Covenant

This covenant is entered into effect as of:
between Ane Osiobe International Foundation, and

of company/independent contractor name

The Foundation and

are at times individually referred to herein as a “Party” and, collectively, as the “Parties.” In consideration of your contract(s) and transparency agreements with the foundation, contained herein and for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree to the terms and provisions of this covenant. This is a legally binding covenant between Ane Osiobe International Foundation and

The covenant includes the following...
1. The balance of your pay/money will be paid upon successful execution of the project you’re contracted to do.
2. State an estimated time of action (ETA) for this project.


3. You’ll report to the CFO and President of the foundation on a

basis (every Monday/Friday) with a detailed update on the progress of the project.
4. If you quit halfway or stop working for no reason halfway into the project or due to violation of any convenant point you’ll refund the foundation, every amount (money) that was paid to you for this project.
5. You can’t talk about the contract in detail to anyone outside the foundation governing body on/after the project.
6. Accepting this contract, you’re agreeing to a non-disclosure agreement about Ane Osiobe International Foundation to anyone without direct permission from the foundation.
7. Your contract with us is not an employment into the foundation (you’re an independent body) in the eyes of the law and the foundation. “You’re responsible for your own actions and not the foundation”.
8. All your operation(s) must be carried out in an ethical manner and you must treat all human beings with dignity and respect in accordance with the 1948 declaration of human rights.
9. Violation of any of the sections or bullet point(s) on this covenant, will lead to a quick termination of the contract and enforcement of section 4.
10. You’ll do your due diligence before working with or introducing any potential client to the foundation.
11. You’re not to abuse the foundation’s name, logo, or any affiliated property (directly or indirectly).
12. This is not a glorified gentlemans' agreement between Ane Osiobe International Foundation and
This document will be legally binding between the two parties.
13. When you sign this document, you’re agreeing to all the term(s) and conditions stated on this covenant and contract given to you.

14. You’re agreeing that a digital signature will stand for your original signature in a court of law.
15. You’re not allowed to collect or give any kickback/money directly or indirectly in favor and/or party inside or outside the foundation. Violation of this sections or bullet point on this covenant will lead to a quick termination of the contract and enforcement of section 4.
16. All matters/projects should be done/carried-out in an ethical and transparent manner at all times.
It is agreed that this covenant sets forth binding obligations on the Parties. The Parties agree to enter into more extensive documents consistent with the terms hereof and containing customary terms and provisions for similar transactions. However, the Parties acknowledge and agree that this covenant sets forth the fundamental terms of their agreement and the failure to enter into more extensive documents shall not affect the binding nature of the terms, provisions and obligations set forth in this binding covenant and the Parties agree to consummate the transactions contemplated herein and perform their obligations in accordance with the terms hereof whether or not the Parties execute more extensive documents. In the event
fails to perform any of its obligations under this covenant or otherwise breaches this covenant Ane Osiobe International Foundation may terminate this covenant by providing written notice to
and upon such termination
agrees to immediately pay the Ane Osiobe International Foundation a full refund of all installment payment or agreed upon payments and a failure of not setting an agreed amount, a full refund will be paid.
The Parties acknowledge and agree that this covenant is binding on the signatories hereto and constitutes the entire agreement and understanding of the signatories/ electronic signatories with respect to the subject matter hereof and is not intended to confer on any other person any rights or remedies. Each Party agrees that all legal proceedings concerning the interpretation and enforcement of this covenant shall be commenced exclusively in the state and federal courts sitting in the City of Abuja, FCT, Nigeria.
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