Nexy Partnership Agreement

The purpose of this Agreement is to define the terms and conditions under which the Partner will host Nexy charging stations at their premises and how the revenue sharing partnership will function for both parties.

This Agreement will commence on the 4/17/2025 and will remain in effect until terminated by either party with 10 days' written notice. Written notice must be sent to the party's email at least 10 days in advance.

Nexy agrees to supply, install, and maintain the charging stations at the Partner's location(s). Nexy will provide customer support and software updates. Nexy agrees to offer revenue-sharing opportunities from rental fees or other monetization.

The Partner agrees to host the Nexy charging station(s) at their premises. The Partner will maintain a secure and safe environment for the charging stations. The Partner is also responsible for providing a regular power supply (15 amp) for the station's operation. The Partner agrees to promote the availability of Nexy charging stations to their customers (optional but recommended).

The Partner will receive a percentage of revenue generated from rentals at their location, as specified in this agreement. Payments will be made monthly via e-transfer to the email provided by the Partner, on the first of each month, if the amount exceeds $100. Nexy reserves the right to review and adjust revenue-sharing terms with 30 days' notice.

Nexy will handle all technical and maintenance-related issues at no additional cost to the Partner. The Partner agrees to notify Nexy promptly in the event of any damage or malfunction.

Either party may terminate this Agreement with 10 days' written notice. Upon termination, Nexy will remove the stations.

Both parties agree to indemnify and hold each other harmless from any claims, damages, or liabilities arising out of negligence or misconduct.

Both parties agree to keep any confidential information received during the course of the partnership private and secure, unless required by law.

This Agreement shall be governed by and construed in accordance with the laws of the Province of British Columbia, Canada. However, for partners located outside British Columbia, the applicable laws of their respective jurisdiction within Canada or the United States may also apply.

Any amendments to this Agreement must be made in writing and signed by both parties. This Agreement constitutes the entire agreement between the parties and supersedes any prior understandings or agreements.