Article 5 — Client Responsibilities
The Client is responsible for: timely and complete provision of information, availability of relevant stakeholders, execution of decisions and recommendations, and internal communication and alignment.
Article 7 — Suspension and Termination
Venturoxx has the right to suspend or terminate the agreement with immediate effect if: payment is outstanding, access to decision-making is absent, the engagement shifts towards execution, or the Client structurally disregards recommendations. Venturoxx also has the right to suspend or terminate the agreement if, in Venturoxx’s reasonable assessment, the collaboration can no longer be continued effectively.
Article 9 — Exclusion of Indirect Damages
Venturoxx is not liable for indirect damages, including but not limited to: loss of revenue or profit, loss of clients, reputational damage, internal friction or reorganisation costs, or loss of data or opportunities.
Article 12 — Confidentiality
Both parties undertake to maintain confidentiality of confidential information. This obligation continues after termination of the agreement.
Article 13 — No Exclusivity
Venturoxx is free to work with other clients. No exclusivity is granted unless explicitly agreed in writing.
Article 15 — Force Majeure
Venturoxx is not obliged to fulfil any obligation where performance is reasonably prevented by circumstances outside its control, including illness, failure of communication systems, internet outages, government measures, natural disasters, labour disputes, or other events of force majeure. In such circumstances, Venturoxx will inform the Client without delay and the parties will consult on how to proceed.
Article 16 — Independent Contractor
Nothing in this agreement creates an employment relationship, joint venture, partnership, agency, or any other legal form of association between the parties. Venturoxx acts at all times as an independent contractor.