PHOTO RETOUCHING OUTSOURCING AGREEMENT
PHOTO
RETOUCHING
Between:
Suite
207 - 0000 Xxxxxx Xxxxxx,
Xxxxxxxxx,
Xxxxxxx Xxxxxxxx, Xxxxxx X0X 0X0
(hereinafter
referred to as “DGT”)
And:
Dolphin
Industries Limited
Room
0000 Xxxxxx Xxxx Xxxxxxxxxx Xxxx 000 Xxxxxx Xxxx Xxxxxxxxxxx, Xxxx Xxxx
(hereinafter
referred to as “Dolphin”)
WHEREAS:
DGT
is an
internet provider of professional digital photo-editing services for photography
studios and digital photo processors.
Both
parties are desirous of entering into this Agreement regarding the outsourcing
of photo-editing services of DGT’s clients in the North American market place
and elsewhere.
NOW
THEREFORE THIS AGREEMENT WITNESSETH that both parties agrees as
follows:
1. |
DGT
shall pay Dolphin USD10,000, for carrying out the beta testing of the
quality of their photo-editing services and testing of the Internet
bandwidth for file transmission. This amount is to be paid in two monthly
installments, USD5,000 on the date of this Agreement and USD5,000,
30 days
subsequent to the date of this Agreement;
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2. |
Upon
successful completion of the beta testing stage, DGT will guarantee
Dolphin the greater of: (1) USD5,000 for each 30 day period of
photo-editing work completed for a total of 90 days (payment to be
effective 30 days from the successful completion of the beta tests);
or
(2) a minimum of 3,300 pictures to be edited for each 30 day period
for a
total of 90 days at USD1.50 per finished digital
photo;
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3. |
Dolphin
agrees to complete its photo-editing services within 14 days of receiving
the original digital photo files. The completed files must meet DGT
pre-defined standards for finished
products;
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4. |
Dolphin
shall charge DGT USD1.50 per delivered, completed photo. The price
per
unit shall be open to renegotiation - in response to competitive pricing
pressures - upon receipt of written notice at any time by either
party;
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5. |
Dolphin
will provide photo-editing services exclusively, at DGT option, when
the
number of downloaded photos to be edited by Dolphin totals 50,000 in
a
single year;
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6. |
Dolphin
acknowledges that it is illegal to copy or reproduce these photographs,
including but not limited to electronic reproduction, without DGT
expressed permission, and any violation will be subject to civil and
criminal penalties.
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WHEREAS
BOTH PARTIES AGREE FURTHER TO THE TERMS AND CONDITONS AS FOLLOWS:
Indemnity
And Limitation of Liability:
Dolphin
hereby indemnifies, holds harmless and defends DGT, its Board of Directors,
officers, and agents against any and all claims (including all legal fees and
disbursements incurred in association therewith) arising out of the exercise
of
any rights under this Agreement including, without limiting the generality
of
the foregoing, against any damages or losses, consequential or otherwise,
arising from or out of the use of DGT’s products under this Agreement by Dolphin
or their customers or end-users howsoever the same may arise.
DGT's
total liability, whether under the express or implied terms of this Agreement,
in tort (including negligence), or at common law, for any loss or damage
suffered by Dolphin, whether direct, indirect or special, or any other similar
or like damage that may arise or does arise from any breaches of this Agreement
by DGT and its Directors, Officers or agents, shall be limited to the amount
of
the cost of the products.
In
no
event shall DGT be liable for consequential or incidental damages arising from
any breach or breaches of this Agreement.
No
action, whether in contract or tort (including negligence), or otherwise arising
out of or in connection with this Agreement, may be brought by Dolphin more
than
six months after the cause of action has occurred.
Right
of photo
Records:
Dolphin
shall maintain at its principal place of business, or such other place as may
be
most convenient, separate accounts and records of all services provided to
DGT,
such accounts and records to be in sufficient detail to enable proper returns
to
be made under this Agreement.
Dolphin
shall deliver to DGT on the date 30 days after each and every year a
detailed photo-editing report on all services provided on a unit basis (i.e.
customer number, file number, cost).
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The
calculation shall be carried out in accordance with generally accepted U.S.
accounting principles ("GAAP"),
or
the standards and principles adopted by the U.S. Financial Accounting Standards
Board ("FASB")
applied on a consistent basis.
During
the term of this Agreement, and thereafter, Dolphin shall use reasonable efforts
to ensure that all information provided to DGT or its representatives pursuant
to this Article remains confidential and is treated as such by DGT.
Governing
Law And Arbitration:
This
Agreement shall be governed by and construed in accordance with the laws of
the
State of Nevada, USA in force therein without regard to its conflict of law
rules. All parties agree that by executing this Agreement they have attorned
to
the jurisdiction of the Supreme Court of the United States. The Supreme Court
shall have exclusive jurisdiction over this Agreement.
In
the
event of any dispute arising between the parties concerning this Agreement,
its
enforceability or the interpretation thereof, the same shall be settled by
a
single arbitrator appointed pursuant to the provisions of the Commercial
Arbitration Act
of the
State of Nevada, or any successor legislation then in force. The language to
be
used in the arbitration proceedings shall be English.
Notices:
All
payments, reports and notices or other documents that any of the parties hereto
are required or may desire to deliver to any other party hereto may be delivered
only by personal delivery or by registered or certified mail, telex or fax,
all
postage and other charges prepaid, at the address for such party set forth
below
or at such other address as any party may hereinafter designate in writing
to
the others. Any notice personally delivered or sent by telex or fax shall be
deemed to have been given or received at the time of delivery, telexing or
faxing. Any notice mailed as aforesaid shall be deemed to have been received
on
the expiration of five days after it is posted, provided that if there shall
be
at the time of mailing or between the time of mailing and the actual receipt
of
the notice a mail strike, slow down or labour dispute which might affect the
delivery of the notice by the mails, then the notice shall only be effected
if
actually received.
Termination:
DGT
shall
be entitled to terminate this Agreement if
Dolphin fails to meet its requirements and material obligation hereunder and
only after DGT have given Dolphin written notice of such failure and only after
Dolphin has not rectified such failure within 10 days of the notice.
Dolphin
shall be
entitled to terminate this Agreement only after DGT
fails to
meet a material obligation hereunder and only after Dolphin has given DGT
written notice of such failure and only after the DGT has not rectified such
failure within 30 days of the notice.
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General:
1. |
Dolphin
shall be entitled to defer any obligation hereunder in the event of
force
majeure, where force majeure is defined as an act of God, war, revolution,
insurrection, riot, blockade or any other unlawful act against public
order or authority, strike, lockout or other industrial disturbance,
storm, fire, flood, explosion or lightning, the failure to obtain the
approval or any government, governmental agency, commission, board
or
other tribunal having jurisdiction, and any other event not reasonably
within the control of Dolphin;
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2. |
Any
notice, demand, payment or other communication (collectively the
“Correspondence”) to be given hereunder shall be in writing and shall be
delivered to the address or fax number of the party appearing
herein;
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3. |
Both
parties shall do all such things and execute all such written materials
as
may be required to carry out the full intent and meaning of this
Agreement; and
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4. |
This
is the entire Agreement between the parties in respect of the matter
referred to herein and no amendment or interpretation of this Agreement
will be binding on the parties unless same is in writing executed by
the
parties hereto.
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5. |
Dolphin
shall permit any duly authorized representative of DGT, during normal
business hours and at DGT's sole risk and expense, to enter upon and
into
any premises of Dolphin for the purpose of inspecting the service.
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6. |
Nothing
contained herein shall be deemed or construed to create between the
parties hereto a partnership or joint venture. No party shall have
the
authority to act on behalf of any other party, or to commit any other
party in any manner or cause whatsoever or to use any other party's
name
in any way not specifically authorized by this Agreement. No party
shall
be liable for any act, omission, representation, obligation or debt
of any
other party, even if informed of such act, omission, representation,
obligation or debt.
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7. |
Subject
to the limitations hereinbefore expressed, this Agreement shall enure
to
the benefit of and be binding upon the parties and their respective
successors and permitted assigns.
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8. |
No
condoning, excusing or overlooking by any party of any default, breach
or
non-observance by any other party at any time or times in respect of
any
covenants, provisos or conditions of this Agreement shall operate as
a
waiver of such party's rights under this Agreement in respect of any
continuing or subsequent default, breach or non-observance, so as to
defeat in any way the rights of such party in respect of any such
continuing or subsequent default or breach, and no waiver shall be
inferred from or implied by anything done or omitted by such party,
save
only an express waiver in writing.
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9. |
No
exercise of a specific right or remedy by any party precludes it from
or
prejudices it in exercising another right or pursuing another remedy
or
maintaining an action to which it may otherwise be entitled either
at law
or in equity.
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10. |
Marginal
headings as used in this Agreement are for the convenience of reference
only and do not form a part of this Agreement and are not be used in
the interpretation hereof.
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11. |
If
any Article, part, section, clause, paragraph or subparagraph of this
Agreement shall be held to be indefinite, invalid, illegal or otherwise
voidable or unenforceable, the entire Agreement shall not fail on account
thereof, and the balance of this Agreement shall continue in full force
and effect.
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12. |
Time
shall be of the essence of this Agreement.
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13. |
Whenever
the singular or masculine or neuter is used throughout this Agreement
the
same shall be construed as meaning the plural or feminine or body
corporate when the context or the parties hereto may require.
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IN
WITNESS WHEREOF the parties hereto have hereunto executed this Agreement on
the
1st
day of
JUNE
,
2006
, but
effective as of the Date of Commencement.
SIGNED
FOR AND ON BEHALF of
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by
its duly authorized officers:
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)
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)
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/s/
Xxxxxx Xxx, President
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Authorized
Signatory
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)
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SIGNED
FOR AND ON BEHALF of
DOLPHIN
INDUSTRIES LIMITED
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by
its duly authorized officers:
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)
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/s/
Xxxxx-Xxxxx Xx, President/Director
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Authorized
Signatory
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