ANNUAL SERVICE CONTRACT NO. ${contract_number}
${date_full_lt}
Kaunas
“${company_name}”, company code ${company_code}, registered office address ${address}, represented by the Director ${responsible_person}, hereinafter referred to as the Customer, and UAB “ELV projektai”, company code 302581322, represented by the Director Eglė Levinskienė, acting in accordance with the company’s Articles of Association, hereinafter referred to as the Contractor (hereinafter referred to collectively as the Parties, and individually as the Party), have entered into the following service contract (hereinafter referred to as the Contract):
1. Object of the Agreement:
1.1. The Contractor undertakes to carry out consultancy and accounting services, in accordance with a timetable agreed in advance with the Client, and to draw up a financial report for the period ${date_year}.
1.2. The Customer undertakes to pay for the services rendered in accordance with the rates set out in Annex 1 to this Agreement.
1.3. This Agreement commences the provision of accounting services from: ${date_iso}
2. Price of the work and payment arrangements:
2.1. The services provided for in this Contract are valued at EUR 200 + VAT per year, in case of exceeding the number of operations the price of the services will be calculated in accordance with the table of fees in Annex 1.
2.2. The Client shall pay the Contractor for the works provided for in Article 1.1 of the Contract in accordance with the submitted VAT invoice within 5 calendar days from the date of receipt of the handover-acceptance act (monthly report, VAT invoice). If the Client does not notify the Contractor within 20 calendar days from the end of the current month during which the services have been rendered that it has not received the VAT invoice, the Client shall be deemed to have received the invoice and shall be subject to all the obligations laid down in the Contract in relation to the payment of the relevant VAT invoice.
2.3. If the Customer breaches the payment deadlines provided for in Clause 4.1 of the Agreement, the Service Provider shall be entitled to claim a default interest of 0.1% of the amount not paid on time for each day of missed payment.
2.4. If the Customer is more than 30 (thirty) days late in paying the VAT invoice issued by the Service Provider within the terms set out in the Contract, the Customer shall be charged an additional debt management fee of EUR 10 (ten euros) (excluding VAT), to be paid by the Customer together with the following month’s service fee, without separate notification. The administration fee shall be calculated for each invoice separately.
2.5. In the event of a change (increase or decrease) in the rate of value added tax, the amount of VAT provided for in this Agreement shall be automatically recalculated in accordance with the applicable legislation of the Republic of Lithuania and amendments thereto.
2.6. If the Contractor is unable to provide the Services through no fault of the Service Provider, the price referred to in Clause 2.1. shall not be reduced.
2.7. The rates for the services to be provided by the Contractor are set out in Annex 1 to the Agreement, which forms an integral part of the Agreement.
2.8. In the event of changes in the scope of accounting work, changes in the requirements of legal acts, the price of the services provided by the Contractor shall be adjusted by agreement between the parties. In the event of failure to agree on the adjustment of the price of the services, the Contract may be terminated unilaterally by giving the other party not less than 30 (thirty) calendar days’ notice of termination of the Contract.
2.9. Additional works not covered by this Contract and the rates to be applied in the event of changes in the scope of works are set out in Annex 1 to this Contract.
3. Procedure for acceptance of works:
3.1. The Customer undertakes to confirm the provision of the services by signing this Agreement.
3.2. The Contractor undertakes to issue and submit a VAT invoice to the Client within one working day of the provision of the services (based on the revised and agreed actual costs).
4. Emergencies:
4.1. The Parties shall not be liable for any failure to perform their obligations under this Agreement, in whole or in part, if such failure is due to Force Majeure. The Parties shall understand forcemajeure as defined by the Civil Code of the Republic of Lithuania.
4.2. A Party to the Contract that is unable to fulfil its obligations due to the circumstances specified above must inform the other Party in writing no later than 15 (fifteen) calendar days after the occurrence of such circumstances. Late or inadequate notification or failure to provide information to the other Party shall exclude its right to rely on the above circumstances as a ground for exemption from liability for untimely (or inadequate) fulfilment or non-fulfilment of the obligations undertaken.
4.3. If the circumstances referred to above persist for more than 1 (one) month, the Contract may be terminated by mutual agreement of the Parties. In this case, the Customer shall reimburse the Contractor for the costs actually incurred by the Contractor.
5. Validity and termination:
5.1. The Client shall have the right to terminate the Contract unilaterally, notwithstanding that the Contractor has already started performance. In this case, the Client shall be obliged to pay the Contractor a proportion of the price in proportion to the work performed and to reimburse the Contractor for any other reasonable expenses incurred by the Contractor in the performance of the contract up to the time of receipt of the notice of termination from the Client.
5.2. The Contractor shall have the right to terminate the Contract unilaterally only for important reasons. In this case, the Contractor shall be liable to compensate the Client in full for any losses incurred.
5.3. In the event that the Contract is terminated at the initiative of either party, irrespective of the grounds for termination, the due date for payment of the last VAT invoice issued by the Customer’s Service Provider shall be 5 (five) calendar days.
6. Final provisions:
6.1. The Parties undertake to maintain confidentiality in their relations with each other: they shall not disclose to any third party, whether in writing, orally or in any other form, any commercial, business, financial information of which they have been made aware in the course of their cooperation under this Agreement.
6.2. The Agreement shall enter into force upon signature and shall remain in force until final settlement. By mutual agreement, the contract may be renewed for further years.
6.3. Any amendments or additions to the Contract shall be in writing and signed by authorised representatives of both Parties. Verbal reservations shall have no legal effect.
6.4. If any part of this Agreement becomes invalid or is cancelled, the remaining parts of the Agreement shall remain in force.
6.5. All notices and other correspondence between the Parties under the Contract shall be served on a Party to the Contract either by hand or by post or fax, unless otherwise specified in the Contract. A document sent by post shall be deemed to have been received on the third working day following the day on which the document sent to the recipient is delivered to the postal service provider.
6.6. In the event of any change of address, telephone and fax numbers, bank details, the Parties undertake to inform each other in writing without delay.
6.7. All disputes under this Agreement shall be settled by negotiation. In the absence of agreement, disputes shall be settled in accordance with the procedure established by the laws of the Republic of Lithuania.
6.8. This Agreement is drawn up in two original copies in the Lithuanian language, one for each Party. The Parties shall sign each page of the Agreement.
6.9. During the term of the Contract and for a period of twelve (12) months thereafter, the Customer undertakes not to recruit or employ any of the Service Provider’s employees or freelancers working for the Service Provider who have been involved in the provision of the Services to the Customer. This is an essential term of the Contract and the Customer shall pay a fine of EUR 10 000 (ten thousand) for each employee recruited in breach of the prohibition and shall indemnify the Service Provider against any loss incurred by the Service Provider to the extent that such loss is not covered by the fine”.
7. Addresses and signatures of the parties:
| Contractor Client UAB “ELV projektai” Company registration number 302581322 VAT code: LT100009450811 Jonavos g. 43A, Kaunas A/s Nr. LT62730001010125492011 Bank: bank “Swedbank” AB E-mail. elvprojektai@gmail.com Director Eglė Levinskienė | UZSAKOV: ${company_name} ${company_code} ${vat_code} ${address} ${email} Director ${responsible_person} |
Annex 1 to Contract No ${contract_number}
| Name of operation | Price Eur | |
| Invoices | ||
| Purchasing documents for up to 10 items* | pcs | 2.5 |
| Sales documents up to 10 items* | pcs | 2.5 |
| Quantitative Warehouse Accounting | ||
| Fixed asset write-offs, fuel write-offs, Fixed asset accounting | pcs | 12 |
| Production | pcs | 20 |
| Accounting for goods for resale (warehouses) | pcs | 15 |
| Monetary operations | ||
| Banking, cash payments | pcs | 0.5 |
| KPOs and KIOs shall be formed | pcs | 1.8 |
| Cash register entry | pcs | 50 |
| Accounting in advance | pcs | 8 |
| Loan accounting | hrs | 18 |
| Receipt for money | pcs | 2.5 |
| Wages | ||
| Fixed salary, rental contract | pcs | 23 |
| Employee’s payroll with ”BSS IT” | pcs | 20 |
| Employee variable pay, author’s contract | pcs | 25 |
| manager’s civil contract* | month | 18 |
| Travel, fuel | ||
| Work. business trip outside Lithuania, (daily allowance certificate) | pcs | 8 |
| Business trip in Lithuania (certificate) | pcs | 8 |
| Mission reports | pcs | 12 |
| Travel sheets up to 300km per car* | pcs | 12 |
| Administration, consultancy, other | ||
| Preparation of the ordinance, preparation of shareholders’ minutes | pcs | 12 |
| Contracting (leases, loans) | pcs | 18 |
| Balance sheet, income statement, cash flow (interim) | pcs | 35 |
| Preparation of statistical reports | pcs | 23 |
| Other services (preparation of reports for the tax authorities or other instances) | hrs | 40 |
| Senior accountant services | Val | 120 |
| Total transactions: | ||
| Free operations | ||
| Variable operations supplement | ||
| Additional services | Price Eur | |
| Preparation/performance of assignments | pcs | 1 |
| Verification of documents by entering them into Pragma or BSSIT | pcs | 0.5 |
| Document archiving | binder | 8 |
| Adjustment of declarations, prior period | pcs | 20 |
| Intrastat report****GPAIS | pcs | 50 |
| Bookkeeping through the BSSIT software | pcs | 25 |
| Data Management System (DMS) usage (based on staff)***** | pcs | 1 |
| Login to Pragma or BSS IT applications | pcs | 50 |
| Preparation of contracts, deeds, other free-form documents, annual packaging declaration | pcs | 60 |
| Preparation of bank documents for leasing, loans (except business plan); each report separately | pcs | 100 |
| Annual financial report to the Centre of Registers (balance sheet, profit and loss account, notes, profit and loss account, controlling persons report, decision on approval of accounts, data entry/submission to the Centre of Registers) | pcs | 150 |
| Tariff for accelerated works****** | Tariff | 1.5 |
| Service for obtaining a document from a customer’s supplier or buyer | pcs | 3 |
*for more positions, multiply the fee by 2;
** applies to Small Communities only;
*** for one month and one driver only; for multiple drivers, the rate is multiplied by 2 **** Up to 15 different items (customs codes), then charged at €0.50 per additional item (customs code);
***** The DVS (Data Management System) service is charged according to the number of employees in the company at EUR 1 per month, but not less than EUR 25;
****** If the client requests, we can perform the work faster than specified in the contract, but in this case the service will be charged at 1.5 times the rate (e.g. the client requires to prepare documents for the bank on a leasing application within 1 day, the service will cost EUR 150 instead of EUR 100, since we charge a higher rate for accelerated work).
Annex 2 to Contract No ${contract_number}
ANNEX ON SUPPLEMENTARY AGREEMENTS
Additional agreements
1. This Annex defines the additional agreements between the parties which supplement and elaborate the Accounting Services Agreement No.
2. The Parties agree that this Annex may define:
- additional services or works not included in the main contract;
- changes to the time limits or procedures for providing services;
- additional remuneration levels or payment terms;
- procedures for providing information, submitting documents or communicating;
- other mutual obligations related to the provision of services.
3. Any additional agreement or amendment agreed by the Parties may be incorporated into this Annex, specifying the specific date, content and signatures of the Parties.
4. This Annex forms an integral part of the Accounting Services Agreement. Where the provisions of the Schedule conflict with the provisions of the Main Contract, the provisions of the Schedule shall prevail unless otherwise agreed in writing by the parties.
5. The Annex shall enter into force on the date of its signature
SUPPLEMENTARY AGREEMENTS:
