GENERAL TERMS
4. TERMINATION AND CONSEQUENCES OF TERMINATION
4.1 This Agreement will commence on the date NZTE authorises
the Service Provider’s Services in the website
www.regionalbusinesspartners.co.nz and will continue in
force until it is terminated in accordance with its terms.
4.2 Either NZTE or Service Provider may in its absolute discretion
terminate this Agreement and all rights and obligations
hereunder by giving at least four weeks’ notice in writing to
the other party.
4.3 NZTE may in its absolute discretion terminate this Agreement
and the engagement of the Service Provider immediately by
notice in writing:
(a) if the Service Provider breaches this Agreement and fails to
remedy that breach within seven days of receiving written
notice to do so;
(b) if the parties are unable to resolve a dispute after
concluding the dispute resolution process in clause 9 of
these General Terms;
(c) if the Service Provider directly or indirectly engages
in conduct which in the opinion of NZTE is likely to
be detrimental to the reputation or image of NZTE, or
business generally;
(d) if the Service Provider is unable to pay its liabilities when
due or makes an assignment for the benefit of its creditors,
or becomes bankrupt or insolvent, or goes into liquidation
or has a receiver, receiver and manager, statutory manager,
trustee, administrator or other similar oicial appointed in
respect of the Service Provider’s property or any part of it,
or passes a resolution for winding up;
(e) if a warranty made by the Service Provider under this
Agreement is not true and correct; or
(f) if the Service Provider provides any information to NZTE
in accordance with this Agreement that is not true and
correct in all material respects.
4.4 If this Agreement is terminated or expires, all rights and
obligations of the parties shall terminate and no party is to
have any claim against any other parties arising under or in
connection with this Agreement, other than in relation to:
(a) any breach of clauses 6 and 8 of the General Terms;
b) any breach of this Agreement occurring before termination
or expiry;
(c) any indemnification claim under clause 9.4 or 10.3 of the
General Terms; or
(d) any other provision of this Agreement intended to continue
after termination or expiry.
5. INTELLECTUAL PROPERTY
5.1 Each party agrees that it retains ownership of any intellectual
property rights owned by it at the commencement of this
Agreement and all improvements or modifications made to
them under this Agreement.
5.2 Each party agrees that any intellectual property rights in
materials developed by them during the course of this
Agreement will be owned by the party that developed those
materials and the other party shall not have any claim over
such intellectual property rights.
6. CONFIDENTIAL INFORMATION
6.1 Permission to release Confidential Information
Each Party undertakes not to use or disclose the other
Party’s Confidential Information to any person or
organisation other than:
(a) to the extent that use or disclosure is necessary for the
purposes of providing the Services;
(b) if the other Party gives prior written approval to the use or
disclosure;
(c) if the use or disclosure is required by law (including
under the Oicial Information Act 1982) or parliamentary
convention; or
(d) if the information has already become public, other than
through a breach of the obligation of confidentiality by one
of the Parties.
6.2 Obligation to inform sta
Each Party will ensure that their Personnel:
(a) are aware of the confidentiality obligations in this Contract;
and
(b) do not use or disclose any of the other Party’s Confidential
Information except as allowed by this Contract.
7. GOVERNANCE AND COMPLIANCE
7.1 The Service Provider will establish internal policies and
procedures to ensure its directors, trustees, managers
and employees will act at all times consistently with best
management practices and practices of corporate governance,
including (but not limited to) practices as to:
(a) completion and retention of records and accounts;
(b) identifying, disclosing and preventing possible conflicts
of interest;
(c) honestly, properly and ethically using the Service Provider’s
information, assets and property; and
(d) complying with all applicable laws and regulations.
7.2 The Service Provider must ensure that:
(a) it provides and maintains a safe working environment;
(b) it complies with all applicable New Zealand legislation
including (without limitation) the Health and Safety in
Employment Act 1992 and all regulations, standards and
codes;
(c) the people performing the Services are competent in
health and safety matters and that they, at all times,
identify and exercise all necessary precautions for the
health and safety of all persons; and
(d) it performs appropriate health, safety and environmental
risk assessments and implements any necessary
preventative controls prior to providing the Services.