employees and agents from any claims, losses, liabilities, damages, costs, or expenses arising from the Service Provider's performance of Services or any breach of this Agreement.
8. Term and Termination
This Agreement shall commence on the Effective Date and continue until terminated by either party with 30 days written notice. The Platform may terminate this Agreement immediately for cause if the Service Provider breaches any term or condition herein.
9. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of Hong Kong. Any disputes arising under this Agreement shall be resolved in the courts of Hong Kong.
10. Entire Agreement
This Agreement constitutes the entire agreement between the parties regarding the subject matter hereof and supersedes all prior agreements and understandings, whether written or oral.
This Agreement shall become effective upon the Service Provider clicking the “Accept” button.1. Services
The Service Provider agrees to offer services and/or events ("Services") through the Platform in accordance with the terms of this Agreement.2. Commission
The Platform will deduct a commission of 15% from all payments made by users for the Services provided by the Service Provider. This commission will be automatically deducted prior to disbursement of payments to the Service Provider.3. Payment Terms
Payments to the Service Provider for Services rendered will be made on a monthly basis, upon completion of the provided event services or events. Payments will be processed within 5 working days at the beginning of each month.4. Cancellation Policy
4.1 Notice of Cancellation
The Service Provider may cancel the event at least 2 days before the scheduled event date. If cancellation is necessary within 2 days of the scheduled event date, please contact the Platform admin for assistance. The admin will deduct a 20% administrative charge from the total service fee.4.2 Weather Conditions
Cancellations due to severe weather conditions are not bound by the above notice clause and will be handled on a case-by-case basis.4.3 Notification to Users
The Service Provider is obliged to notify users directly regarding any cancellations of Services or events. Additionally, the Service Provider is responsible for notifying registrants of any changes in content, format, or schedule of the Services and events. Failure to do so may result in penalties as determined by the Platform.4.4 Unpublishing of Page
If the Service Provider cancels more than 2 events within 6 months, the corresponding lightworker page will be unpublished.5. Active Service Requirement
The Service Provider must have at least one active service available for registration each month. If the Service Provider fails to meet this requirement, the admin reserves the right to unpublish the corresponding lightworker page.6. Responsibilities of the Service Provider
The Service Provider agrees to:- Provide accurate information about the Services offered.
- Maintain professionalism and high standards in the delivery of Services.
- Comply with all applicable laws and regulations in the provision of Services.
7. Indemnification
The Service Provider agrees to indemnify and hold harmless the Platform, its affiliates, and their respective employees and agents from any claims, losses, liabilities, damages, costs, or expenses arising from the Service Provider's performance of Services or any breach of this Agreement.8. Term and Termination
This Agreement shall commence on the Effective Date and continue until terminated by either party with 7 days' written notice, and shall remain in effect until all events posted by the Service Provider are completed. The Platform may terminate this Agreement immediately for cause if the Service Provider breaches any term or condition herein.9. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of Hong Kong SAR. Any disputes arising under this Agreement shall be resolved in the courts of Hong Kong SAR.10. Entire Agreement
This Agreement constitutes the entire agreement between the parties regarding the subject matter hereof and supersedes all prior agreements and understandings, whether written or oral.This Agreement shall become effective upon the Service Provider clicking the "Accept" button.