C O N T R A C T
This Contract is made this…….day of……..…., 2007, in the city of Pazardzhik, by and between:
1. “Martini Bulgaria” Single-member LLC, with head office and registered office: the city of Plovdiv, 17, “Kuklensko Shose” str., registered under Company Case No. 5045/2000 of Regional Court Plovdiv, BULSTAT-, represented by Martini Andzhelo Renato, in his capacity of Manager, hereinafter referred to as PRINCIPAL
and
2. Legal Agency “PETKOV § KOSTOVA” LLC, with head office and registered office: the city of Pazardzhik, 25, “Aleksandar Stamboliyski” blvd., registered under Company Case No. 288/2006 of regional Court Pazardzhik, BULSTAT-, represented by Elena Kostova-Petkova, in her capacity of Manager, hereinafter referred to as CONTRACTOR,
therefore, the parties agreed as follows:
I. SUBJECT MATTER OF THE CONTRACT
1. With this Contract, the Principal assigns, and the Contractor agrees to perform the legal services of the Principal for reward, as the legal services consist in:
a/ Providing oral and written legal consultations, participation in negotiations and other matters, connected with the activity of the Principal.
b/ Legal representation in disputes of the Principal over the Code of Civil Procedure and before arbitral tribunals within the territory of the country.
II. DURATION OF THE CONTRACT. ENTRY INTO FORCE. TERMINATION OF THE CONTRACT
1. The current Contract is concluded for a period of 2 (two) years.
2. The current Contract shall enter into force from……………….2017, as it legally binds the parties on it from the same date.
3.1. If neither party notifies the other party in writing for its termination, at least three months prior to the expiration of the term of the contract, that contract shall be automatically extended for a further period of one year under the same conditions. In this way, the contract can be extended without limitation.
3.2. If the Principal terminates this contract before the expiration of the term under Art. 1 of the current section, he owes a contractual penalty of 100% of the remuneration due for the period until the end of the contract.