Master Services Agreement
Between Atlas Manufacturing AS and Gathers Holdings AS — dated 12 March 2024
1 · Term and renewal
The initial term of this Agreement shall commence on the Effective Date and continue for a period of thirty-six (36) months thereafter unless earlier terminated in accordance with Section 9. The Agreement shall renew automatically for successive twelve-month periods unless either party provides written notice of non-renewal at least ninety (90) days prior to the end of the then-current term.
2 · Fees and payment
Customer shall pay a monthly service fee of forty-two thousand five hundred euros (€42,500), invoiced on the first business day of each calendar month. All invoices are due net forty-five (45) days from the date of issuance. The monthly fee is subject to an annual escalation of four and two-tenths percent (+4.2%) effective on each anniversary of the Effective Date.
3 · Service levels
Provider shall maintain ninety-nine and nine-tenths percent (99.9%) monthly uptime, measured on a rolling thirty-day basis. Service credits as detailed in Exhibit B shall apply to any month in which the uptime commitment is not satisfied.
4 · Confidentiality
Each party agrees to hold in strict confidence all Confidential Information disclosed by the other party, and shall not disclose such information to any third party without prior written consent. This obligation shall survive for five (5) years following termination of this Agreement.
5 · Termination
Either party may terminate this Agreement for material breach upon thirty (30) days' written notice if such breach is not cured. Termination for convenience shall require ninety (90) days' written notice and a settlement of any prorated fees through the effective date of termination.
6 · Variable charges
In addition to the monthly service fee, Customer shall pay an overage of four euro-cents (€0.04) per API call above five million (5,000,000) calls metered monthly, as reported by Stripe Metering on the last business day of each calendar month.
Atlas Manufacturing AS · J. Larsson, CFO
Gathers Holdings AS · D. Mathieu, CEO
Master Services Agreement
Between Atlas Manufacturing AS and Gathers Holdings AS — dated 12 March 2024
1 · Term and renewal
The initial term of this Agreement shall commence on the Effective Date and continue for a period of thirty-six (36) months thereafter unless earlier terminated in accordance with Section 9. The Agreement shall renew automatically for successive twelve-month periods unless either party provides written notice of non-renewal at least ninety (90) days prior to the end of the then-current term.
2 · Fees and payment
Customer shall pay a monthly service fee of forty-two thousand five hundred euros (€42,500), invoiced on the first business day of each calendar month. All invoices are due net forty-five (45) days from the date of issuance. The monthly fee is subject to an annual escalation of four and two-tenths percent (+4.2%) effective on each anniversary of the Effective Date.
3 · Service levels
Provider shall maintain ninety-nine and nine-tenths percent (99.9%) monthly uptime, measured on a rolling thirty-day basis. Service credits as detailed in Exhibit B shall apply to any month in which the uptime commitment is not satisfied.
4 · Confidentiality
Each party agrees to hold in strict confidence all Confidential Information disclosed by the other party, and shall not disclose such information to any third party without prior written consent. This obligation shall survive for five (5) years following termination of this Agreement.
5 · Termination
Either party may terminate this Agreement for material breach upon thirty (30) days' written notice if such breach is not cured. Termination for convenience shall require ninety (90) days' written notice and a settlement of any prorated fees through the effective date of termination.
6 · Variable charges
In addition to the monthly service fee, Customer shall pay an overage of four euro-cents (€0.04) per API call above five million (5,000,000) calls metered monthly, as reported by Stripe Metering on the last business day of each calendar month.
Atlas Manufacturing AS · J. Larsson, CFO
Gathers Holdings AS · D. Mathieu, CEO
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