Version 2Base
Musaed Al-Almaei · 14 Aug
Version 3Newer
Faisal Al-Dosari · 23 Aug
4.Fees and payment
Text changedThe First Party pays a total of SAR 3,200,000 exclusive of VAT; each amount falls due within 15 days of receipt of a valid e-invoice through the Fatoora platform.
The First Party pays a total of SAR 3,200,000 exclusive of VAT; each amount falls due within 30 days of receipt of a valid e-invoice through the Fatoora platform.
5.Confidentiality
Text changedEach party keeps confidential the information it receives for the term and for 2 years after it ends.
Each party keeps confidential the information it receives for the term and for 5 years after it ends.
6.Limitation of liability
Text changedEach party's aggregate liability shall not exceed the amounts paid in six (6) months; the cap does not apply to fraud or a breach of confidentiality.
Each party's aggregate liability shall not exceed the amounts paid in twelve (12) months; the cap does not apply to fraud or a breach of confidentiality.
7.Termination
Text changedEither party may terminate on 30 days' written notice, or at once on a material breach by the other not remedied within thirty (30) days.
Either party may terminate on 45 days' written notice, or at once on a material breach by the other not remedied within thirty (30) days.