Responsibilities

Direct engagement with companies

Support to companies and group sessions to achieve market validation and market entry goals. This includes 1:1 coaching and feedback as well as group sessions for the registered cohort in the program.

Ecosystem Activities

Engaging with external organizations to create opportunities and resources for innovation programs, including strategic support to the team internally to negotiate with external stakeholders as well as direct participation in public activities such as conferences and symposiums.

Core strategy and communications

Support team in long term development, coordinating and compartmentalizing schedules and activities across different industries, mandates, and/or sponsoring organizations.

Providing internal analysis and feedback on mid- to long-term strategy.

Compensation

The successful performance of these services will accrue upon completion of individual work items with an attached time cost in hours and minutes.[1] Contractor and Client will confer on an ongoing basis regarding scheduled and outstanding work items, and the corresponding time will be considered “earned” when the Client receives the results[2] of the work item. In the normal course of performing this contract, work items may be considered complete or partially complete

The earned time will be tabulated according to the time allocation for a work item upon achieving the expected results, with no consideration of for a time log nor accrual of billable hours.

Upon mutual agreement, the time allocation can be unevenly distributed from week-to-week and/or month-to-month to account for seasonal variability in workload.

Independent Contractor

Work is to be done as a remote, external, contractor without the need for physical presence at Client’s office. The Client has no obligation to provide employment benefits, insurance, office space, or access to other digital or physical infrastructure and services other than to share information and resources that Contractor cannot obtain otherwise and are needed to complete work items.

Client acknowledges that digital collaboration through videoconference, email, and shared online storage is suitable to complete the majority of work items, and that Contractor may spend significant time physically present in international locations with a differing time zone.

Contractor has the responsibility to provide continued communication and uninterrupted progress on expected work items, with reasonable advanced notice of changes in time zone and scheduling availability that would constrain real-time communication through phone, videoconferencing, or other similar channels.

Taxes & Benefits

Contractor will be responsible for filing his own tax returns and to pay taxes in accordance with all provisions of applicable national and local laws. Client shall not be responsible for withholding employment taxes with respect to Contractor’s compensation. Contractor shall have no claim against Client for vacation pay, sick leave, retirement benefits, social security, worker’s compensation, health or disability benefits, unemployment insurance benefits or employee benefits of any kind.

Physical Presence

There may be instances in which the physical presence of the Contractor can contribute substantial and material improvement to key events, high-value negotiations, or other particular and infrequent work items. When these items are carried out within reasonable daily commuting distance of the Contractor’s present location, the Client may make such requests without incurring any need to reimburse for traveling costs, commuting costs, meals or any other form of travel stipend. While Contractor will make best efforts to meet such schedules and arrange own travel to maximize the benefits to the Client, physical presence for any and all requests cannot be guaranteed, and Client acknowledges it is suitable for Contractor to request to be present through digital channels or to decline attendance due to scheduling conflicts, logistical difficulties, or other unforeseen reasons.

Expense Reimbursements

When a work item or group of work items requires the Contractor to incur expenses on behalf of the Client, Contractor will provide a written request for the Client to make a direct purchase or to reimburse the expenses. Contractor must receive written approval from the Client for expenses before commencing the work item, otherwise, Client will have no obligation to pay such expense. Contractor agrees to provide Client with an expense invoice, and Client agrees to make payment to Contractor within 30 days from date of delivery of said expense invoice to Client.

Cancellation

Client may cancel this Agreement for any reason by providing a minimum of 60 days written notice to Contractor. The full value of this Agreement will be prorated to the 60th day after notice has been provided, and Contractor will complete the equivalent work items on or before the 60^th day. Contractor will provide a refund to Client for any pre-paid fees that extend beyond the 60^th day from having received notice.

Transfer of Intellectual Property Rights

Provided Client has complied with the terms and compensation of this agreement, Contractor shall automatically assign and transfer to Client or to Client’s client all right, title, interest, and ownership to the Work[3] for use throughout the world in perpetuity in any manner or media whether now known or hereafter invented.

Contractor hereby further waives any moral rights it may have with regard to Client’s uses of the Work. Contractor agrees, at Client’s reasonable expense, to cooperate as may be necessary to assist Client in enforcing Client’s rights in the Work.

Notwithstanding the foregoing, Contractor retains ownership in and to all engineering, including code and database frameworks and/or any and all process files, notes, documents, templates or other materials created by Contractor in connection with the services performed under this contract.

Confidentiality

Any and all Client information and data of a confidential nature, including, but not limited to any and all design, creative, marketing, sales, operating, performance, know how, business and process information (hereinafter referred to as “Confidential Information”), shall be treated by Contractor in the strictest confidence and not disclosed to third parties or used by Contractor for any purpose other than for providing Client with the services specified hereunder without Client’s express written consent, other than to comply with law.

Confidential Information shall not include any information which (a) becomes available to the public through no breach of confidentiality by Contractor, (b) was in Contractor’s possession prior to receipt from the disclosure, (c) is received by Contractor independently from a third party free to disclose such information, or (d) is independently developed by Contractor without use of the Client’s Confidential Information.

Upon request, Contractor hereto will promptly return or destroy all documents containing Confidential Information and delete all electronic records of or containing the same.

Public Disclosure

Neither party may disclose the terms of this Agreement. Neither party shall make any formal or informal public statement, press release or other announcement regarding the existence or terms of this Agreement without the other party’s prior written approval. Client further grants Contractor a worldwide, nonexclusive, irrevocable license to display written or visual content developed by Contractor in association with business development and marketing activities, provided that such display conforms to the “Confidentiality” clause above.

Limitation of Liability

Contractor’s liability to Client will not exceed the fees paid under this agreement, whether in contract, tort or under any other theory of liability. In no event shall contractor have any liability to client for any lost profits, loss of use, business interruption, costs of procurement of substitute goods or services, or for any indirect, special, incidental, multiple, exemplary, punitive, or consequential damages however caused and, whether in contract, tort or under any other theory of liability, whether or not either party has been advised of the possibility of such damage.

EXCEPT FOR THE EXPRESS WARRANTIES PROVIDED THROUGHOUT THIS AGREEMENT, NEITHER PARTY MAKES ANY OTHER WARRANTIES, EXPRESSED OR IMPLIED.

[1] (Definition) Work Item: A work item is an individual activity, task, work product, or other suitable assignment explicitly requested by the Client and carried out by Contractor according to the stated Roles and Responsibilities.

[2] (Definition) Results: A result for a work item is a tangible or intangible benefit that is generally stated explicitly in the title or description of a work item. In some cases, such benefit is not stated explicitly, but can be implicitly understood. The benefit is only considered as such when skilled labor is exerted to produce value-added results.

[3] (Definition) the Work: All works of authorship and all copyrights, patents, trade secrets and any other intellectual property rights, business concepts, plans and ideas, reports, manuals, visual aids, documentation, inventions, processes, proposed products, services, techniques, marketing ideas, and commercial strategies that have been or will be created by Contractor under this agreement, including all rights accruing to Contractor under any applicable copyright legislation.