1. Payment, interest and late payment penalties

Every payment is to be made immediately after receipt of the invoice by bank transfer, unless otherwise agreed between the two parties.

Late payments will result in statutory interest on arrears, without the need for a dunning procedure. In the event that a dunning procedure is initiated, the Customer shall be obliged to pay a lump sum of €300 plus interest on arrears to the Service Provider. The claim of the Service Provider to compensation for further damage remains unaffected.

In the event of non-payment, the Service Provider reserves the right to withhold documents or to suspend the service until payment is received.


2. Power of attorney and commissioning of third parties

The Client provides the authority delegated to the Service Provider to intervene with the administrations concerned and, if necessary, to call in tax advisors whose intervention may be imposed for legal reasons without additional cost, insofar as this is necessary for the performance of the current contract.


3. Duration and termination

Unless otherwise specified, the present contract is concluded for an indefinite period and may be terminated may be terminated in writing with three months' notice.

In the event of failure by one of the parties to fulfil one of the essential obligations, the other party may terminate it without notice.

The Parties consider in particular the obligations referred to in Articles 1, 2, 5 and 6 of this Agreement to be essential.

In the event of suspension, a change in the Company's strategy or termination of this contract, all services provided up to the date of termination, contingency fees and all costs shall remain due to the Service Provider.


4. Obligation to inform

The Client is obliged to inform the Service Provider immediately of any change that could affect the contractual relationship between his/her company and the Service Provider and the proper provision of the service (e.g. sale of the company, change of ownership, change of name, change of registered office or contact details, change of contact person, etc.).

In the event of a relocation planned by the Service Provider, the Customer will be informed at least 6 months in advance so that the he / she can take all necessary measures to adapt to the change of address (especially in its sales communication). In such a case the Service Provider shall not be liable to pay any compensation whatsoever.


5. Confidentiality clause

The information transmitted or made available in the context of the implementation of this agreement shall be treated in strict confidence by both parties. They undertake not to disclose or communicate it to third parties under any circumstances and in any way.


6. Liability

The Service Provider cannot be held liable for any actions or decisions of the Client. This releases the Service Provider from all resulting costs and damages of any kind.

In any case, the responsibility of the Service Provider is limited to the amount of the remuneration for the service for which compensation is claimed for bad or non-performance.

This limitation of liability shall not apply to claims based on the Product Liability Act and claims in connection with the liability of the Service Provider for injury to life, body or health.


7. Special tasks

The Service Provider is expressly authorised to use the Client's name as a reference.


8. Place of jurisdiction and applicable law

The present contract, which is concluded between the Client and the Service Provider, is subject to German law.

Exclusive place of jurisdiction is Cologne.

The Service Provider may, however, sue the Client at the courts of its registered office.