Draft - MOU Nawra - VIZACOMM
Draft - MOU Nawra - VIZACOMM
between
Nawra
and
Vizacomm Dinamika Pariwara
On …………………
BY AND BETWEEN:
Nawra, a company established under the Laws of the of Singapore, having its Corporate Office
at 160 Robinson Road #14-04, Singapore with Registration number 201903716E, in this
agreement duly represented by Firas Almohasen, in his capacity as CEO (hereinafter referred to
as “Nawra” or “Party One);
Vizacomm Dinamika Pariwara, a company established under the Laws of Indonesian Republic,
having its corporate office at Jalan Petogogan 1 no 37, Jakarta Selatan, Indonesia. In this
agreement duly represented by Nita Hartawan, in her capacity as CEO (hereinafter referred to
Vizacomm or Party two)
WITNESSETH:
WHEREAS, Nawra and Vizacomm wish to explore potential business in relation to Corporate
Branding, and Sales & Marketing representatives in Indonesia;
NOW, THEREFORE, the Parties here to agree to the following terms and conditions:
ARTICLE 1
SCOPE OF MEMORANDUM OF UNDERSTANDING
1. Scope of this MOU is the understanding on the planning to collaboration and partnership
between the Parties, which focus on:
a. Develop the software and digital (social media strategy and management) and physical
branding ( Nawra branding activations, events, and exhibition)
b. Develop marketing and sales team for Indonesian market, to promote and sell Nawra
Program to Indonesian Market.
c. Conduct marketing and sales support activities;
d. Providing Indonesian based office
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2. In order to support this MOU, Party One will:
a. Give brief on all the Nawra marketing and sales roadmap to Vizacomm. Explain all of its
products / services in general especially those which can introduced to Umrah and Hajj
market. This could be by sending power point presentations, pdf documents, voice
meeting, etc.
b. Transfer knowledge and product education to Party Two.
c. Route customers or other relevant 3rd party to contact to Vizacomm
d. Support for customer care handling.
e. Provide technical support
ARTICLE 2
IMPLEMENTATION OF
MEMORANDUM OF UNDERSTANDING
(1) This MOU is not intended to be legally binding for the Parties and no binding obligation
will be created by this MOU, except for the obligation to maintain regarding the
confidential information as mentioned in Article 6 of this MOU.
(2)If the Parties agree, the detail implementations of the scope of this MOU as mentioned in
Article 1 shall be made in form of a definitive agreement signed by both Parties.
(3) Both Parties shall appoint their representatives for the purpose of this MOU, as the
project leader from each Party.
ARTICLE 3
PERIOD OF TIME
(1) This MOU shall remain in force for a period of 1 (one) year upon signing or until the
agreement as mentioned in Article 2 (3) of this MOU has been signed by both Parties.
(2) This MOU is a foundation to develop a relationship that could lead to a long-term and
profitable business relation (contract agreement) subject to Article 2.
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(3) This Memorandum of Understanding can be extended or terminated earlier as agreed
by the Parties upon 30 (thirty) days prior written notice to the other Party.
ARTICLE 4
COST
Each Party shall assume their own respective costs and expenses associated with the activities
undertaken or pursuant to this MOU, such as but not limited to the travel and living expenses of
their representatives to attend some meetings or other activities related to the execution of
this MOU, unless agreed otherwise by the Parties.
ARTICLE 5
ASSIGNMENT
Neither Party shall assign its rights, obligations, responsibilities, commitments, or any part of its
activities pursuant to this MOU, in whole or part, without the express and written consent of
the other Party, except to a wholly owned subsidiary or an entity controlling or under the same
control as, that Party.
ARTICLE 6
CONFIDENTIALITY
(1) Both Parties hereby guarantee to maintain any data and information related to the
financial, business, product and service known or to be disclosed under this MOU as a
confidential information and shall not be disclosed to third party who has no any interest
or concern for any reason, during and after the termination of this MOU, except for public
domain, to be disclosed by the law, or as approved by the disclosing party, since the
signing of this MOU and shall remain valid for 2 (two) years after the termination of this
MOU or after the agreement as mentioned in Article 2 (3) has been signed.
(2) The failure to comply with obligations as mentioned in paragraph (1) of this Article shall
cause the failure Party to indemnify the other Party.
ARTICLE 7
REPRESENTATIVES OF THE PARTIES
I. Nawra
Name: Firas Almohasen
Title: CEO
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Address: 160 Robinson Road #14-04
Phone: +966500041554
Email: [email protected]
ARTICLE 8
MISCELLANEOUS
(1) Any amendment to this Memorandum of Understanding shall be made upon agreement
between the Parties in form of Amendment or Side Letter.
(2) This Memorandum of Understanding is not exclusive and shall not boundary each Parties
to enter into the same Memorandum of Understanding with other party.
(3) This MOU shall be governed by and interpreted in accordance with the laws of the Republic
of Singapore, without regard to its Conflicts of Laws provisions. By this express agreement
the Parties seek to exclude any conflicts of laws provision as may be applicable and the
Parties hereby waive any right to object to the agreed law and jurisdiction.
(4) In the event of any dispute occurs in the interpretation and implementations of this MOU,
the Parties hereby agree to amicably settle it in 30 (thirty) calendar days or any period as
agreed by both Parties. If such dispute is not resolved by the Parties within such period, the
Parties shall settled it by arbitration in accordance with the Singapore International
Arbitration Centre (SIAC). The place of arbitration shall be in Singapore. In the event any
dispute occur in the interpretation and implementations of this Memorandum of
Understanding, the Parties hereby agree to amicably settle it in 30 (thirty) calendar days or
any period as agreed by both Parties.
This Memorandum of Understanding is made in good faith to be obeyed and is made in 2 (two)
original document, each of it is same and valid after being sign by each Party.
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Title: CEO Title : CEO